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#plain-text-accounting

Plain-Text Accounting

Discover the power of version-controlled, human-readable financial records

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Switching from QuickBooks: A Complete Migration Guide for Small Businesses
·mike

Switching from QuickBooks: A Complete Migration Guide for Small Businesses

An eight-step guide to migrating off QuickBooks without losing your audit trail, covering cutover timing, data export limits, parallel running, opening-balance imports, and how to evaluate replacements like Xero, FreshBooks, and plain-text tools such as Beancount.

quickbooks
migration
small-business
Sales-to-AR Ratio: The Cash Flow Metric Quietly Strangling Small Businesses
·mike

Sales-to-AR Ratio: The Cash Flow Metric Quietly Strangling Small Businesses

The sales-to-AR ratio measures the share of revenue stuck in unpaid invoices. This guide explains how to calculate it, what good looks like by industry, and how to drive it down within one or two quarters.

accounts-receivable
cash-flow
financial-ratios
W-9 vs 1099: What Every Business Hiring Contractors Needs to Know
·mike

W-9 vs 1099: What Every Business Hiring Contractors Needs to Know

Form W-9 collects a contractor's taxpayer ID at onboarding; Form 1099 reports year-end payments to the IRS. The 2026 filing threshold rises from $600 to $2,000 under the OBBBA, and missing a W-9 triggers 24% backup withholding immediately — plus penalties of up to $660 per late form.

tax-compliance
independent-contractor
small-business
The AR Aging Report: A Complete Guide to Protecting Your Cash Flow
·mike

The AR Aging Report: A Complete Guide to Protecting Your Cash Flow

An AR aging report organizes every unpaid invoice by how long it has been outstanding, grouped into 0-30, 31-60, 61-90, and 90+ day buckets. This guide covers 2026 benchmarks (80%+ of AR should be current), industry DSO norms, collection probability by age, and how to turn the report into a tiered collection system that protects cash flow.

accounts-receivable
cash-flow
bookkeeping
Billing vs. Invoicing: What's the Difference (and Why Your Cash Flow Depends on Knowing It)
·mike

Billing vs. Invoicing: What's the Difference (and Why Your Cash Flow Depends on Knowing It)

Invoicing is a document; billing is the system around it. This guide defines the difference, cites the cash-flow cost of getting it wrong, and lays out a seven-step framework (standardized rates, written terms, recurring vs one-time tracks, dunning, weekly reconciliation, DSO tracking) for building a billing process that actually gets paid.

invoicing
accounts-receivable
cash-flow
QuickBooks Live Bookkeeping Review: Is It Worth It for Your Small Business?
·mike

QuickBooks Live Bookkeeping Review: Is It Worth It for Your Small Business?

QuickBooks Live pairs small businesses with certified bookkeepers inside QuickBooks Online, starting at $59/month for assisted support or $300/month for full-service—but excludes tax prep, carries variable bookkeeper quality, and locks your financial data into Intuit's ecosystem.

quickbooks
bookkeeping
small-business
Xero vs. QuickBooks: Which Accounting Software Is Right for Your Business?
·mike

Xero vs. QuickBooks: Which Accounting Software Is Right for Your Business?

A feature-by-feature comparison of Xero and QuickBooks Online in 2026—covering pricing, user limits, payroll, inventory, multi-currency, and reporting—to help small businesses choose the right cloud accounting platform.

accounting-software
small-business
bookkeeping
Best Bookkeeping Software for Small Businesses: A Complete Guide
·mike

Best Bookkeeping Software for Small Businesses: A Complete Guide

A practical comparison of the best bookkeeping software for small businesses—QuickBooks, Wave, FreshBooks, Xero, Zoho Books, and Sage—organized by use case, with pricing, key features, and honest trade-offs to help you choose the right tool.

bookkeeping
small-business
accounting-software
Can Your Small Business Afford a Bookkeeper? (Probably More Than You Think)
·mike

Can Your Small Business Afford a Bookkeeper? (Probably More Than You Think)

A practical cost-benefit analysis of hiring a bookkeeper for small businesses — with real pricing data ($200–$500/month), opportunity cost math, and 5 concrete signs it's time to stop doing your own books.

small-business
bookkeeping
outsourcing
Free Small Business Accounting Software: The Complete Guide for 2026
·mike

Free Small Business Accounting Software: The Complete Guide for 2026

A practical comparison of the best free accounting software for small businesses in 2026—Wave, Zoho Books, ZipBooks, GnuCash, and Akaunting—covering what each free tier actually includes, hidden costs, and the signals that you've outgrown your free tool.

accounting-software
small-business
bookkeeping
QuickBooks Alternatives: 10 Best Accounting Software Options for Small Business in 2026
·mike

QuickBooks Alternatives: 10 Best Accounting Software Options for Small Business in 2026

Compare the 10 best QuickBooks alternatives for small business in 2026. From free options like Wave and GnuCash to full-featured platforms like Xero and FreshBooks, find the right accounting software for your budget and needs.

accounting-software
small-business
bookkeeping
Microsoft FY2025 Earnings: The $101B Profit Machine Betting Everything on AI Infrastructure
·mike

Microsoft FY2025 Earnings: The $101B Profit Machine Betting Everything on AI Infrastructure

A deep dive into Microsoft's FY2025 annual results — $281.7B revenue, Azure crossing $75B, net income surpassing $100B for the first time, and what the numbers reveal about the world's most profitable cloud-AI company.

financial-reporting
financial-management
beancount
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