#bookkeeping
Bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows
KPMG Australia Cut Partner Pay 20% Over an Ethics Scandal. Here's How to Vet Your Own Accountant.
KPMG Australia is preparing to cut over 1,000 of roughly 10,000 jobs and reduce partner pay by up to 20% after admitting it mishandled a 2024 whistleblower complaint alleging misuse of confidential client data. The same five independence threats behind the scandal — self-interest, self-review, advocacy, familiarity, and intimidation — apply to any local CPA firm, and this guide covers the red flags plus a five-step due-diligence checklist (license lookup, peer review report, references, commission disclosure, engagement-letter scope) for vetting your own accountant.
New Jersey Just Made Family Leave a Small-Business Problem: What the July 17 NJFLA Expansion Actually Requires
New Jersey's Family Leave Act drops its employer-coverage threshold from 30 to 15 employees on July 17, 2026 (then 10 in 2027 and 5 in 2028), while employee eligibility shortens from 12 months/1,000 hours to 3 months/250 hours worked.
Pet Waste Removal Business Bookkeeping: Route Density, Deferred Revenue, and the Real Unit Economics
Pet waste removal services gross $20–$45 per visit at ~50% gross and ~20% net margins, with top operators reporting $2M+ in annual revenue. This bookkeeping guide covers the metrics that actually decide profitability — revenue per route-hour, deferred revenue on prepaid subscriptions, and separating residential cash flow from invoiced commercial contracts.
The SBA's 90% Grocery Guarantee: A Financing Guide for Small Grocers and Food Businesses
The SBA's 90% Grocery Guarantee, launched May 2026, raises the federal guarantee on food-supply-chain loans from 75% to 90% — up to $5 million over 25 years — and approved $30 million in its first month. Here's who qualifies, how it differs from a standard 7(a) loan, and what lenders need to see in your books before you apply.
The SBA's New 90% Grocery Guarantee: A Financing Lifeline for Small Grocers and Food Suppliers
The SBA's 2026 Grocery Guarantee raises its loan guarantee from 75% to 90% for roughly 20 qualifying food-supply-chain NAICS codes, covering loans up to $5 million with terms up to 25 years, and backed 19 loans totaling more than $30 million in its first month.
Connecticut's Shrinkflation Disclosure Law (HB 6856): What Small Food Businesses Need to Know
Connecticut's HB 6856 would be the first US state law to regulate shrinkflation, requiring food manufacturers to post a clear notice for 12 months whenever they shrink a product without cutting its price — enforced as an unfair trade practice by the state Attorney General. Here's who the bill covers, the slack-fill litigation risk that already exists, and how to keep COGS and margin records accurate through a package resize.
Snow Cone and Shaved Ice Truck Bookkeeping: Pricing and Cash Flow for a Four-Month Season
A snow cone costs $0.15–$1.25 to make and sells for $2–$5, but that 200–300% margin only covers costs if fixed expenses like truck payments and insurance are spread across a realistic 12–16 week selling season instead of a full year.
South Dakota's New Nicotine Licenses: What SB 221 and HB 1220 Require of Retailers and Distributors by July 1, 2026
Starting July 1, 2026, South Dakota's SB 221 requires a per-location retail license to sell any nicotine product — including vapes and pouches — while HB 1220 raises the wholesaler/distributor license fee from $150 to $1,000 per location. Unlicensed retail sales carry a $500-per-day fine, and retailers must source only from state-licensed wholesalers.
State Data Breach Notification Laws in 2026: A 50-State Compliance Playbook for Small Businesses
Every state requires breach notice and size doesn't exempt you — map the 30/45/60-day clocks, California SB 446's 30-day and 15-day AG rule, 500/1000 thresholds, risk-of-harm, and run on the shortest deadline.
Bookkeeping for Code-Audit Firms: How to Book Static Audits, Hourly Remediation, and Resold SAST Subscriptions
A code-audit firm selling fixed-scope static audits, hourly remediation, and resold SAST subscriptions runs three ASC 606 revenue-recognition rules under one roof — point-in-time, as-performed, and ratable. This guide covers the chart of accounts to separate them, the principal-vs-agent test for reseller margin, and a worked example posting one client engagement across unearned revenue, unbilled receivables, and subscription margin.
Virginia's HB 975 Replaces the 45% Food-to-Beverage Ratio: What Restaurant Owners Need to Track Now
Effective July 1, 2026, Virginia's HB 975 replaces the flat 45% food-to-beverage ratio for mixed beverage licensees with three tiers — no ratio above $48,000 in monthly food sales, 30% between $25,000 and $48,000, and 45% below that — making monthly food-sales tracking a compliance requirement, not just an annual MBAR exercise.
ABA Therapy Practice Bookkeeping: The RBT/BCBA Guide to Billing, Authorizations, and Cash Flow
ABA practices bill in 15-minute units under CPT codes 97153 and 97155, face industry-wide denial rates of 15-30%, and see predictable cash-flow dips when six-month prior authorizations lapse before renewal paperwork clears.