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September 16, 2022
startup bookkeeping

4 Signs You Need To Step Up Your Startup’s Bookkeeping

Ideally, growth should top the to-do list for entrepreneurs and business owners, not bookkeeping. However, that is rarely the case. A big slice of startup owners’ […]
September 9, 2022
what is the back office

What Are Back Office Services?

Back office services don’t directly impact revenue and often get tossed to the back burner. Some ignore them to focus more on so-called essentials – sales. […]
September 2, 2022
Bookkeeping DIY

Small Business Accounting and Bookkeeping: When Is It Time To Stop DIY?

Every buck count, especially for business owners taking a new venture off the ground. At such times, entrepreneurs turn into a one-man army, attempting to do […]
September 1, 2022
s corp bookkeeping

Bookkeeping For S Corporations – Everything You Need To Know

Subchapter S Corporations, also known as S Corps, are called ‘pass-through’ entities. All their profits and losses get passed to the members. Many small and medium […]
August 26, 2022
sole proprietorship bookkeeping

Sole Proprietorship Bookkeeping: 10 Important Tips to Know

Running a business is tough, and it feels tougher when only one person is at the helm. Thus, it is essential for business owners, especially sole […]
August 25, 2022

How Does Outsourced Bookkeeping At Monily Work?

Small and medium businesses have limited resources. Often the owners have to do a million things at once. Besides running day-to-day business operations, they even have […]
August 19, 2022

25 Bookkeeping Terms All Business Owners Should Know

Payables, receivables, depreciations, ledgers, and remittances… have you ever googled fancy terms you find on a balance sheet? Not every business owner has a background in […]
August 17, 2022
Payroll Accuracy

Payroll Accuracy Is A Necessity – The Importance Of Payroll Management

Not many businesses can claim that their payroll is free from errors or discrepancies. In reality, the payroll problem is a common issue many employers face. […]
August 12, 2022
income statement

What Is An Income Statement And Why Is It Important?

Among the three most pivotal financial statements, an income statement or the profit & loss (P&L) statement entails all essential details about your revenues and profits […]