★★★★★
My company's accounting is managed by Team2B and they helped me understand my company needs better.
Narek Harutyunyan
Our accounting services for manufacturing companies include:
Tax Accounting
We document and record all transactions in compliance with tax legislation, taking into account the tax specifics of production losses, defects, material consumption, and other manufacturing-related cases.
Financial Accounting
We maintain accounting in accordance with IFRS standards, properly reflecting production stages, work in progress, direct and indirect costs, as well as overhead allocation.
Management Accounting
We prepare reports on product costing, material consumption, production analysis, and inventory control to help identify where value is created and where deviations occur.
What we do
In manufacturing, accounting cannot be accurate if the accountant does not understand production stages, the differences between production units, and the logic behind cost allocation. The main areas of our work include:
cost calculation
calculation of product cost at different production stages
accounting for work in progress
allocation of overhead expenses
proper documentation of defects and production losses
Why It’s Important to Build Accounting Properly
If product cost is not calculated correctly, a business cannot build the right pricing strategy, understand its actual profitability, or identify production inefficiencies in time. It is especially important to understand which expenses should be included in cost calculation, which should not, and what remains as work in progress at the end of the year.
The goal of our approach is to make manufacturing accounting clear, defensible, and practical to use.
Which Companies We Work With
What the Business Receives
as a ResultAs a result of our work, manufacturers receive a clear understanding of product cost, a more confident pricing strategy, better control over expenses, and greater visibility into production efficiency. In addition, they gain a clear picture of inventory balances.
Why We Are Trusted
We are trusted because we understand not only accounting, but also the logic of manufacturing processes. This allows us to properly distinguish direct and indirect costs, accurately account for losses, and provide businesses with figures they can truly rely on.
2000+
Businesses that have already used our services
60+
Accountant
1200+
Current Clients
15+
Years of Consulting Experience
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