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Mike Thrift

Marketing Manager

3345 articoliVedi tutti gli autori
Real Estate Agent Bookkeeping After the NAR Settlement: Tracking Off-MLS Commission Negotiations
·mike

Real Estate Agent Bookkeeping After the NAR Settlement: Tracking Off-MLS Commission Negotiations

Post-NAR settlement, real estate brokers must track buyer-agent commissions across buyer agreements, seller offers, and purchase contracts. This guide covers documentation requirements, trust-account reconciliation, and the specific ledger entries that keep your 1099s honest and your licensing board satisfied.

real-estate
bookkeeping
accounting
2026 State Paid Family and Medical Leave Compliance Guide: Minnesota, Delaware & Maine
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2026 State Paid Family and Medical Leave Compliance Guide: Minnesota, Delaware & Maine

A practical breakdown of paid family and medical leave rules, employer costs, and compliance deadlines for Minnesota (0.88%), Delaware (employee-funded), and Maine (0.68%) effective January–May 2026.

payroll
tax-compliance
compliance
$166 Billion in Tariff Refunds: Why Most Small Importers Can't Claim a Dollar of It
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$166 Billion in Tariff Refunds: Why Most Small Importers Can't Claim a Dollar of It

Only the Importer of Record can claim a share of the $166 billion in IEEPA tariff refunds through CBP's CAPE portal, which locks out most small importers who buy through suppliers, freight forwarders, or 3PLs — here is how to find your IOR, negotiate refund sharing, and book the proceeds correctly under ASC 450.

tariffs
customs
small-business
Working Capital Management: Master the Cash Conversion Cycle
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Working Capital Management: Master the Cash Conversion Cycle

Small businesses often run out of cash despite healthy profits because working capital is trapped in receivables and inventory. Learn to optimize the cash conversion cycle—the three levers of DSO, DPO, and DIO—to free up thousands without raising debt.

cash-flow
small-business
financial-management
The 24-Month Bookkeeping Cleanup: How Small Business Owners Get Their Books Buyer-Ready
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The 24-Month Bookkeeping Cleanup: How Small Business Owners Get Their Books Buyer-Ready

More than half of small business sales that reach a signed letter of intent still fail to close, often because the seller's books can't survive a buyer's Quality of Earnings review — a 24-month, four-phase bookkeeping cleanup is how owners get financials buyer-ready before going to market.

business-acquisition
buying-a-business
bookkeeping
AI-Generated Receipts Are Now Most of Expense Fraud: How to Protect Your Small Business
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AI-Generated Receipts Are Now Most of Expense Fraud: How to Protect Your Small Business

AI-generated fake receipts rose from 0% to 70.8% of detected expense fraud in fourteen months, averaging $101 per claim, and small businesses can counter it by matching receipts to actual transaction records instead of judging document appearance.

fraud-detection
fraud-prevention
expense-management
ATV & UTV Rental and Guided-Tour Bookkeeping: Fleet, Insurance, and Waivers
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ATV & UTV Rental and Guided-Tour Bookkeeping: Fleet, Insurance, and Waivers

ATV and UTV rental operators typically earn 70-80% of annual revenue in a four-to-five-month peak season, so a 15-20% off-season reserve, per-unit fleet depreciation, monthly-accrued insurance, and a waiver trail tied to rental number and unit ID are the bookkeeping controls that keep the business solvent and defensible.

bookkeeping
small-business
seasonal-business
Payday Super Is Live: What Australian Small Business Employers Must Do Now
·mike

Payday Super Is Live: What Australian Small Business Employers Must Do Now

Australia's Payday Super reform, effective 1 July 2026, requires employers to remit superannuation guarantee contributions within 7 business days of payday, replacing the old quarterly deadline and late-payment offset with a stacked penalty regime that adds GIC interest, up to a 60% administrative uplift, and fund-choice loading.

payroll
small-business
compliance
Christmas Light Installation Business Bookkeeping: Deposits, Cash Flow, and the Off-Season
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Christmas Light Installation Business Bookkeeping: Deposits, Cash Flow, and the Off-Season

Christmas light installation businesses collect nearly all their annual revenue in a six-to-eight-week window each fall, so booking October deposits as deferred revenue and sizing a reserve to a ten-month off-season — not the generic three-month rule — determines whether the business survives to next November.

seasonal-business
cash-flow
bookkeeping
Climbing Gym Bookkeeping: Membership Deferred Revenue, Route-Setting Labor, and the 3-Year Path to Profitability
·mike

Climbing Gym Bookkeeping: Membership Deferred Revenue, Route-Setting Labor, and the 3-Year Path to Profitability

Membership revenue isn't earned when the cash arrives—it's earned daily as members climb. Learn how climbing gym owners calculate deferred revenue, classify route-setting labor, and forecast profitability.

bookkeeping
accrual-accounting
cost-of-goods-sold
Cloudflare's Pay Per Crawl Deadline: What Small Business Website Owners Need to Know Before September 15, 2026
·mike

Cloudflare's Pay Per Crawl Deadline: What Small Business Website Owners Need to Know Before September 15, 2026

Starting September 15, 2026, Cloudflare will block mixed-use AI crawlers by default on ad-carrying pages for free-tier and new accounts, part of a broader shift from Pay Per Crawl to a Pay Per Use monetization model that lets site owners charge AI companies when content actually creates value.

ai
technology
automation
Elevator & Escalator Maintenance Contractor Bookkeeping: ASC 606 and Job Costing
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Elevator & Escalator Maintenance Contractor Bookkeeping: ASC 606 and Job Costing

A framework for elevator and escalator maintenance contractors to recognize FMA and O&G contract revenue ratably under ASC 606, track lumpy repair costs by job, and separate capitalizable modernization work from routine service revenue.

accrual-accounting
financial-reporting
cash-flow
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