Northwest Wine Accounting的动态

Running a winery comes with its own unique set of financial challenges, but Protea Financial is here to simplify the process with our specialized winery management services. From inventory tracking to financial reporting and compliance, we provide tailored solutions that meet the specific needs of your winery. Our expert team ensures that your financials are in order, helping you optimize costs, improve profitability, and focus on what you do best—producing great wine. Let Protea Financial be your trusted partner in managing the financial side of your winery, so you can continue crafting exceptional vintages. https://lnkd.in/g8KmKeXG ?utm_source=organic&utm_medium=social&utm_campaign=zen9&utm_content=winery%20accounting

At Protea Financial, we understand the unique challenges of winery ownership. From fluctuating market demands to complex regulatory requirements, we've got your back. Let us alleviate the financial burden, so you can focus on cultivating exceptional wines and growing your business. Partner with us for tailored solutions and peace of mind. #ProteaFinancial #WineryOwnership https://lnkd.in/g8KmKeXG ?utm_source=organic&utm_medium=social&utm_campaign=zen9&utm_content=winery%20ownership

As harvest season wraps up, it's time for wineries to take a close look at the accompanying finances. From tracking production costs and labor to managing inventory and sales, post-harvest is a critical time to assess your winery’s financial health. Properly accounting for expenses and revenue ensures you can plan for the next season while optimizing profitability. Let us assist you in wrapping up the season’s finances so you can focus on crafting exceptional wines. https://lnkd.in/ec_6kVpY

?? Exciting news: our latest blog post highlights the top 30 winery accounting terms winery professionals need to know ?? ?? From "COGS" to "Gross Margin", we've broken down each term in simple, non-finance language. And we include relevant and relatable wine industry examples! ?? If you’re looking to navigate the financial side of winemaking with confidence, check it out here: https://lnkd.in/eBnxrqqb #wineryfinance #accountingterms #winebusiness #innovint #wineryaccounting #accounting101

If you missed the webinar on the 4 Biggest Financial Mistakes wineries make, you can read the recap with video clips that Ashley Leonard put together of her conversation with Geni Whitehouse and me.

#InTheNews Considering a Business Improvement District (BID)? The confidential analysis of sales tax data is “how the value of an industry is determined.” And confidential means CONFIDENTIAL! “We never see any of the details of the individual wineries in this process, and it’s important that is communicated and understood.” Better market your region by understanding the economic make-up of its industries. Get started today! ?? [email protected] #SalesTax #RevenueManagement #LocalGovernment

We’ve been really enjoying the webinar series from Innovint on YouTube: Financial Health: Strategies for Sustainable Winery Growth. ???? The series kicks off with a focus on financial health, followed by videos covering operational and cultural health. If you haven’t had a chance to watch yet, we recommend it when you have some time. But we know how busy things get as a winery owner, so we’ve jotted down the key takeaways to save you time. ?? In this recap, we’re covering: ? The industry landscape ?? ? Profitability in your winery ?? ? Various stages of growth ?? ? Key financial metrics to track ?? ? Trends impacting wine sales ?? ?? You can read the recap here: https://lnkd.in/gbSRiwVN ?? Watch the webinar here: https://lnkd.in/gHAS6duW #InnovintWebinar #WineryGrowth #NorthwestWineAccounting

Many accountants struggle with the frustration of knowing their clients are in financial trouble but feeling powerless to offer real solutions. Geni Whitehouse shares how this frustration led her to a new mission—helping accountants not only find more satisfaction in their careers but also deliver greater value to their clients. She talks about the emotional weight of handing clients a tax bill without being able to help them generate more cash and how she shifted her approach to make accounting easier for clients to understand and apply. Listen to the full episode to hear her journey and insights specifically for the winery industry ?? https://hubs.ly/Q02TjSd90 #AccountingChallenges #ClientValue #CPAJourney #CashFlowMatters #AccountingEvolution #PeerviewData #AdvisoryServices #wineries #wineryfinance

Inventory costing 101! Let's start with the basics. Together we can explore the Two Primary Inventory Costing Approaches in the Wine Industry. Read more here: https://buff.ly/3UuEXbX #accounting #costaccounting #winebusiness

Benchmarking in the wine industry is a complicated topic. Check out some guidance on benchmarking here: https://buff.ly/4ckzZDT #accounting #wineindustry