Mini-course for winery managers

Mini-Course: Pain-Free Bank Reconciliation

Our Pain-Free Bank Reconciliation Mini-Course is for the Reluctant Bookkeeper (aka The Owner), Office Manager, or anyone tasked with the day-to-day bookkeeping.

This course is for anyone who

  • avoids doing the bank reconciliation every month

  • finds the process overwhelming

  • must also reconcile credit card statements

  • uses QuickBooks desktop or QuickBooks online

This course provides tools, support, and guidance so you can breeze through this process quickly and easily.

Instructor: Jeanette Tan | Modules: 1 | Class length: 1h | Lifetime Access | Student only forum

The Pain-Free Bank Reconciliation Mini-Course includes:

  • Live webinar on Thurs, March 16 at 10 am Pacific

  • Easy to follow step-by-step video so you can revisit the procedures as often as needed

  • A simple SOP (Standard Operating Procedure) with screenshots & checklist so you know the right process to follow.

  • A private Q&A Forum so you can post your specific questions and get detailed answers from our team.

Course takeaways:

  • Easily see a snapshot of your bank balances

  • Keep your business finances healthy with good cash management practices

  • Spend more time working on real winery problems

  • Pain-Free Bank Reconciliations

    Take your bookkeeping skills to the next level and improve the accuracy of your financial reports.

    Protect yourself from mistakes that can cost you time and money. A small investment will set you up for effective cash management procedures. Don’t leave those decisions up to chance.

    $147 | Take the course

Meet your instructor Jeanette Tan

Jeanette Tan was an Adjunct faculty member with the Sonoma State Wine Business Institute. She has over 10 years in the Wine industry and is an Advanced Certified QuickBooks ProAdvisors. More importantly, she has experience being a small business owner and understands the challenges that small winery managers face.

FAQs

  • You may be tempted to skip this step because you can easily get the account’s balance from the bank’s online portal. This step is important because you will discover innocuous mistakes like duplicate checks, transposed numbers (901 instead of 109), and missing deposits. These mistakes will cause your reports to be wrong.

  • Wineries are more challenging than other businesses primarily because the revenue comes through the POS program or shopping card, and the funds show up as automatic deposits from your credit card processor. These deposits often have refunds and merchant fees deducted from them However, because we only work with wineries, we have many tips to help the wineries master this process.

  • We know that many folks follow this procedure. However, we believe that if you do this, you are missing out on many critical pieces of information. In this procedure, folks record the deposits as “income”. That amount is a combination of wine sales, merchandise sales, tasting fees, shipping income, sales tax collected, and merchant fees charged by the credit card processor. Each of those bits of information sheds light on the health of the business, and they give you clues that help you make better business decisions.