Blog - Page 2 of 5 - Monily

Monily Official Blog

Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.

June 11, 2021

How Are Payroll Taxes Calculated – A Step-By-Step Guide

Now, more than ever, small business owners find computing payroll taxes increasingly challenging. Having to look after the intricacies of their business, and strategize for growth, […]
June 11, 2021

Small Business Tax Deductions Checklist For 2021

Starting a business is a big feat for many entrepreneurs, but keeping the ball rolling is a much bigger challenge. Besides other pain points, the ongoing […]
May 16, 2021

Accounting 101 for Small Business Owners

If you’ve just launched or are about to launch your online store, congratulations! It takes uncommon passion and perseverance to get to where you are today. […]
May 16, 2021

How to Read and Understand the Balance Sheet

If you want to know the health of a business, understanding balance sheets is very important the balance sheet should be your go-to statement. The balance […]
May 16, 2021

Top 6 Small Business Bookkeeping Tips For Steady Financial Success

Introduction Efficient management of your small business accounting can help establish your success. Keeping your accounting and finances in order should be an achievable goal. You’ll […]
May 16, 2021

5 Ways a Bookkeeper Can Save You Money

Money, the world revolves around this small five-syllable word. We might not like to accept it or be proud of it but everything you have done […]
May 16, 2021

How Technology Will Dynamically Impact The Future of Accounting

echnology has aggressively changed the world around us and is predicted to impact the future of accounting. Businesses are able to understand their target market with […]
May 16, 2021

Importance Of Healthcare Accounting Services For Medical Practitioners

People hardly co-relate accounting with the healthcare industry. As a matter of fact, the accounting department is an integral part of any organization or practice setup […]
May 16, 2021

What Biden’s Reported Capital Gains Tax Hike Could Mean For Startup Employees

President Joe Biden’s American Families Plan seeks a historic tax hike on the investment returns of the top earners. The aim is to target the richest Americans […]
May 16, 2021

9 Reasons Business Owners Should Consider Outsourcing Accounting

There is no doubt that accounting is one of the most time-consuming and complex operations in business management. Not only do you need to record all […]
May 16, 2021

The Importance of Bank Reconciliation and How to Automate It

Long term financial stability is paramount for every business, and every CEO looking to keep their business thriving for the long run will be aware of […]
May 16, 2021

The Four Basic Financial Statements And Their Purposes

If you are a business owner, you will probably be aware that there are four financial statements you need to prepare for your company. These four […]
May 16, 2021

How to Read A P&L Statement and What Is It Used For?

The P&L (Profit and Loss) statement is a financial statement/tool that displays the revenue earned and expenses incurred by a business in a specific period. It is often referred to as an Income Statement, as it also shows the profits generated by […]
May 16, 2021

How to Set and Achieve Financial Management Goals?

The year 2020 has been quite challenging across industries and businesses globally. Stock markets saw a bearish trend for several months. Rise in unemployment rates, increase […]
May 16, 2021

How to Hire An Accountant for Your Business?

Managing finances for your business can get tricky sometimes, especially when you aren’t knee deep in the process of debits, credits and recording transactions. Yet it […]
May 12, 2021

Balance Solvency Vs Liquidity For Your Business

Managing finances can be a very challenging task, particularly during the time of expansion when your company is constantly accruing debt. Efficient financial management not only […]
May 10, 2021

A Detailed Guide To Ecommerce Accounting

Get the Cash Flowing For many small business owners, accounting for ecommerce is undoubtedly one of the hardest parts of the online business experience, but it is also […]
May 16, 2021

Double-Entry Vs. Single-Entry Bookkeeping

Bookkeeping is a finance essential, and all this number crunching is the lifeblood of a company. As a business owner, your utmost priority is to make […]
June 11, 2021

How Are Payroll Taxes Calculated – A Step-By-Step Guide

Now, more than ever, small business owners find computing payroll taxes increasingly challenging. Having to look after the intricacies of their business, and strategize for growth, […]
June 11, 2021

Small Business Tax Deductions Checklist For 2021

Starting a business is a big feat for many entrepreneurs, but keeping the ball rolling is a much bigger challenge. Besides other pain points, the ongoing […]
May 16, 2021

Accounting 101 for Small Business Owners

If you’ve just launched or are about to launch your online store, congratulations! It takes uncommon passion and perseverance to get to where you are today. […]
May 16, 2021

How to Read and Understand the Balance Sheet

If you want to know the health of a business, understanding balance sheets is very important the balance sheet should be your go-to statement. The balance […]
May 16, 2021

Top 6 Small Business Bookkeeping Tips For Steady Financial Success

Introduction Efficient management of your small business accounting can help establish your success. Keeping your accounting and finances in order should be an achievable goal. You’ll […]
May 16, 2021

5 Ways a Bookkeeper Can Save You Money

Money, the world revolves around this small five-syllable word. We might not like to accept it or be proud of it but everything you have done […]
May 16, 2021

How Technology Will Dynamically Impact The Future of Accounting

echnology has aggressively changed the world around us and is predicted to impact the future of accounting. Businesses are able to understand their target market with […]
May 16, 2021

Importance Of Healthcare Accounting Services For Medical Practitioners

People hardly co-relate accounting with the healthcare industry. As a matter of fact, the accounting department is an integral part of any organization or practice setup […]
May 16, 2021

What Biden’s Reported Capital Gains Tax Hike Could Mean For Startup Employees

President Joe Biden’s American Families Plan seeks a historic tax hike on the investment returns of the top earners. The aim is to target the richest Americans […]