Wajiha Danish, Author at Monily

Wajiha Danish

November 29, 2023
10 Reasons Your Business Needs a Full Charge Bookkeeper

10 Reasons Your Business Needs a Full Charge Bookkeeper

Construction business owners often wonder about the key responsibilities of their controller or full charge bookkeeper. They understand the basics, such as creating income statements, handling […]
November 10, 2023

What is a Stale Dated Check? Explained in Detail

Managing your business finances involves various aspects. You must handle bill payments, clear debts, and ensure timely employee payment. There are instances where you may need […]
October 27, 2023

Change In Net Working Capital: Formula, Calculations, and Guide

Net working capital is like a financial health checkup for a company. It tells us if a business has enough money to handle its daily expenses […]
October 20, 2023

Contribution Margin Vs Gross Margin What’s The Difference?

The Real Difference Between Contribution Margin and Gross Margin  Occasionally, investors and company leaders might mix up gross profit or margin with contribution margin. Big mistake!   […]
October 19, 2023

How To Calculate Year-Over-Year (YOY) Growth

Regardless of the specific market or industry you’re in, maintaining steady progress is crucial for your business’s ongoing success. This is where the concept of year-over-year […]
October 14, 2023

Variable Expenses And Why They Are Important

What is Variable Expense?  Managing your money can feel tricky when you can’t control all your expenses. Some costs, like car payments, always stay the same. […]
October 12, 2023

Year-to-date: What It Means And How To Calculate It

Year-to-Date (YTD) calculations serve as a valuable tool across a multitude of industries, including business management, accounting, and finance. They provide an efficient means of assessing […]
October 4, 2023
form 8832

What Is IRS Form 8832 And How To File It

Tax form 8832 is used by partnerships or Limited Liability Companies (LLCs) to pick or change their tax classification. In short, Form 8832 lets taxpayers elect […]
September 29, 2023
Operating Cash Flow

What Is Operating Cash Flow And How To Calculate It?

Exploring Operating Cash Flow (OCF)   Operating Cash Flow, often called cash flow from operating activities, is like a snapshot of a company’s financial health. It […]