Declare or Edit Tax Class

InnoVint makes it easy to declare and edit tax classes on lots, which map directly to the TTB Report. 

• You can set or change the tax class of a lot in three places:
  • At lot creation (effective as of Lot Creation)
  • From the Lot details page (effective as of any date, or as of Lot Creation)
  • In the Tax Class Declaration report (effective as of the current date)
• Check out this video tutorial to walk through declaring wine using two methods, as well as how to correct tax classes if they were set incorrectly at lot creation. 
• Two tips for declaring and editing tax classes

At Lot Creation

For US wineries, when adding a new lot from the Create Lot Page or in-line in an action, Tax Class is a required field. This will set the tax class as of the date and time of lot creation.

From the Lot Details page

The Tax Class can be declared or changed on each Lot Details Page using the pencil icon next to Tax Class.

Select the new tax class from the dropdown list and select the Effective at date.

In the Tax Class Declaration report 

1. Go to Tax Class Declaration in the Report Explorer, under the Compliance Reports header:
   
2. For each row, select the tax class from the dropdown list
3. Click the Set tax class button. This will change the tax class as of the current date and time. You will not be able to backdate tax class changes from this report

Video tutorial

Check out a quick how to video covering the Tax Class Declaration Report, and how to correct the tax class on existing lots. 

Two tips when declaring and editing tax classes

1. Don't declare or create lots in weight in a declared tax class. If you declare a wine while the lot is still in weight - or accidentally create that lot in a declared tax class (<16%, etc) - then InnoVint will use the expected yield to determine the volume moved to that declared tax class. We recommend only declaring tax classes after a lot is in volume to avoid any unintended gains and/or losses after a lot has been drained and pressed. Any mistakes when declaring a tax class can be deleted and re-entered at different dates.

2. Tax class changes are not dependent actions, and therefore can be changed (or deleted) at any time. Archived lots are also eligible for tax class changes, which can be made effective to before the archive date. These changes will impact where the volume appears on the TTB Report, as of the date of the Tax Class change action.
   
   Note: If there is a mistake when recording a tax class change, you must delete that tax class change action and record a new tax class change. 
   If a lot was onboarded or created under the wrong tax class, there will not be a previous tax class change action to delete and you can change the tax class as needed (be sure to use the option "When lot was created").

See our quick video tip on Tax Class changes and declarations at harvest here.