#bookkeeping
Bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows
Laundromat Bookkeeping: Coin, Card, and Mobile-Pay Reconciliation, Utility COGS, and Section 179
A bookkeeping framework for coin-op and wash-dry-fold laundromats — channel-separated revenue, utilities tracked as COGS, per-machine profitability, Section 179 timing on equipment refreshes, and cash controls that surface both theft and failing machines.
Roofing Contractor Bookkeeping for Storm Restoration: ACV, RCV, Mortgage-Endorsed Checks, Supplements, and Warranty Reserves
A working guide to bookkeeping for storm-restoration roofers — splitting insurance and retail revenue, tracking ACV and recoverable-depreciation receivables, modeling mortgage-endorsement float, booking supplements as scope adjustments rather than new sales, accruing 1–3 percent workmanship warranty reserves, and applying Section 179 to trucks, dumpsters, and tear-off equipment.
Specialty Mushroom Farm Bookkeeping: A Practical Guide for Indoor Cultivators
A working guide for indoor gourmet mushroom growers — Schedule F treatment, the Section 263A pre-productive-period exception, a mushroom-specific chart of accounts, flush-by-flush yield tracking, channel-by-channel margins, Section 179 depreciation on fruiting chambers, and ASC 606 deferred revenue for CSAs and workshops.
Title Insurance and Settlement Agent Bookkeeping: ALTA Best Practices, Three-Way Reconciliation, and the Compliance Realities of Closing Other People's Money
How title insurance agencies and settlement firms keep escrow trust books — three-way daily reconciliation, ALTA Best Practices controls, premium remittance liability tracking, RESPA Section 8 compliance, and the wire-fraud controls that survive a state department of insurance audit.
Wedding and Event Venue Bookkeeping: Deferred Revenue, Pass-Through Catering, and Per-Saturday Profitability
A practical guide to bookkeeping for wedding and event venues, covering ASC 606 deferred revenue on booking deposits, the principal-versus-agent test for pass-through catering and bar, refundable damage deposit liabilities, per-Saturday fixed-cost allocation, and cancellation reserves.
AIA-Style Progress Billing With Forms G702 and G703: A Contractor's Guide to Schedule of Values, Retainage, Change Orders, and ASC 606
How AIA Forms G702 and G703 work together, how to build a defensible schedule of values, handle retainage and change orders on the continuation sheet, and reconcile progress billings to ASC 606 revenue recognition for U.S. general contractors.
Car Wash Bookkeeping: ASC 606 Deferred Revenue, Cost per Car, and 15-Year MACRS Tunnel Depreciation
How express car washes should recognize unlimited membership revenue ratably under ASC 606, allocate variable cost per car across water, electricity, and chemicals (~$1.50/car target), and depreciate tunnel equipment under 15-year MACRS with cost segregation and bonus depreciation.
Commercial Drone Photography Bookkeeping: Part 107, Section 179, Battery Cycles, and Stock Footage Royalties
How to set up books for a Part 107 commercial drone business — separate revenue lines by service type, capitalize airframes and payloads as distinct assets, track per-flight battery cycles as cost of service, and apply the 2025 permanent 100% bonus depreciation under OBBBA.
Form 1099-NEC Filing Season 2026: $2,000 Threshold, IRIS E-Filing, and How to Avoid Stacked Penalties
For tax year 2026, the 1099-NEC reporting threshold rises from $600 to $2,000 and the IRS replaces FIRE with the IRIS portal. A practical workflow for W-9 collection, TIN matching, backup withholding, e-filing, and avoiding per-form penalties that stack under §6721 and §6722.
How Long to Keep Business Records: A Plain-English Retention Schedule Tied to the IRS Statute of Limitations
The IRS retention clock varies by record type — three years for routine returns, four for employment tax, six when income is understated by more than 25%, seven for bad-debt and worthless-securities losses, and indefinite for unfiled or fraudulent returns. A defensible schedule built on the statute of limitations, Rev. Proc. 97-22 electronic-records rules, and DOL and OSHA overlays.
Non-Medical Home Care Agency Bookkeeping: Payer Mix, EVV Compliance, Caregiver Classification, and Surviving Medicaid Audits
How non-medical home care agencies should structure a payer-segmented chart of accounts, reconcile EVV data under Section 12006 of the 21st Century Cures Act, classify caregivers as W-2 employees, manage aging receivables across Medicaid, VA, and LTC insurance payers, and prepare documentation that survives a Medicaid post-payment audit.
Pawn Shop Accounting: Pawn Loans, Forfeited Collateral, Firearms Compliance, and the $10,000 BSA Rule
A working guide to pawn shop bookkeeping — how to record pawn loans as receivables, accrue service charges, transfer forfeited collateral to inventory at principal, comply with ATF Form 4473 rules on firearms redemption, and file Form 8300 when cash crosses $10,000.