Manufacturing

Manufacturing

As experienced Accountants specialising in the manufacturing sector, we understand the complex financial and tax challenges faced by manufacturers in Australia.

From managing production costs and capital investments to navigating industry-specific tax incentives, we’re here to help your business achieve the success that you deserve.

With a strong background in supporting manufacturing businesses, we understand that managing cash flow and costantly shifting inventory are important to you, as is anticipating expenses, maintaining and growing profitability, and making smart financial decisions  based on accurate and current data

We’ll handle all of your tax compliance needs relevant to your business structure (sole trader, company, partnership, trust).

We also manage BAS returns, Payroll Tax returns, Fringe Benefits Tax returns and ATO audits.

Our comprehensive suite of tax and accounting services are tailored to meet your needs, from income tax returns and tax planning and advice to financial reports, business structures, family trusts and self-managed super funds. We have a wealth of knowledge and experience in tax and accounting to optimise tax positions and minimise tax.

Tax Advice & Compliance

We’ll handle all of your tax compliance needs and will work proactively with you to help implement legitimate tax planning strategies

Accounting & Business Reporting

Use our simple, graphical and well presented monthly reporting pack to gain insights into the profitability and key drivers in real-time

Cash flow Management

We can help forecast cash flow by closely tracking income and expenses taking into account seasonal variations

Inventory Management

Proper inventory accounting is necessary for identifying shrinkage, controlling costs, and making strategic purchasing decisions

Asset Management

Maximising deductions for capital expenditures, including plant, equipment, machinery, asset write-offs, and tax incentives.

Our clients in the manufacturing sector consistently benefit from our proactive approach, industry experience and commitment to delivering results. We pride ourselves on building long-term relationships based on trust, integrity and a deep commitment to your success.

Cost Accounting

Keeping track of accurate accounting data allows you to make better informed business decisions.

An Accountant with manufacturing experience knows that it is important to have a strong focus on inventory to detect losses, damages and theft of stock.  This helps business owners to track the cost of sales, a very important element in understanding your gross profit margin.

In an uncertain economic climate, proactive accounting is important to improve profitability by assisting with increasing revenue while reducing costs.

An accountant with manufacturing experience understands the importance of accurately valuing and tracking inventory, pricing strategies, managing high volumes of transactions and meeting specific tax laws relevant to the manufacturing industry

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  • 1300 878 876 | (03) 5959 1970
  • contact@upturn.com.au
  • L1, 1A Main St Mornington VIC 3931