Integrated Accounting Solutions

Financial Reporting, Accounts payable, Expense Management


Accounting Services

Park Street manages all aspects of the accounting and financial reporting to ensure accuracy and full transparency.

  • Federal Excise Tax optimization
  • Federal excise tax calculation and payment
  • State excise tax calculation and payments
  • U.S. Customs duty drawbacks
  • Month end closing statements
  • Distributor and retailer invoicing
  • Accounts receivable management
  • Accounts payable management
  • Dedicated bank account
  • 24/7 real-time online reporting platform
  • Distributor chargeback management
  • Overdraft protection
  • Front-office accounting add-on services (e.g., payroll processing, expense reimbursements, consolidated financial statements)
Not having to worry about managing vendor bills, customer invoicing, and collections has significantly freed up my time.
Dennis Barnett
Partner, Third Wave Brands
Former President, Young’s Market Company
Park Street provides transparent, real-time data which helped drive the growth of our brand and ultimately its acquisition by Heaven Hill.
John Cooper
Founder, Domaine de Canton

Real-time Reporting

Park Street’s cloud-based Navigator system provides suppliers full transparency into the back-office operation. The permission-based system enables suppliers to set specific access and authorization rights for individual users. Navigator not only offers on-demand summary data but allows suppliers to deep dive into detailed levels of granularity and itemized reporting.

  • Sales
  • Accounts receivable
  • Accounts payable
  • Cash receipts
  • Inventory
  • Expenses
  • Cash account balance
  • Purchase orders
  • Invoices
  • Freight shipments
  • Distributor chargebacks
  • Products
  • Solicitors
  • COLA/COLA waivers
  • Formula approvals

Depletion and Retail Account Data

Park Street’s Navigator system provides distributor depletion data and retail account data, which provide actionable insights into brand performance.

Park Street provided us an effective reporting system which allowed us to manage the business down to the retail account level.
Raul Marmol
Co-Founder, Eppa Wine Co.
Former CMO, Bacardi
Park Street has an outstanding IT platform that integrated well with our operation and gave us a high degree of transparency.
Tom Mooney
CEO, House Spirits
President, ACSA

Distributor Chargeback Management

Park Street provides end-to-end distributor chargebacks management, including uploading chargeback invoices and supporting documents (e.g., menu shots, floor placements) to Park Street’s proprietary Chargeback Management System, requesting additional documentation from distributors as needed, processing invoice payments, and more.

  • Invoice processing and payments
  • Supporting documentation
  • Service period tagging
  • Market tagging
  • Brand tagging

Accounting in Wines and Spirits Industry

Park Street provides various accounting services for thousands of beverage brands within the industry. Whether you’re looking for distributor accounting, chargeback accounting, wine and spirit A/R financing, or other drinks industry accounting services, we can help. Our advanced reporting, technology, and processes allow us to provide first-class services to all our suppliers. Contact us today to get started so you can focus on your beer, wine, or liquor brand while we handle your back office.

Focus On Building Your Brand. We’ll Do The Rest.

Experience the benefits of being a Park Street supplier today!