Skip to main content

#chart-of-accounts

Chart of Accounts

Design and organize your account hierarchy for effective financial tracking

123 postsView all tags
Starting an NVOCC or Freight Forwarding Business? Your Bookkeeping Has to Be Licensed Too
·mike

Starting an NVOCC or Freight Forwarding Business? Your Bookkeeping Has to Be Licensed Too

NVOCCs need a $75,000 FMC bond ($150,000 if foreign-based), a published tariff, and Form FMC-18 before moving a container — and books that pair every house bill of lading to its master bill. A practical guide to OTI licensing costs, HBL/MBL reconciliation, ASC 606 in-transit revenue, and the bookkeeping mistakes that sink first-year freight forwarders.

bookkeeping
compliance
licenses
Wildlife & Nuisance Animal Control Bookkeeping: Trip Fees, Trapping Revenue, and Warranty Reserves
·mike

Wildlife & Nuisance Animal Control Bookkeeping: Trip Fees, Trapping Revenue, and Warranty Reserves

How wildlife and nuisance animal control operators should structure their books: separate revenue codes for trip fees ($75–$200), per-animal trapping charges ($100–$250), and exclusion jobs; amortize NWCO licenses on each state's actual term; and accrue a warranty reserve from real callback rates instead of expensing redo visits as they land.

pest-control
bookkeeping
small-business
Arcade Bar Bookkeeping: Why Barcades Fail the Regular Bar Playbook
·mike

Arcade Bar Bookkeeping: Why Barcades Fail the Regular Bar Playbook

A barcade runs two businesses with opposite cost structures — liquor at a 20–24% pour cost and games at near-zero marginal cost. How to split the chart of accounts, book token sales as deferred revenue with ASC 606 breakage, expense machines via Section 179 or bonus depreciation, and test whether blended margin beats a plain bar's 10–15% net.

bookkeeping
small-business
revenue-recognition
Independent Film Production Accounting: Above-the-Line, Below-the-Line, and the Cost Report That Keeps You on Budget
·mike

Independent Film Production Accounting: Above-the-Line, Below-the-Line, and the Cost Report That Keeps You on Budget

How independent film budgets actually work — above-the-line costs run 30–35% of budget, contingency should be ~10%, and 39 states plus D.C. and Puerto Rico return 15–45% of qualified spend through film incentives. A practical guide to cost reports, loan-out companies, and building a chart of accounts that survives an audit.

creative-industries
accounting
budgeting
Bookkeeping for Code-Audit Firms: How to Book Static Audits, Hourly Remediation, and Resold SAST Subscriptions
·mike

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.

bookkeeping
revenue-recognition
consulting
Trade Show Exhibitor Bookkeeping: Booth Fees, Drayage, and Measuring the ROI Payoff
·mike

Trade Show Exhibitor Bookkeeping: Booth Fees, Drayage, and Measuring the ROI Payoff

A cost-by-cost breakdown of trade show exhibitor bookkeeping — how to categorize booth fees, drayage (typically $100-$200+ per hundred pounds), travel, and collateral, when to accrue the expense, and how to calculate cost-per-lead so a show's ROI shows up in the numbers instead of a gut feeling.

bookkeeping
expense-tracking
small-business
Bookkeeping for VR Arcades: Deferred Deposits, Per-Station Depreciation, and Revenue by Stream
·mike

Bookkeeping for VR Arcades: Deferred Deposits, Per-Station Depreciation, and Revenue by Stream

How VR arcades and location-based entertainment venues should keep their books — split revenue across six streams, book party deposits as deferred-revenue liabilities, depreciate each $50,000+ station separately, and track revenue per available station hour, the LBE equivalent of a hotel's RevPAR.

bookkeeping
small-business
revenue-recognition
Podcast Sponsorship Bookkeeping: When to Recognize Revenue and How to Track It
·mike

Podcast Sponsorship Bookkeeping: When to Recognize Revenue and How to Track It

Podcast sponsorship revenue should be recognized when a host-read ad airs, not when the invoice is paid, and creators must reconcile gross Patreon 1099-Ks against net ad-network payouts to avoid over- or under-reporting taxable income.

podcasting
creative-industries
revenue-recognition
E-Bike and Scooter Rental Fleet Bookkeeping: Depreciation, Unit Economics, and Breakeven
·mike

E-Bike and Scooter Rental Fleet Bookkeeping: Depreciation, Unit Economics, and Breakeven

Rental e-bikes and scooters are fixed assets, not inventory — and useful life ranges from under two months for early shared scooters to 2–3+ years for reinforced fleet hardware. How micromobility operators should structure a chart of accounts that separates batteries, theft, and field-ops labor, calculate contribution per vehicle per day, book damage deposits as liabilities, and find breakeven on blended seasonal utilization rather than peak-week numbers.

bookkeeping
small-business
fixed-assets
EV Charging Station Bookkeeping: The Real Math Behind Per-kWh Margins, Demand Charges, and Payback Period
·mike

EV Charging Station Bookkeeping: The Real Math Behind Per-kWh Margins, Demand Charges, and Payback Period

Demand charges can account for 30–70% of a commercial electricity bill and add roughly $9,000 to a single month when six DC fast chargers peak simultaneously — yet most operators blend them into one utilities account. How to book charging revenue against per-kWh COGS, track the Section 30C credit that now sunsets June 30, 2026, and model realistic payback periods for Level 2 ($4,500–$12,000/port) and DC fast chargers ($90,000–$200,000/port).

bookkeeping
small-business
tax-credits
RV Repair Shop Bookkeeping: Warranty Labor Rates, Reimbursement Lag, and Parts Markup
·mike

RV Repair Shop Bookkeeping: Warranty Labor Rates, Reimbursement Lag, and Parts Markup

How independent RV repair shops should structure their books to track retail vs. warranty vs. insurance labor rates (warranty often pays 10–25% below retail), age manufacturer reimbursements that take 2–3 months to arrive, and verify a tiered parts markup against a 50–60% gross margin target.

bookkeeping
trades
small-business
Bookkeeping for Vehicle Wrap and Window Tint Shops: Job Costing, Bay Utilization, and Deposits
·mike

Bookkeeping for Vehicle Wrap and Window Tint Shops: Job Costing, Bay Utilization, and Deposits

Installation labor runs close to 60% of a full vehicle wrap's cost, yet most wrap and tint shops book it in monthly lump sums that hide per-job losses. This guide covers splitting tint, wrap, and PPF revenue lines, tracking redo hours and revenue per bay-hour, booking deposits as liabilities, and measuring film yield against a 10-15% waste allowance.

bookkeeping
small-business
job-costing
Showing 49–60 of 123 posts