Accounts Archives - Page 18 of 18 - Monily

Accounts

May 16, 2021

Bookkeeping vs Accounting: The Difference Between Bookkeeping and Accounting

Bookkeeping and accounting are normally used interchangeably, but they are quite different. While their processes are much different, they both work to support a business throughout […]
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 […]