In a competitive market, it pays to invest in technology that can make brewery management and accounting more efficient, streamlined, and cost-effective. It can also give you greater data oversight of your entire operation.
QuickBooks Online is the best accounting software for small businesses and accounting firms.
It is incredibly easy to integrate Quickbooks and Quickbooks Online with Brew Ninja Brewery Management Software and takes most users 10 minutes or less to complete.
Read our help section: Connect Quickbooks to Brew Ninja
Absolutely, While there are a number of good POS systems for restaurants, food service and tap rooms, such as Arryved - our recommendation is to integrate your brewery’s sales using Brew Ninja, Quickbooks Online and Square POS.
Integrating all three products provides breweries with an end-to-end tax, compliance and reporting system that satisfies governments, brewery owners, taproom managers, book keepers and accountants.
Read more about our Square POS integration for Brew Ninja.
Breweries can benefit from this set up for a number of reasons, but sometimes those reasons aren’t immediately clear until you dig a little deeper. For example, it’s already possible to connect Square and Quickbooks to track sales from the tap room, so you might question why further integration is needed.
Square POS can handle sales and provide real-time information about what’s left in your kegs. Alongside sales, revenue, and cash received, this data can then be pulled through into Quickbooks. But that’s as far as it goes. It doesn’t calculate the cost of goods sold, or how much money and inventory are left.
Without integrating Quickbooks and Square with a brewery management system like Brew Ninja, production would have to manually check how much was sold through the taproom, or how many cases of beer are left in stock.
Our software then deducts the purchase from inventory. It also breaks down any deposits or sales tax payable. Not only that, because Brew Ninja knows the cost of production for every beer sold, it also calculates the revised value of inventory then adjusts the cost of goods sold accordingly.
Brew Ninja then allows all that broken down data to flow through into Quickbooks. So you can see at a glance, in real-time, the value of stock in your taproom. Whilst in most Canadian provinces, there’s no requirement to report the taproom sales, in the US you’re required to know what’s consumed on site.
The great thing about Brew Ninja is that it provides a reliable connection between the cost of production and the cost of sales. Because the cost of production might increase due to fluctuations in the price of ingredients, Brew Ninja actually takes account of this to provide you with a real-time average cost of per keg or pint that you can use to adjust your prices accordingly.
Whilst many craft brewers are aware that Brew Ninja software has the ability to connect with point of sale (POS) and accounting software, they don’t always realize the full potential of that functionality.
With your data fully integrated into Brew Ninja, your team will have live access to profit and margin reports, sell through, availability and more - without the tedious hard work of manual inventory counts and data entry.
Having explored the connectivity between Brew Ninja, Square POS, and Quickbooks, it’s difficult to find a reason not to join the three dots. You only have to imagine the month-end without that connectivity to see the difference it can make - manually retrieving data from different sources to generate reports that Brew Ninja can automate for you.
