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MANUFACTURING

Making the most out of what you make.

From just-in-time delivery, demands of online sales and the global nature of today’s manufacturing environment, it has never been more important to have a clear financial picture of your entire operation.

ELO CPAs & Advisors’ team of manufacturing industry leading experts gives you the ability to make informed decisions for every part of your operation. With practice leaders with more than 15 years of C-suite manufacturing experience and a team of audit and tax experts, ELO delivers the competitive advantages manufacturers need to create success.

 

We are experts in manufacturing, let us help you build and grow your business today. 

We work with a variety of manufacturing firms including:

  • Local & Regional manufacturers

  • National & International manufacturers

  • Start-up companies 

Our Services:
Performances & Profitability
  • Debt and financing advising

  • Start-up analysis

  • Turnarounds or restructuring

  • Job costing and overhead rate analysis

  • Cash flow analysis

  • Flow constraints analysis

  • Budgeting

  • Resource and throughput analysis

Strategy & Management
  • M&A consulting

  • Strategic planning

  • Estate planning

  • Succession planning and exit alternatives

  • Business valuations

  • Internal control reviews and fraud prevention

Tax Planning & Preparation
  • Tax preparation for owners

  • Business tax preparation

  • Tax strategy, planning and research

  • Entity structure analysis

  • Tax credits and incentives

  • Cost segregation analysis and related services

  • State sales, excise and use tax

Compliance & Assurance
  • Financial statement services – audits, reviews, compilations

  • Multi-state tax compliance

  • Employee benefit plan audits

  • Agreed upon procedures

Client Accounting Services & Other Outsources Services
  • Outsourced accounting and bookkeeping

  • Payroll

  • Accounting consulting and support for QuickBooks

  • Accounting software recommendations and support

Frequently Asked Questions

What method of accounting should be used with my manufacturing company?


In most manufacturing companies, the accrual method of accounting provides the best form of analysis to drive the company forward. However, with start-ups and small companies, the cash basis is an acceptable method until the business grows to stable business.




What deductions and credits are available for my manufacturing company?


There are several manufacturing-related benefits available like Research & Development tax credits, Domestic Producers Activity Deduction (DPAD), Empowerment Zone credits, Investment & New Job credits, Sales Tax savings, Work Opportunity Tax Credit (WOTC), Energy credits and more.





Contact Jay

for more information

As a Senior Partner, Jay Tolsma has seen it all over his more than 30 years in the profession. He understands the inner workings of a variety of manufacturers. Jay has experience with start-up and legacy manufacturers. Call on Jay today for support in driving your manufacturing business to new heights. ELO knows manufacturing and we have more front-line experience than any other CPA firm in the region. 

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Sioux Falls Office

Heather Ridge Village
6300 S Old Village Pl
Sioux Falls, SD 57108

Ph: 605-271-1302
Fax: 605-339-4991

Mitchell Office
1820 N Sanborn Blvd
PO Box 249
Mitchell, SD 57301

Ph: 605-996-7717

Fax: 605-996-4091

Yankton Office

118 W 3rd St
Yankton, SD 57078

Ph: 605-665-6007
Fax: 605-665-6008

Huron Office

2260 Kansas Ave SE, Ste 2
PO Box 951
Huron, SD 57350

Ph: 605-352-8573

Fax: 605-352-8594

Chamberlain Office

316 Sorensen Dr
Chamberlain, SD 57325

Ph: 605-234-6055
Fax: 605-234-5417

Miller Office

114 East 3rd St.
Miller, SD 57362

Ph: 605-853-2130

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