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 times Vinsight’s new WET Assessment…

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 to align your expenses with…