Accounts Archives - Monily


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 […]
September 15, 2023
What is Gross Margin - Everything you need to know

What Is Gross Margin? Everything You Need To Know

Gross margin is an essential indicator of a company’s ability to produce goods or services efficiently while generating a profit. It stands as one of the […]
September 13, 2023
Business Entity Principle

Business Entity Principle – What It Is And Why It Matters

The business entity principle emphasizes the necessity of maintaining distinct and separate accounting records for a business entity, ensuring that its financial transactions are kept apart […]
September 8, 2023
Capital Expenditure Vs. Revenue Expenditure-Key Differences

Capital Expenditure Vs. Revenue Expenditure: Key Differences

Each corporation must allocate a portion of its financial resources, from cash reserves, profits, or borrowed funds, toward delivering goods and services to customers or expanding […]
September 7, 2023
How to Calculate sum of years digits depreciation

How To Calculate Sum Of Years Digits Depreciation?

Companies acquire physical resources and tangible assets to enhance their business value. Examples include vehicles, machinery, cash, inventory, equipment, and land. These assets have a finite […]
August 29, 2023
The Ultimate Guide to NetSuite Implementation Pricing in 2023

NetSuite Pricing & Implementation: The 2023 Complete Guide

NetSuite, a robust cloud-based Enterprise Resource Planning (ERP) solution, has gained widespread recognition across businesses of all scales. Its tools and capabilities empower organizations to streamline […]
August 25, 2023
10 Common Accounting Errors and How to Avoid Them

What Are Errors Of Accounting, Its Types And How To Avoid Them? 

Accounting is the backbone of any successful business, providing essential insights into its financial health and performance. From small startups to established enterprises, the intricacies of […]
August 24, 2023
Understanding the Role and Benefits of Accounting Technology

Understanding The Role And Benefits Of Accounting Technology

Technology has become a driving force behind efficiency, accuracy, and innovation in the ever-evolving landscape of business and finance. One of the domains profoundly influenced by […]
August 23, 2023
What is Accounting Compliance and Why is it Important

What Is Accounting Compliance And Why Is It Important?

In the world of finance and business, regulatory compliance plays a crucial role in ensuring transparency, accountability, and ethical practices. One industry where regulatory compliance is […]