Manufacturing and Distribution Accounting
Cost Accounting and CPA Support for Producers and Distributors
Margins depend on accurate costs, tight inventory control, and on time reporting. Modern Math Accounting supports manufacturers and distributors in Lufkin and across Texas with cost accounting, inventory systems, and reliable month end closes that leaders can trust. We help owners see true product margins, price with confidence, and prepare clean packages for lenders and partners.
What Makes M&D Accounting Hard?
Production and logistics create accounting complexity that simple bookkeeping cannot solve. If costing is off by a few percentage points, pricing and cash planning suffer. Common pressure points include:
Cost of goods built from materials, labor, and overhead
Work in process tracking and variance analysis
Multi warehouse inventory, transfers, and cycle counts
Landed cost, freight, and duty allocation that actually flows into COGS
Customer deductions, chargebacks, and EDI timing gaps
Sales tax nexus and multi state considerations for distribution
Bookkeeping & CPA Services for M&D
Cost Accounting: Bill of materials, routing, overhead allocation, and variance analysis
Inventory Control: FIFO or moving average, cycle counts, and adjustments with documentation
Landed Cost: Freight and duty allocation that flows into COGS correctly
Order-to-Cash Reconciliation: EDI, AR aging, and chargeback tracking
Management Reporting: Product and customer margins, forecast vs actuals
Tax Preparation and Planning: Federal and Texas filings, fixed asset schedules, and credits where applicable
Why a CPA Matters in M&D?
Cost errors distort pricing and decisions. A CPA led approach gives you dependable numbers that stand up to lender and buyer scrutiny. At Modern Math Accounting, Tricia Thomason, CPA, builds systems leaders can rely on.
We will:
Map your BOM and routing to the general ledger so costs post correctly
Establish a monthly close with reconciled inventory and clear workpapers
Provide margin reports managers actually use to adjust pricing and mix
Guide tax planning tied to capital, inventory levels, and growth plans
What You Get Each Month?
Reconciled inventory and WIP with a short variance summary
Product and customer margin reports with notes on drivers
AR aging with a deductions log and recovery status
AP summary with cash needs for the next 2 to 4 weeks
Fixed asset roll forward and open project list
Close checklist with sign offs, so reviews are simple
Step-By-Step Support
Step 1: Start the Conversation
We study your BOMs, warehouses, and system data to understand true flow.
Step 2: We Prepare Your Taxes
We set up costing, landed cost rules, and inventory controls that stick.
Step 3: Feel Confident and Supported
Each month, we reconcile, report, and refine based on real data.
Financial Wins for Manufacturers and Distributors
Accurate COGS and inventory valuation
Clear margin reporting by product and customer
Faster audits and better lender readiness
CPA level tax planning that fits capital needs
Predictable closes and fewer surprises
Frequently Asked Questions
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We standardize item setup, units of measure, and valuation method, then reconcile subledger to GL monthly. Transfers, conversions, and adjustments are documented with audit trails so counts and GL balances match.
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We maintain a deductions log, post entries to the correct revenue or expense accounts, and reconcile to AR. Each item includes cause codes and recovery status to prevent margin leakage.
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We maintain a deductions log, post entries to the correct revenue or expense accounts, and reconcile to AR with cause codes and recovery status to stop margin leakage.
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A reconciled inventory and WIP pack, AR aging with deductions log, AP summary and cash needs, margin reports by product and customer, fixed asset roll forward, and a signed close checklist.
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Yes. We analyze recent runs, labor capture, overhead pools, and price trends, then update standards and document assumptions so future variances are meaningful.
