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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

1630 публикацииВижте всички етикети
Bookkeeping for Wildlife Rehabilitation Centers: Fund Accounting When You Can't Charge for Care
·mike

Bookkeeping for Wildlife Rehabilitation Centers: Fund Accounting When You Can't Charge for Care

Most states bar wildlife rehab centers from charging for care, so every dollar is a donation—and raising one raccoon still costs about $500. How fund accounting under ASU 2016-14, per-animal cost tracking, and permit-mandated intake logs fit together for donation-only nonprofits.

nonprofit
bookkeeping
compliance
WordPress Plugin & Theme Bookkeeping: License Renewals, Merchant-of-Record Tax, and Reconciling Envato, Freemius, and Stripe Payouts
·mike

WordPress Plugin & Theme Bookkeeping: License Renewals, Merchant-of-Record Tax, and Reconciling Envato, Freemius, and Stripe Payouts

Envato's July 1, 2026 move to a flat 50% author revenue share replaces tiered rates that ran as high as 87.5%, and it exposes a deeper bookkeeping gap for WordPress plugin and theme businesses selling across Envato, Freemius, and direct Stripe checkout — gross revenue, marketplace fees, and license-renewal deferred revenue all need separate tracking, not one blended bank-deposit number.

plugins
revenue-recognition
sales-tax
The Yellowstone Capital Settlement: What $534 Million in Canceled MCA Debt Teaches Small Businesses
·mike

The Yellowstone Capital Settlement: What $534 Million in Canceled MCA Debt Teaches Small Businesses

New York's $1.065 billion settlement with Yellowstone Capital canceled $534 million in small-business MCA debt for over 18,000 merchants — but canceled debt is generally taxable income unless you can claim an exclusion like insolvency, so here's how to spot an illegal MCA and get your books ready.

merchant-cash-advance
small-business
bookkeeping
Bookkeeping for Assistance Dog Training Nonprofits: Tracking a $25,000 Dog Across a Two-Year Pipeline
·mike

Bookkeeping for Assistance Dog Training Nonprofits: Tracking a $25,000 Dog Across a Two-Year Pipeline

Producing one service dog costs $25,000–$60,000 over an 18–24-month cycle. How assistance dog nonprofits should structure per-dog cost centers, record breeding-cooperative puppy exchanges at fair value, apply GAAP (ASC 958-605) to puppy-raiser volunteer time, and release restricted sponsorships on the same timeline as expenses.

nonprofit
bookkeeping
chart-of-accounts
Chrome Extension Developer Bookkeeping: Reconciling Payouts After Google Killed In-App Payments
·mike

Chrome Extension Developer Bookkeeping: Reconciling Payouts After Google Killed In-App Payments

Google deprecated Chrome Web Store Payments in 2021, leaving extension developers to reconcile Stripe, Paddle, or ExtensionPay payouts by hand — here is a three-way match workflow, per-extension ledger structure, and how to treat review-delay refund spikes as a distinct bookkeeping category.

reconciliation
saas
payments
Church Fund Accounting: How to Manage Restricted and Unrestricted Funds
·mike

Church Fund Accounting: How to Manage Restricted and Unrestricted Funds

An estimated $86 billion is lost to fraud inside churches worldwide each year, and most of it starts with one bookkeeping mistake — treating restricted and unrestricted funds as one pool. This guide explains how FASB ASC 958 classifies donor-restricted gifts, the three errors that get church treasurers in trouble, and the monthly habits that keep ministry books compliant and transparent.

nonprofit
bookkeeping
compliance
Colorado's Tamale Act: What HB26-1033 Means for Cottage Food Businesses
·mike

Colorado's Tamale Act: What HB26-1033 Means for Cottage Food Businesses

Colorado's HB26-1033, the "Tamale Act," legalizes home-kitchen sales of tamales and other temperature-sensitive foods starting January 1, 2027, and raises the cottage food revenue cap from $10,000 to $150,000 per product per year. Here are the food-safety, labeling, and transport rules producers must meet — and the bookkeeping needed to run at the new scale.

small-business
compliance
legal
Bookkeeping for Commercial Composting and Food-Waste Haulers: Tipping Fees, Volume Contracts, and Diversion Savings
·mike

Bookkeeping for Commercial Composting and Food-Waste Haulers: Tipping Fees, Volume Contracts, and Diversion Savings

With landfill tipping fees averaging $35–125 per ton and rising 3–7% annually, food-waste haulers and composting operators need books that separate revenue by contract type, track tipping fees by disposal site, and isolate contamination costs — here is a chart-of-accounts structure that makes landfill-diversion savings pitches defensible.

bookkeeping
small-business
chart-of-accounts
When Your Company's Tax Bill Becomes Yours: The Federal Priority Statute and Officer Personal Liability
·mike

When Your Company's Tax Bill Becomes Yours: The Federal Priority Statute and Officer Personal Liability

A federal court held a non-owner corporate officer personally liable for $1,880,987.96 of a company's tax debt under 31 U.S.C. § 3713, the Federal Priority Statute, because he helped pay other creditors while the insolvent company owed the IRS. Here is how the doctrine works, who is exposed, and a practical checklist for winding down an insolvent business.

tax
tax-compliance
legal
Fixed Asset Turnover Ratio, Explained: Is That New Equipment Actually Pulling Its Weight?
·mike

Fixed Asset Turnover Ratio, Explained: Is That New Equipment Actually Pulling Its Weight?

The fixed asset turnover ratio — net sales divided by average net fixed assets — measures revenue generated per dollar of PP&E. Capital-intensive businesses typically run 1–3, asset-light ones 5+, and the trend matters more than the level. Here's how to calculate it, benchmark it, and avoid the bookkeeping errors that distort it.

financial-ratios
fixed-assets
depreciation
Food Truck Bookkeeping: Food Cost Percentage, Commissary Fees, and Daily Cash Drops
·mike

Food Truck Bookkeeping: Food Cost Percentage, Commissary Fees, and Daily Cash Drops

Food trucks average about $346,000 in annual revenue but net only 6-9% margins. This guide covers the three numbers that decide profitability: keeping food cost between 28% and 35%, breaking commissary invoices ($300-$1,500/month) into trackable sub-accounts, and reconciling the cash drawer after every service.

bookkeeping
small-business
restaurant
FSIS Overtime and Holiday Inspection Fee Refunds: How Small Processors Claim the FY2026 Reduction
·mike

FSIS Overtime and Holiday Inspection Fee Refunds: How Small Processors Claim the FY2026 Reduction

FSIS is using $20 million in FY2026 funds to cut overtime and holiday inspection fees 30% for small and 75% for very small meat, poultry, and egg establishments, retroactive to October 5, 2025. Here's how to file Form 5200-16 and why the refund should be booked as an expense credit, not revenue.

small-business
compliance
refund-management
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