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How to Track Wine in Process in QuickBooks Point of Sale

We’re a winery using QuickBooks Enterprise. We’ve hired a new controller and we both need training on the assembly build process.

Most wineries use WIP (wine in progress) instead of assembly items. You create current asset accounts (with or without sub-accounts to track the individual components), something like this:

2012 Cabernet
Bottles
Capsules
Corks
Grapes
Labor
Misc
Storage
2012 Chardonnay
Bottles
Capsules
Corks
Grapes
Labor
Misc
Storage

After bottling, you can create inventory items for the finished goods (bottles) with a $0 bill or check. On the Items tab, enter the number of bottles produced with a positive amount equal to the WIP. On the Expense tab, enter each of the current asset accounts with a negative amount equal to its balance.


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This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.

Ruth Perryman - QuickBooks Specialist Written by +Ruth Perryman

Ruth is the an Intuit Premier Reseller that offers great deals on QuickBooks POS and QuickBooks Enterprise. She has provided expert QuickBooks help to thousands of businesses all over the world since 1996.

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