TEST
This permit allows clients that are based in the United States to receive proceeds for their sales of alcohol.
Federal Basic Permit
Solicitor Permit
COLA
FDA Permit
What is a Location Group/Location?
Location Group is where all general client information is stored. Location is where client specific information is stored.
Location Group is where all product codes are stored. Location is where all client specific product is stored.
A location group is a collection of locations that are usually related to one another. For example, a warehouse could be a location group with several locations inside. Location is a subset of ‘Location Group’ that denotes specific locations within the groups.
Location Group is where purchase orders are entered into. Locations are where transfer/sales orders are processed out of.
Transactions are tagged with a client ID using this Fishbowl and Quickbooks field.
Invoice Template
Class
Location
None of the above
The following movement requires a Transfer Order.
Control state bailment replenishments
Salesperson replenishment of inventory
Warehouse to warehouse movements
All of the above
This is how revisions are made to a 'shipped and fulfilled' order.
Credit Return + New Sales Order
Void Function + New Sales Order
Unissue Order + Make Revisions
Delete Order + New Sales Order
New customers are created in this system.
Cockpit
Quickbooks
Navigator
Fishbowl
The following represents the most accurate difference between a Sales Order and Transfer Order.
A Sales Order is a sale from one product code to another. A Transfer Order is movement from one product code to another.
A Sales Order is a sale from a producer to a retailer. A Transfer Order is the transfer of product from a producer to a retailer.
A Sales Order allows the creation and management of sales orders and credit returns. It is the first step to completing a customer purchase order. A Transfer Order is the transfer of inventory from one location to another.
A Sales Order is a sale from Park Street to a client. A Transfer Order is the transfer of inventory from one location to another.
Park Street order numbers are assigned using this format.
Next number in the client's Sales Order sequence
Next number in the client's Sales Order and Transfer Order sequence
Client code followed by customer Purchase Order
Next number in client's Sales Order, Transfer Order, and Purchase Order sequence
This report provides all inventory transaction history for a single product.
Sales Invoice Report from Navigator
Inventory Report from Fishbowl
Part Activity Report from Fishbowl
Request the information directly from the warehouse
This is how product is moved to an NSS (non-sellable) code in Park Street's system.
Create Sales Order for old product code
Change current product description to include "NSS"
Transfer old product code to NSS location group
Request an inventory cycle from original product code to new NSS code
What is the daily Fishbowl/Quickbooks export schedule?
Once a day
Every hour between 9am-6pm
Every Friday
9am; 11am; 1pm; 3pm; 5pm
This location houses a listing of all Park Street client bank accounts.
Navigator
Quickbooks
Fishbowl
P Drive
The following must be verified in advance of sending an invoice.
Net terms
Invoice date
Invoice template
All of the above
Processing and paying vendor invoices (e.g. Storage bills) received on behalf of our clients is the responsibility of this department.
Accounts Receivable
Accounts Payable
Chargebacks
Compliance
This financial service, comprising of advanced payments for specific invoices, is offered to qualified Park Street clients to assist with working capital.
Front Office Accounting
Loans
Factoring
Back Office Accounting
What is a case fee?
The number of cases sold per month multiplied by the client's case fee rate as outlined in their services agreement
A monthly storage fee assessed to cases housed in Park Street's managed warehouses
A fee Park Street pays Customs for all cases sold within the U.S. during any given month
Park Street's yearly fee for holding a wholesale license within the state
These two groups are responsible for A/R follow-ups.
Collection Agency & Outside Council
Accounting & Account Manager
Account Manager & Operations Manager
None of the above
When does Park Street pay a chargeback invoice?
Upon its due date
Once payment is requested by the distributor
Upon receipt of the chargeback documentation
After receiving final approval from the client and within five days of the invoice due date
This is the standard cash reserve found in each client's cash balance report.
10% of cash balance
$500
$2,500
$10,000
This type of invoice is used by distributors to recoup marketing & advertising expenses from suppliers.
Sales Order
Chargeback/billback
Purchase Order
Transfer Order
What are the allowable changes to an invoice once monthly closings have occured?
Invoice pricing
Invoice template
Item quantity
None of the above
$1/cs, $20 min is the immediate pick up fee at which warehouse?
Miami Warehouse Logistics
Western Carriers
Western Wine
Pacific Wine Distributors
This is Western Carriers, NJ system BOL charge.
$1.50
$0.50
$2.00
$15
This is Western Carriers' (CA & NJ) maximum reimbursement amount on a damaged/broken case.
