In this episode, Zane Stevens celebrates 10 years of Protea Financial and reflects on the journey of building the business. He expresses gratitude to the listeners and supporters of the podcast. Zane shares the story of how he and his wife moved to the United States and how Protea Financial was born. He highlights the…
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In the wine industry, balance sheets are crucial financial documents that provide valuable insights into the financial health of a winery. These documents contain key performance indicators (KPIs) that help winery owners and managers make important business decisions. Some of the most important KPIs to look out for in a winery’s balance sheet include inventory…
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In this episode of Protea Weekly, Zane Stevens interviews Ashley Leonard, the founder of InnoVint, a winery operating system. They discuss the importance of inventory costing in the wine industry and how InnoVint helps wineries manage their costs more effectively. Ashley shares the background and development of InnoVint, highlighting the need for compliance and traceability…
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Are you ready to take your bookkeeping game to the next level? As technology continues to evolve, so does the world of bookkeeping software. Choosing the right software for your business can make a world of difference in efficiency and accuracy. Let’s explore a few key insights from the professional bookkeepers at Protea Financial on…
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In this episode, we discusses the importance of inventory costing in the wine industry. He emphasizes the need for accrual basis accounting and explains how tracking costs on an accrual basis provides a basis for making good business decisions. Zane focuses on the complexities of inventory costing in the wine industry, where the process from…
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Summary In this episode, Zane Stevens discusses the importance of understanding the cost of products in the wine industry. He highlights the complexity of determining product costs, especially in manufacturing. Zane emphasizes the need for accrual basis accounting to accurately track inventory costs. He explains how accounting can be a service that provides information for…
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