Let's be real. We've all been prodded by someone in accounting wanting information on how production dollars are being spent. There’s a very good reason for this...

You might be asking yourself, “But I’m a winemaker not an accountant. This isn't my job.” Well, not to be the bad guy here, but it does concern you. You're responsible for getting production information to the people running the numbers. These financials are critical to understand the overall health of the business.

Don't worry - we're not asking you to spend all your time behind your computer trying line item all these costs out on paper. There is a better solution. Keep reading.
 
First thing's first though. Let's start with definitions.
 
Okay... so what are production costs anyway?
 
The bookkeeping term is “Cost of Goods Sold” (COGS). COGS are the direct and indirect costs attributable to producing your wines – the actual amount you spent on the grapes, the barrels you used, the sulfur you added, the packaging for your wines, even your own salary. Adding all of these together helps your winery understand how much they are making in profit for each bottle they sell.
 
But I'm not tracking costs yet. Where do I start? 
 
Now is your chance to WOW your colleagues. You want to be as valuable a winemaker as you can being in such a competitive market. Get ahead of the curve by implementing production software that manages costs for you!

Check it out. It's really this easy:


 
 
InnoVint has built-in cost tracking embedded in production operations that manages all cost categories to provide you a comprehensive costing snapshot at any point in time.

As you take your wines through normal winemaking operations, the system will automatically distribute costs across your volume movements. You can even manage overhead costs like utilities or salaries and apply them across all your cellar volumes as of a previous month end or date in the past.

Since it’s already easy to manage all of your wine movements and inventories in InnoVint, tracking costs becomes almost effortless. Even better, grant limited access to your accountant to manage it themselves! 
 
Watch our Costing Overview Video for a deeper dive into how it works.

We'd love to have you join us for a customized demo to experience how InnoVint can help your winery track your costs, generate your TTB 5120.17, streamline all of your production data, and much more, all in one place.

Make 2018 your most successful harvest by joining InnoVint!
Get up and running in as little as 1 day.

info@innovint.us 
(707) 418-0119 ext. 1