Blog

Plain-text accounting insights, tutorials, and updates from the Beancount.io team.

July 16, 20269 min read

Does Business Interruption Insurance Cover Cloud Outages? A Small-Business Guide to CBI Coverage

Standard business interruption insurance requires physical damage to your property, so a cloud outage like the October 2025 AWS or Azure incidents typically pays nothing. This guide explains how contingent business interruption (CBI) coverage works, the trigger language and 24–72-hour waiting periods to check, typical costs ($40–$130/month standalone), and the financial records you need to substantiate a claim.

Mike Thrift

insurancebusiness-insurancerisk-management

July 16, 20269 min read

Chaos Engineering Consultancy Bookkeeping: Separating Game-Day Revenue From Tooling Resale Margin

How chaos engineering consultancies should split resilience-audit, game-day facilitation, automation build-out, and tooling-resale revenue into separate ledger accounts — including ASC 606 agent-vs-principal treatment for license pass-throughs, deferred revenue on fixed-fee audits, and per-engagement-type margin tracking.

Mike Thrift

bookkeepingconsultingchart-of-accounts

July 16, 20269 min read

Cap Table Mistakes Before Series A: The Option Pool Shuffle, Vesting Traps, and Stacked SAFEs

Before a Series A term sheet arrives, founders should check three specific cap table failure points — a pre-money option pool shuffle that dilutes only founders, missing or over-vested founder equity, and stacked SAFEs with unmodeled conversion terms — each of which can delay or derail a raise.

Mike Thrift

startupequity-instrumentsfundraising

July 16, 20268 min read

Cannabis Schedule III Rescheduling: What 280E Tax Relief Actually Means for Your Dispensary

On April 22, 2026 the DOJ moved certain state-licensed medical marijuana products from Schedule I to Schedule III, ending Section 280E's ban on ordinary business deductions for qualifying operators — while recreational-only dispensaries remain fully subject to 280E's COGS-only tax treatment.

Mike Thrift

cannabistaxtax-deductions

July 16, 20266 min read

California's SB 440 Prompt Payment Law: 30-Day Deadlines and 24% Interest on Unpaid Change Orders

California's SB 440, effective January 1, 2026, gives private-project owners 30 days to respond to a change order claim and 60 days to pay the undisputed portion — or owe 2% monthly interest (24% a year). Here's how the law works, how it compares to other states, and how contractors should track the deadlines in their books.

Mike Thrift

californialegalcompliance

July 16, 202610 min read

California's 2026 Privacy Rules Now Cover Employee Payroll, Biometric, and Health Data

California's CPRA now covers employee, applicant, and contractor data, and regulations effective January 1, 2026 require risk assessments before high-risk HR uses like biometric time clocks and AI resume screening, with automated-decision-making notice and opt-out rules phasing in by 2027.

Mike Thrift

privacycaliforniacompliance

July 16, 20266 min read

Business Owner's Policy (BOP): What the Bundle Covers, What It Costs, and What It Leaves Out

A Business Owner's Policy bundles general liability, commercial property, and business income coverage at 10–15% less than buying them separately — median premiums run $57–$83/month. Here's who a BOP fits, the exclusions that catch owners off guard, and why clean books determine how much a business income claim actually pays.

Mike Thrift

business-insuranceinsurancerisk-management

July 16, 20268 min read

Bhutan's New 5% GST: What Small Businesses and Foreign Sellers Need to Know

On January 1, 2026, Bhutan replaced its nine-rate sales tax (0%–100%) with a flat 5% GST. Registration is mandatory above Nu 5 million (~$58,000) annual turnover — and the rules explicitly cover non-resident SaaS and digital sellers, with a 30-day registration window and a reverse-charge carve-out for verified B2B sales.

Mike Thrift

taxsales-taxtax-compliance

July 16, 20269 min read

The B2B Late Payment Crisis: A 2026 Collections Playbook for Small Businesses

In 2026, 92% of businesses are typically paid after their invoice due date and 59% of small businesses have an invoice overdue by 30+ days, up from 47% a year earlier — this guide breaks down the numbers and a five-step collections playbook to protect cash flow.

Mike Thrift

accounts-receivablecash-flowinvoicing

July 16, 20268 min read

B2B Buy Now, Pay Later: How Embedded Net Terms Are Changing Cash Flow for Small Business Suppliers

B2B BNPL providers pay suppliers 100% of invoice value up front while buyers keep their net-30 to net-90 terms, moving default risk off the supplier's books. With bad debt averaging ~8% of credit sales and the market projected to grow from $204 billion in 2025 to $466 billion by 2030, here's how the model works, what it costs, and how to record financed invoices correctly.

Mike Thrift

cash-flowaccounts-receivablebad-debt

July 16, 20269 min read

Amazon's Business Credit Cards Moved to U.S. Bank: The $150,000 Rewards Cap and the August 14 Deadline

Amazon switched business credit cards to U.S. Bank, ending Amex on August 14, 2026. Learn the $150,000 rewards cap, new 5% cash back, and how to activate your

Mike Thrift

amazonbusiness-creditcredit

July 16, 20267 min read

Alaska's Minimum Wage Hits $14 in July 2026: What Small Employers Need to Budget For

Alaska's minimum wage rose to $14 an hour on July 1, 2026 under Ballot Measure 1, with no tip credit allowed and a jump to $15 in 2027 followed by permanent CPI-indexed increases starting 2028.

Mike Thrift

small-businesspayrollfinancial-planning

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