Accounts Archives - Monily

Accounts

November 8, 2024
xero vs netsuite

Xero vs. NetSuite: Which Accounting Software Is Right for You?

In the digital age, choosing the right accounting software can greatly influence a company’s financial efficiency and accuracy. Two leading names in the field, Xero and […]
November 1, 2024
What Happens If You Get Audited and Don’t Have Receipts

What Happens If You Get Audited and Don’t Have Receipts?

Getting audited is a stressful scenario that most people hope to avoid, but it’s a reality that can happen to anyone. When the IRS selects a […]
October 23, 2024
What is a Recurring Transaction Key Benefits Explained

What is a Recurring Transaction: Key Benefits Explained

Have you ever signed up for a service that magically charges your account every month without you lifting a finger? Congratulations, you’ve experienced the magic of […]
September 20, 2024
Year-End Accounting Checklist Key Steps to Close Your Books

Year-End Accounting Checklist: Key Steps to Close Your Books

As the year draws to a close, business owners and finance teams face the exhausting task of wrapping up their financial records. Closing out your books […]
September 13, 2024
Understanding Consistent Financial Reporting for Small Businesses

Understanding Consistent Financial Reporting for Small Businesses

Running a small business can be both rewarding and challenging. Between managing day-to-day operations, marketing, and customer relationships, financial management often takes the backseat. In fact, […]
August 28, 2024
How to Optimize Your Accounts Payable Management for Maximum Efficiency

How to Optimize Your Accounts Payable Management for Maximum Efficiency

Effective accounts payable management is essential for any organization that wants to maintain its financial health. It involves the systematic process of managing and paying outstanding […]
August 15, 2024
boi reporting

Understanding BOI Reporting: A Guide to Filing a BOI Report

Corporate governance and compliance can get confusing quite fast. Often, the tasks that are the most critical might often be overlooked. One such task is BOI […]
July 26, 2024
7 Proven Strategies for Amazon Seller Accounting

Amazon Seller Accounting: Top Strategies for Financial Success

Taking care of your books is an integral part of an Amazon seller’s business. Often, it is one of the only things Amazon sellers can adjust […]
May 31, 2024
LLC accounting

What is LLC Accounting? Here’s Everything You Need to Know

Starting your own business can often feel like an adventure. Setting up an LLC is akin to setting sail and taking the first step outside your […]