Industry

Accounting for manufacturing

In a manufacturing business, the money sits in raw materials, work in progress and equipment — and real profit only shows once the cost of each product is calculated correctly. We keep the records from your documents, without taking your time on accounting.

Manufacturing in Moldova deals with material consumption, worker payroll, equipment depreciation and, for some goods, excise duties — all under strict record-keeping rules set by the National Accounting Standards.

What we handle and how

The product cost is unclear

You do not know what a unit of product actually costs you, because materials, wages and indirect expenses are mixed into a single total.

We calculate the cost of production under the National Accounting Standards, separating direct material consumption, direct wages and indirect production expenses, so you see the cost per product.

Accounting

Work in progress and month-end stock

At month-end there are materials still in process and unfinished goods, and valuing them wrong distorts the result.

We record material consumption and value the work in progress and finished-goods stock based on the documents and data you send us.

Accounting

Equipment and depreciation

You invested in lines and machinery, but you are not sure how their wear shows up in costs and taxes.

We keep the fixed-asset register and calculate depreciation using the straight-line method, for both accounting and tax purposes, per asset.

Accounting

Excise on excisable goods

If you produce excisable goods, calculating and declaring excise duty comes on top of VAT and your other obligations.

We check whether your products fall under the excise regime, calculate the amounts due and prepare the returns, alongside the VAT records.

Accounting

Costs rising without explanation

Material and labour costs climb month after month and you cannot see where the margin leaks.

We analyse the cost structure from the accounting data and show you where the variances appear — optimisation advice, not setting prices.

Consulting

Worker payroll

You have workers on shifts, with bonuses and overtime, and calculating wages and contributions becomes a burden.

We prepare the payroll sheets, calculate wages, income tax and the CNAS and CNAM contributions, and draw up the employment contracts.

Payroll & HR

Frequently asked questions

How much does accounting cost for a manufacturing company?

It depends on the number of products, the volume of raw materials, the number of workers and whether excise applies. We give you a quote after a free consultation, with no hidden costs.

How do I switch from my current accountant to you?

We take over the records as they are, check the balances for stock, fixed assets and work in progress, and handle the reporting from there. You lose no production day.

Do you calculate the cost of each product?

Yes. Based on material consumption, direct wages and indirect production expenses we calculate the cost under the National Accounting Standards. Setting the selling prices stays your decision.

How is equipment reflected in the accounts?

We record it as fixed assets and calculate depreciation monthly using the straight-line method, starting the month after it is put into use, for both accounting and tax purposes.

Are my products subject to excise?

Only certain categories of goods are excisable — for example alcohol, tobacco products or some petroleum products. We check your situation and, if it applies, calculate and declare the excise.

Do you work only from the documents I send?

Yes. From invoices, consumption documents, production records and timesheets we keep all the records and prepare the reports and returns to the State Tax Service.

Hand your books to people who know your industry

Start with a free consultation and a dedicated account manager.