The FTC Mailed $2.7 Million to 62,893 Handy Gig Workers: How to Track Your Real Take-Home Pay
FTC refund checks prove gig pay gaps are real — reconcile gross-to-net payouts, log miles at the IRS 72.5-cent rate, report all income on Schedule C.
#reconciliation
Reconciliation
Bank reconciliation techniques for accurate financial records
The Month-End Close Checklist: Reconcile, Adjust, Review, and Lock — in the Same Order Every Month
Close in one fixed order — post, reconcile, adjust, review, lock — so every account ties to evidence and the numbers stop moving after review.
Netgain's Consolidation Beta: What Multi-Entity Small Businesses Should Fix Before Their Books Outgrow Spreadsheets
Your close is slow because intercompany, NCI, and FX translation live in spreadsheets — fix the process behind each before buying consolidation software.
Plaid Guaranteed Payments and the End of the 3-Day ACH Wait: What Assumed Liability Means for Your Books
Plaid guarantees settlement on approved ACH payments and covers eligible failures — book the fee as processing expense, never netted against revenue.
Walmart's $100 Million Spark Driver Settlement: How Any Business Using Gig Delivery Should Document Driver Pay
Walmart's $100M Spark settlement locks pay at acceptance — snapshot every offer, pass tips through in full, and reconcile payouts to IRS 1099-NEC totals.
Brex's Accounting API and the End of Bank-Feed Lag: What Real-Time ERP Sync Actually Fixes for Small Businesses
Brex's Accounting API syncs card and bill transactions to your ERP in real time — but clean your chart of accounts first, or automation scales the mess.
Controlled Disbursement Accounts, Explained: How One Morning Number Lets Treasury Invest Every Idle Dollar
A controlled disbursement account reports each morning's exact check-clearing total, so you fund only that amount and keep the rest invested.
Imprest Funds, Explained: How Fixed-Balance Petty Cash Really Works — Setting the Float, Replenishment Entries, and the Controls That Keep It Honest
An imprest fund holds a fixed balance of cash plus receipts; replenish monthly, book gaps to Cash Short and Over, and keep custody and approval separate.
Reverse Positive Pay, Explained: How Reviewing Presented Checks Yourself Catches Fraud Without an Issued-Check File
Reverse positive pay shows you every check presented yesterday — approve or return each by the daily cutoff, no issue file required.
Troubled Debt Restructurings, Explained: How Loan Workouts Are Accounted For on Both Sides of the Table
A troubled debt restructuring needs financial difficulty plus a lender concession — book a gain if future payments fall below carrying amount.
Street Name vs. Direct Registration (DRS), Explained: How Your Broker Holds Your Shares
Street name puts Cede & Co. on the company register; DRS puts your name there. How each works, what transfers cost, and which fits your holdings.
Audit Confirmations, Explained: How Auditors Verify Cash, Receivables, and Lawsuits With Third Parties
Auditors confirm cash, receivables, and lawsuits directly with banks, customers, and lawyers — replies bypass you, and every exception gets investigated.