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#plain-text-accounting

Plain-Text Accounting

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

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Chaos Engineering Consultancy Bookkeeping: Separating Game-Day Revenue From Tooling Resale Margin
·mike

Chaos Engineering Consultancy Bookkeeping: Separating Game-Day Revenue From Tooling Resale Margin

How chaos engineering consultancies should split resilience-audit, game-day facilitation, automation build-out, and tooling-resale revenue into separate ledger accounts — including ASC 606 agent-vs-principal treatment for license pass-throughs, deferred revenue on fixed-fee audits, and per-engagement-type margin tracking.

bookkeeping
consulting
chart-of-accounts
Is FP&A Software Dead? What Datarails' FinanceOS Bet Says About AI and Your Spreadsheets
·mike

Is FP&A Software Dead? What Datarails' FinanceOS Bet Says About AI and Your Spreadsheets

94% of business spreadsheets contain critical errors, yet finance teams are handing them to AI assistants — a 2025 benchmark found 91% report low impact from AI tools. Datarails' FinanceOS bets the fix is governed data, not better models; here's what AI-ready books require at any company size.

ai
fintech
financial-planning
House Cleaning Franchise Bookkeeping: How to Track Royalty Fees, Ad Funds, and Multi-Territory P&Ls
·mike

House Cleaning Franchise Bookkeeping: How to Track Royalty Fees, Ad Funds, and Multi-Territory P&Ls

Cleaning franchise royalty (4–8%) and ad fund (1–3%) fees are calculated on gross sales — before discounts and comp cleans — and the total franchise fee load commonly runs 12–15% of revenue. Here's how to book royalties, brand fund contributions, and per-territory P&Ls correctly, with a worked $95,000/month reconciliation example.

franchise-bookkeeping
bookkeeping
small-business
Nebraska's Mini-WARN Act: What the New 90-Day Mass Layoff Notice Law Requires
·mike

Nebraska's Mini-WARN Act: What the New 90-Day Mass Layoff Notice Law Requires

Nebraska's mini-WARN act (LB 921) takes effect July 17, 2026, requiring employers with 100+ employees to give 90 days' written notice before a mass layoff or business closing — 50% longer than federal WARN, with a flat 100-employee trigger, stricter notice content rules, and $100/day penalties. Here's who's covered and how to build a compliant RIF checklist.

compliance
legal
business-closure
Supplier Concentration Risk: What Happens When Your One Key Vendor Disappears
·mike

Supplier Concentration Risk: What Happens When Your One Key Vendor Disappears

Supplier concentration risk — depending on one vendor for over 25–30% of spend or an irreplaceable input — is among the most predictable, least-planned-for small-business threats. A guide to screening your accounts payable for spend and operational concentration, mapping hidden sub-tier dependencies, and building affordable redundancy.

vendor-management
risk-management
small-business
Wine Bar and Wine Shop Bookkeeping: FIFO Inventory, By-the-Glass Costing, and the On-Premise/Off-Premise Split
·mike

Wine Bar and Wine Shop Bookkeeping: FIFO Inventory, By-the-Glass Costing, and the On-Premise/Off-Premise Split

A 750ml bottle yields about 5 five-ounce pours, and wine pour cost typically runs 25–30% versus 18–24% for liquor. This guide covers FIFO costing by vintage, by-the-glass yield math, shrinkage as a real COGS line, and why wine bars need separate on-premise and off-premise revenue and COGS accounts from day one.

bookkeeping
inventory
cost-of-goods-sold
Bitcoin Mining Bookkeeping: Why Every Mining Pool Payout Is Its Own Taxable Event
·mike

Bitcoin Mining Bookkeeping: Why Every Mining Pool Payout Is Its Own Taxable Event

Under IRS Notice 2014-21, every mining pool payout is ordinary income at its fair market value on receipt — a daily-payout pool creates ~365 taxable events a year before you sell anything. This guide covers hobby vs. Schedule C classification, 15.3% self-employment tax, Section 179 vs. 100% bonus depreciation for ASICs, the 2026 per-wallet cost-basis rule, Form 1099-DA reconciliation, and the per-lot records mining books need to survive an audit.

bitcoin
cryptocurrency-taxes
bookkeeping
HMRC Just Got the Legal Right to Inspect Your Cloud-Hosted Records: What the UK's Modernized Section 114 Powers Mean for Digital Bookkeeping
·mike

HMRC Just Got the Legal Right to Inspect Your Cloud-Hosted Records: What the UK's Modernized Section 114 Powers Mean for Digital Bookkeeping

Draft Finance Bill 2026-27 clauses published on L-Day (July 13, 2026) modernize HMRC's Schedule 36 inspection powers to explicitly cover cloud-hosted accounting records, with consultation open until September 7, 2026. Here's how the change interacts with Making Tax Digital and what UK small businesses should do now.

tax-compliance
cloud-accounting
bookkeeping
Pet Waste Removal Business Bookkeeping: Route Density, Deferred Revenue, and the Real Unit Economics
·mike

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.

bookkeeping
small-business
revenue-recognition
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
Virginia's HB 975 Replaces the 45% Food-to-Beverage Ratio: What Restaurant Owners Need to Track Now
·mike

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.

restaurant
compliance
bookkeeping
Alphabet Q1 2026: Google Cloud Grows 63%, and a $37.7B Paper Gain Drives the EPS Beat
·mike

Alphabet Q1 2026: Google Cloud Grows 63%, and a $37.7B Paper Gain Drives the EPS Beat

Alphabet's Q1 2026 revenue was $109.9B (+21.8% YoY) with Google Cloud accelerating to 63% growth and backlog above $460B, but the 82% jump in diluted EPS to $5.11 rests largely on a $37.7B other-income line — mostly unrealized marks on non-marketable equity securities. Backing out the $36.9B equity-securities gain leaves EPS near $2.76, roughly flat against last year's $2.81. Rebuilding the FY2022–Q1 2026 books in a public Beancount ledger shows exactly where the gain landed — non-marketable securities rose from $68.7B to $106.9B, not cash.

financial-reporting
financial-analysis
beancount
Showing 85–96 of 207 posts