Accounting & Bookkeeping ยท KBLI 10710

Manufacturing & Production SME

SME manufacturing businesses face challenges in Cost of Goods Sold (COGS) calculation involving raw materials, direct labor, and overhead. Without accurate bookkeeping, selling prices and margins are difficult to control. Arunika Consulting helps manufacturing bookkeeping so costing and financial statements are consistent.

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What usually goes wrong

  • COGS with Many Components

    Production costs come from various components requiring consistent costing methods.

  • Work in Process (WIP)

    Inaccurate WIP valuation makes financial statements biased and margins inaccurate.

  • Production Waste

    Waste and scrap are often unrecorded so efficiency is difficult to measure.

What we do

  1. 01

    Job Order or Process Costing

    Determining costing method according to production characteristics, whether per order or mass production.

    • Accurate COGS
    • Right selling price
    • Measurable margin
  2. 02

    Structured WIP Valuation

    WIP measurement based on completion level for neat monthly closing.

    • Accurate monthly reports
    • Audit ready
    • Ongoing cost control
  3. 03

    Cost Variance Analysis

    Comparing standard vs actual costs to find efficiency opportunities.

    • Cost savings
    • Process improvement
    • Data-driven decisions

Related regulations

  • PSAK 14

    Inventory

    Standard recording of raw materials, work in process, and finished goods

  • SAK EMKM

    SME Accounting Standards

    Simple financial statement preparation guide for SMEs

If the tax office starts asking questions

The team that keeps your books and files your taxes also stays with you through an SP2DK, an audit, an objection and an appeal.

How we handle tax disputes

Frequently Asked Questions

What costing method is suitable for SME manufacturing?

We assess production type and volume. For custom production, job order costing is more appropriate. For mass production, process costing is more efficient.

Can bookkeeping help control raw materials?

Yes. We create raw material usage reports and variances to control waste.

How do accounting services improve operating cost efficiency?

Accurate, timely financial reports help you spot cost leakage, monitor margins by product or service, and make data-based decisions.

Can financial reports be accessed in real time?

Yes. We use cloud accounting systems so you can monitor cash flow, profit and loss, and business performance from anywhere.

How do you ensure reports are ready for external audits or banks?

Reports are prepared with clear documentation and traceable transaction data.

Related Industries

Tell us about your business

Send your line of business, rough annual turnover, and what is going wrong. We reply on WhatsApp.

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