Bookkeeping Archives - Page 5 of 6 - Monily

Bookkeeping

July 23, 2021
medical bookkeeper

Making Bookkeeping Easier For Healthcare Providers

Whether you are the CEO of a healthcare facility or you are a doctor running a private medical practice, you must already be aware of how […]
July 2, 2021
how to calculate net income

How To Calculate Net Income

The bottom line on a company’s income statement is often the best way to gauge its financial health and foresee a profitable future – if any. […]
July 1, 2021
difference between debit and credit

Difference Between Debit and Credit – Bookkeeping Basics Explained

In accounting, the terms “debits” and “credits” might get confusing at times. This gets even trickier if you are a small business owner with no prior […]
June 18, 2021

Top 10 Common Bookkeeping Mistakes

Let’s be honest: bookkeeping isn’t fun, but it’s a crucial function that ensures your business continuously generates profits. While technology and the cloud have definitely made […]
June 18, 2021
cogs vs expenses

COGS vs Expenses: What’s the Difference?

One of the frequently asked questions with regard to business spending is whether the Cost of Goods Sold (COGS) and operating expenses are the same thing. […]
May 16, 2021

Top 6 Small Business Bookkeeping Tips For Steady Financial Success

Introduction Efficient management of your small business accounting can help establish your success. Keeping your accounting and finances in order should be an achievable goal. You’ll […]
May 16, 2021

5 Ways a Bookkeeper Can Save You Money

Money, the world revolves around this small five-syllable word. We might not like to accept it or be proud of it but everything you have done […]
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

5 Tips on Managing Bookkeeping Effectively

Effective bookkeeping can be very time-consuming and complicated due to the many loopholes lying around in its process. Many business owners end up diverting their focus […]