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Inventory

Inventory tracking, valuation, and management for businesses

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Disc Golf Course Bookkeeping: Deferred Revenue, Depreciation, and Pro Shop Margins
·mike

Disc Golf Course Bookkeeping: Deferred Revenue, Depreciation, and Pro Shop Margins

Disc golf courses run four businesses in one — real estate, retail, memberships, and events — and each needs separate accounting for deferred membership revenue, 15-year land improvement depreciation, and pro shop cost of goods sold.

small-business
bookkeeping
accrual-accounting
E-Bike and Scooter Rental Fleet Bookkeeping: Depreciation, Per-Ride Economics, and the Path to Breakeven
·mike

E-Bike and Scooter Rental Fleet Bookkeeping: Depreciation, Per-Ride Economics, and the Path to Breakeven

A chart-of-accounts and depreciation framework for e-bike and scooter rental fleets, showing how to track vehicles by acquisition cohort, calculate gross margin per ride, and model a realistic path to breakeven by year three.

bookkeeping
accounting
depreciation
Used Vinyl Record Store Bookkeeping: Consignment, Margins, and the Grading Costs That Eat Your Profit
·mike

Used Vinyl Record Store Bookkeeping: Consignment, Margins, and the Grading Costs That Eat Your Profit

Used record stores acquire inventory through cash purchase, store-credit trade, and consignment, each with different cost basis and liability treatment, and blending them into one bucket hides which acquisition channel is actually profitable.

bookkeeping
inventory
consignment-accounting
Bookkeeping for Vehicle Wrap and Window Tint Shops: Job Costing, Bay Utilization, and Deposits
·mike

Bookkeeping for Vehicle Wrap and Window Tint Shops: Job Costing, Bay Utilization, and Deposits

Installation labor runs close to 60% of a full vehicle wrap's cost, yet most wrap and tint shops book it in monthly lump sums that hide per-job losses. This guide covers splitting tint, wrap, and PPF revenue lines, tracking redo hours and revenue per bay-hour, booking deposits as liabilities, and measuring film yield against a 10-15% waste allowance.

bookkeeping
small-business
job-costing
Obsolete Inventory Write-Downs: GAAP's Lower of Cost or Net Realizable Value Rule Explained
·mike

Obsolete Inventory Write-Downs: GAAP's Lower of Cost or Net Realizable Value Rule Explained

GAAP requires inventory to be reported at the lower of cost or net realizable value under ASC 330; here's how to identify obsolete and slow-moving stock, calculate the write-down, and record it while satisfying the IRS's stricter subnormal-goods test under Treasury Regulation §1.471-2(c).

inventory
cost-of-goods-sold
financial-reporting
On-Demand 3D Printing Service Bookkeeping: True Costs, Failure Rates, and Depreciation
·mike

On-Demand 3D Printing Service Bookkeeping: True Costs, Failure Rates, and Depreciation

Filament is only 20-30% of what a 3D print actually costs - machine depreciation, a 2-25% failure rate, and labor make up the rest, and Section 179 combined with 100% bonus depreciation under the OBBBA can let a print-for-hire shop deduct a new printer's full cost in the year it's purchased.

3d-printing
small-business
bookkeeping
Permanent Jewelry Studio Bookkeeping: Chain Costing, Deposits, and Compliance
·mike

Permanent Jewelry Studio Bookkeeping: Chain Costing, Deposits, and Compliance

A $65 welded bracelet costs $2-4 in gold-filled chain, but real cost of goods sold includes scrap, consumables, and gold spot-price volatility — here's how permanent jewelry studios should track chain costs, deposits, gift card liabilities, and OSHA/body-art licensing as recurring compliance expenses.

bookkeeping
small-business
creative-industries
Retail Return Fraud and Wardrobing: How to Catch It in Your Books
·mike

Retail Return Fraud and Wardrobing: How to Catch It in Your Books

Wardrobing and other return fraud account for roughly 10–15% of retail returns and cost U.S. retailers over $100 billion a year; reason-code tracking, customer-level return reports, and a monthly returns reserve are the bookkeeping controls that catch it before it erodes margin.

fraud-detection
fraud-prevention
refund-management
Veterinary Practice Bookkeeping: AAHA Chart of Accounts and Drug Inventory Controls
·mike

Veterinary Practice Bookkeeping: AAHA Chart of Accounts and Drug Inventory Controls

Pharmaceuticals and supplies run 20-25% of revenue at a typical small-animal practice, and the AAHA/VMG chart of accounts plus DEA-compliant drug logs are what keep that margin from quietly leaking away.

bookkeeping
healthcare
inventory
Writing Down Obsolete and Slow-Moving Inventory: Lower of Cost or Net Realizable Value Explained
·mike

Writing Down Obsolete and Slow-Moving Inventory: Lower of Cost or Net Realizable Value Explained

Don't carry dead stock at full cost — GAAP's lower of cost or NRV rule requires writing obsolete and slow-moving inventory down to what you can actually realize, with a repeatable month-end workflow.

inventory
bookkeeping
small-business
Choose-and-Cut Christmas Tree Farm and Wreath Producer Bookkeeping: A Practical Guide
·mike

Choose-and-Cut Christmas Tree Farm and Wreath Producer Bookkeeping: A Practical Guide

Christmas tree growers face an 8–10 year pre-productive period that forces Section 263A capitalization on Schedule F. This guide explains UNICAP cost allocation, ASC 606 recognition across choose-and-cut, wholesale, wreath, and agritourism revenue, Section 179 equipment planning, H-2A labor, and the KPIs that matter.

schedule-f
farming
forestry
Life After Section 321: How Small E-Commerce Importers Are Rebuilding Landed Cost, Pricing, and Cash Flow in 2026
·mike

Life After Section 321: How Small E-Commerce Importers Are Rebuilding Landed Cost, Pricing, and Cash Flow in 2026

A practical guide for Shopify and Amazon FBA sellers on rebuilding landed cost, pricing, and bookkeeping after the May and August 2025 suspensions of the Section 321 de minimis exemption, with line-by-line duty math, entry-type tradeoffs, and cash-flow tactics.

tariffs
customs
e-commerce
Showing 85–96 of 186 posts