3 min read
Receivables May Offer Relief When Cash Is Tight
Many companies are experiencing a buildup of accounts receivable on their balance sheets as customers—especially large...
About Manufacturing Accounting Services
Today’s manufacturer faces many unique and difficult challenges: how to finance inventory and receivables, control inventory cost and quantities, schedule production, determine and control production costs, allocate overhead, develop pricing strategies and more.
The industry is extremely capital-intensive and requires the owners to have good working relationships with financing sources, to be innovative and receptive to new manufacturing techniques and to have a thorough grasp of cost accounting principles. Changes in tax laws have also had a significant impact on manufacturers.
