
Custom Picture Framing Shop Bookkeeping: ASC 606 Deposits, WIP Inventory, Section 179 Equipment, and Unclaimed Frame Escheat
How custom frame shops should structure their books — ASC 606 revenue recognition at pickup rather than deposit, WIP inventory valuation under Section 471, Section 179 expensing for mat cutters and underpinners, state escheat reporting for unclaimed frames, and the per-square-foot KPIs (conservation glass attach rate, labor productivity, average ticket) that distinguish profitable shops.










