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92 tagged with "Inventory"

Inventory tracking, valuation, and management for businesses

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Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs
·mike

Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs

How ATF Type 01 FFL dealers should structure their books to reconcile the A&D bound book to the POS daily, recognize ASC 606 revenue across firearms, range, and training, capitalize indoor range buildouts under Section 179 and cost segregation, and track lane-hour and attach-rate KPIs that actually predict profitability.

bookkeeping
compliance
small-business
inventory
+4
The Independent Tire Shop Bookkeeping Playbook: ASC 606, Federal Excise Tax, Road Hazard Warranty Reserves, and Bay-Hour KPIs
·mike

The Independent Tire Shop Bookkeeping Playbook: ASC 606, Federal Excise Tax, Road Hazard Warranty Reserves, and Bay-Hour KPIs

How independent tire shops should book six distinct revenue streams under ASC 606, treat scrap-tire fees and Form 720 federal excise tax as pass-through liabilities, amortize road hazard warranties as deferred revenue, stack Section 179 with 100% bonus depreciation on lifts and alignment racks, and read the four bay-hour KPIs that actually predict profitability.

bookkeeping
small-business
revenue-recognition
section-179
+4
Vape Shop and E-Liquid Retailer Bookkeeping: PMTA Risk, PACT Act, Multistate Excise, and Section 179
·mike

Vape Shop and E-Liquid Retailer Bookkeeping: PMTA Risk, PACT Act, Multistate Excise, and Section 179

How an independent vape retailer should structure books to handle PMTA enforcement risk, monthly PACT Act filings, multistate tobacco excise stamps, ASC 606 revenue streams, Section 179 build-out deductions, flavor-ban inventory write-downs, and battery-fire product-liability exposure.

bookkeeping
small-business
compliance
tax-compliance
+4
Bookkeeping for Orthotic, Prosthetic, and Pedorthic Custom Fabrication Labs
·mike

Bookkeeping for Orthotic, Prosthetic, and Pedorthic Custom Fabrication Labs

A practical accounting guide for ABC-credentialed orthotic, prosthetic, and pedorthic practices — covering ASC 606 multi-stage revenue recognition for custom devices, payer-specific contractual allowances on Medicare DMEPOS L-codes, WIP inventory for custom fabrication, Section 179 on CAD/CAM and 3D printers, and warranty reserves under Medicare's 90-day rule.

bookkeeping
healthcare
revenue-recognition
compliance
+4
Paintball Field, Airsoft Park, and Indoor Laser Tag Arena Bookkeeping: A Practical Operator's Guide
·mike

Paintball Field, Airsoft Park, and Indoor Laser Tag Arena Bookkeeping: A Practical Operator's Guide

A field-tested bookkeeping playbook for paintball, airsoft, and laser tag operators — six revenue streams under ASC 606, paint and CO2 inventory, Section 179 vs. QIP capitalization, ASTM F1776 liability handling, and the ARPV, RevPAH, and group-mix KPIs that drive profitability.

bookkeeping
revenue-recognition
small-business
inventory
+4
The Yarn Shop and Quilt Store Bookkeeping Playbook: Classes, Subscriptions, Long-Arm Services, and the Multistate Tax Trap
·mike

The Yarn Shop and Quilt Store Bookkeeping Playbook: Classes, Subscriptions, Long-Arm Services, and the Multistate Tax Trap

How independent yarn shops, quilt stores, and sewing retailers should handle ASC 606 revenue recognition for classes and block-of-the-month subscriptions, marketplace-facilitator sales tax across Shopify and Etsy, Section 179 long-arm equipment write-offs, contractor-versus-employee rules for instructors, and the KPIs—from sales per square foot to subscription retention—that separate thriving needlearts shops from struggling ones.

bookkeeping
small-business
revenue-recognition
sales-tax
+4
Stained Glass Studio Bookkeeping: ASC 606 Milestone Billing, OSHA Lead Compliance, and Historic Preservation Tax Credits
·mike

