#plain-text-accounting
Plain-Text Accounting
Discover the power of version-controlled, human-readable financial records
QuickBooks Online Raised Prices 13–70% for 2026: What You'll Pay and How to Migrate Before Renewal
QuickBooks Online plans rose 13–70% for 2026 — Plus went from $90 to $110–$115/mo and Payroll added another ~20%. Here is the plan-by-plan cost, how to check your renewal date, and a four-phase migration plan to move your books without losing history.
Why Your SaaS Can Owe State Tax on Sales You Never "Made" Anywhere: The Throwback and Throwout Trap
A throwback rule can push a home-state sales factor from 20% to 60% on the same revenue by adding untaxed 'nowhere' sales back to the numerator; throwout, which shrinks the denominator instead, takes it to 33%. About 20 states plus D.C. still throw back tangible sales, five repealed their rules since 2019, and P.L. 86-272 protects none of your SaaS receipts.
App Store Payout Reconciliation: Why Your Take-Home Is ~60% Below Gross Revenue
App-store payouts land roughly 60% below sticker price after VAT, store commission, refunds, tax withholding, and currency conversion. This guide traces each deduction from gross sales to the bank deposit and lays out a 30-minute monthly reconciliation workflow for indie developers.
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.
ATV & UTV Rental and Guided-Tour Bookkeeping: Fleet, Insurance, and Waivers
ATV and UTV rental operators typically earn 70-80% of annual revenue in a four-to-five-month peak season, so a 15-20% off-season reserve, per-unit fleet depreciation, monthly-accrued insurance, and a waiver trail tied to rental number and unit ID are the bookkeeping controls that keep the business solvent and defensible.
Wave Accounting's Bank Feeds and Collaborator Paywall: What Changed in June 2026
Wave Accounting moved automatic bank feeds, collaborator access, and receipt scanning behind its $16-19/month Pro tier on June 1, 2026, leaving legacy free-plan (Starter) users to enter transactions manually or pay to keep those features.
Bitwave Just Open-Sourced 'Agentic Finance': What Happens When AI Agents Stop Using Your Accounting Software Like a Human Would
Bitwave open-sourced an agent-native accounting CLI and MCP server on July 23, 2026, arguing AI agents need command-line, diffable interfaces rather than GUI dashboards — the same properties git-tracked plain-text accounting has offered since before "agentic finance" was a marketing term.
How I Beancount: Eight Years of Money in Git and a 20-Minute Sunday Check-In
A software engineer walks through her real Beancount routine: receipt capture at the grocery store, a 20-minute Sunday check-in in Fava, balance assertions that work like unit tests, and eight years of family finances version-controlled in Git.
Amazon Q2 2026 Earnings: AWS Accelerates 37% as a $53B Anthropic Gain Rewrites Profit
Amazon's Q2 2026: $200.6B net sales (+19.6%) and $62.6B net income (+245%) — but $53.4B of that was a non-operating gain from revaluing its Anthropic stake. Operating income rose 43% to $27.5B as AWS accelerated to 37% growth at a 39.4% margin, while trailing free cash flow turned to a $7.6B outflow on $169B of capex. Modeled line by line in a public Beancount ledger.
DOL Form LM-2 Long Form: What the 2026 Union Financial Reporting Overhaul Means for Your Books
The DOL's May 2026 final rule creates a Form LM-2 Long Form for unions with $40 million or more in annual receipts, raises LM-2/LM-3/LM-4 filing thresholds to $350,000 and $25,000, and adds a $5,000 foreign-transaction disclosure schedule — effective for fiscal years beginning on or after July 1, 2026. Here's what changes for union bookkeeping.
QuickBooks Turns Off Intuit Expert Upsells for Accountant-Attached Clients: What Changed on July 29, 2026
As of July 29, 2026, Intuit disabled Expert services by default and suppressed upsell prompts for every accountant-attached QuickBooks Online file, giving firms role-based controls and read-only Expert Hub visibility. Here is what changed, why accountant backlash forced the reversal, and what business owners should check in their own files.
Serbia's Paušal Flat-Rate Tax in 2026: The 6 Million RSD Ceiling, the 10% Cap, and What Freelancers Should Track
Serbia's paušal flat-rate regime charges roughly 170,000 freelancers a fixed monthly tax — RSD 30,000–60,000 for most Belgrade IT contractors in 2026 — but crossing the 6,000,000 RSD annual turnover ceiling triggers full-profit taxation with no grace period. Here's how the 2026 decisions, the 10% year-over-year cap extended through 2027, and a simple multi-currency ledger fit together.