#reconciliation
Bank reconciliation techniques for accurate financial records
BNPL settlements net fees at the source and deduct refunds from future payouts, so booking the bank deposit as revenue understates sales and breaks your 1099-K tie-out. This guide shows the clearing-account method — one account per provider, revenue booked gross on the order date, fees as their own expense — with a worked $10,000 Afterpay week and a monthly close checklist.
Shopify Plus now starts at $2,500/month and the variable platform fee on online sales is reported at 0.40% of GMV (up from 0.25%), capped around $40,000/month. Here is the fee math at $3M to $120M in annual GMV, plus how to book the license, variable fee, and payouts so margin erosion shows up in your P&L instead of at tax time.
Under UCC 4-404 a bank may refuse a check presented more than six months after its date — but it may also pay it in good faith and charge your account. A "void after 90 days" legend binds the payee, not the bank. Here is how to age outstanding checks, place a six-month stop-payment order (14 days if oral), reissue safely, and report uncashed checks as unclaimed property.
A step-by-step monthly routine for comparing a vendor's statement against your payables ledger — about 15 minutes per key vendor — to catch duplicate payments, unapplied credits, and invoices your books never recorded, plus the five discrepancies that recur and how to resolve each.
Since 2023 plan years only 401(k) participants with account balances count toward the 100-participant large-plan line, so a 60-employee company can owe an $8,000 to $12,000 IQPA audit with its Form 5500. This guide covers the day-one count, how the 80-120 rule defers the audit, the July 31 and October 15 deadlines, and a first-audit preparation checklist.
A quick lube earns its margin per car, not per markup. This guide shows how to cost bulk oil by the quart on every delivery, reconcile each tank book-against-stick weekly, book shrinkage and used-oil hauling as separate accounts, and review the five daily KPIs (car count, average ticket, add-ons per 100 cars, bay time, gross profit per car) against industry benchmarks such as 0.95 cars per labor hour, 80 percent gross profit on labor and 50 percent on parts.
A merchant's audit guide to card-processing statements — how to separate non-negotiable interchange from processor markup, interrogate nine common junk fees including $450–$529 annual "infrastructure" charges, compute your effective rate, and script the call that gets them removed.
Ten US states run container-deposit programs with deposits from 5 to 25 cents, and retailers must ring them as a separate line, take back empties of brands they sell, and book them as a liability rather than revenue — while handling fees of roughly 1 to 5 cents per container are the only part that is income.
The March 2026 DOJ settlement caps Ticketmaster service fees at 15% of face value at Live Nation amphitheaters, limits venue exclusivity deals to four years, and guarantees rival ticketing access — while the FTC's all-in pricing rule already binds every ticket seller. A practical guide for independent venues and promoters on rebuilding per-ticket math, ASC 606 principal-vs-agent revenue calls, settlement-sheet reconciliation, and the seven contract terms to renegotiate now.
New York City's app-based delivery rules — a $22.13 hourly courier pay floor for pay periods beginning on or after April 1, 2026, tipping offered at checkout with a 10% suggested minimum, and weekly itemized payouts — change what a restaurant has to record. Book gross marketplace sales, itemize every platform fee, run tips through a liability account that ends at zero, and the January 1099-K reconciles itself.
Since February 21, 2026, New York City requires hotels and short-term rental hosts to advertise an all-in total price including every mandatory fee, and to disclose credit card holds and advance deposits before the guest pays. Here is how the rule differs from the federal FTC junk-fee rule, what counts as mandatory, and how to keep room revenue, fee revenue, deposits, and incidental holds straight in your ledger.
Cloudflare's pay-per-crawl lets any site owner set a per-request price for AI crawlers (minimum $0.01), collect monthly payouts, and return HTTP 402 to non-payers. Here is how to configure it without blocking search traffic, and how to record the micropayment revenue in a plain-text ledger.
