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#accrual-accounting

Accrual Accounting

Accrual method accounting principles, conversion from cash basis, and revenue recognition timing

Washington's Homeowner Recovery Program Is Live: How Contractors Should Reserve for Judgment Claims That No Longer Go Away

Since July 1, 2026, Washington homeowners can collect up to $25,000 of an unpaid contractor judgment from the state's Homeowner Recovery Program, after which L&I can pursue the contractor for reimbursement with interest on payment plans of up to 36 months. This guide explains the eligibility rules, the post-2024 bond levels of $30,000 general and $15,000 specialty, and how a residential contractor should log disputes, accrue probable losses under ASC 450, fund a separate cash reserve, and amortize a state repayment plan in a plain-text ledger.

冲浪用品店和潜水用品店记账:为什么你的旺季仍然可能在十月前让你破产

冲浪用品店或潜水用品店实际上是同一屋檐下的六种业务——教学、零售、旅游、租赁、充气、维修——共用一个季节性现金流窗口。了解如何通过独立的收入线、预付课程的递延收入会计,以及能隔离库存采购的12个月现金流预测,来揭示哪个业务真正盈利,以及夏季收入是否能支撑冬季运营。

屋面承包商记账:揭示银行余额是否在撒谎的WIP进度表

屋面工程WIP进度表将收入与实际完成的工作挂钩,而非开票时间——完工百分比等于累计成本除以预计总成本,应计收入等于完工百分比乘以修订后的合同价格。本指南以一项192,000美元的TPO屋面翻新工程为例进行演算,解释超开票与不足开票、保修金应收账款和保修计提,以及第460条何时强制要求采用完工百分比法进行税务处理(2026年平均总收入的起征点约为3,100万美元,或合同期超过两年的工程)。