Create Tax-Paid Inventory (Read Time: 2 mins)

Whiskey Systems lets users track tax-paid finished goods for easy and accurate inventory management. Creating tax-paid inventory allows users to track inventory for goods that are no longer in their bonded premises for things such as tax-paid storage lockers or tasting room inventory.

To create tax-paid inventory, users must create a tax-paid warehouse, then create product inventory in that warehouse.

Create Tax-Paid Warehouse

1. Navigate to Settings
2. Go to Storage Locations > Warehouses
3. Click Add New Warehouse at the top right
4. Enter the required details
   
   1. The Name will be shown when specifying the location for transfers, sales, receipts, etc.
   2. Check the Tax-Paid checkbox.
5. Click Submit to save. For more information on creating warehouses, see Warehouse Setup (Read Time: 3 mins)

Create Tax-Paid Inventory

• Navigate to Logs & Reports / Whiskey Systems Logs
• Select Adjustment Log: Finished Product
• Click + Create Product Inventory
  
• Enter the initial information for the tax-paid product at the new location
  • Warehouse: Must be a tax-paid warehouse
  • Product Type: Select Product or Mixed Product
  • Identify the new (or existing) Lot Number, the initial quantity of cases/bottles, and total value of that inventory
• Submit