Grow the financial success of your vineyard

We understand the unique financial landscape of viticulture. Our expertise transforms complex agricultural challenges into clear, strategic financial pathways.

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When it comes to wineries we know our numbers

We offer a comprehensive suite of financial services—from essential accounting to strategic advisory—to support every stage of your vineyard's growth.

Accounting services that keep your vineyard financially robust.

We handle complex financial reporting with precision and care. Our team ensures your business meets all regulatory requirements efficiently.

Tax and accounting services

Advisory services tailored to help smarter financial decisions in viticulture.

We provide clear financial strategies that transform challenges into opportunities and smooth cashflow for seasonal businesses like viticulture.

Financial advisory services

Strategic advice that helps you create a path to grow your business.

We help you chart a clear path forward with actionable insights and proven methodologies. Our strategic guidance turns vision into reality.

Strategic advisory
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Navigating the seasons when no two years are the same.

You know better than anyone how quickly conditions can change. In the world of winemaking, no two seasons are ever the same, bringing constant fluctuations in yields, quality, and market price. We know how hard it is to plan when you're battling the elements, volatile market demand, and ever-changing compliance. Our tailored financial planning and reporting systems are designed to provide the stability and clarity you need to manage risk, regardless of what Mother Nature throws your way.

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Some clients we work with

We've worked with wine producers, vineyards and brewing businesses at all stages of their business journey.

8 Wired Brewing Co

From humble beginnings in Marlborough to a fantastic new facility in Warkworth exporting craft brews around the world, 8 Wired Brewing Co has been at the forefront of the craft beer revolution in New Zealand.
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Isabel Estate

Partnering with an accounting and business advisory organisation with the knowledge and skills to drive business forward has been key for Marlborough winery Isabel Estate.
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Caythorpe Family Estate

At nearly 140 years old, Marlborough’s Caythorpe Family Estate has had to remain ahead of the game to stay relevant and successful in a changing landscape.
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FAQs

Essential insights for New Zealand's wine industry financial landscape

What unique accounting challenges do wineries and vineyards face?

Wineries face unique challenges related to inventory valuation (wine stock aging), managing seasonal cash flow, capitalising vineyard development costs, and navigating complex excise tax and liquor licensing compliance.

How do you help us manage the highly seasonal cash flow of a vineyard?

We develop detailed seasonal cash flow forecasts that accurately model the long lead times between vineyard establishment, vintage production costs, and eventual wine sales, helping you plan for peak expense periods and optimise working capital.

What is the most crucial financial metric for a viticulture business?

While profit is key, metrics like Cost of Production per Tonne/Bottle, Vineyard Yields vs. Quality Metrics, and the Return on Investment (ROI) for vineyard assets (like vines and equipment) are critical for strategic decision-making.

Can you advise on the correct capitalisation of vineyard establishment costs?

Yes. We provide expert advice on distinguishing between immediate expenses and costs that must be capitalised (added to the cost of the asset) over the life of the vine, ensuring accurate depreciation and compliance with tax regulations.

Do you offer services related to export market tax compliance and duties?

Absolutely. If you export, we help you navigate the complexities of international tax implications, customs duties, and potential VAT/GST compliance in overseas markets to ensure you maximise your export margins.

How do you assist with budgeting for fluctuating harvest yields and quality?

We create robust multi-scenario budgets and forecasts. This allows you to model the financial impact of varying yield sizes and quality grades before the harvest, enabling proactive adjustments to spending and sales strategies.

What specific risk management services do you offer for wineries?

We help manage financial risks related to commodity price volatility (grape prices), insurance needs for high-value stock, and the financial impact of environmental events (frost, drought) through smart contingency planning and reporting.

What technology or cloud tools do you recommend for winery inventory and accounting?

We recommend specialised winery management software that integrates seamlessly with cloud accounting platforms (like Xero or MYOB). This ensures accurate tracking of wine stock through the entire production cycle, from grape to bottle.

Can you help us with the financial planning for cellar door operations and hospitality?

Yes. We analyse the profitability of your cellar door and associated hospitality revenue streams (restaurants, events) separately, providing insights into margin improvement and optimal staffing levels for direct-to-consumer sales.

We are looking to sell or buy a vineyard; what support do you provide?

We provide independent business valuations specific to viticulture assets and offer comprehensive due diligence services. This ensures you receive an accurate, defensible valuation of the vineyard, stock, and plant assets before making a major transaction.

Accounting and advisory services to support your business.

Contact your local WK Advisory how our advisors can help you achieve your business goals.

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