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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

1623 postsView all tags
Charitable Giving in 2026: Cash vs. Property, $500 Noncash Threshold, and the Appraisal Rule for Donations Over $5,000
·mike

Charitable Giving in 2026: Cash vs. Property, $500 Noncash Threshold, and the Appraisal Rule for Donations Over $5,000

Noncash gifts over $500 require Form 8283 and over $5,000 require a qualified appraisal — and every single gift of $250 or more needs a contemporaneous acknowledgment letter before the return is filed.

charitable-giving
tax-compliance
finance
Corporate Card and Expense Management Software in 2026: Automated Receipt Matching, Real-Time Controls, and Free vs. Paid Plans
·mike

Corporate Card and Expense Management Software in 2026: Automated Receipt Matching, Real-Time Controls, and Free vs. Paid Plans

Corporate card and expense platforms in 2026 now auto-match receipts via OCR, enforce spend controls at authorization, and sync to your books — with free tiers funded by interchange and paid plans at $5–$15 per user unlocking advanced approvals and ERP mapping.

expense-management
small-business
accounting
Camper Van Conversion Company Bookkeeping: Final-Stage Manufacturer Status, Chassis Inventory, and Progress Billing for Multi-Month Builds
·mike

Camper Van Conversion Company Bookkeeping: Final-Stage Manufacturer Status, Chassis Inventory, and Progress Billing for Multi-Month Builds

A camper van conversion shop that installs living-space modules on incomplete chassis is a final-stage manufacturer, not a services business: the chassis is WIP inventory, certification costs are manufacturing overhead, and deposits stay contract liabilities until ASC 606 over-time recognition turns cost-to-cost progress into revenue.

bookkeeping
manufacturing
inventory
Food Hall Operator Bookkeeping: Percentage Rent by Vendor, CAM True-Ups, and One POS Across a Dozen Kitchens
·mike

Food Hall Operator Bookkeeping: Percentage Rent by Vendor, CAM True-Ups, and One POS Across a Dozen Kitchens

Percentage rent by vendor (8–15% of gross sales, booked as ASC 842 variable lease income), CAM pools with annual true-ups, and one POS settlement split across a dozen merchants — the account structure a food hall operator needs, plus the benchmarks (revenue per square foot, bar share, occupancy) that show a hall is working.

bookkeeping
reconciliation
point-of-sale
Micro-SaaS and API Bookkeeping: Usage-Based Billing, Processor Reconciliation, and Why 70% Margins Still Need Real Books
·mike

Micro-SaaS and API Bookkeeping: Usage-Based Billing, Processor Reconciliation, and Why 70% Margins Still Need Real Books

Micro-SaaS and API businesses at 70%+ gross margins still need accrual accounting — how to structure hybrid subscription-plus-overage and credit-pack billing, reconcile Stripe and Merchant of Record payouts to gross revenue, and keep deferred revenue, COGS, and processor fees audit-ready.

saas
bookkeeping
reconciliation
New Jersey Family Leave Act Now Covers Businesses With 15 Employees: What Small Employers Must Do Before July 17, 2026
·mike

New Jersey Family Leave Act Now Covers Businesses With 15 Employees: What Small Employers Must Do Before July 17, 2026

New Jersey's Family Leave Act drops to 15 employees and 250 hours on July 17, 2026 — learn who is newly covered, how NJFLA differs from FMLA and NJ Family Leave Insurance, and the handbook, payroll, and job-restoration steps small employers must complete.

small-business
compliance
payroll
New York Voids Construction Retainage Above 5%: A Contractor's Guide to the Prompt Payment Act
·mike

New York Voids Construction Retainage Above 5%: A Contractor's Guide to the Prompt Payment Act

New York's Prompt Payment Act amendment voids private construction contract clauses that retain more than 5%, requires retainage release within 30 days of final approval, and adds 1% monthly interest on late amounts — here is how contractors should fix their contracts, book retainage as a contract asset under ASC 606, and run a 30-day closeout.

construction
small-business
cash-flow
Nonprofit Thrift Store Bookkeeping: How to Value Donated Goods, Keep the Volunteer-Labor Exclusion, and Stay Off Form 990-T
·mike

Nonprofit Thrift Store Bookkeeping: How to Value Donated Goods, Keep the Volunteer-Labor Exclusion, and Stay Off Form 990-T

Nonprofit thrift store bookkeeping covers the fair value and sold-price methods for donated inventory, IRS Publication 561 receipt thresholds, the roughly 85% volunteer-labor and donated-merchandise UBIT exclusions, and when Form 990-T filing is required.

nonprofit
bookkeeping
tax-compliance
PayPal's Bank Transfer Fee Jumps 51% on August 1: How to Rebudget Your Invoices Before You Pay More
·mike

PayPal's Bank Transfer Fee Jumps 51% on August 1: How to Rebudget Your Invoices Before You Pay More

PayPal's instant transfer fee rises from 0.99% to 1.50% on August 1, 2026 — a 51% increase. Learn what it costs on real invoice sizes, when instant is still worth it, and how to rebudget recurring invoices and book gross versus net correctly.

small-business
bookkeeping
cash-flow
Product Liability Insurance for Online Sellers: What Dropshippers and Amazon FBA Merchants Actually Need
·mike

Product Liability Insurance for Online Sellers: What Dropshippers and Amazon FBA Merchants Actually Need

Online sellers, dropshippers, and Amazon FBA merchants sit inside the strict-liability distribution chain even when they never touch the goods. This guide covers Amazon's $1 million insurance requirement, the gaps standard policies leave — recalls, fines, claims-made traps — and the bookkeeping records that make an eighteen-month-old claim survivable.

business-insurance
liability
e-commerce
The SBA's $10 Million Loan Ceiling: How the New 7(a)/504 Stacking Rules Work
·mike

The SBA's $10 Million Loan Ceiling: How the New 7(a)/504 Stacking Rules Work

On July 4, 2026, the SBA doubled its combined 7(a)/504 borrowing ceiling from $5 million to $10 million. This guide explains how the stacking works, which limits stayed in place, and the loan-tracking bookkeeping a $10 million capital structure demands.

sba
loans
financing
The 1099 From Amazon Is Not Your Income: A Self-Publisher's Guide to Reconciling KDP, IngramSpark, and Audiobook Royalties
·mike

The 1099 From Amazon Is Not Your Income: A Self-Publisher's Guide to Reconciling KDP, IngramSpark, and Audiobook Royalties

Amazon KDP's 1099-MISC (issued at just $10 in royalties) reports payments on Amazon's calendar — not your income. KDP dashboard earnings, bank deposits, and the 1099 never match because of 60-day payout lags, returns, and Kindle Unlimited fund allocations, and IngramSpark sends no tax form at all. A monthly per-platform, per-title close reconciles all three and documents the differences as timing items before Schedule C.

bookkeeping
tax
reconciliation
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