Manufacturing is a tough business where high labor costs and complex supply chain issues put pressure on manufacturers to drive operational efficiencies. The manufacturing industry of Canada is on the upswing but as the growth factor comes in, we have to confront many aspects of the market competition.
Today’s manufacturing landscape of Canada is full of fluctuating supply costs, shortage of skilled labor and the growth of competition from emerging markets. Understanding of various accounting, tax and regulatory issues for manufacturing businesses has now become even more vital.
Accounting services for manufacturing businesses are unique in the sense that it is based upon the cost of goods sold along with inventory valuation.
We offer a complete set of accounting services for manufacturing businesses. What our clients acknowledge the most about us is the back-end support for all of your accounting and tax issues related to the manufacturing industry. From bookkeeping; to accounting; to financial statements and the annual taxes; we are expert in delivering services which are mentioned below:
Accounting & Tax Advisory Services
At GTA Accounting, we have been engaged with many manufacturing businesses in preparing their financial statements, filing corporate taxes and GST/HST returns. We don’t only take care of their financial data that will be used in filing corporate income tax returns and GST/HST returns but we are also familiar with manufacturing processes and obligations for manufacturing businesses. If you are doing manufacturing business and losing control of your accounting function, GTA Accounting is there to help you in taking the control back.
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