Reporting platform provides excellent visibility.
Dennis Barnett
Partner, Third Wave Brands,
Former President, Young’s Market Company

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    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 clients full transparency into the back-office operation. The permission-based system enables clients to set specific access and authorization rights for individual users. Navigator not only offers on-demand summary data but allows clients 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

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

    Experience the benefits of being a Park Street client today!