Using QuickBooks in the Wine Industry
Event Type: Trade Show,Seminars and Classes
Description: As a part of the Wineries and Breweries Unlimited Trade Show, Sonoma State is offering seminars that we normally hold on campus, on site in Richmond, Virginia on Friday, March 14.
The cover of the box says you will be up and running in no time. And yes, many people simply print checks then hand the file off to the CPA at tax time. The smart business owner, however, should learn how to use the many powerful tools in QuickBooks® to help manage the day-to-day decisions of running the business. And in the complex world of wineries where you won’t see a profit from this year’s harvest for another two years or more, it is essential to monitor the business to ensure it is on track. We will explain some special accounts needed for wineries and give you a chart of accounts you can implement the next day. We will also demonstrate the most common processes built into QuickBooks® that will save you time plus other tasks such as setting up budgets, running reports (including the most critical ones), using the credit card feature, and more. QuickBooks® has a wonderful feature that dumps reports into Excel, so we will also show you some Excel tips. For those wineries with tasting rooms, we will show how to manually integrate your point of sale information with QuickBooks®. And finally, we will discuss the best practices to deter fraud and embezzlement. You will leave with checklists, templates, and diagrams of procedures to start unleashing the full power of QuickBooks®.