#chart-of-accounts

Chart of Accounts

Design and organize your account hierarchy for effective financial tracking

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20 юли 2026 г.

Cotton Gin Bookkeeping: Costing the Per-Bale Ginning Fee, Cottonseed Byproduct Revenue, and Module Truck Hauling

USDA's latest survey put average ginning cost at $49.31 per bale in 2022, up 106% in three years. This guide shows how a cotton gin should structure its books — unbundling the per-bale ginning fee into receiving, drying, pressing, and bagging cost centers, booking cottonseed (15–20% of per-bale gross revenue) as a separate product line, and breaking module truck hauling out as its own transportation charge.

mike

bookkeepingfarmingseasonal-business

20 юли 2026 г.

Daycare and Childcare Center Bookkeeping: Taming Tuition, Meal Reimbursements, and Subsidy Payments That Never Arrive on Time

Childcare centers juggle three payers on three different clocks — private tuition, CACFP meal reimbursements, and state subsidies that pay 30–60 days after care is provided. This guide covers a classroom-level chart of accounts, automated advance tuition billing (roughly 90% on-time payment versus 50–60% for manual invoicing), CACFP meal-count documentation, and sizing a cash reserve to your actual subsidy lag.

mike

bookkeepingsmall-businesscash-flow

20 юли 2026 г.

Fishing Charter Bookkeeping: Why Fuel and Bait Are COGS and Your USCG License Deserves Its Own Line Item

A well-run fishing charter nets roughly a 25% margin even when booked solid. This guide shows how to structure a charter's books — classify fuel, bait, and ice as cost of goods sold for per-trip margins, track the $1,300–$1,600 USCG six-pack license and its five-year renewal cycle, and accrue maintenance reserves per engine hour to survive the off-season.

mike

bookkeepingsmall-businesscost-of-goods-sold

20 юли 2026 г.

Medical Billing Company Bookkeeping: Why the Money in Your Bank Account Isn't Your Revenue

Medical billing companies are agents under ASC 606: revenue is the 4–8% fee on collections, not the gross payments passing through. How to book pass-through cash as a liability, build a chart of accounts around fee income, and track clean-claim rate, denial rate, and days in A/R as leading indicators.

mike

bookkeepinghealthcarerevenue-recognition

20 юли 2026 г.

Bookkeeping for Medical Billing Services: How Claim Denials Hit Your Own Cash Flow

Initial claim denial rates reached 11.8% in 2026, and billing services paid 4–10% of collections absorb every denial in their own books. A practical guide to recognizing fee revenue when claims actually pay, tracking denial rework as a separate cost, segregating client trust funds, and building a chart of accounts for a contingent-fee business.

mike

healthcarebookkeepingsmall-business

20 юли 2026 г.

Pottery Studio Bookkeeping: How to Cost Kiln Firings, Glaze, and Clay for True COGS

A ceramics studio's true cost per piece includes two kiln firings, labor, 12–15% clay shrinkage, and a 5–15% failure allowance — not just $1 of clay. Here's the six-line COGS breakdown, per-firing kiln allocation, and the deferred-revenue treatment for classes and memberships.

mike

bookkeepingsmall-businesscost-of-goods-sold

20 юли 2026 г.

Private-Label Pet Food Bookkeeping: Costing a Co-Packer's Formulation Fees, MOQs, and Recall Reserves Before You Ever Sell a Bag

Private-label pet food carries costs no co-packer invoice shows — kibble MOQs of 20,000–40,000 lbs, per-state AAFCO registration fees from $30 to $3,500 a year, and recall exposure running 3–5× direct costs. How to structure a chart of accounts, amortize per-SKU formulation fees, and fund a recall reserve before your first production run.

mike

bookkeepingsmall-businessmanufacturing

19 юли 2026 г.

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.

mike

nonprofitbookkeepingchart-of-accounts

19 юли 2026 г.

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.

mike

bookkeepingsmall-businesschart-of-accounts

19 юли 2026 г.

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.

mike

bookkeepingsmall-businessrestaurant

19 юли 2026 г.

Urgent Care Clinic Bookkeeping: Why One Wrong Code Can Sink a Month's Revenue

Urgent care bookkeeping hinges on details generic templates miss: the POS-20 place-of-service code that sets the reimbursement rate (and triggers denials at payers who contract clinics as offices), denial-reason tracking for the ~60% of billing work that happens after claim submission, and Section 179's $2,560,000 limit plus permanent 100% bonus depreciation for X-ray and lab equipment in 2026.

mike

healthcarebookkeepingsmall-business

18 юли 2026 г.

Sale Barn Bookkeeping: How Livestock Auctions Must Handle Custodial Trust Accounts Under the Packers and Stockyards Act

Livestock auction markets are federal fiduciaries under the Packers and Stockyards Act — custodial accounts must be funded by the next business day, reimbursed in full within seven days, and reconciled monthly. This guide covers the chart of accounts a sale barn needs, how the required surety bond is calculated from sale volume, and why Beef Checkoff and brand-inspection fees must stay out of revenue.

mike

bookkeepingcompliancefiduciary

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