Manufacturing and Distribution

Manufacturing and Distribution Accounting

Boasting an outstanding east coast location, North Carolina has long been known as a manufacturing and distribution epicenter spurring regional economic growth. The state boasts two deep seaports, a healthy infrastructure, education and training partnerships, trucking and transportation hubs, and a business-friendly manufacturing environment.

Manufacturers face significant marketplace challenges, including increasing global competition, demands and opportunities for process improvement, and changes in industry standards and regulations. Despite challenges, American manufacturers are competing and winning in a globally competitive economy.

Our dedicated team of manufacturing and distribution accounting professionals brings industry experience, expertise, and an intimate understanding of the financial, tax, and management challenges these industries are facing. This team provides innovative and proven tax and accounting strategies to help manufacturing clients get ahead and stay ahead of their competition. In addition, we have established strong working relationships with bankers, insurers, attorneys, and other professionals, affording our clients a depth and breadth of unparalleled resources.

Our experienced manufacturing accountants and consultants can help you find the pain points that are holding back your production, distribution, and logistics from running at peak efficiency. We offer a full suite of consultancy services designed to support efficient operations and positive growth for manufacturers and distributors who need accounting and tax advice to reach the next level.

• Tax Planning, Preparation, and Compliance – taxes and government regulation provide challenges and opportunities. Staying compliant is essential, while taking advantage of opportunities such as state and federal R&D tax credits and export incentives will give your company a competitive advantage.
• International Tax Consulting, global competition, and supply chains – From raw material and supply sourcing to competing imports and export opportunities, successful manufacturers must analyze available data to make informed decisions.
• Inventory Costing
• Section 263A Adoption and Compliance
• Domestic Activities Production Deduction
• Mergers & Acquisitions – whether you are in the market to acquire or are looking to sell your business, being prepared will help you maximize value throughout the transaction process.
• Cybersecurity – is the leading emerging threat to business. You need a strategic plan to protect your systems, intellectual property, and customer data.
• Internal controls and fraud prevention – no organization is immune to fraud, but well-designed and monitored controls can mitigate your risk and protect your business.
• Expansion and incentives – states and local municipalities are actively competing for jobs and economic benefits created by businesses. Incentives such as tax abatements and training grants can provide significant value.

DMJPS Has Office Locations Throughout North Carolina

With office locations throughout North Carolina, it’s easy and convenient to connect with our tax and accounting professionals. Appointments can be scheduled virtually or in person at our locations in Greensboro, Asheville, Boone, Durham, Marion, Sanford, and Wilmington. Contact us today to set up a meeting time that works best for you.

Accounting for Manufacturing and Distribution Businesses

For more than 75 years, we’ve championed best practices in accounting for manufacturing and distribution businesses in North Carolina and across the country. Through our collaborative approach, DMJPS helps clients meet their financial goals to secure a brighter future. Fill out our contact form and see if our services are the right fit for your company.

Accounting for this industry has never been more important or complex than it is in the current global economy. Get the help you need for more efficient operations, improved compliance, and advice that helps you recognize and take advantage of opportunities that support your long-term goals.

Our CPAs and consultants have years of experience in accounting for manufacturing and distribution businesses and offer detailed analysis and actionable information. By working with DMJPS, you’ll get accurate insight into your entire operation and have the peace of mind to make the right decisions.