WET Tax with Xero and Vinsight
Vinsight’s cloud based inventory and sales app has just released a great new feature that helps you handle your Wine Equalisation Tax (WET) liability and avoid unnecessarily repeating your data entry along the way. It also helps you handle WET with Xero. Create one invoice and use the data many…
Quality Wines to Fit Your Holiday Budget
With the holiday season approaching, bringing quality wine to dinner parties doesn’t need to break the bank. ‘Supermarket wine’ seems to have come a long way from low cost, low quality ‘goon’ brands, or in classier terms: cardboardeaux. Low-cost, high-quality wines have been growing in popularity all across the world…
Capitalizing on Costings
If you are involved with running the accounting side of a winery then you will know how tedious it can be to get an accurate cost of sales and also an accurate inventory valuations for end of month or end of year reporting. Good accounting practice means that you try…