All Blog Archives - Page 2 of 32 - Monily

All Blog

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 28, 2023
What is Salvage Value, and How to Calculate After-Tax Salvage Value

What is Salvage Value, and How to Calculate After-Tax Salvage Value?

What is Salvage Value?   Salvage value is the remaining book value of something valuable (like a machine or equipment) after it has gone through wear and […]
November 17, 2023

Personal Bookkeeping Services Guide for Small Businesses

No matter what they do, small businesses will always require help with their financial records. If you’re considering becoming a bookkeeper, our guide can help you […]
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 […]
November 3, 2023

Are Retained Earnings, Assets or Liabilities?

How can you see a snapshot of your business’ financial situation at any time? You can use a document called a balance sheet. This special report […]
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 20, 2023

Tax Form 1120 – What It Is, How To File It

During the tax filing season, you must consider various expenses related to your car and business meals. A recent survey by Capital One found that 56% […]
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 […]