Peachy Treats ATL
Bakery & cafe · Single-member LLC · Cash basis · Owner Dana Whitlock
2026 year-end package Draft
Peachy Treats ATL · Jan 1 – Nov 3, 2026 · Cash basis · Schedule C (Form 1040) · Prepared by Countful, reviewed by you
Net income (draft)$58,423Before tax adjustments
Revenue$432,770Customer deposits
Expenses$374,347Business categories
Suspense$1,200.00Left visible, not plugged
Why this is a draft
- The equipment loan isn't in the books, so the balance sheet is missing the loan and its interest.Countful: asked Dana on Nov 7 and followed up Nov 10. Next follow-up Nov 10.
- Opening balances for Jan 1 weren't provided. The bank opened at $1,200.00; the rest sits in suspense.Countful: will ask Dana for the 2025 closing balance sheet on Jan 5, with the year-end packet.
- 3 card accounts carry imported activity only, with no statement balance to tie to.Countful: matches each card to its statement as the PDFs download. October is matched.
- Cash basis. Revenue is deposits as they reached the bank, so it can include reimbursements.Countful: nothing to do. Noted for the return.
Tax lines
Countful mapped every account to Schedule C with a reason. 22 to confirm.Confirm the 22 remaining lines first, then signClear-cut · 90%+ confident
14 accounts · 0 confirmed- Revenue: Customer deposits$432,770.02Line 1 · Gross receipts or salesEvery deposit is a sale: card settlements, cash, delivery payouts and catering clients. Cash basis, so by date received.97%Suggested
- Cost of Goods: Ingredients$121,815.83Line 4 · Cost of goods sold (Part III)Flour, dairy, sugar and produce that go into what the bakery sells: cost of goods sold, Part III.98%Suggested
- Payroll: Wages$99,647.55Line 26 · WagesW-2 wages from the biweekly payroll runs. Ties to the payroll reports.98%Suggested
- Occupancy: Rent$52,000.00Line 20b · Rent: other business propertyMonthly rent to Peach Blossom Properties for the shop: rent on business property.98%Suggested
- Occupancy: Utilities$14,955.97Line 25 · UtilitiesPower, gas and water for the shop.98%Suggested
- Cost of Goods: Beverage$13,028.14Line 4 · Cost of goods sold (Part III)Coffee and drink stock sold over the counter: cost of goods sold.97%Suggested
- Catering: Ingredients$8,342.16Line 4 · Cost of goods sold (Part III)Ingredients bought for catering orders: cost of goods sold, same as the counter.94%Suggested
- Payroll: Employer Taxes$7,623.05Line 23 · Taxes and licensesEmployer Social Security, Medicare and unemployment taxes: taxes and licenses.96%Suggested
- Occupancy: Insurance$6,840.00Line 15 · Insurance (other than health)Business insurance from Bellwether Mutual. No health insurance mixed in.97%Suggested
- Contract Labor$6,550.00Line 11 · Contract laborPayments to independent contractors. 1099-NECs are tracked in People.95%Suggested
- Cost of Goods: Packaging$3,592.07Line 4 · Cost of goods sold (Part III)Boxes and bags that leave with the product are part of cost of goods sold.95%Suggested
- Operations: Supplies$3,078.96Line 22 · SuppliesCleaning and shop supplies, plus the small Bright Spark accessories your rule filed here.92%Suggested
- Marketing$2,333.28Line 8 · AdvertisingLocal ads from Locally Found Ads: advertising.96%Suggested
- Operations: Repairs$1,218.73Line 21 · Repairs and maintenanceHardware, hood cleaning and the Keystone oven repair Dana confirmed. All under the $2,500 expensing note.93%Suggested
Needs your judgment
8 accounts · 0 confirmed- Bank & Merchant Fees$9,736.61Line 27a · Other expenses (Part V)Card processing fees fit line 10 (commissions and fees) or 27a (other). Preparers differ, so it's your call.84%Suggested
- Operations: Linen & Cleaning$4,467.04Line 22 · SuppliesA linen service is closer to a service than a supply. Line 27a may fit better.82%Suggested
- Catering: Staffing$2,747.73Line 11 · Contract laborTemp staff came through an agency. Contract labor fits; check whether the agency or the workers get 1099s.87%Suggested
- Catering: Rentals$2,273.11Line 20a · Rent: vehicles, machinery, equipmentParty rentals for events: rent of equipment, or cost of goods if you treat catering that way.85%Suggested
- Software & POS$2,080.00Line 18 · Office expensePOS and scheduling subscriptions: office expense, or 27a. POS transaction fees, if any, belong on line 10.86%Suggested
- Catering: Transport$598.27Line 27a · Other expenses (Part V)Fuel for catering runs. Line 9 (car and truck) if Dana keeps a vehicle log; otherwise other expenses.78%Suggested
- Equipment$1,840.00Line 13 · Depreciation and section 179The $1,840 patio set and $389.99 tablet are each under the $2,500 de minimis safe harbor, so they could be expensed instead of depreciated. Your call on the election.68%Suggested
