Requisite course for winery managers

Eliminate confusion with a clean and efficient chart. A functional and effective Chart of Accounts keeps track of all your transactions. It allows you to find information when you need it and organize the information displayed in the reports to be accurate, helpful, and easy to understand.

If your inventory isn't set up correctly, your profit & loss reports will only show the top-line revenue, and you'll miss out on QuickBooks' more powerful features. When set up correctly, your inventory allows you to effortlessly and instantly access important financial information such as the cost of goods sold. You'll also be able to use the Inventory Report, which gives you vital information about how much of each wine is on hand.

To increase profit, wineries need to work with their limited supply and optimize existing sales channels. We will show you how to leverage QuickBooks so you can easily see the gross profit for each sales channel and make strategic decisions that will impact your winery’s bottom line.

Understanding which point of sales is performing the best is incredibly useful to running a profitable business. If your QuickBooks only shows you the total cash for each channel, you won’t know how much of that total was the sale, merchandise, tasting fees, shipping fees, or sales tax. You won’t even know which wines were sold, which will keep you from knowing your inventory’s performance. This module introduces you to the two most effective methods to bring this information in QuickBooks.

Giving out samples of wine is what we do everyday in the wine industry. These samples and tastings need to be taken into account in your inventory to track depletions and shrinkage properly. When you create these procedures, your inventory reports will become accurate.

Begin to build your SOP (Standard Operating Procedure) Book with these 10 procedures that describe step-by-step the daily bookkeeping tasks that are unique to the wine industry.