Farwah Jafri, Author at Monily - Page 9 of 18

Farwah Jafri

February 21, 2023
irs mileage rate 2023

Tax Season 2023: Understanding Standard IRS Mileage Rates

Taxpayers can maximize their returns in multiple ways. There are numerous tax credits and deductions, like the IRS Mileage Rate 2023, to help ease the tax […]
February 14, 2023
how to make your business recession proof

How To Make Your Business Recession Proof In 2023

In the ever-volatile global economy, recessions remain a possibility. You cannot turn blind to the likelihood of an economic downturn and envision an ideal tomorrow. The […]
February 2, 2023
what is a deferral in accounting

Deferral In Accounting Defined: What Is It & Why Use It?

Accrual-based accounting is the go-to method for public and private businesses as it is simple. However, tracking finances this way is easier said than done, as […]
January 26, 2023
marginal cost formula

What Is Marginal Cost, Its Formula, And How To Calculate It?

Small and medium businesses long for ways to win a competitive edge and beat the market. Economies of scale enable them to do the same and […]
January 19, 2023
what-is-cash-disbursements-journal

What Is Cash Disbursements Journal In Accounting?

You cannot overstate how vital cash disbursements journal is for small and medium-sized businesses. This journal records the cash payments made through a check, e-check, or […]
January 5, 2023
outsourcing cost

Cost Of Outsourcing And How It Can Help Your Business During Inflation

Business success relies upon the business owner’s ability to survive testing times and cope with rising costs. Inflation has led to the downfall of many firms […]
December 15, 2022
IRS Form 720

A Guide To IRS Form 720

Are you a small business dealing in goods and services which are subjected to excise tax, like fishing equipment, gasoline, or air transportation? If the answer […]
December 15, 2022
Good Liquidity

Understanding Good Liquidity And Its Ratios

It is extremely vital for a business to have a clear understanding of the company’s accounting liquidity. In order to achieve that, you need to explore […]
December 14, 2022

Opening Balance Equity And Its Importance

Accounting software are gaining popularity rapidly, especially among small and large enterprises. However, there are a lot of accounts that are unfamiliar to business owners; one […]