Bookkeeping Terms Glossary
Accounts Payable: What It Is & How Bookkeepers Manage AP
AP is the current liability for unpaid vendor bills. Full lifecycle, AP vs AR, period-end traps, and the gotchas bookkeepers hit most.
10 min
Current work
SDO CPA LLC
Experience
18 years of experience
Bobby Huang is a partner at SDO CPA. 18 years of hands-on bookkeeping. He still reconciles real client books and built Growthy from the same review-and-approve work bookkeepers do each week.
Published Articles
Accounts Payable: What It Is & How Bookkeepers Manage AP
What Category Is Accountant / CPA Fees? (Chart of Accounts Guide)
Chart of Accounts
What Category Is Accountant / CPA Fees? (Chart of Accounts Guide)
Accountant and CPA fees go in Accounting Fees, a sub-account of Professional Fees. Splitting by service type (tax prep, bookkeeping, audit, advisory) gives owners cleaner year-over-year benchmarks and tax preparers a faster handoff.
11 min
Stripe + Xero Integration Guide for Bookkeepers
Stripe Bookkeeping
Stripe + Xero Integration Guide for Bookkeepers
Step-by-step guide to connecting Stripe with Xero: clearing account setup, bank rules, payout reconciliation, and fee handling for bookkeepers managing Xero clients.
9 min
Stripe Reconciliation Guide for Bookkeepers
Stripe Bookkeeping
Stripe Reconciliation Guide for Bookkeepers
End-to-end guide to reconciling Stripe using the payout-period method: pull reports, build journal entries, clear the clearing account, and handle exceptions.
16 min
Where Stripe Fees Go in Your Chart of Accounts
Stripe Bookkeeping
Where Stripe Fees Go in Your Chart of Accounts
Stripe charges five distinct fee types, each with different GL treatment. Here's the complete chart of accounts mapping bookkeepers actually use.
10 min
The $4,237.18 Problem: Why Stripe Deposits Never Match Your Sales
Stripe Bookkeeping
The $4,237.18 Problem: Why Stripe Deposits Never Match Your Sales
That Stripe deposit hitting your bank account isn't a single sale. Here's the exact math behind why Stripe deposits never match your invoices, and how to fix it.
9 min
How to Record Stripe Transactions in QuickBooks Online
Stripe Bookkeeping
How to Record Stripe Transactions in QuickBooks Online
Step-by-step guide to recording Stripe transactions in QuickBooks Online using the clearing account method, with real journal entry examples and a manual vs. automated comparison.
10 min
Stripe Bookkeeping Guide: Payouts, Fees, Refunds, and QBO/Xero
Stripe Bookkeeping
Stripe Bookkeeping Guide: Payouts, Fees, Refunds, and QBO/Xero
Stripe bookkeeping starts with payouts, fees, refunds, and a clearing account. Use this guide to reconcile Stripe in QBO or Xero without guesswork now.
13 min
AI Bookkeeping Software for Startups: A Practitioner's Buyer's Guide
AI Bookkeeping
AI Bookkeeping Software for Startups: A Practitioner's Buyer's Guide
What AI bookkeeping software actually does, what it can't do, and how to pick a tool. From a CPA firm partner who's run the same evaluation for real clients.
20 min
The True Cost of Manual Bookkeeping (From Someone Who Still Does It)
AI Bookkeeping
The True Cost of Manual Bookkeeping (From Someone Who Still Does It)
Manual bookkeeping costs you in three ways: owner time, missed errors that compound, and a hard ceiling at 15-25 clients per bookkeeper. Here's the math from a CPA firm partner who's lived all three.
18 min
From QuickBooks to AI Bookkeeping: Why Startups Are Switching the Workflow, Not the Tool, in 2026
AI Bookkeeping
From QuickBooks to AI Bookkeeping: Why Startups Are Switching the Workflow, Not the Tool, in 2026
Most startups don't need to leave QuickBooks. They need to stop clicking 'Categorize' 500 times. Here's how AI bookkeeping changes the workflow without forcing a migration, and where the actual switch makes sense.
18 min
Bookkeeping Automation: How to Save 15 Hours a Month (Without Replacing Your Bookkeeper)
AI Bookkeeping
Bookkeeping Automation: How to Save 15 Hours a Month (Without Replacing Your Bookkeeper)
A practitioner-grade breakdown of where 15 hours go in a small bookkeeping practice, which tasks compress with automation, and the 15-25% that still needs your judgment.
10 min
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