$50
$500
$100
Cost of goods
The folloiwng charges apply for mixing and repackaging bottles at Western Carriers (NJ).
No charge
$25 flat rate
Handling fee ($0.35 per case)
$15/CS bottle mixing; $8.50/CS Repacking
Storage is billed at this time of the month for each Western warehouse.
End of the month
Beginning of the month
15th of the month
21st of the month
This is the fee charged for a COD order by Western Carriers, NJ.
There is no fee associated
$15.00
$35.00
$50
These areas are serviced by Park Street's FL direct-to-retail delivery service.
North to West Palm Beach; South to South Miami
Only Downtown & Miami Beach
South to Florida Keys; North to Daytona Beach
Only Miami-Dade County area
What does the warehouse consider a "special project"?
Custom reporting and tracking
Product inspection
Data capture/preparation and analysis
All of the above
Property insurance, acquired by Park Street and billed back to clients, is in place to cover this.
Park Street offices
Products within Park Street warehouses
Park Street's fleet of delivery vans
Park Street's product within third-party warehouses
Distributors are required to pay state excise tax in each state except for the following (suppliers are required to pay excise tax in these states).
WV, MO, WI
CA, IL, TX, NY, NJ
CO, MA, NJ, UT
FL, NJ, MO, WI
This Navigator module includes the ability for clients to request cash distributions.
Sales Invoice Report
Inventory Report
Cash Report
Depletions & RAD Reports
This Navigator module includes the ability for a client to view the status of their Certificate of Label Approval (COLA).
COLA Waiver Summary
COLA Summary
COLA Formula Summary
State Registrations
The following State Registration status denotes a submitted but not yet approved registration request.
Approved
Processing Internally
Filed
Expired
These Navigator reports/tools are all client facing.
Park Street Retail Account Universe, Price Postings, Product Excel Export
Knowledge Base, Glossary, Program Tools, Sync Script Monitor
Accounting Tools, Overdraft Fee Calculator, Save Shipment File
My Saved Reports, PSI Interactive Pricing Tool, Park Street University, Customer Explorer
This module enables clients to review and approve distributor issued invoices.
Expense Report
Chargebacks Tool
Cash Report
Invoice Center
Clients can obtain solicitors' permits in the following states via Park Street.
CA, IL, TX NY
FL, NJ, TX IL
CA, FL, NJ
NJ, FL, CA, TX
This module displays sales data between wholesalers and retailers collected from a third-party company.
My Customers
Sales Reports
Invoice Center
Depletions & RAD Reports
What is Park Street University?
A University located in Miami sponsored by Park Street
A compilation of industry knowledge and presentations that our clients can review to learn more about the alcoholic beverage industry.
Where Harry Kohlmann & Chris Mehringer graduated college
An online course all employees must attend upon their hire date
This Cockpit module depicts a client's case fee schedule.
Billing Center
Client Status Tool
Announcements
Companies & Contacts
Which of the following client details are not available in the Cockpit Dashboard?
Client Status
Inventory
Client Cash Balance
Domestic Shipments
What is the correct naming convention for a new customer?
Name of the customer-State Abbreviation (city if more than one location)
Name of Customer
State - Name of Customer- City
None of the above
This module may include details regarding a shipment from Italy.
Domestic Shipping Tool
International Shipping Tool
Annoucements
Shared Services
The following Cockpit profile tool depicts the Account Manager and client code for a client.
Shared Services Profile
Accounting Profile
Corporate Profile
Onboarding Profile
Operational SOP's can be tracked using this profile.
Accounting Profile
Corporate Profile
Onboarding Profile
Operations Profile
This module depicts whether or not a client has a valid credit card on file with Park Street.
Client Status Tool
Billing Center
Chargebacks Manager
PSI Payments Manager
"FET" is an acrynym for this type of tax.
Freight Excise Tax
Federal Excise Tax
Foreign Economy Tax
Famous Entertainers Tax
This term refers to excessive storage charges at the destination port.
Chasis
Handling
Excise
Demurrage
US Customs governs all customs bonds in the US. This entity governs domestic bonds, or bonds held by US-based distillers, wineries or breweries.
FDA
FTC
TTB
SEC
This document is required for each import into the US.
Commercial Invoice
Certificate of Origin
Tax Receipt
Passport
International freight containers are available in the following 2 sizes.
30' & 50'
15' & 20'
20' & 40'
25' & 50'
This 3rd party provider is Park Street's main Customs Broker.
