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…
Read More
Navigating the California Redemption Value (CRV) Program for Wineries
The California Redemption Value (CRV) program, established in 1986, is a cornerstone of the state’s recycling and environmental efforts. Aimed at reducing litter and encouraging recycling, CalRecycle imposes a fee on consumers at the time of purchase for eligible beverage containers, which is refunded upon the container’s return. For wineries in California, navigating the intricacies…
Read More
Choosing the Right Bookkeeping Software: Insights from a Professional
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…
Read More
Protea Weekly Podcast – Episode 12 – Let’s Talk About Wine!
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…
Read More
Power of Peers
In today’s “Everything All the Time” world, searching for a Consultant online will often give you over 1,000,000 choices. How about considering the woman or man at your elbow for guidance? Peer groups often offer unique advantages over individual consultants due to their collaborative nature, diverse perspectives, and shared experiences. Here are some reasons why…
Read More
Protea Weekly Podcast – Episode 11 – What does it cost!
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…
Read More
