Calculate the True Cost of Wine

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In this course, you will learn the steps to calculate the True Cost and why this is a such an important figure for the success of your winery.

Module: 1
Module 1 – Overview

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Module: 2
Module 2 – Allocation Math

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Module: 3
Module 3 – Cost Pools and COA

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Module: 4
Module 4 – Opus Too

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Module: 5
Module 5 – Koster Towne

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Module: 6
Module 6 – Morekoko

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Module: 7
Module 7 – Forecasting and More

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Calculate the True Cost of Wine
- Module 1 – Overview
  - Course Overview
  - Downloads for the Calculate the True Cost of Wine Course
- Module 2 – Allocation Math
  - Allocation Math 1
  - Allocation Math 2
  - Allocation Math 3
- Module 3 – Cost Pools and COA
  - What are in the Cost Pools
  - Cost Pools vs Direct Costs-How to choose
  - Recommended chart of accounts
  - Sub-accounts for the Cost Pools
  - Some overhead accounts
  - Screaming Beagle
- Module 4 – Opus Too
  - Opus Too – Year 1
  - Opus Too – Year 2
  - Opus Too – Year 3
  - Opus Too – Bottling
- Module 5 – Koster Towne
  - Koster Towne – Year 1 & 2
  - Koster Towne – Year 3 & Bottling
  - Cellar Work Order form & Juice Flow tool
- Module 6 – Morekoko
  - Morekoko – Year 3
  - Morekoko – Bottling
  - Morekoko – Juice Flow
  - Bottling Chart
  - How to handle a wine label bill
- Module 7 – Forecasting and More
  - Blending, topping, buying or selling bulk wine, and other complications
  - Direct Costs versus Indirect Costs Revisted
  - Forecasting and reverse engineering
  - The accounting team
  - Accrual vs Cash accounting
  - Tax Basis vs GAAP
  - Fini!