This blog and demonstration explains how OrchestratedBEER’s automated accounting features take the busy work out of your accounting. Before we dive into the accounting process, there are a few things to note about OrchestratedBEER’s platform:
- Accounting is the backbone of the solution (and your business)
- OrchestratedBEER follows proper accounting practices (GAAP compliant)
- OrchestratedBEER does not integrate with other accounting systems like QuickBooks
If you’re reading this, chances are that you’re starting to realize the constraints of your current programs and systems or you’re just looking for something to help your brewery’s accounting become more organized. The unfortunate reality in business is that you’ll always have complications with systems that are being stretched to perform beyond the limits of its original design. QuickBooks is one of those great systems, but it wasn’t designed for batch manufacturing like a brewery. The limitations of QuickBooks will become apparent as you continue to add items and try to track the multiple processes in brewing. For more details on these limitations read our past blog on “QuickBooks for Breweries: Good or Bad?”
OrchestratedBEER eliminates the need to “keep your books” and track transactions after the fact. OrchestratedBEER is doing the accounting by creating journal entries for you as you go about the daily processes in the brewery. OrchestratedBEER is process oriented brewery management software. Instead of trying to figure out the actual cost of your IPA at the end of the month; you can do it in real time using automated accounting.
How is the accounting automated?
We predetermine how financials and transactions flow throughout the system based on the different processes that occur throughout the brewery. For example, the system automatically depletes your raw material inventory account and moves the value of the inventory that had been depleted over to a temporary work in progress (WIP) account. Then, when your brewer actually produces wort, we offset that work in progress account and increase the value of our semi-finished wort. Confused? Don’t worry, you don’t have to be an accounting wizard and it doesn’t even have to make sense because it’s all happening automatically in the background. Your accounting department will appreciate the fact that they don’t have to go back and make all those manual entries. Just know that all the data and financial information will be readily accessible whenever you need it.