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#revenue-recognition

Revenue Recognition

Revenue recognition principles and accounting standards

Independent Community Pharmacy Bookkeeping: PBM Reconciliation, DIR Fees Under ASC 606, 340B Compliance, and the KPIs Lenders Read
·mike

Independent Community Pharmacy Bookkeeping: PBM Reconciliation, DIR Fees Under ASC 606, 340B Compliance, and the KPIs Lenders Read

How independent community pharmacies reconcile PBM remittance advice to adjudicated AR, accrue DIR fee reserves as variable consideration under ASC 606, segregate 340B inventory to survive HRSA audits, and produce the gross-margin-per-Rx KPIs that lenders benchmark against the NCPA Digest's 19.7% margin median.

bookkeeping
healthcare
revenue-recognition
Independent Hospice Agency Bookkeeping: Medicare Per-Diem Revenue, the Aggregate Cap, and the KPIs That Matter
·mike

Independent Hospice Agency Bookkeeping: Medicare Per-Diem Revenue, the Aggregate Cap, and the KPIs That Matter

A practical accounting guide for independent hospice and palliative care agencies — covering Medicare per-diem revenue recognition under ASC 606, the aggregate cap under 42 CFR 418.309, the inpatient cap, hospice wage index labor allocation, ZPIC/SMRC/RAC recoupment reserves, bereavement and foundation income segregation, and the NHPCO benchmark KPIs that boards and lenders track.

healthcare
bookkeeping
revenue-recognition
Independent Insurance Agency Bookkeeping: ASC 606 Contingent Commissions, Fiduciary Trust Accounts, and Producer 1099 vs W-2
·mike

Independent Insurance Agency Bookkeeping: ASC 606 Contingent Commissions, Fiduciary Trust Accounts, and Producer 1099 vs W-2

How independent insurance agencies should recognize first-year and renewal commission, accrue contingent and profit-sharing income under ASC 606, segregate premium trust funds, classify producers as 1099 or W-2, and meet state DOI and surplus lines tax obligations.

insurance
bookkeeping
revenue-recognition
Independent Cinema and Drive-In Bookkeeping: Film Rental, Concession Margins, and ASC 606 Deferred Revenue
·mike

Independent Cinema and Drive-In Bookkeeping: Film Rental, Concession Margins, and ASC 606 Deferred Revenue

Independent theaters keep 10-50% of box office after the distributor split but 85-92% of every concession dollar. This guide covers film rental settlements, ASC 606 deferred revenue for gift cards and movie passes, concession COGS by category, breakage and state escheatment, and Section 179 expensing for digital projectors and recliner seating.

bookkeeping
small-business
creative-industries
Independent Pizzeria Bookkeeping: Prime Cost, ASC 606 Delivery Revenue, FICA Tip Credit, and Section 179
·mike

Independent Pizzeria Bookkeeping: Prime Cost, ASC 606 Delivery Revenue, FICA Tip Credit, and Section 179

Independent pizzerias survive only when prime cost — food plus labor — stays at or below 60% of sales. This guide covers booking DoorDash and Uber Eats revenue gross under ASC 606, claiming the FICA tip credit on Form 8846, capitalizing deck and conveyor ovens under Section 179, and building recipe cards that expose the gap between theoretical and actual food cost.

restaurant
bookkeeping
small-business
Real Estate Brokerage Bookkeeping in 2026: GCI, Agent Caps, Trust Accounts, and RESPA Compliance
·mike

Real Estate Brokerage Bookkeeping in 2026: GCI, Agent Caps, Trust Accounts, and RESPA Compliance

How independent real estate brokerages should set up their chart of accounts in 2026 — separating GCI, agent splits, and franchise royalties into contra-revenue, running three-way trust-account reconciliations, documenting 1099-NEC payouts under IRC Section 3508, defending RESPA Section 8 entries, and accruing E&O self-insured retention reserves so company dollar, audit readiness, and Section 199A QBI all stay visible.

real-estate
bookkeeping
franchise-bookkeeping
Wedding and Portrait Photography Studio Bookkeeping: Retainers, Second Shooters, Section 179, and Tave Reconciliation
·mike

Wedding and Portrait Photography Studio Bookkeeping: Retainers, Second Shooters, Section 179, and Tave Reconciliation

How independent wedding and portrait photographers should recognize booking retainers as deferred revenue under ASC 606, classify second shooters under the ABC test, capitalize mirrorless gear under Section 179, and reconcile Tave, Studio Ninja, and HoneyBook with the general ledger.

bookkeeping
revenue-recognition
creative-industries
Indoor Climbing and Bouldering Gym Bookkeeping: A Complete Guide for Facility Operators
·mike

Indoor Climbing and Bouldering Gym Bookkeeping: A Complete Guide for Facility Operators

How indoor climbing and bouldering gyms should handle deferred membership revenue under ASC 606, Section 179 elections on walls and holds, W-2 vs 1099 setter classification, insurance reserves, and operating KPIs like revenue per square foot, churn, and member density.

bookkeeping
small-business
revenue-recognition
Junk Removal and Dumpster Rental Bookkeeping: Roll-Off Day Rates, Tipping Fees, and Per-Truck-Day Economics
·mike

Junk Removal and Dumpster Rental Bookkeeping: Roll-Off Day Rates, Tipping Fees, and Per-Truck-Day Economics

A bookkeeping field guide for junk removal and dumpster rental operators — ASC 606 treatment of roll-off rentals and overage tonnage, tipping fees as direct cost of service, Section 179 and bonus depreciation on hooklift trucks, Form 2290 and FMCSA compliance accounts, and the per-truck-day KPIs that decide route profitability.

bookkeeping
small-business
revenue-recognition
Massage Therapy and Wellness Studio Bookkeeping: Booth Rental, Prepaid Packages, Sales Tax, and Tip Credits
·mike

Massage Therapy and Wellness Studio Bookkeeping: Booth Rental, Prepaid Packages, Sales Tax, and Tip Credits

A practical guide to the seven bookkeeping decisions that determine whether a massage therapy clinic survives a state labor audit — worker classification under the ABC test, ASC 606 deferred revenue for prepaid packages, retail sales tax on CBD and body care, Section 45B FICA tip credit eligibility, Section 179 expensing, MindBody and Vagaro reconciliation, and insurance prepayments.

bookkeeping
small-business
revenue-recognition
Medspa and Aesthetic Clinic Bookkeeping: Injectables, Lasers, Packages, and the MSO/PC Structure That Keeps You Compliant
·mike

Medspa and Aesthetic Clinic Bookkeeping: Injectables, Lasers, Packages, and the MSO/PC Structure That Keeps You Compliant

A practitioner's guide to medspa accounting—per-unit injectable COGS, ASC 606 deferred revenue on packages, Section 179 on $80K–$250K lasers, MSO/PC entity separation under CPOM rules, GLP-1 program revenue, and the KPIs buyers compute during diligence.

bookkeeping
healthcare
small-business
Mobile Pet Grooming Business Bookkeeping: The Per-Stop Profit Playbook for Van-Based Groomers
·mike

Mobile Pet Grooming Business Bookkeeping: The Per-Stop Profit Playbook for Van-Based Groomers

A working bookkeeping playbook for mobile pet grooming operators — how to track per-stop revenue and route time, apply Section 179 and bonus depreciation to a built-out cargo van, allocate generator fuel and consumables, reserve for care-custody-control exposure, and use the KPIs that predict whether a route is sustainable.

bookkeeping
small-business
section-179
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