Bookkeeping Archives - Page 2 of 7 - Monily

Bookkeeping

August 30, 2023
Important of Medical Bookkeeping and Accounting in Healthcare

What Is The Importance Of Medical Bookkeeper? 

The healthcare field is one of the most intricate and pivotal industries worldwide. It operates within a rigorous regulatory framework, necessitating healthcare organizations to uphold meticulous […]
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 17, 2023

QuickBooks Desktop Discontinued: What Are The Alternatives?

Intuit, the creators of the accounting software QuickBooks, have recently announced that they will discontinue support for the 2020 version(s) of QuickBooks Desktop (QBD) by May […]
August 1, 2023
A Detailed Guide to Bookkeeping for Nonprofits

A Detailed Guide To Bookkeeping For Nonprofits

If you’re involved in running a nonprofit organization, you understand the importance of maintaining accurate financial records. Effective bookkeeping is crucial for legal compliance and transparent […]
June 16, 2023
S Corporation vs LLC Differences & Benefits

S Corporation Vs LLC: Differences & Benefits

What is LLC?   LLC stands for Limited Liability Company. It is a type of legal entity that is separate from its owners, also known as members. […]
June 2, 2023
unearned revenue 

What Is Unearned Revenue? How To Record And Report It?

What is unearned revenue?   Unearned revenue, also known as advance payments, refers to a company receiving payment from a customer for goods or services that still […]
June 1, 2023
Balance Sheet vs. Income Statement What's the Difference

Balance Sheet Vs. Income Statement: What’s the Difference?

A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific time. It presents a summary of what […]
May 31, 2023
Accumulated Depreciation

Accumulated Depreciation: Key Insights for Business Owners

What Is Accumulated Depreciation?   If you own a business, keeping track of your assets is crucial to your financial well-being. One important aspect of asset management […]
April 27, 2023
Uncovering Accrued Expenses

Uncovering Accrued Expenses: Benefits, And Drawbacks

What are accrued expenses?  An accrued expense is an accounting term that refers to an expense that a company has incurred but has yet to pay […]