Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Divide fixed costs by contribution margin per billable hour to get your break-even — then test it against realistic 65–70% utilization before you quote.
Section 1245 taxes equipment-sale gains as ordinary income up to the depreciation claimed — with 100% bonus, the whole sale can be recapture.
IRS Notice 2026-11 locks in permanent 100% bonus depreciation for property acquired after Jan 19, 2025, with bigger Section 179 and expensable factories.
Bank reconciliation proves your cash balance monthly: match outstanding checks, deposits in transit, fees, and NSF items before the IRS notices the gap.
Automated matching cuts the average 6.1-day close to 3.4 days — connect bank feeds, match daily, and clear every exception before month-end.
Section 280A(g) excludes rent for 14 or fewer home-rental days — but the business deduction needs fair market rent, a business purpose, and a paper trail.
Under U.S. GAAP, a same-lender refinance is an extinguishment when cash flows differ by 10% or more — otherwise it is a modification with a new rate.
XeroForce turns plain-English prompts into bookkeeping agents with sign-offs and audit trails — start with one workflow, measure the payoff, then expand.
Xero Ultra adds multi-entity consolidation, scenario forecasting, and stronger controls on the same platform — for 20-to-200-employee businesses skipping ERP.
CCC equals DIO plus DSO minus DPO — top performers run a 39-day cash conversion cycle versus 63 at the bottom. Collect faster, hold less, pay smarter.
Contribution margin per unit is revenue minus variable cost — slice it by product, channel, and customer to see which slices earn their keep.
England now rates RHL premises at 38.2p and 43p — 5p below standard — with a 50.8p top tier funding the cut; check your 2026 valuation before you pay.
