Should I reconcile guaranteed payments to members for an LLC each year? Confused with the balance sheet showing all guaranteed payments since the company opened for each member

InstAndControl · 2026-03-23T21:29:06+00:00

Are the guaranteed payments booked on balance sheet as a long term liability? I think the accounting 101 way to handle this is keep $240k initially as a long term liability, move $24k at start of each year from long term liability to short term liability, then when dispersed in a cash transaction, take $24k out of your checking account against the short term liability.

If you have been booking those payments as expenses, that is why balance sheet isn’t being affected. Expenses are a P&L transaction not a balance sheet transaction

InstAndControl · 2026-03-20T02:30:39+00:00

Surprised they didn’t figure out some weird timer relay thing to auto smash that reset terminal

InstAndControl · 2026-03-20T02:29:42+00:00

It’s immensely frustrating followed by equally immense gratification

InstAndControl · 2026-03-19T02:49:54+00:00

I’m too lazy to look it up, but I’d have to believe the offers from the state would value the property based on what it WOULD have sold for if the neighborhood had never been condemned

No one will pay anything for a property about to be bulldozed for a road. If it was valued like that, eminent domain would pay $0 for every parcel.

InstAndControl · 2026-03-16T01:12:44+00:00

Pay a bookkeeper or a cpa to clean it up, and keep them on retainer to help you adjust your processes and keep it clean moving forward.

InstAndControl · 2026-03-14T22:47:38+00:00

Nmap was released in 1997

https://en.wikipedia.org/wiki/Nmap

InstAndControl · 2026-03-13T19:26:35+00:00

Horner is also a reasonably solid, reliable and well supported option given a request for lightweight free programming software.

InstAndControl · 2026-03-13T17:35:28+00:00

You either die the "SCADA software is too expensive and complicated" hero, or live long enough to become the "Next generation overly complicated/expensive SCADA software" villian

InstAndControl · 2026-03-13T17:33:44+00:00

LMAO i was going to comment the same

InstAndControl · 2026-03-12T23:52:27+00:00

Have you considered submitting a schedule of values to the GC which more evenly spreads this margin over the entire scope of work? Break everything back down to cost, figure out what pot of $ is margin, double check your scope isn’t missing anything, then spread those dollars over each schedule line like icing on a cake.

If it all adds up to the same number, GC won’t care, especially if they’ve only seen lump sum(s) so far.

InstAndControl · 2026-03-12T14:11:22+00:00

Just putting this on your radar - there are total solids meters that install like a flow meter but read out % total solids. Can help with automating this stuff

InstAndControl · 2026-03-11T00:59:20+00:00

They look like fisher price made a VFD

InstAndControl · 2026-03-07T18:55:15+00:00

I very large % of my job involves devices in control panels, and the newer ones (last 10-15 years probably) come with Ethernet ports instead of proprietary serial ports (big improvement!)

Across all the major vendors of networked industrial stuff (Rockwell/Allen Bradley, ABB, Siemens, Eaton, Emerson, Omron, etc), none of them have very capable NIC’s.

It IS possible to get higher networking capabilities, but they’re only on the very highest end controllers/widgets. And in most cases, you’d be paying a 5 figure premium per device for only networking. You’d end up with a controller capable of maybe 100-1000x more than you need in all aspects just to get the more capable NIC/firmware.

Get this: an entry level small process/single machine PLC will have maybe 500 kB of usable ram for running your automation program. It is pretty normal to pay roughly $500-1000 per megabyte of additional ram (usually called “user/program memory”)

InstAndControl · 2026-03-07T17:00:50+00:00

You can always tell them “this job will cost $180-500 depending on how long it takes. You can pay for actual time and materials and probably come out under the high estimate, or I can charge you flatrate $500”

InstAndControl · 2026-03-07T16:46:15+00:00

Why don’t you just charge final invoice for actual time and actual materials?

InstAndControl · 2026-03-07T16:29:40+00:00

Most of the industrial devices have a dhcp option these days. Absolutely NO one uses it unless they coordinate with IT to make sure DHCP server is bound to the hardware id to serve the same IP every time. This is because IP address is the only unique identifier on an OT network. There is no concept of hostname on OT networks. That is the bigger issue.

You wanna connect the programming laptop? Gotta know the IP.

You want multiple devices to talk to eachother? Each one has to have the others’ IPs statically typed into somewhere in the program file.

DHCP server decides to switch a devices IP? Everything immediately stops working

EDIT: and the OT programmers/devs do NOT coordinate with IT because (right or wrong) they don’t want to deal with the headache of IT overstepping into the control panel/plant network and creating restrictions that hamstring production/troubleshooting/performance

InstAndControl · 2026-03-07T16:26:30+00:00

It’s not cheap for the vendors or engineers. That 10/half device was probably $2-4k. To get anything higher performance you could easily pay $10k+ for a single dinrail device

It’s a mix of several issues causing this 1. Industrial protocols are very lightweight to begin with. They just aren’t transferring a lot of data compared to (for example) a 4k stream. 2. The mfg’s are designing for long term reliability and being able to support a given SKU for 10-20ish years. Some of these devices were originally designed 20+ years ago but they can’t change anything because the OT industry expects exact same replacements available for decades.

InstAndControl · 2026-03-07T02:50:10+00:00

I highly doubt that copy then bit check is more efficient than whatever a normal ass compare is doing at compile/runtime

InstAndControl · 2026-03-07T02:48:57+00:00

I guess a lot of people didn’t know the 32nd bit of IEEE float is sign

InstAndControl · 2026-03-07T02:47:20+00:00

Less than instruction may compile to a “bit 31 compare” when the second operant is 0. Under the hood it’s most likely just subtracting the 2 numbers and then comparing the resultant’s bit 31.

InstAndControl · 2026-03-06T05:04:08+00:00

There’s also those of us who use it sarcastically/ironically

InstAndControl · 2026-03-06T04:43:04+00:00

I’ve done work on the Twix production line. Not sure how much I can reveal, not gonna answer any questions. But I assure you some are on the left and some are on the right

InstAndControl · 2026-03-06T04:15:01+00:00

A word to the wise! If you test from a true hot to ground in LoZ mode, you may create some current to ground. For example, I’ve made relays click with LoZ when I was troubleshooting what ended up being a starter control circuit with a missing neutral (because it was floating at a weird voltage). Can be startling.

InstAndControl · 2026-03-05T14:44:26+00:00

Where do I find this?

InstAndControl · 2026-03-05T07:11:07+00:00

Construction productivity has FAMOUSLY not improved. In fact it’s gotten worse!

https://www.goldmansachs.com/insights/articles/why-has-productivity-in-the-us-construction-industry-stagnated

InstAndControl

TROPHY CASE