Skip to main content

#reconciliation

Reconciliation

Bank reconciliation techniques for accurate financial records

147 postsView all tags
Amazon FBA Reserve Holds Aren't an Expense: How to Book Withheld Settlement Funds
·mike

Amazon FBA Reserve Holds Aren't an Expense: How to Book Withheld Settlement Funds

An Amazon FBA reserve is money Amazon owes you, not a fee — book the withheld settlement as a current asset (Amazon Reserved Balances), not a P&L expense, so revenue is not understated and bank reconciliation ties.

amazon
e-commerce
bookkeeping
Agentic Commerce Has Arrived: How to Book and Reconcile Sales Made by AI Shopping Agents
·mike

Agentic Commerce Has Arrived: How to Book and Reconcile Sales Made by AI Shopping Agents

AI agents now check out on a customer's behalf over the same card rails, so an agentic sale books like any card sale — but the payout looks identical to a normal one unless you tag it. A merchant's guide to channel tags, gross-vs-net payout splits, storing intent and cart mandate IDs, daily reconciliation, and the product-data hygiene agents actually read.

ai
e-commerce
payments
AI Bookkeeping Software in 2026: What Automated Categorization, Receipt Scanning, and Reconciliation Really Cost
·mike

AI Bookkeeping Software in 2026: What Automated Categorization, Receipt Scanning, and Reconciliation Really Cost

A cost and capability comparison of 12 AI bookkeeping platforms in 2026 — QuickBooks Online ($38–$275/month), Xero ($25–$90), Ramp (free core tier), Digits, Zeni, Pilot (~$599+), Botkeeper, Docyt, and Vic.ai. Expect 85–95% auto-categorization on routine spend and 60–80% on ambiguous transactions, and budget by hours saved times your rate rather than sticker price.

ai
accounting-software
automation
Outsourcing Fulfillment to a 3PL: The Inventory Accounting Playbook for E-Commerce Sellers
·mike

Outsourcing Fulfillment to a 3PL: The Inventory Accounting Playbook for E-Commerce Sellers

A 3PL never owns your inventory — it stays on your balance sheet at cost until a customer buys it. Map the fee stack (receiving, storage, pick/pack, returns) to a chart of accounts, post the five journal entries you actually need, reconcile WMS on-hand to your ledger monthly, and apply LCNRV write-downs to aged stock under ASC 330.

e-commerce
inventory
outsourcing
The Federal 1099-K Threshold Is $20,000 Again — But Your State May Still Require One at $600: A State-by-State Guide for Online Sellers and Gig Platforms
·mike

The Federal 1099-K Threshold Is $20,000 Again — But Your State May Still Require One at $600: A State-by-State Guide for Online Sellers and Gig Platforms

Federal 1099-K filing reverted to $20,000 and more than 200 transactions for 2026, but Maryland, Massachusetts, Vermont, Virginia, DC, Montana and North Carolina still require it at $600 — learn which states keep the lower threshold, how payment-card and TPSO rules differ, and how to book gross, fees, and sales tax so your books tie to every form you receive.

tax
tax-compliance
irs-reporting
Parking Garage and Valet Bookkeeping: Reconciling Five Revenue Streams and the 30-Day Client Float
·mike

Parking Garage and Valet Bookkeeping: Reconciling Five Revenue Streams and the 30-Day Client Float

A parking operator's chart of accounts and close process — how to separate transient, monthly permit, corporate, valet, and event revenue, book monthly permits as deferred revenue, back parking tax out of tax-inclusive rates, and hold at least 1.5× one month's gross client collections before signing a management agreement with 30-day remittance terms.

bookkeeping
revenue-recognition
reconciliation
Vacation Rental Trust Accounting: The Three-Way Reconciliation and How to Untangle Batched Airbnb and Vrbo Payouts
·mike

Vacation Rental Trust Accounting: The Three-Way Reconciliation and How to Untangle Batched Airbnb and Vrbo Payouts

Vacation rental managers must prove every trust dollar with a monthly three-way reconciliation. Learn how to tie your bank statement to your books to each owner ledger and cleanly break down batched Airbnb and Vrbo payouts before you disburse.

property-management
trust-accounting
reconciliation
App Store Payout Reconciliation: Why Your Take-Home Is ~60% Below Gross Revenue
·mike

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.

reconciliation
indie-hackers
bookkeeping
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
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
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
Showing 1–12 of 147 posts
1 / 13Next