Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Points on rental and business property are prepaid interest that must be amortized per scheduled payment, not per year — $4,800 on a 20-year loan is $20 a payment, so a 3-payment first year deducts $60. Refinancing with the same lender blocks the write-off of leftover points and rolls them into the new loan's term.
A mobile welder quoting $90 an hour often spends $20–$35 of every arc hour on shielding gas, wire, and abrasives alone. This guide shows how to book consumables as direct job costs, build a true cost per arc hour, price the non-arc hours around it, and keep the rig, mileage, and Section 179 records that hold up at tax time.
Medtronic Q1 FY2027: $9.756B revenue (+13.7%), GAAP net income $1.470B, EPS $1.14, Cardiac Ablation +88%, and a raised FY27 guide — tracked in a public Beancount ledger that keeps the real 14-week period end and states the release’s ~$570M extra-week estimate.
Marvell's Q2 FY2027 (ended August 1, 2026) posted record revenue of $2.739B (+37% YoY) and data-center revenue of $2.172B (+46%), yet GAAP net income of $308M was barely a third of the $866M non-GAAP figure. The $558M gap — $326M stock-based compensation plus $215M acquired-intangible amortization — is reconciled line by line in a public Beancount ledger.
Lululemon FY2026 Q2: net revenue $2.416B (−4%), comparable sales −9% with Americas at −12%, and net income $329M (−11%). The 60.5% gross margin includes 560 basis points from $134.5M of IEEPA tariff refunds, inventories sit at $1,711M near the cycle high, and full-year guidance was cut to $10.35–10.5B — all tracked in a public Beancount ledger spanning FY2021–FY2026Q2.
Offering layaway for holiday 2026 lets retailers keep the full ticket price instead of paying 4-6% BNPL merchant fees — but deposits must be booked as liabilities until pickup, every fee disclosed in writing before the first payment, and sales tax timed to delivery. This guide covers the accounting entries, state disclosure rules, and the layaway-versus-BNPL math.
Kroger posted $34.6B in Q2 FY2026 sales (+2.0%) and $641M net earnings, but identical sales without fuel rose just 0.2% and full-year identical-sales guidance was cut to 0.2%–0.8% while adjusted EPS of $5.10–$5.30 was reaffirmed. We rebuild the quarter in a Beancount ledger to show how pharmacy, fuel, media, and eCommerce carry a 1.9%-net-margin grocer.
Intuit's fiscal 2026 (ended July 31, 2026) closed with $21.4B of revenue (+14%), $4.6B of GAAP net income, and operating margin at 27% — while $5.5B of buybacks (+96% YoY) and a 15% dividend raise pushed stockholders' equity down to $19.0B. Every period from FY2022 through the audited FY2026 annual is asserted in a public Beancount ledger.
A federal termination for convenience is not a lost contract — it is a settlement claim. This guide covers the three deadlines (120 days for inventory schedules, one year for the final proposal, 90 days for an equitable adjustment), the four cost buckets plus recoverable settlement expenses, the SF 1435/1436/1438/1439 forms, and the cost segregation that decides how much you actually recover.
GameStop earned $298.7 million of net income on $790.2 million of net sales in FY2026 Q2 — a record $160.2 million of second-quarter operating income, with the rest driven by a $4.9 billion eBay stake and $5.4 billion of cash, marketable securities, and digital assets, reconciled line by line in a public Beancount ledger.
The FTC's December 2025 Instacart settlement priced three common practices at $60 million in refunds — "free delivery" with a mandatory service fee, a satisfaction guarantee paid out in credits, and trials converting without express consent — and this checklist maps each allegation onto disclosure, guarantee, and ROSCA subscription rules small businesses must follow.
The March 16, 2026 FMCSA final rule limits non-domiciled CDLs to H-2A, H-2B, and E-2 drivers with SAVE verification, roadside English-proficiency failures are out-of-service violations, and penalties for permitting a disqualified driver to operate top $23,000 each — here are the five checks carriers and brokers should run before every dispatch.
