Key Concepts for COGS
Overview
The Costs section of Blended was designed to make tracking Lot-specific COGS easy. As materials from the winemaking process are created in Blended, they automatically populate within Costs as line items needing a price.
Designed to Fit Your Process
Blended is designed to help you track COGS at the granularity you desire. It can track any line item individually and apply to specific Lots within Production. It can also generalize where desired. For instance, if itemizing harvest labs seems too time-consuming, aggregate the cost, and Blended provides ways to distribute that across Lots.
Yes! You do not need to know the cost of an item when you receive it during the winemaking workflow within Blended. Blended enables you to enter costs at a later date, such as when an invoice comes in.
Yes! Blended makes it easy to change costs after the fact if a mistake was made or the initial cost was an estimate. Check with your accounting team for your internal rules, but Blended doesn't restrict the time range when edits or back-dated costs can be added.
Yes! Dashboards within Blended are all highly configurable and downloadable. Ultimately, it's your data; it should be easy to access.
If there's a specific view you are having trouble creating, reach out to Blended Support. We'll be happy to assist.