Manufacturing

You Know How to Make the Product. But Do You Know Your True Margins?

Between raw materials, overhead, production costs, and shifting supplier prices — understanding your real margins is complex. We help you track COGS accurately, analyse profitability by product line, and price with confidence — so you can scale without guessing.

Product Margin Analysis
Live
Product A
42%
Product B
31%
Product C
18%
Product D
7%
Gross Margin
+12.4% YoY
📊
WIP Released
$184K cash freed
Trusted by thousands of clients
★★★★★ 5 Stars 107 Google Reviews
Sound Familiar?

You Know the Product Inside Out. But Do You Know Your Real Costs?

Most manufacturers run on gut feel when it comes to costing and margins. Here's where it usually breaks down.

1

COGS Is a Black Box

You know roughly what raw materials cost, but true COGS — including labour, overhead allocation, wastage, and yield loss — is a guess. You're pricing products without knowing what they actually cost to make.

2

Margin Erosion You Can't See

Supplier prices have crept up, energy costs are through the roof, and your sale prices haven't moved. Your margins are being squeezed from every direction — but you can't quantify which product lines are bleeding.

3

WIP and Inventory Tie Up All Your Cash

Work in progress and finished goods inventory are sitting on the floor tying up hundreds of thousands of dollars. Cash is locked up in stock instead of in your bank account.

4

No Visibility by Product Line

You sell 50 products but you have no idea which 10 make all the money and which 10 are barely breaking even. Without per-product profitability, every pricing and production decision is a gamble.

How We Help

Specialist Accounting Built for Manufacturers

Nine services designed for the realities of running a production business — from BOM costing to BAS, R&D incentives to cash flow forecasting.

📈

COGS & Job Costing

We track your true cost of goods sold — raw materials, direct labour, overhead allocation, and wastage — by product line and by production run. No more guesswork on what it actually costs to make each product.

📊

Per-Product Profitability Analysis

Know which product lines are your margin winners and which are dragging your average down. We break down profitability at the product level so you can make informed pricing and production decisions.

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Inventory & WIP Management

We help you track inventory levels, value work in progress accurately, and optimise stock holding — so your cash isn't locked up in raw materials and finished goods collecting dust.

💰

Cash Flow Forecasting

Large material purchases, production cycles, and lumpy customer payments make cash flow unpredictable. We build rolling forecasts so you can plan purchases and production without running dry.

🏢

Tax Strategy & Structure

Forward-looking tax planning, R&D Tax Incentive guidance, and business structure review to protect personal assets and optimise your tax position as you scale production.

💻

Daily Xero Management & BAS

Your books are updated daily. Supplier payments managed. BAS lodged on time. Payroll handled. You run the production floor — we run the numbers.

🔧

BOM & Bill of Materials Setup

Accurate bills of materials are the foundation of accurate costing. We help you structure your BOMs in Xero or your inventory system so every component, sub-assembly, and labour input is captured.

🎯

Pricing & Margin Strategy

We build dynamic costing models that flex with input prices, so you can re-price proactively when supplier costs rise — and protect your margins before they disappear.

🕒

Payroll & Award Compliance

Shift loadings, overtime, manufacturing awards and Single Touch Payroll handled end-to-end. Your factory floor team gets paid accurately and on time, every cycle.

What Our Clients Say

What Our Clients Say

★★★★★

"We have been working with Ray and the fantastic team at BPAG for several years. It has truly been the best decision for our company. Their invaluable support has saved us a great deal of money and time."

S
Susan McKendry
Google Review
★★★★★

"It's been wonderful working with the BPAG team! They are true experts and have provided incredibly valuable business advisory and tax services, helping my business grow."

M
Mitchell King
Google Review
★★★★★

"What an incredible team. I started using BPAG 3 years ago and they have been advising my business and myself in an extraordinary way. They are caring and listen to your needs."

C
Christian Luis B.
Google Review
The Difference

The Traditional Accountant vs. The BPAG Way

Most accountants treat your factory like any other business. We don't.

✗  The Way You're Doing It Now
✓  The BPAG Way
COGS treated as one lump number with no breakdown
True COGS tracked by product line — materials, labour, overhead, and wastage
No visibility into which products are profitable
Per-product profitability analysis so you know what's earning and what's bleeding
Inventory valued once a year at stocktake
Ongoing inventory and WIP tracking to free up cash locked in stock
No consideration of R&D Tax Incentives
Proactive R&D Tax Incentive guidance to reduce your tax bill on eligible activities
Treats your factory the same as a café or law firm
Deep manufacturing expertise — BOM costing, production analysis, and inventory optimisation
Ready to Take Control?

Ready to Take Financial Stress Off Your Plate?

Let's have a conversation about where your business is heading and how we can help you get there.

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Frequently Asked Questions

Yes. We set up your Xero to track raw material costs, direct labour, overhead allocation, and wastage per product line and per production run. You'll see your true cost to manufacture each product — not an averaged estimate across your entire range.
Absolutely. We help you value WIP accurately, optimise stock holding levels, and identify slow-moving inventory that's tying up cash unnecessarily. The goal is to free up working capital so your cash is in the bank — not sitting on the warehouse floor.
We can guide you on eligibility and ensure your financials are structured to support an R&D Tax Incentive claim. For the technical application itself, we work with specialist R&D consultants and coordinate the process for you — so nothing falls between the cracks.
We build dynamic costing models that update as your input costs change. When a supplier raises prices, you'll see the impact on your margins immediately — so you can adjust your pricing or sourcing before the margin erosion hits your bottom line.
Yes. Extended payment terms from major retailers are one of the biggest cash flow challenges in manufacturing. We forecast the gaps, plan for them, and help you explore options like invoice financing or payment term renegotiation — so you can fulfil large orders without running out of cash.