Accounting Services
Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.


Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

Case Studies

Learn more about our work with clients in a variety of different industries.

Meet the Team

Learn more about the Plumb leadership team.

The Plumb Promise


Want to join us? Check out our current open positions and apply today.

What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

What To Consider When Choosing A Manufacturing CPA

Posted on March 15, 2024 at 2:54 PM
Written by Plumb

Choosing the right manufacturing Certified Public Accountant can make or break the financial health of a manufacturing business. Critical factors to bear in mind include expertise, experience, and an understanding of industry-specific needs. A manufacturing CPA is much more than a financial advisor; they are the pillar that supports the entire business structure.

It requires a bespoke partner like Plumb, who provides excellent Manufacturing Accounting Services tailored to the nuts and bolts of your manufacturing business. Plumb’s team of seasoned professionals, qualified as the finest manufacturing CPAs, use their cutting-edge expertise to meet the specific needs of each business. Here at Plumb, we understand the unique characteristics and specific accounting needs of the manufacturing industry better than anyone else.

Evaluating the Specific Financial Needs of Your Manufacturing Business

Your business has unique financial needs, just like every other business out there. A manufacturing CPA isn't just a one-size-fits-all title. They should offer skills that perfectly match your business needs. A deep understanding of costing methods like job order costing or process costing can be significantly beneficial. Perhaps your business needs expertise in inventory management accounting. Or maybe your business requires a professional who excels in cost-volume-profit analysis for pricing strategies.

Take the time to figure out what your specific business needs are. Jot down a list of the issues you've been facing. This list can include certain financial reports you can't seem to get right or maybe the persistent challenge of staying within budget. Once you identify your issues, you're a step closer to finding the perfect manufacturing CPA who can confront these challenges and guide your business toward more sound financial health.

Understanding the Importance of Industry Experience in a Manufacturing CPA

A CPA may come highly recommended, but if they lack industry-specific experience, they might not be of much help. It's important to select a manufacturing CPA who has dealt with businesses like yours. Their knowledge can save your business from potential mistakes, which can cost you time and money.

Industry experience enables CPAs to offer tried-and-tested strategies for success. They can provide industry-standard cost calculations, efficient inventory management strategies, and accurate economic outlooks. Their expert insight can offer effective ways to grow your profits and manage your costs more efficiently. So, while choosing a manufacturing CPA, remember to consider their industry experience seriously. It could mean the difference between success and failure in this unforgiving arena of business.

Assessing the CPA's Knowledge of Manufacturing Costs and Pricing Strategies

Manufacturing costs form the backbone of your financial framework. From raw material costs to labor, every expense feeds into your final product's cost. Similarly, sound pricing strategies determine your profit margin. It follows that your chosen CPA must have a solid grasp of these areas.

Look for a CPA who understands how to aptly analyze direct and indirect costs involved in your manufacturing process. They should possess the know-how to develop and interpret cost reports, which are instrumental for evaluating product profitability and making pricing decisions. A knowledgeable CPA can guide you in reducing unnecessary expenses and enhancing profitability without compromising on quality. So, it’s worth the effort to assess a potential CPA's knowledge in these areas before making a hiring decision.

Checking for a Strong Background in Inventory Management and Cost Accounting

The manufacturing industry often deals with large amounts of inventory. Mismanaging can lead to profit loss and cash flow issues. A competent manufacturing CPA should have a strong background in inventory management and cost accounting to ensure this aspect of your business is well taken care of.

A sound CPA should know how to optimize ordering quantities, thus preventing overstocking or stock shortages. They should be able to use cost accounting methods to help your business track inventory costs. This helps in predicting the future costs of inventory and estimating profits more accurately. So, don’t shy away from checking a potential CPA's background in inventory management and cost accounting. It can contribute immensely to your business's financial well-being.

Ensuring Familiarity with Manufacturing Compliance and Regulatory Requirements

Compliance with regulations is non-negotiable for any business. Especially for small to midsize manufacturing businesses, a solid understanding of sector-specific regulations adds value to a CPA’s role. To spot the right CPA for your business, ensure they know the ins and outs of laws applicable to your industry.

This CPA should be well-versed in tax laws that affect your business. They should know the legal requirements for financial reporting in the manufacturing sector. A chosen CPA who knows and understands these rules not only keeps your business safe from legal problems but also helps identify potential tax savings. So, prioritize a manufacturing CPA with a thorough familiarity with manufacturing compliance and regulatory requirements.

Seeking a CPA with Proven Expertise in Tax Planning for Manufacturing Entities

Tax planning forms an integral part of a financial strategy for any manufacturing entity. The tax landscape for manufacturing businesses is challenging, often necessitating a CPA with specialized experience. Identifying a CPA with proven expertise in tax planning is thus key. These professionals can guide businesses through elevating tax complexities, ensuring adequate preparation and better fiscal performance.

A CPA with manufacturing-specific tax knowledge can deftly navigate the numerous tax credits, deductions, and incentives available to the industry. This knowledge can directly translate into substantial tax savings for your business. A proactive CPA would keep current with tax laws, seek out new planning strategies, and optimally position your manufacturing business in the tax landscape. Therefore, the importance of seeking a CPA with proven expertise in tax planning for manufacturing entities must be addressed.

Considering the CPA's Ability to Provide Strategic Financial Advice for Growth

Manufacturing businesses operate in increasingly complex and competitive environments. Hence, choosing a CPA who can provide strategic financial advice for growth becomes indispensable. A reliable CPA aligns your business strategy with your financial goals, demonstrating ways to streamline operations, enhance profits, and stimulate growth.

They employ financial analysis, budgeting, and forecasting tools to help you visualize the future of your business and prepare for it. By advising on capital structure, investment opportunities, and risk management, they serve as trusted allies in your growth journey. Value-creating decisions under the guidance of an experienced CPA can significantly contribute to your high-growth aspirations.

Looking for Experience in International Trade and Export If Applicable

For manufacturing businesses with international trade interests, hiring a CPA with adequate international trade and export experience should be a priority. International commerce law, cross-border transactions, trade tariffs, and the always-changing export regulations require expert navigation by an experienced CPA.

An adept CPA specialized in international trade can help your business make the most of global market opportunities while managing the associated financial risks. They can also demystify complex import and export tax laws, ensuring that your business is compliant and tax-efficient. Whether it's prudent financial strategies in foreign markets or minimizing the tax burden on your international earnings, such a CPA can be of immeasurable help.

Navigating Financial Waters with Plumb’s Manufacturing Accounting Services

Management of costings, powerful analysis of margins, and accurate reporting are just the tip of the iceberg when it comes to the services Plumb provides. Our Manufacturing Accounting Services are designed to keep the financial health of your business robust. With Plumb acting as your manufacturing CPA, you can expect a reliable partnership with your best interests at heart. Come, partner with Plumb, and experience unsurpassed financial expertise.

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