Ss Brewing Technologies Giveaway!

Home Brew Forums > Home Brewing Beer > General Beer Discussion > Need advice on setting up Quickbooks for my brewery
Reply
 
LinkBack Thread Tools
Old 07-04-2012, 02:27 AM   #1
seabeemech1970
Feedback Score: 0 reviews
Recipes 
 
Join Date: Aug 2011
Location: Virginia Beach, VA
Posts: 100
Default Need advice on setting up Quickbooks for my brewery

I setting up the accounting system for my brewery and need some advice from those who have experience or have set Quickbooks up for a brewery.
I have Quickbooks Premium 2012 for Manufacturing and Warehouse Edition

__________________
seabeemech1970 is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 06:59 AM   #2
jheld00
Feedback Score: 0 reviews
Recipes 
 
Join Date: Feb 2010
Location: St. Louis,MO
Posts: 124
Liked 5 Times on 5 Posts
Likes Given: 1

Default

Are you talking about a legit pro brewery or just your home brewing brewery?

__________________
jheld00 is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 07:11 AM   #3
seabeemech1970
Feedback Score: 0 reviews
Recipes 
 
Join Date: Aug 2011
Location: Virginia Beach, VA
Posts: 100
Default

Quote:
Originally Posted by jheld00
Are you talking about a legit pro brewery or just your home brewing brewery?
Legit 3000bbl/yr production brewey
__________________
seabeemech1970 is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 07:33 AM   #4
jheld00
Feedback Score: 0 reviews
Recipes 
 
Join Date: Feb 2010
Location: St. Louis,MO
Posts: 124
Liked 5 Times on 5 Posts
Likes Given: 1

Default

Hire an accountant...

__________________
jheld00 is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 01:00 PM   #5
mjohnson
Feedback Score: 0 reviews
Recipes 
 
Join Date: Mar 2010
Location: New Jersey
Posts: 575
Liked 33 Times on 30 Posts
Likes Given: 18

Default

Quote:
Originally Posted by jheld00 View Post
Hire an accountant...
This might be taken as sarcasm or snotty, but its on the money (pun!). Consider spending your time doing stuff that you are an expert in (beer, your business) and let someone who knows what they are doing do the accounting. It will probably save you money in the long run. I don't think I've ever heard anyone with a small business say, "Golly, I wish I did my accounting myself."
__________________
mjohnson is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 04:02 PM   #6
duboman
Feedback Score: 0 reviews
Recipes 
 
Join Date: Jul 2011
Location: Glenview, IL
Posts: 6,128
Liked 471 Times on 437 Posts
Likes Given: 210

Default

Quote:
Originally Posted by mjohnson

This might be taken as sarcasm or snotty, but its on the money (pun!). Consider spending your time doing stuff that you are an expert in (beer, your business) and let someone who knows what they are doing do the accounting. It will probably save you money in the long run. I don't think I've ever heard anyone with a small business say, "Golly, I wish I did my accounting myself."
+1
At that size you should be able to have a person handle your books 1 day per week, you don't need someone every day, book keeping can be done in half a day and an accountant or the book keeper can then compile your monthlies as well
__________________
Nothing Left to do but smile and drink beer.....

The Commune Brewing Company-Perfecting the "art" of beer since 2010
duboman is offline
 
Reply With Quote Quick reply to this message
Old 07-04-2012, 04:07 PM   #7
riverfrontbrewer
Feedback Score: 0 reviews
Recipes 
 
Join Date: Sep 2009
Location: Denver, CO
Posts: 1,124
Liked 34 Times on 29 Posts
Likes Given: 4

Default

As a CPA I agree w this......at least start out w a good bookkeeper to get you set up.....bad books will cost you more at the end of the year than a few hours w a bookkeeper now.

Good Luck


Quote:
Originally Posted by jheld00 View Post
Hire an accountant...
__________________
riverfrontbrewer is offline
 
Reply With Quote Quick reply to this message
Old 07-06-2012, 06:32 PM   #8
boss429
Feedback Score: 0 reviews
Recipes 
 
Join Date: Jul 2010
Location: San Diego
Posts: 162
Liked 1 Times on 1 Posts

Default

Go all the way and get an ERP....go with an ERP integrator

QB doesn't really handle beer accounting that well especially because of the TTB.

http://wearethepractitioners.com/201...beer-dont-mix/

It can but youll probably need an add on like fishbowl or misys...or numbercruncher (according to people on probrewer never played with it though) your erp integrator will advise.

Here are some cost estimates

http://www.mikeonmanufacturing.com/m...age-cost-.html

check out beer orchestrated(sap business one) as well...and beerrun(sage)..these are turn key brewery ERP systems

here is an example of NB crazy set up..


Best of Luck!
__________________
boss429 is offline
 
Reply With Quote Quick reply to this message
Old 07-06-2012, 07:12 PM   #9
jstofer
HBT_SUPPORTER.png
Feedback Score: 0 reviews
 
jstofer's Avatar
Recipes 
 
Join Date: Sep 2010
Location: Nebraska
Posts: 60
Default

I will echo what riverfrontbrewer said. Being a banker and dealing with very large farming operations, I am sometimes at a loss for the quality of financials that I see. If you are that large and trying to track inventory, etc, then it would definitely be well worth your money to get this done. Especially, if you are going to require any type of financing. Also, as you look to grow and your financing needs expand, you'll likely be looking at needing review quality financial statements, at a minimum compiled, and it is much, much cheaper to have an accountant on the front end. It will also help you for tax planning when you get to year end.

__________________
jstofer is offline
 
Reply With Quote Quick reply to this message
Old 05-25-2013, 01:31 PM   #10
johnnymax
Feedback Score: 0 reviews
Recipes 
 
Join Date: Sep 2008
Location: Southeast Texas
Posts: 26
Default

I sure wish somebody would have given advice on how to set up Quickbooks for a brewery, because from what I understand if set up correctly is can help with the overall management. It can generate the numbers you need to have to fill out your State and Federal paperwork with the click of a button (which otherwise can take hours). It can help you manage your supply chain to help you keep inventory for grains, hops, yeast etc. so you don't run out. It helps you keep track of your inventory of beer and its distribution. Not to mention if you self distribute like us, you need to keep track of all your retailers, information, orders, invoices, delivery and deposits. If it is setup wrong, then you are really at a disadvantage. I am researching how to setup Quickbooks for my brewery, so It will help me manage it. I have an accountant, but she just handles the money, not brewery management.

John
Texas Big Beer Brewery

__________________

Johnny MAX
Texas Big Beer Brewery

johnnymax is offline
 
Reply With Quote Quick reply to this message
Reply



Quick Reply
Message:
Options
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
need help setting up o2 to wort foonogg General Beer Discussion 2 01-16-2012 10:10 PM
City Brewery, from WI, purchased Brewery/Bottling in Memphis JefeTheVol General Beer Discussion 0 03-31-2011 01:08 PM
Setting Carboy directly on ground not safe? BrewHistorian General Beer Discussion 77 02-09-2011 05:34 AM
Schlafle's brewery/Morgan St. Brewery St. Louis Visits VermVerm General Beer Discussion 17 03-13-2010 12:30 AM
Setting up a Homebrew Club jezter6 General Beer Discussion 6 01-10-2008 06:08 PM