- Other Business Expense$600.00Line 17 · Legal and professional servicesThis is the $600 Lakeshore Advisors payment, which looks like tax prep: legal and professional services, not other expenses.74%Suggested
Held off the return
1 account- Needs Review$8,978.80Resolve before filingMapped by account type. Countful hasn't seen this account before.80%Stays off until resolved
Schedule C by line
| Line 1 · Gross receipts or sales | Suggested | $432,770.02 |
| Line 4 · Cost of goods sold (Part III) | Suggested | $146,778.20 |
| Line 8 · Advertising | Suggested | $2,333.28 |
| Line 11 · Contract labor | Suggested | $9,297.73 |
| Line 13 · Depreciation and section 179 | Suggested | $1,840.00 |
| Line 15 · Insurance (other than health) | Suggested | $6,840.00 |
| Line 17 · Legal and professional services | Suggested | $600.00 |
| Line 18 · Office expense | Suggested | $2,080.00 |
| Line 20a · Rent: vehicles, machinery, equipment | Suggested | $2,273.11 |
| Line 20b · Rent: other business property | Suggested | $52,000.00 |
| Line 21 · Repairs and maintenance | Suggested | $1,218.73 |
| Line 22 · Supplies | Suggested | $7,546.00 |
| Line 23 · Taxes and licenses | Suggested | $7,623.05 |
| Line 25 · Utilities | Suggested | $14,955.97 |
| Line 26 · Wages | Suggested | $99,647.55 |
| Line 27a · Other expenses (Part V) | Suggested | $10,334.88 |
| Resolve before filing | Suggested | not on return |
| Tentative net profit, line 31 | Draft | $67,401.52 |
Trial balance
32 accounts. Net income ties to the P&L.| Account | Tax line | Status | Debit | Credit |
|---|---|---|---|---|
| Assets | ||||
| Card payments (paying account not imported) | Balance sheet only | Not imported | $172,556.66 | |
| Main Checking #2204 | Balance sheet only | Tied to statement | $1,200.00 | |
| Operating Expenses account (not imported) | Balance sheet only | Not imported | $363,526.81 | |
| Owner's Pay account (not imported) | Balance sheet only | Not imported | $30,293.91 | |
| Profit account (not imported) | Balance sheet only | Not imported | $8,655.39 | |
| Taxes account (not imported) | Balance sheet only | Not imported | $30,293.91 | |
| Liabilities | ||||
| Mastercard #9023 | Balance sheet only | No statement balance | $2,507.79 | |
| Operating #7316 | Balance sheet only | No statement balance | $197,953.18 | |
| Visa #4417 | Balance sheet only | No statement balance | $1,329.67 | |
| Income | ||||
| Revenue: Customer deposits | Line 1 · Gross receipts or sales (suggested) | $432,770.02 | ||
| Expenses | ||||
| Needs Review | Resolve before filing (suggested) | Needs a decision | $8,978.80 | |
| Cost of Goods: Ingredients | Line 4 · Cost of goods sold (Part III) (suggested) | $121,815.83 | ||
| Payroll: Wages | Line 26 · Wages (suggested) | $99,647.55 | ||
| Occupancy: Rent | Line 20b · Rent: other business property (suggested) | $52,000.00 | ||
| Occupancy: Utilities | Line 25 · Utilities (suggested) | $14,955.97 | ||
| Cost of Goods: Beverage | Line 4 · Cost of goods sold (Part III) (suggested) | $13,028.14 | ||
| Bank & Merchant Fees | Line 27a · Other expenses (Part V) (suggested) | $9,736.61 | ||
| Catering: Ingredients | Line 4 · Cost of goods sold (Part III) (suggested) | $8,342.16 | ||
| Payroll: Employer Taxes | Line 23 · Taxes and licenses (suggested) | $7,623.05 | ||
| Occupancy: Insurance | Line 15 · Insurance (other than health) (suggested) | $6,840.00 | ||
| Contract Labor | Line 11 · Contract labor (suggested) | $6,550.00 | ||
| Operations: Linen & Cleaning | Line 22 · Supplies (suggested) | $4,467.04 | ||
| Cost of Goods: Packaging | Line 4 · Cost of goods sold (Part III) (suggested) | $3,592.07 | ||
| Operations: Supplies | Line 22 · Supplies (suggested) | $3,078.96 | ||
| Catering: Staffing | Line 11 · Contract labor (suggested) | $2,747.73 | ||
| Marketing | Line 8 · Advertising (suggested) | $2,333.28 | ||
| Catering: Rentals | Line 20a · Rent: vehicles, machinery, equipment (suggested) | $2,273.11 | ||
| Software & POS | Line 18 · Office expense (suggested) | $2,080.00 | ||
| Operations: Repairs | Line 21 · Repairs and maintenance (suggested) | $1,218.73 | ||
| Catering: Transport | Line 27a · Other expenses (Part V) (suggested) | $598.27 | ||
| Equipment | Line 13 · Depreciation and section 179 (suggested) | $1,840.00 | ||
| Other Business Expense | Line 17 · Legal and professional services (suggested) | $600.00 | ||
| Unreconciled / suspense | Not on the return | Opening balances not provided. Left visible, not plugged. | $1,200.00 | |
| Total | $808,317.32 | $808,317.32 | ||
General ledger
2,283 postings. Open an account to see its activity.CSV files open in Excel, Numbers or Google Sheets. The PDF covers the summary, caveats, tax lines and trial balance; the full ledger is in its CSV.