#bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows
How ag equipment dealerships should track floor-plan interest per unit, re-mark trade-in inventory as used tractor prices fall, and measure parts-department absorption rate — where the national average sits in the mid-60s percent and under 50% signals trouble.
Freight brokers earn the spread between shipper billings and carrier cost — not gross freight value. How to book factoring (a receivable sale at 1–5% recourse, 2.5–5% non-recourse), separate quick pay discounts, track the $75,000 BMC-84/BMC-85 requirement, and use AP discipline to catch double-brokering fraud, now a $500–$700 million annual industry loss.
GA4 tracks events by default but reports zero conversions until you manually flag key events — a 30-minute fix. This guide covers the event → key event → conversion chain, which events to track by business type, the last-click attribution trap, and tying channel data back to your books.
Effective July 1, 2026, the IRS raised the standard business mileage rate from 72.5 to 76 cents per mile — only its second mid-year change since 2011. Here's how the split-rate year affects your deduction, what your mileage log must show, and when the new rate applies to reimbursements.
How to keep books for an olive oil mill that earns most of its revenue in a six-to-ten-week harvest window — separating custom-crush milling fees from own-label inventory accounting, tracking extraction yields that swing from 50 to 200 pounds of olives per gallon, valuing bulk oil in tank storage, and handling Schedule F, cash-method, and UNICAP tax questions.
A rolling forecast replaces each closed month with actuals and adds a new month to a fixed 12-month window, so plans never go stale. About 42% of organizations use one (AFP), most alongside — not instead of — an annual budget, and combined approaches improve planning accuracy 25–30%. Here's how the mechanism works, the mistakes to avoid, and a six-step build guide.
Since 2022 research costs must be capitalized over 5 years — software included — midpoint in year one. Track domestic vs foreign, build the amortization schedule, and be ready for OBBBA's retroactive expensing.
Season pass cash collected in September is a liability, not income. This guide covers ASC 606 deferred revenue for ski resorts: the debit-cash-credit-deferred-revenue entry, straight-line vs. usage-based recognition, weather-driven refund reserves, and the four bookkeeping mistakes small ski operations make most.
Sports cards are taxed as collectibles at up to 28% long-term capital gains, higher than stocks.
How tire retreaders should book casing custody, core credits, and warranty adjustments — customer-owned casings stay off your inventory, core credits are an inventory purchase rather than an expense, and prorated warranty claims justify a monthly accrued reserve. Includes example beancount entries and a minimal chart of accounts.
Workers' comp dividend checks and retro-rating adjustments arrive 6–30 months after a policy expires. Dividends are discretionary — book them as a reduction of insurance expense when declared, never accrued in advance. Retro adjustments are contractual — accrue the estimated premium as a liability in the period the losses occurred, then true up at each 6-, 18-, and 30-month adjustment.
UPS and FedEx raised list rates 5.9% for 2026 and USPS raised Ground Advantage rates 7.8%, but small e-commerce shippers are seeing 10-20% higher bills because USPS cut its DIM divisor from 166 to 139, additional handling and delivery area surcharges rose 6.4-14% by zone, and surcharge eligibility thresholds widened.
