Tap Room October 27 th , 2016 Presented by: Claudia Musick Agenda: - PowerPoint PPT Presentation

Tap Room October 27 th , 2016 Presented by: Claudia Musick

Agenda: 1. Tap Room Process 2. Basic Method 3. POS Import Interface 4. Retail Transfer - Advanced Feature #Orchestrate2016

Tap Room Process #Orchestrate2016

Benefits: • All financials are handled within OBeer • Insight into where inventory is sitting at all times • Differentiated revenue/COGS for both segments of the business (brewery vs. taproom) #Orchestrate2016

Main Areas of Taproom Management: • Movement of inventory • Accounting for the fact that inventory is physically sitting in the taproom • Booking sales (revenue) • Inventory depletion Making sure that inventory has been taken out, accounting for sales that occurred • #Orchestrate2016

Steps : (1) Repeat Move inventory to TR warehouse Inventory Transfer (2) Record sales Decrease inventory (4) A/R Invoice Inventory Count & Posting (3) Apply payment Incoming Payment #Orchestrate2016

Basic Method #Orchestrate2016

Basic Method – Setup & Process: • Create non-inventory items for taproom linked to specific GLs Examples: Taproom Sales: Draft Beer, Taproom Sales, … • Create A/R Invoice template with non-inventory items Item Level G/L Determinations Elimination Segment • Normal processing: 1. Inventory Transfers to taproom warehouse to have accurate inventory 2. Use A/R Invoice template to book sales per day/week/month 3. Apply payment at the time of document entry 4. Inventory adjustments to account for real-time inventory levels #Orchestrate2016

POS Import Interface #Orchestrate2016

POS Import Interface – Setup & Process: • Set up POS Import Interface • Normal processing: 1. Inventory Transfers to taproom warehouse to have accurate inventory 2. Use POS Import Interface to map items from POS template into Orchestrated. 3. Apply payment at the time of document entry #Orchestrate2016

Retail Transfer #Orchestrate2016

Retail Transfer: • New Function! • Advanced Accounting Method Item Level G/L Determinations Elimination Segment • Replaces Inventory Transfer Step Creates a two documents types • Sales document from brewery • Purchase document from tap room #Orchestrate2016

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