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Retiring Barrels

Producer steps for retiring a barrel in Encompass Barrel Management, writing off the barrel and any liquid via an adjustment customer (pick the right TTB tax code for DRO). v23.09+.

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Written by Bailey Naas-Thornton

Minimum Version Required: 23.09

Pre-Conditions

  • ‘Barrel’ Equipment with Status = Active
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  • Barrels with Condition = Filled, Empty, or New call all be retired.
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  • If retiring an Empty or New barrel, the write-off Invoice will only account for the barrel itself.
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  • If retiring a Filled barrel, the write-off Invoice will account for both the barrel itself and the liquid inside.

Steps

How to Use:
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  1. Navigate to ‘Barrel Management’
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  2. Select a barrel
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  3. Click ‘Retire’
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  4. Select Adjustment Customer
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    -Any liquid inside the barrel will be written off. When writing off spirits, be sure to select the Adjustment Customer with the desired TTB Tax Code for TTB DRO reporting.
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  5. Click ‘Retire’
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  6. Behind the scenes, a write-off Invoice will be created on a ‘Balanced’ Load Sheet. The write-off Invoice will account for the barrel itself, and any liquid in the barrel if retiring a ‘Filled’ barrel.
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  7. The retired barrel Equipment is updated to Status = Inactive and the Barrel Attribute Condition = Empty.

PDF

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