Bookkeeping for Manufacturing Businesses
Production cost tracking, raw material inventory, and payroll support for manufacturers across Canada and the United States.
Majoka Accounting Ltd. provides bookkeeping built around how manufacturers actually operate: raw material purchases that need to be tied to production runs, work-in-process inventory that shifts value as it moves through the shop floor, and payroll that often mixes hourly production staff with salaried office roles. We keep your books current so you always know your true cost per unit.
Introduction
Manufacturing bookkeeping has to track value as it moves, from raw materials, through work-in-process, to finished goods, not just record a single expense and a single sale. Majoka Accounting Ltd. works with small and mid-sized manufacturers to keep production costs, inventory, and payroll organized and reconciled month over month.
We support manufacturers across Canada and the United States, including businesses producing to stock, to order, or a mix of both, across a range of production volumes.
Why Bookkeeping Matters for Manufacturing Businesses
Without accurate cost tracking, it's easy to price a product based on outdated material costs and slowly lose margin as input prices rise. Bookkeeping that tracks true production cost catches this before it becomes a pattern.
Accurate books also matter for inventory valuation, equipment financing decisions, and giving your accountant reliable numbers instead of a reconstruction project at year end.
Common Financial Challenges
Our Bookkeeping Solutions
Production Cost & Inventory Tracking
We track raw material, labour, and overhead costs by production run, and maintain accurate work-in-process and finished goods inventory values.
Overhead Allocation
We allocate shared overhead costs across product lines or production runs so your cost-per-unit numbers reflect reality.
Payroll & Equipment Tracking
We manage mixed hourly and salaried payroll, and track equipment loans, leases, and depreciation for your accountant's use.
Services Tailored for Manufacturing Businesses
Production cost entry, inventory tracking, bank reconciliation, monthly reports
Rebuilding backlogged production and inventory records
Correcting miscoded material, labour, and overhead entries
Hourly and salaried payroll, remittances, year-end slips
Raw material and equipment vendor invoice tracking
Monthly profit and loss with cost-per-unit summaries
Benefits of Outsourcing Bookkeeping
Software We Support
Industries We Also Serve
Alongside manufacturers, we support Construction Companies, Trucking Companies, E-commerce Businesses, Consultants, Realtors, and Nonprofits.
Why Choose Majoka Accounting Ltd.
Majoka Accounting Ltd. is led by Managing Director M.A. Majoka, with Managing Partners Syed Mubashir Hassan and Ali Majoka. We support manufacturers across Canada and the United States remotely, using secure cloud systems and consistent monthly reporting. We are not a CPA firm and do not perform audits, our focus is accurate, current bookkeeping that supports your accountant and your production decisions.
Our Simple Process
Frequently Asked Questions
Know Your True Cost Per Unit
If material costs, inventory, and overhead are making your manufacturing books hard to trust, Majoka Accounting Ltd. can help. Book a free consultation and we'll show you exactly where your numbers stand.
Related Industries We Work With
Businesses like yours often ask us about these too. Each page covers the bookkeeping that sector actually needs.
Book a Free Consultation
Tell us how your business works and we'll show you exactly where your books stand, with a fixed monthly price and no obligation.