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Industry-Specific Accounting

Because Every Business Has a Different Accounting System

Our Senior Accountants deeply understand the revenue structures, costs, taxes, and Key Performance Indicators (KPIs) of each industry.

Why is a "One-Size-Fits-All" Formula Dangerous?

A hotel business is not like a factory. A factory is not like a Software House. Using the exact same accounting approach for everything can lead executives to view incorrect data.

Different Costs

A restaurant's COGS is raw materials, but a service business's COGS is people. Wrong categorization skews profit margins.

Different Taxes

Logistics are exempt from VAT, while Software businesses have different withholding tax rates. Tax planning must adapt.

Different KPIs

Hotels look at RevPAR; factories look at Cost per Unit. Tracking the wrong metrics leads to poor decisions.

Different Cash Flows

Contractors get paid in installments; clinics get daily cash. Managing liquidity is fundamentally different.

Why Do Metrics Matter?

Good accounting must reflect the true state of your business. Here are the metrics our CFO team monitors for each industry.
Business GroupKey Metrics to Analyze (KPIs)
Hotels & AccommodationRevPAR, Occupancy Rate, OTA Commissions
RestaurantsFood Cost %, Labor Cost, Table Turnover
ManufacturingCost per Unit, Overhead Allocation, Inventory Days
ConstructionProfit per Project, Cash Flow (Retention), % of Completion
Car RentalsFleet ROI, Depreciation Rate, Maintenance per Km
LogisticsCost per Trip, Fuel Efficiency, Deadhead Ratio
Software HousesMRR/ARR, Customer Acquisition Cost (CAC), Burn Rate
ClinicsRevenue per Visit, Drug Inventory Turnover, Doctor Fee Split

Covering Businesses in the North & Nationwide

We offer On-site services for local clients, and Online services for clients across the country.
Chiang Mai (HQ)
Mueang, Nimman, San Sai, Hang Dong
Lamphun
Industrial Estates, Manufacturing
Lampang
Construction, Wholesale, Tourism

Select Your Industry

Click on your industry to view specific solutions and success stories.

Frequently Asked Questions (FAQ)

Which businesses should use CFO Advisory?
Businesses that are starting to have complex structures, such as multiple branches, those planning to get bank loans for expansion, or businesses with revenue exceeding 30 million THB. A CFO will help direct growth and prevent sunk capital.
Which businesses need an Internal Audit?
Businesses with high product turnover (like factories, clinics) or high-value procurement (like construction contractors) to prevent leaks and employee fraud.
Do different types of businesses pay different taxes?
Yes, significantly. For example, service businesses face a 3% withholding tax, transport 1%, and export businesses have Zero VAT. Good tax planning must be strictly based on the industry.
For a newly opened small company, what services are needed?
We recommend starting with basic Bookkeeping combined with Cloud Accounting so that your back-office system is organized from day one.

Not sure which group your business falls into?

Chat with our experts for free. No matter how niche your business is, we are ready to design an accounting system tailored specifically for you.