Stained Glass Studio Bookkeeping: ASC 606 Milestone Billing, OSHA Lead Compliance, and Historic Preservation Tax Credits

A bookkeeping playbook for artisan glaziers and restoration studios — covering ASC 606 milestone recognition on multi-year commissions, OSHA 29 CFR 1910.1025 lead exposure costs, Section 47 historic preservation credit documentation, Section 179 studio equipment expensing, and the KPIs (net multiplier, realization rate, square-foot pricing) that separate profitable studios from breakeven ones.

bookkeeping
creative-industries
revenue-recognition
tax-credits
+4
Acupuncture and Traditional Chinese Medicine Clinic Bookkeeping: A Practical Guide for Licensed Practitioners
·mike

Acupuncture and Traditional Chinese Medicine Clinic Bookkeeping: A Practical Guide for Licensed Practitioners

A working guide for acupuncture and TCM clinics covering ASC 606 across cash-pay, commercial insurance, and Medicare; prepaid package deferred revenue and breakage; herbal pharmacy COGS under FDA dietary supplement rules; Section 179 for treatment tables and electroacupuncture units; and the KPIs lenders and benchmarking services actually track.

healthcare
bookkeeping
revenue-recognition
small-business
+4
Antique Dealer and Consignment Mall Bookkeeping: ASC 606, Bailee Inventory, and the Section 1221 Trap
·mike

Antique Dealer and Consignment Mall Bookkeeping: ASC 606, Bailee Inventory, and the Section 1221 Trap

Antique dealers handle per-piece tax classifications, principal-versus-agent revenue questions, and marketplace facilitator sales tax obligations that off-the-shelf retail systems mishandle. This guide explains how to book direct purchases, consignments, and multi-dealer mall sales under ASC 606, the Section 1221 capital-gain trap, and the collectibles 28 percent rate.

consignment-accounting
inventory
sales-tax
revenue-recognition
+4
Cannabis Dispensary Bookkeeping Under Section 280E: COGS, METRC, FinCEN BSA, and the KPIs MSOs Track
·mike

Cannabis Dispensary Bookkeeping Under Section 280E: COGS, METRC, FinCEN BSA, and the KPIs MSOs Track

How disciplined cannabis dispensaries build books that survive Section 280E—segregating COGS from disallowed expenses, applying the Section 471(c) small-taxpayer carve-out, reconciling METRC to the POS to the general ledger daily, handling FinCEN BSA cash-banking and Form 8300 reporting, and reporting the sales-per-square-foot and basket-size KPIs MSO lenders read.

tax-compliance
bookkeeping
inventory
cost-of-goods-sold
+4
Commercial Honey Producer and Beekeeping Operation Bookkeeping: Schedule F, the Section 263A(d) Pre-Productive Period Election, Multi-State Pollination Revenue, and Pounds-Per-Hive KPIs
·mike

Commercial Honey Producer and Beekeeping Operation Bookkeeping: Schedule F, the Section 263A(d) Pre-Productive Period Election, Multi-State Pollination Revenue, and Pounds-Per-Hive KPIs

How commercial honey producers and pollination apiarists structure books for Schedule F, elect out of Section 263A pre-productive period capitalization, depreciate bees as 7-year livestock, source pollination revenue across state lines, comply with FDA honey labeling, and track pounds-per-colony and revenue-per-hive KPIs at a 1,000-hive scale.

farming
schedule-f
tax
depreciation
+4
The Decorator's Profit Math: A Bookkeeping Guide for Custom Screen Printing and Embroidery Shops
·mike

The Decorator's Profit Math: A Bookkeeping Guide for Custom Screen Printing and Embroidery Shops

Custom decorator shops sit at the crossroads of manufacturing, retail, and service work. This guide walks through the four-layer job cost model, ASC 606 treatment of customer deposits on custom goods, Section 179 expensing of presses and embroidery machines, and the press-hour and stitch-hour KPIs that separate profitable shops from merely busy ones.

job-costing
inventory
manufacturing
section-179
+4
Showing 13–24 of 92 posts