#bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows
Noncash gifts over $500 require Form 8283 and over $5,000 require a qualified appraisal — and every single gift of $250 or more needs a contemporaneous acknowledgment letter before the return is filed.
Corporate card and expense platforms in 2026 now auto-match receipts via OCR, enforce spend controls at authorization, and sync to your books — with free tiers funded by interchange and paid plans at $5–$15 per user unlocking advanced approvals and ERP mapping.
A camper van conversion shop that installs living-space modules on incomplete chassis is a final-stage manufacturer, not a services business: the chassis is WIP inventory, certification costs are manufacturing overhead, and deposits stay contract liabilities until ASC 606 over-time recognition turns cost-to-cost progress into revenue.
Percentage rent by vendor (8–15% of gross sales, booked as ASC 842 variable lease income), CAM pools with annual true-ups, and one POS settlement split across a dozen merchants — the account structure a food hall operator needs, plus the benchmarks (revenue per square foot, bar share, occupancy) that show a hall is working.
Micro-SaaS and API businesses at 70%+ gross margins still need accrual accounting — how to structure hybrid subscription-plus-overage and credit-pack billing, reconcile Stripe and Merchant of Record payouts to gross revenue, and keep deferred revenue, COGS, and processor fees audit-ready.
New Jersey's Family Leave Act drops to 15 employees and 250 hours on July 17, 2026 — learn who is newly covered, how NJFLA differs from FMLA and NJ Family Leave Insurance, and the handbook, payroll, and job-restoration steps small employers must complete.
New York's Prompt Payment Act amendment voids private construction contract clauses that retain more than 5%, requires retainage release within 30 days of final approval, and adds 1% monthly interest on late amounts — here is how contractors should fix their contracts, book retainage as a contract asset under ASC 606, and run a 30-day closeout.
Nonprofit thrift store bookkeeping covers the fair value and sold-price methods for donated inventory, IRS Publication 561 receipt thresholds, the roughly 85% volunteer-labor and donated-merchandise UBIT exclusions, and when Form 990-T filing is required.
PayPal's instant transfer fee rises from 0.99% to 1.50% on August 1, 2026 — a 51% increase. Learn what it costs on real invoice sizes, when instant is still worth it, and how to rebudget recurring invoices and book gross versus net correctly.
Online sellers, dropshippers, and Amazon FBA merchants sit inside the strict-liability distribution chain even when they never touch the goods. This guide covers Amazon's $1 million insurance requirement, the gaps standard policies leave — recalls, fines, claims-made traps — and the bookkeeping records that make an eighteen-month-old claim survivable.
On July 4, 2026, the SBA doubled its combined 7(a)/504 borrowing ceiling from $5 million to $10 million. This guide explains how the stacking works, which limits stayed in place, and the loan-tracking bookkeeping a $10 million capital structure demands.
Amazon KDP's 1099-MISC (issued at just $10 in royalties) reports payments on Amazon's calendar — not your income. KDP dashboard earnings, bank deposits, and the 1099 never match because of 60-day payout lags, returns, and Kindle Unlimited fund allocations, and IngramSpark sends no tax form at all. A monthly per-platform, per-title close reconciles all three and documents the differences as timing items before Schedule C.
