As many as 30% of wineries may not survive the industry reset. Learn how a strong financial management process can help your winery beat the odds.

Small wineries have a unique advantage in marketing—they’re nimble, close to their customers, and able to test and tweak strategies quickly. By asking four key questions and tracking results carefully, owners can move beyond “hope marketing” to create smart, simple plans that drive real results.

Participate in the survey and receive a complete set of results. The deadline to submit is Friday, May 19th. The blog post includes a link to the survey, a pdf of the questions, and a video to show how to answer the QuickBooks questions.

Download the SVB Report and read my comments

Changes in QuickBooks Desktop license program beginning July 2024. URGENT!

There are 4 aspects of the program:

Registering your winery

Paying the processing fee after bottling

Implementing the CRV collection and reporting

Updating your labels

With rising inflation and operating costs, winery owners are looking for ways to manage the bottom line without raising prices. 

The sudden demise of Silicon Valley Bank is a reminder to stay calm and to focus on what you can control: your cash management procedures.

We hope you are enjoying the holidays with your family and loved ones. We will keep this brief so that you can return to your mulled wine and toys. Cheers!

Happy end of harvest! I hope you are enjoying the gorgeous fall colors. Here at QBWS, we are busy preparing budgets and forecasts for next year, in addition to wrapping the 2022 books.

I hope your grapes are all in and that the pace of the harvest has slowed down enough for you to enjoy the gorgeous autumn weather. Hit reply and send us a picture of the leaves changing color. But before that, grab a glass of your favorite fall beverage, and let’s get going. Cheers!

I hope you are pleased with this year's harvest. Good luck with your final picks. Since everyone is busy with either crush or club runs, I have some light reading for you. Grab a glass of your favorite harvest beverage, and settle in with some fun articles. Cheers!

Veraison has started pretty much everywhere, so that means that harvest is just around the corner. But, let’s enjoy the present moment and the glorious summer sunshine! Find a cool place to sit, grab a glass of wine, and let’s get started.

Harvest has started! And with warm temperatures in the forecast, it promises to be fast and furious. I have some lighthearted topics for you this month to keep you entertained during those overnight punchdown sessions. Grab a glass of your favorite harvest beverage, and let’s get started.

Has the shock of closing the tasting rooms, sheltering in place, and learning how to home-school subsided a bit?

This time of the year many of you are selling wine barrels to make room for new barrels. So what is the best way to handle this?

If you ask your tax preparer to explain the difference between your True Income and your Taxable Income they should be able to easily answer this question.

I am not a huge fan of QuickBooks Online, however for some situations, it is a good choice. Here is my list of the Pros and Cons to QBO for a winery.

A member using QB Online said that their tax preparer questioned why the COGS on the Cash Basis report was so different than on the Accrual Basis report.

Do you pay vendors through a third party payor? If so, you need to know about a recent update that went into effect that could impact you!