SDO CPA LLC
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.
Practitioner comparison of 8 SaaS accounting tools. QBO, Xero, Maxio, Chargebee, RecVue, Stripe Billing, NetSuite, and Growthy mapped to ARR stage and revrec complexity.
Where deferred revenue lives on the SaaS balance sheet, the JE pattern on signing vs cash vs recognition, the monthly roll-forward, and what changes the balance in real-world contract churn.
SaaS chart of accounts template covering deferred revenue, capitalized commissions, COGS sub-accounts, and ASC 606/340-40/350-40 integration. 20-account starting point with $500K and $5M ARR additions.
ASC 606 revenue recognition for SaaS, explained in plain language. Walk the five-step model with a B2B contract, sample journal entries, and common mistakes.
Six SaaS contract patterns walked through with ASC 606 analysis, journal entries, and statement impacts. Monthly, annual prepay, multi-year, upgrades, downgrades.
Current assets minus current liabilities. What the number means, healthy benchmarks, and how clean books keep it reliable.
Inventory accounting tracks goods held for sale using perpetual or periodic systems and three costing methods that flow directly to COGS.
When a customer invoice won't get paid, bad debt expense is how it leaves your books. Here's the allowance method, direct write-off, and the AR aging workflow bookkeepers follow.
Accumulated depreciation is the running total of all depreciation charged against a fixed asset. It reduces the asset's carrying value on the balance sheet.
Owner's equity is what's left after liabilities. Here's how bookkeepers track it across sole props, LLCs, S-Corps, and C-Corps.
Net income is the bottom line of the P&L. Here's the formula, how it differs from gross profit and EBITDA, and where it flows at year-end close.
Every transaction hits at least 2 accounts. Credits and debits are the left/right columns that keep books balanced. Here's what that actually means.
See Growthy on a sample book. Read-only bank access.
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