Manufacturing accounting services give factories accurate product costing and clean compliance. Patron Accounting has supported over 10,000 businesses across India and works on Tally, Zoho Books, and ERP systems.

We track raw materials, work-in-progress, and finished goods, prepare cost sheets and COGM, handle GST including reverse charge, and keep your cost records audit-ready, so you know the true cost and margin of every product.

Content is reviewed quarterly for accuracy.

Any business that makes or processes goods needs manufacturing accounting to know its true product cost and stay compliant.

• Discrete manufacturers and assembly units tracking parts and labour.
• Process manufacturers in chemicals, food, textiles, and similar.
• MSME factories needing accurate costing without an in-house team.
• Companies that may fall under cost record and cost audit rules.

• Bill of materials and product list.
• Purchase, production, and sales records.
• Opening stock of raw materials, WIP, and finished goods.
• Overhead details - power, rent, indirect labour.
• GST registration and accounting software access.

Ask us for a free manufacturing costing checklist before kickoff.

What you receive each month: inventory valuation across raw materials, WIP, and finished goods; product-wise cost sheets and a COGM statement; gross margin by product with variance highlights; and a GST and TDS summary, including reverse-charge entries.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for drafting, filing, and representation are separate from the statutory fees. The exact fee depends on the complexity of the case, disputed amount, and number of hearings required. Contact us for a detailed quote.

Get a free Manufacturing Accounting consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

10,000+ Businesses | 4.9 Google Rating | 50,000+ Documents Processed | 15+ Years

"Patron Accounting gives the best service related to all account handling of our firm. She files all returns timely and is most kind and respectful towards us." - Nikhil Nimbhorkar, Google Review

"I've had an outstanding experience working with Patron Accounting. Their professionalism, attention to detail, and timely communication made the entire process smooth and stress-free." - Subhendu Mishra, Google Review

Outcome proof: a mid-size manufacturer discovered that overhead was being under-absorbed, masking the true cost of its best-selling product; corrected cost sheets reset its pricing and protected margin.

With offices in Pune, Mumbai, Delhi, and Gurugram, Patron Accounting serves businesses across India - both in-person and remotely.

Manufacturing accounting works alongside our wider compliance stack. Explore these closely related services:

• Accounting Services - full-service bookkeeping and financial reporting.
• Trading Accounting - inventory accounting for buy-and-sell businesses.
• Stock Audit - independent verification of raw material, WIP, and finished goods stock.
• Tax Audit - audit under the Income-tax Act above prescribed turnover limits.
• GST Returns Filing - returns and reverse-charge reporting for manufacturers.

Under Section 148 of the Companies Act 2013, the Central Government can require specified manufacturers to maintain cost records in Form CRA-1 under the Companies (Cost Records and Audit) Rules 2014. Where turnover crosses the prescribed limits, a cost audit by a practising cost accountant is required, in addition to the statutory audit under Section 143.

Broadly, regulated sectors maintain cost records above Rs 50 crore turnover and non-regulated sectors above Rs 100 crore, with the cost audit report filed in Form CRA-4. Separately, inventory is valued under AS 2 at the lower of cost or net realisable value, and GST reverse charge applies to freight, imports, and other notified supplies. We assess exactly what applies to you and keep the records audit-ready.

For official guidance on cost records and audit under Section 148, refer to the Ministry of Corporate Affairs (mca.gov.in).

Without proper manufacturing accounting, overheads go unallocated, WIP is mis-valued, and you price products without knowing their true cost, quietly eroding margin. Missed reverse-charge GST and unmaintained cost records invite notices and penalties. Getting the cost flow and compliance right means you price with confidence and stay clean with the authorities.

Get a free, no-obligation quote. Call +91 945 945 6700 or WhatsApp our team today.

In manufacturing, profit lives in the detail of cost. Patron Accounting tracks your inventory across raw materials, WIP, and finished goods, builds accurate cost sheets and COGM, handles GST and reverse charge, and keeps cost records audit-ready.

The result is true product margins, clean compliance, and better pricing decisions. Call +91 945 945 6700, WhatsApp us, or request a free consultation.