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14 tagged with "Trades"

Track trades, investments, and portfolio transactions

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Independent Handyman Bookkeeping: ASC 606, Section 179, Subcontractor Classification, and Per-Tech KPIs
·mike

Independent Handyman Bookkeeping: ASC 606, Section 179, Subcontractor Classification, and Per-Tech KPIs

A practical bookkeeping playbook for solo and two-to-five-truck handyman operators — ASC 606 treatment of time-and-materials and flat-rate work, state licensing dollar thresholds, W-2 vs 1099 subcontractor exposure under the 2024 DOL rule and state ABC tests, Section 179 and de minimis safe harbor for trucks and tools, and the four KPIs that show whether the schedule is profitable.

bookkeeping
small-business
trades
revenue-recognition
+4
Mobile Auto Glass Bookkeeping: ASC 606 Insurance Billing, ADAS Recalibration, and Section 179 Cargo Van Buildouts
·mike

Mobile Auto Glass Bookkeeping: ASC 606 Insurance Billing, ADAS Recalibration, and Section 179 Cargo Van Buildouts

A working guide to bookkeeping for mobile auto glass shops — ASC 606 revenue recognition across insurance, fleet, and cash-pay jobs, ADAS recalibration as a separable performance obligation, Section 179 on calibration equipment and cargo van buildouts, worker classification under the 2024 DOL rule, and the KPIs (installs per tech-day, calibration attach rate, per-truck contribution) that predict whether the operation survives.

bookkeeping
small-business
revenue-recognition
section-179
+4
Residential Roofing and Storm Restoration Bookkeeping: A Practical Guide for Re-Roof Crews and Insurance-Claim Specialists
·mike

Residential Roofing and Storm Restoration Bookkeeping: A Practical Guide for Re-Roof Crews and Insurance-Claim Specialists

How residential roofers and storm restoration contractors should handle ASC 606 variable consideration, Section 460 elections, supplemental claim revenue, customer deductibles under state law, OSHA fall protection costs, and the KPIs (squares per crew-day, gross margin by channel) that separate profitable shops from busy ones.

bookkeeping
construction
job-costing
revenue-recognition
+4
HVAC Contractor Bookkeeping: Maintenance Agreements, Refrigerant Compliance, and the KPIs That Predict Profit
·mike

HVAC Contractor Bookkeeping: Maintenance Agreements, Refrigerant Compliance, and the KPIs That Predict Profit

How HVAC contractors should structure their books: deferred revenue under ASC 606 for maintenance plans, EPA Section 608 and AIM Act refrigerant recordkeeping after the 15-pound threshold and R-410A phase-down, Section 179 deductions for service vans, and the five KPIs that actually predict cash flow.

bookkeeping
revenue-recognition
small-business
section-179
+4
Painting Contractor Bookkeeping: How Residential and Commercial Painters Bid, Job-Cost, and Stay Profitable Without Bleeding Margin on Callbacks
·mike

Painting Contractor Bookkeeping: How Residential and Commercial Painters Bid, Job-Cost, and Stay Profitable Without Bleeding Margin on Callbacks

Painting contractors lose margin in three places — unmeasured prep hours, a wrong burdened labor rate, and unreserved callbacks. This guide shows the chart of accounts, EPA RRP cost treatment, warranty reserve journal entries, and lender-grade KPIs that keep residential and commercial painters profitable.

bookkeeping
small-business
trades
job-costing
+4
Septic Tank Pumping and Onsite Wastewater Bookkeeping: Per-Pump Revenue, Tipping Fees, Vacuum Trucks, and Drain-Field Warranty Reserves
·mike

Septic Tank Pumping and Onsite Wastewater Bookkeeping: Per-Pump Revenue, Tipping Fees, Vacuum Trucks, and Drain-Field Warranty Reserves

A practical accounting framework for septic and onsite wastewater operators — splitting residential pumping, grease, portable toilet, inspection, and repair revenue; reconciling disposal manifests; expensing vacuum trucks under Section 179; and reserving for drain-field warranty claims.

bookkeeping
small-business
trades
section-179
+4
Mobile Locksmith Bookkeeping: Emergency Premiums, Transponder Inventory, and Van Depreciation Without Margin Leaks
·mike

Mobile Locksmith Bookkeeping: Emergency Premiums, Transponder Inventory, and Van Depreciation Without Margin Leaks

A guide to the bookkeeping decisions that move locksmith margins — separating emergency from standard revenue, per-SKU transponder inventory, Section 179 van elections, ALOA licensing tracking, and dispatch-software-to-GL reconciliation.

bookkeeping
small-business
trades
inventory
+4
Mobile Mechanic Bookkeeping: Premium Billing, Section 179, Markup Matrix, and Warranty Reserves
·mike

Mobile Mechanic Bookkeeping: Premium Billing, Section 179, Markup Matrix, and Warranty Reserves

A working playbook for mobile mechanic bookkeeping — tiered labor rates, a parts markup matrix targeting 58% gross margin, actual-expense vs 72.5-cent standard mileage, Section 179 on scan tools and upfitted cargo vans, comeback warranty reserves, and quarterly Schedule C obligations.

bookkeeping
small-business
trades
section-179
+4
Tree Service Bookkeeping: Cost-Per-Hour, Workers' Comp Class 0106, Section 179, and Seasonal Cash Flow
·mike

Tree Service Bookkeeping: Cost-Per-Hour, Workers' Comp Class 0106, Section 179, and Seasonal Cash Flow

How tree care companies should structure their books — separating workers' comp class 0106 payroll, allocating bucket truck and chipper hours per job, reserving for e-mod surges, and pricing crews off a true burdened cost-per-hour rate.

bookkeeping
job-costing
trades
seasonal-business
+4
Bookkeeping for Landscaping & Lawn Care: Job Costing, Seasonal Cash Flow, and Crew Labor
·mike

Bookkeeping for Landscaping & Lawn Care: Job Costing, Seasonal Cash Flow, and Crew Labor

Landscaping books need four things a generic ledger lacks — job costing, seasonal cash flow forecasting, burdened crew labor, and a service-line chart of accounts. This guide shows how to set up each so your numbers reveal which work earns margin and how much cash bridges the off-season.

bookkeeping
seasonal-business
cash-flow
small-business
+4
Job Costing for Contractors: Labor Burden, Cost Codes, and Committed Costs
·mike

Job Costing for Contractors: Labor Burden, Cost Codes, and Committed Costs

Job costing assigns every dollar of cost to the job that caused it. Fully burdened labor runs 30 to 50 percent above base wage, overhead is applied with a predetermined rate, and committed costs reveal a budget overrun before the invoices arrive — read the variance column weekly.

job-costing
construction
trades
profitability
+3
Section 1256 Contracts and the 60/40 Tax Rule: A Trader's Guide to Form 6781
·mike

Section 1256 Contracts and the 60/40 Tax Rule: A Trader's Guide to Form 6781

Section 1256 splits gains on futures, broad-based index options, and qualifying forex 60% long-term and 40% short-term, capping the top federal rate near 26.8% versus 37% on equity options. A 2026 guide to Form 6781, the mark-to-market rule, and the three-year loss carryback.

tax
tax-planning
capital-gains
tax-optimization
+2
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