Accounting Saraburi
Accounting for businesses with heavy machinery and heavy goods
Accounting for businesses with heavy machinery and heavy goods
Saraburi is a hub for construction materials and a transit point for transport to the North and Northeast. The businesses we handle usually have heavy machinery, trucks, and storage yards as their main assets. Their goods are measured by weight or volume, not by piece. Both factors mean accounting here differs from retail: the fixed asset register must match physical reality and usage, and inventory valuation is harder than counting units. We begin our accounting work for Saraburi businesses with these two areas before moving to the monthly routine.
What we handle
Frequently repaired vehicles and machinery
Maintenance costs for machinery and trucks come in two types with different accounting treatment: repairs to keep the asset in normal working condition, and improvements that enhance the asset or extend its useful life. The first is an expense of the period; the second must be added to the asset's value and depreciated over time. Most businesses record everything as repairs because it is simpler, but this is often adjusted during an audit. We therefore separate the two from the start when recording receipts.
Goods measured by weight or volume
Stone, sand, cement, and other construction materials are measured by weight or volume, which naturally vary due to moisture, compaction, and handling. Stock figures in the accounts can never exactly match physical quantities like counted items can. What can be done is to set weighing points and regular stock count cycles, then explain variances using the same criteria each period. This is better than letting differences accumulate until they are unexplainable.
Talk to us about your accounts
Tell us what the business does and what state the books are in. We will say what to start with and what needs fixing for prior periods.
FAQ — Accounting Saraburi
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