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Inventory

Inventory tracking, valuation, and management for businesses

203 postsView all tags
Custom Sign Shop Pricing That Actually Pays: Separating Materials, Labor Burden, and Installation
·mike

Custom Sign Shop Pricing That Actually Pays: Separating Materials, Labor Burden, and Installation

A flat $55 shop rate quietly underprices illuminated and digital sign work while vinyl subsidizes the loss. Learn how to split every quote into materials with 7% indeterminates and 1.5x markup, fully burdened labor including payroll taxes and workers comp, and installation as a separate crew and equipment profit center — with a sample channel letter worksheet and a bookkeeping setup that makes estimates match actuals.

small-business
bookkeeping
job-costing
Customer Refunds and Returns: Why They Belong Against Revenue — Not Buried in Expenses
·mike

Customer Refunds and Returns: Why They Belong Against Revenue — Not Buried in Expenses

Learn how small businesses should book customer refunds as contra-revenue, not expenses — covering Schedule C line 2, sales-tax payable reversals, inventory COGS adjustments, payment processor reconciliation, and ASC 606 refund liabilities with a monthly workflow to keep net sales accurate.

bookkeeping
small-business
retail
Your $120 Used Phone Sale Just Got Cheaper — and Your $120 New One Just Got More Expensive: Making Sense of eBay's July 2026 Fee Reform
·mike

Your $120 Used Phone Sale Just Got Cheaper — and Your $120 New One Just Got More Expensive: Making Sense of eBay's July 2026 Fee Reform

eBay's July 1, 2026 fee reform cuts final value fees to flat 5% for used and refurbished goods and raises new-goods fees to 7% for commercial sellers on selected marketplaces. Learn how the 5% vs 7% split changes reseller margins, why private sellers are unaffected, and how to reconcile gross 1099-K sales to net payouts without losing the fee deduction.

ecommerce
bookkeeping
small-business
Your 10% Surcharge Expired on July 24 — But Your Books Didn't: A Small Importer's Guide to the Section 122 Sunset and the $23.7 Billion in IEEPA Refunds
·mike

Your 10% Surcharge Expired on July 24 — But Your Books Didn't: A Small Importer's Guide to the Section 122 Sunset and the $23.7 Billion in IEEPA Refunds

The 10% Section 122 surcharge expired July 24, 2026 after 150 days and was replaced by 10-12.5% Section 301 duties; CBP's CAPE portal has already paid $23.7 billion of an estimated $166 billion in IEEPA refunds — learn how to re-model landed cost per SKU, track entry-level recoveries, and avoid booking refunds as income too early.

bookkeeping
tariffs
customs
E-Bike Rental Fleet Bookkeeping: How to Depreciate a Fast-Aging Asset, Capitalize Battery Packs, and Budget the $400–$900 Replacement Cycle
·mike

E-Bike Rental Fleet Bookkeeping: How to Depreciate a Fast-Aging Asset, Capitalize Battery Packs, and Budget the $400–$900 Replacement Cycle

A 10-bike e-bike rental fleet costs $15,000–$30,000 to launch, but each swappable battery lasts only 500–1,000 cycles and costs $400–$900 to replace — often within a year at rental utilization. This guide shows how to capitalize bikes and packs separately, depreciate under 2026 Section 179 and restored 100% bonus depreciation, reconcile net app payouts to gross revenue, and track utilization and revenue per bike per day before the next battery wave hits.

small-business
bookkeeping
assets
Illinois Just Made Cocktails-to-Go Permanent: SB 618 Sealed-Container Rules and Bookkeeping for Bars and Restaurants
·mike

Illinois Just Made Cocktails-to-Go Permanent: SB 618 Sealed-Container Rules and Bookkeeping for Bars and Restaurants

Illinois SB 618 makes cocktails-to-go permanent July 1, 2026, requiring tamper-evident sealed containers, four-element labeling, a seven-day fill clock, employee-only delivery, and age verification, with ABV-based gallonage tax and separate POS bookkeeping to keep the channel profitable and audit-ready.

restaurant
compliance
bookkeeping
Brazil Just Got a 50% Tariff: What Small Importers of Coffee, Beef, and Steel Need to Know About Product Exclusions
·mike

Brazil Just Got a 50% Tariff: What Small Importers of Coffee, Beef, and Steel Need to Know About Product Exclusions

A July 30 IEEPA order adds 40% to Brazilian goods on top of the 10% reciprocal tariff for a total 50% above MFN from August 6. Orange juice, Brazil nuts, and pig iron are excluded via Annex I, while steel and aluminum are excluded from the Brazil addition because Section 232 already applies — coffee and beef are not excluded. Here's the entry-date, FTZ, and bookkeeping checklist for small importers.

tariffs
inventory
customs
Monument and Headstone Bookkeeping: Why a 50% Deposit Isn't Revenue (and How Cemetery Contracts Need Separate Books)
·mike

Monument and Headstone Bookkeeping: Why a 50% Deposit Isn't Revenue (and How Cemetery Contracts Need Separate Books)

Monument shops collect deposits months before delivery and carry $25,000 to $90,000 in granite — so deposits must sit as deferred revenue until installation, granite must be costed by specific identification including freight, and retail walk-ins need a completely separate profit center from cemetery wholesale.

bookkeeping
inventory
small-business
Auto Repair Shop Bookkeeping: How to Track Parts, Labor, and Comebacks Without Losing Your Margin
·mike

Auto Repair Shop Bookkeeping: How to Track Parts, Labor, and Comebacks Without Losing Your Margin

A chart-of-accounts and KPI framework for auto repair shops that separates parts and labor profit, tracks effective labor rate against posted door rate, and books comebacks and warranty work as visible costs instead of hidden losses.

bookkeeping
auto-repair
inventory
Comic Book Store Bookkeeping in 2026: Splitting Subscriptions, Back Issues, and Consignment After Diamond
·mike

Comic Book Store Bookkeeping in 2026: Splitting Subscriptions, Back Issues, and Consignment After Diamond

A comic shop is three businesses sharing a register—non-returnable new issues, long-tail back issues, and consignment—so split them in your chart of accounts, book prepaid pull lists as deferred revenue, and capitalize grading fees into inventory instead of expensing them.

bookkeeping
small-business
inventory
Craft Brewery Bookkeeping: TTB Excise Tax, Keg Deposits, and Taproom vs. Wholesale Margins
·mike

Craft Brewery Bookkeeping: TTB Excise Tax, Keg Deposits, and Taproom vs. Wholesale Margins

A craft brewery accounting guide covering the 2026 federal beer excise tax rates ($3.50/$16/$18 per barrel under CBMA), how to book keg deposits as a liability instead of revenue, and a channel-level chart of accounts that separates taproom, self-distribution, and wholesale margins.

microbrewery
bookkeeping
tax-compliance
Furniture Store Bookkeeping: Special-Order Deposits, Delivery-Triggered Revenue, and Showroom Financing
·mike

Furniture Store Bookkeeping: Special-Order Deposits, Delivery-Triggered Revenue, and Showroom Financing

A practical guide for furniture retailers on booking special-order deposits as liabilities, recognizing revenue on delivery under ASC 606, and financing the showroom through seasonal slow periods with floor planning and a 13-week cash forecast.

bookkeeping
small-business
inventory
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