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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

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Indoor Skydiving Wind Tunnel Facility Bookkeeping: A Financial Guide
·mike

Indoor Skydiving Wind Tunnel Facility Bookkeeping: A Financial Guide

A recirculating wind tunnel costs $7-10 million to build, and running one full-speed at 230 km/h can draw over 570 kW, making electricity, not rent or payroll, the largest line item on most indoor skydiving facilities' income statements.

entrepreneurship
small-business
seasonal-business
Locum Tenens Taxes and Bookkeeping: A Complete Guide for 1099 Clinicians
·mike

Locum Tenens Taxes and Bookkeeping: A Complete Guide for 1099 Clinicians

Locum tenens and travel-healthcare clinicians are 1099 contractors who owe 15.3% self-employment tax, must establish a valid IRS tax home to deduct travel costs, and often file non-resident state returns for every state where they worked.

healthcare
self-employment-tax
self-employment
The Machine Shop Bookkeeping Guide: Job Costing, WIP, and Real Margins
·mike

The Machine Shop Bookkeeping Guide: Job Costing, WIP, and Real Margins

Machine shops that track only labor and materials miss the two costs that decide whether a job is profitable — machine overhead and work in process — so aggregate revenue looks healthy while a third of jobs quietly lose money.

manufacturing
job-costing
inventory
Meal Prep Delivery Bookkeeping: Why Your COGS Might Secretly Be Over 100% of Revenue
·mike

Meal Prep Delivery Bookkeeping: Why Your COGS Might Secretly Be Over 100% of Revenue

Meal prep and meal-kit subscriptions must defer prepaid revenue until meals are delivered and roll packaging, delivery, labor, and spoilage into COGS — early-stage operators who skip this often find total COGS above 55%, sometimes exceeding 100% of revenue on specific SKUs.

cost-of-goods-sold
accrual-accounting
recurring-transactions
Mobile Car Detailing Bookkeeping: Chemical COGS, Mileage, and Equipment Depreciation
·mike

Mobile Car Detailing Bookkeeping: Chemical COGS, Mileage, and Equipment Depreciation

A $150 mobile detail costs $15-$20 in chemicals plus fuel, equipment wear, and unbilled quote time; tracking cost-per-job, the 72.5-cent 2026 IRS mileage rate, Section 179 equipment write-offs, and profit-per-drive-hour reveals whether a detailing business is actually as profitable as its revenue suggests.

mobile-detailing
cost-of-goods-sold
tax-deductions
QuickBooks Desktop 2023 Support Has Ended: What Broke, What Didn't, and How to Migrate
·mike

QuickBooks Desktop 2023 Support Has Ended: What Broke, What Didn't, and How to Migrate

Intuit discontinued QuickBooks Desktop 2023 on May 31, 2026 — payroll tax tables froze, bank feeds disconnected, and security patches stopped. What still works, four migration paths with current pricing, and a step-by-step checklist for a clean cutover.

quickbooks
migration
accounting-software
Shoe Repair & Cobbler Shop Bookkeeping: Job Costing, Materials, and Tax Guide
·mike

Shoe Repair & Cobbler Shop Bookkeeping: Job Costing, Materials, and Tax Guide

U.S. shoe repair revenue is roughly $315.6 million and shrinking about 2% a year since 2020, yet job costing, split inventory tracking, and correct sales-tax treatment of repair labor are what let surviving cobbler shops price resoles profitably and diversify into leather goods and wholesale work.

small-business
bookkeeping
cost-of-goods-sold
App Store External Purchase Links: The 2026 Accounting Guide for iOS Developers
·mike

App Store External Purchase Links: The 2026 Accounting Guide for iOS Developers

US iOS developers can currently run external purchase links at 0% Apple commission while courts settle a replacement rate. This guide covers the bookkeeping fallout — the merchant-of-record shift, sales tax nexus, reconciling two 1099s, and Apple's 15-day transaction reporting rule.

bookkeeping
tax-compliance
sales-tax
Bootstrapped SaaS Valuation Multiples in 2026: What Indie Founders Actually Get on Acquire.com
·mike

Bootstrapped SaaS Valuation Multiples in 2026: What Indie Founders Actually Get on Acquire.com

2026 data from 600+ Acquire.com listings shows bootstrapped SaaS selling at roughly 2.6x TTM revenue and 10.7x profit — a 30–50% discount to public comps. Here's how NRR, CAC payback, customer concentration, and reconciled books move your multiple, and the diligence documents buyers actually request.

saas
business-acquisition
indie-hackers
Executor Accounting: What Fiduciary Duty Requires You to Show Beneficiaries
·mike

Executor Accounting: What Fiduciary Duty Requires You to Show Beneficiaries

An executor is a fiduciary, which means beneficiaries have a legal right to a formal accounting of every dollar that moved through an estate — and failing to produce one can trigger removal or personal liability, regardless of whether any money was actually mishandled.

estate-planning
fiduciary
legal
Florida's New Protected Series LLC Law: One Master LLC or Five Separate Ones?
·mike

Florida's New Protected Series LLC Law: One Master LLC or Five Separate Ones?

Florida's Uniform Protected Series Provisions (SB 316) took effect July 1, 2026, letting one LLC split into multiple liability-shielded "protected series" — a cost and bookkeeping comparison against forming a separate standalone LLC per property.

real-estate
property-management
business-structure
Private Equity Roll-Ups in HVAC and Plumbing: What Your Business Is Actually Worth
·mike

Private Equity Roll-Ups in HVAC and Plumbing: What Your Business Is Actually Worth

Small HVAC and plumbing shops sell for 2.0x–3.5x SDE while assembled PE platforms exit at 17x–20x EBITDA — that multiple arbitrage powers the roll-up wave. Here's what determines your number, why $200K of rejected add-backs can cost $1.3M at closing, and how clean books protect your price.

small-business
trades
business-acquisition
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