Schedule 7 - Wholesaler Inventory Page 2

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INSTRUCTIONS PRIVILEGE TAX SCHEDULE 7
All manufacturers & Importers of Wine & Malt Beverages must prepare this form.
The information provided on this form must include all malt and alcoholic beverages handled by the licensee
during the calendar month,
Regardless of whether the beverages were produced, purchased or received from sources within Oregon or
from sources outside of Oregon.
Enter Malt in Barrels & Wine in Gallons
Line 1 Inventory First of Month- the actual inventory on hand at the beginning of the month. This should match the
Ending inventory of the previous month.
Line 2 Purchased or Received Oregon Tax not paid to vendors- enter all products that were received by you federally tax
paid (Example product received from entities outside of the State of Oregon) this total should match the totals on the Schedule 1
for Malt and the Schedule 3 for Wine.
Line 3 Purchased or Received Oregon Tax Paid- enter all products received by you that the State tax has been paid (Example,
product received from entities inside the State of Oregon)
Line 4 Returned Sales Placed in Stock – any returned sales that go back into the inventory will be entered here
Line 5 Produced by Bottling- additions to inventory that was bottled by you.
Line 6 Transfers In- transfers from another in state location owned by you
Line 7 Other Additions (explain) – Other additions to inventory accounted for. Explain the addition
Line 8 Other Additions (explain) - Other additions to inventory accounted for. Explain the addition
Line 9 Gains – Unaccounted for – Unknown gains of inventory
Line 10 Gains – Accounted For (explain) - additions to inventory accounted for explain
Line 11 Total to Account for – Add lines 1 through 10
Line 12 Sales- Total Sales for the Month
Line 13 Own Use and Gratis Deliveries- Product taken out of inventory for personal consumption or Gratis to Oregon
Licensee’s for sampling.
Line 14 Returned Purchases (Withdrawn from stock) - Product taken out of inventory and returned to another entity
Line 15 Used in Bottling – Reductions in inventory due to bottling done by you
Line 16 Transfers Out - transfers to another in state location owned by you
Line 17 Other Subtractions (explain) - Other accounted for subtractions from inventory. Explain the Subtraction
Line 18 Other Subtractions (explain) - Other accounted for subtractions from inventory. Explain the Subtraction
Line 19 Losses – Unaccounted for – Unknown subtractions from inventory
Line 20 Losses – Accounted for (explain) - Losses of inventory. Explain the loss
Line 21 Inventory- End of Month- the actual inventory on hand at the end of the month.
Line 22 Total Accounted for- Add lines 12 through 21
Line 11 and Line 22 Should Match Exactly
A physical inventory count is to be taken on the last day of Business of February, June and October. The
inventory documents must be signed by the person responsible for the Inventory count, retained and made
available for examination by State Auditors.
This form should be prepared in triplicate: Two copies to OLCC. One copy for your records

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