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#expense-allocation

Expense Allocation

Allocate expenses across departments, projects, or categories

OMB Uniform Guidance 2026: Federal Grant Compliance Changes for Nonprofits
·mike

OMB Uniform Guidance 2026: Federal Grant Compliance Changes for Nonprofits

OMB's 2026 Uniform Guidance overhauls federal grant compliance for nonprofits, adding stricter payment verification, expanded subaward reporting, and tighter cost allowability rules—effective October 1. The comment period closes July 13; here's what changed and why it matters.

compliance
nonprofit
accounting
Bookkeeping for Document Shredding & Data Destruction Businesses
·mike

Bookkeeping for Document Shredding & Data Destruction Businesses

A chart-of-accounts guide for document shredding and data destruction companies covering three revenue streams (route, purge, hard drive destruction), NAID AAA certification costs ($3,000-$5,000 first year), chassis-vs-shredder depreciation, and treating paper recycling rebates as revenue rather than an unreconciled deposit.

bookkeeping
small-business
compliance
Makerspace and Hackerspace Bookkeeping: Membership Dues, Workshop Revenue, and Shared Equipment Costs
·mike

Makerspace and Hackerspace Bookkeeping: Membership Dues, Workshop Revenue, and Shared Equipment Costs

Makerspaces should recognize annual membership dues ratably over the term as a deferred-revenue liability rather than all at once, track workshop revenue separately from dues, capitalize equipment above a set threshold, and choose an LLC or 501(c)(3) structure based on whether their funding model relies on grants or dues.

bookkeeping
accounting-basics
accrual-accounting
Private-Label Electronics NRE: How to Capitalize Tooling and Amortize It Per Unit
·mike

Private-Label Electronics NRE: How to Capitalize Tooling and Amortize It Per Unit

Non-recurring engineering (NRE) for a private-label electronics run commonly costs $50,000–$200,000. This guide explains why GAAP requires capitalizing molds and tooling instead of expensing them, how units-of-production amortization flows cost into COGS per unit ($100,000 tooling rated for 500,000 units = $0.20/unit), and why firmware follows different tax rules under IRC Section 174.

accounting
small-business
e-commerce
Storage Unit Auction Reselling: How to Book a Lot You've Never Seen Inside
·mike

Storage Unit Auction Reselling: How to Book a Lot You've Never Seen Inside

How storage unit auction resellers allocate one lump-sum bid across an entire unit of unknown items — dividing by item count or by relative fair market value — plus the cash-method small-business inventory election, a lot-based chart of accounts, hobby-vs-business rules, and sales tax registration.

bookkeeping
inventory
cost-of-goods-sold
Ghost Kitchen Bookkeeping: How to Stop Three Virtual Brands From Wrecking One P&L
·mike

Ghost Kitchen Bookkeeping: How to Stop Three Virtual Brands From Wrecking One P&L

Delivery platforms take an effective 30–40% of each order once commissions, promotions, and processing fees stack up — and a multi-brand ghost kitchen that books only net deposits can't tell which concept is profitable. This guide covers per-brand revenue categorization, three methods for allocating shared rent, utilities, and labor (square footage, revenue share, labor hours), per-brand food cost tracking, and a six-step monthly close checklist.

restaurant
bookkeeping
small-business
Bookkeeping for Falconry Bird Abatement Businesses
·mike

Bookkeeping for Falconry Bird Abatement Businesses

Falconry-based bird abatement businesses must book raptors as fixed-asset overhead (roughly $1,500–$3,000+ per bird per year for food, vet care, and equipment) rather than supplies, and cost each contract individually since day rates and permit obligations vary by site and jurisdiction.

small-business
bookkeeping
licenses
Commercial Property Management Accounting: Trust Accounting and CAM Reconciliation Explained
·mike

Commercial Property Management Accounting: Trust Accounting and CAM Reconciliation Explained

Commingling trust and operating funds is illegal in all 50 states with fines from $1,000 to $25,000 per violation, and CAM reconciliation errors can trigger tenant audits years later — here's how three-way reconciliation and a property-specific chart of accounts keep commercial books compliant.

property-management
real-estate
trust
Manufactured Housing Community Bookkeeping: Lot Rent, RUBS Compliance, and the TOH/POH Split
·mike

Manufactured Housing Community Bookkeeping: Lot Rent, RUBS Compliance, and the TOH/POH Split

Manufactured housing operators need separate TOH and POH accounts, itemized utility line items, and dedicated infrastructure capex tracking, since RUBS billing bans in Minnesota and Colorado are already reshaping how utility cost recovery must be documented in 2026.

real-estate
property-management
compliance
Marine Surveyor Bookkeeping: Certification Dues Are Overhead, Not Startup Costs
·mike

Marine Surveyor Bookkeeping: Certification Dues Are Overhead, Not Startup Costs

Marine surveyors often file NAMS or SAMS certification dues and continuing education costs as startup expenses, but the IRS treats recurring dues, CE tuition, and E&O insurance premiums as ordinary business expenses deductible in the year paid, not amortized over 180 months.

bookkeeping
tax-deductions
expense-management
Reupholstery Shop Bookkeeping: Bench-Time Costing and the Overhead Trap
·mike

Reupholstery Shop Bookkeeping: Bench-Time Costing and the Overhead Trap

A wingback chair takes 7-8 yards of fabric and a sofa 15-22, but shops that price by materials plus a flat labor guess routinely underbill by 20-30% because the fully burdened labor rate and per-job overhead never get calculated — only the fabric receipt does.

bookkeeping
small-business
cost-of-goods-sold
How to Bookkeep a Coworking Space: Deferred Revenue, Cost Allocation, and CAM Charges
·mike

How to Bookkeep a Coworking Space: Deferred Revenue, Cost Allocation, and CAM Charges

A coworking space earns revenue across five distinct streams and must defer prepaid membership revenue, allocate CAM charges, and split costs by square footage to accurately price hot desks against private offices.

bookkeeping
accounting-basics
small-business
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