Overton & Co.
U.S. Customs
Esquire Logistics
Albatrans
This document is executed once a shipment departs its origin port.
Commercial Invoice
Certificate of Origin
Bill of Lading
ISF
This document is required to be filed at least 48 hours in advance of a container loading at its origin.
Bill of lading
ISF
Commerical Invoice
Tax Receipt
US Customs bonds have an expiration date of this many years.
2
5
10
25
This document permits the handling of bonded goods within a bonded warehouse for a specific purpose, for instance, a relabeling project.
Warehouse Permit
Bond Withdrawal
Bill of Lading
Manipulation Permit
The following is not an industry tier.
Manufacturer
Consumer
Retailer
Distributor
How many tiers are included in the alcoholic beverage industry?
3
10
21
4
The following two states require specific shipping locations to be registered as part of the state license.
California & New Jersey
Wisconsin & Massachusetts
Nevada & Iowa
Texas & Maine
The following is not a price posting state.
Rhode Island
Texas
New York
New Jersey
What are the two retail premise types?
Supplier and Wholesale Premise
On and Off Premise
State and City Premise
State and Local Premise
Park Street is referred to as which of the following when conducting a sale to a third-party distributor?
Retailer
Manufacturer
Wholesaler
Supplier
This refers to a sale made between a distributor and a retailer.
Depletion
Proceed
Transfer
Sample
In the majority of states, the distributor is responsible for paying this tax.
Federal Excise Tax
Sales Tax
State Excise Tax
Property Tax
What does the TTB stand for?
Tobacco Tax and Trade Bureau
Bureau of Alcohol Tobacco & Firearms
Federal Trade Commission
Alcohol and Tobacco Tax and Trade Bureau
These warehouses are licensed to store US Customs bonded product.
Western Carriers (NJ) & Pacific Wine Distributors (CA)
Western Carriers (NJ) & Western Wine (CA)
Miami Warehouse Logistics (FL) & Western Carriers (NJ)
None of the above
Breakage notifications received from our warehouses are processed in the following manner.
Request a cycle out of the inventory
Transfer product to breakage location group
Alert management
Process a breakage Sales Order to the appropriate warehouse
Park Street is required to report a delinquent retailer in FL on this day.
1 day after the due date
30th day following the end of the calendar week in which the delivery was made
10th day following the end of the calendar week in which the delivery was made
Never
Our warehouses will always require this in advance of new shipment arrivals.
Commerical invoice
Shipment/Container breakdown
COLAs
Purchase order
Issues or questions that require escalation should follow this hierarchy.
Team Leader --> Operations Manager --> General Manager
Team Leader --> CEO --> President
Team Member --> Team Leader --> General Manager
Operations Manager --> General Manager
This retail license status requires a check to be ready upon delivery.
COD
Active
No Sale
Pending
The following information is required when submitting an inventory adjustment request (cycle request) to Management.
Class; Code(s); Location; Current Case Count; Adjustment Amount; New Case Count; Reason for adjustment
Case Count; Codes; Location
Account Managers complete cycle requests
Class; Code(s); Location; Current Case Count; Adjustment Amount; New Case Count
Account Managers are responsible for conducting A/R follow-ups on overdue wholesale invoices that fall into this overdue aging bucket.
8-15 days overdue
50-100 days overdue
1-5 days overdue
30-45 days overdue
A client is required to provide this information when requesting product samples.
Product SKUs and quantities
Recipient information
Purpose of the samples
All of the above
Park Street does not hold a wholesale license in this market.
Texas
California
Florida
New York
Park Street was incorporated in this year.
1993
2000
2003
2010
Park Street does not have a warehouse in this location.
Houston
Rotterdam
Irwindale
Doral
Which of the following is not a Park Street client status?
Work Out Hostile
Live
Liquidation
Navigator Basic
Clients that are consistently billed above their monthly service fee are known as this.
Key clients
Case clients
Best clients
Jackpot clients
Park Street's Freight department is categorized into which of the following sub categories?
Local & Foreign
Distributor & Retailer
Domestic & International
Manufacturer & Supplier
Park Street's mission statement is.
To be a proactive and reliable solution provider that brings a great deal of professionalism and know-how to back-office operations.
To help emerging and established alcoholic beverage companies build and manage successful brands by providing innovative solutions and exceptional service.
To reduce costs, eliminate complexity, focus on growth
To inspire performance enhancements, service highlights, advisory services with our first-class team structure and excellent output
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