Guide Archives - Monily

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September 13, 2023
Business Entity Principle

Business Entity Principle – What It Is And Why It Matters

The business entity principle emphasizes the necessity of maintaining distinct and separate accounting records for a business entity, ensuring that its financial transactions are kept apart […]
July 21, 2023
What is Return on Assets (ROA) And How to Calculate It

What Is Return On Assets (ROA) And How To Calculate It?

Understanding Return on Assets (ROA) and how to calculate individuals and businesses alike need to evaluate their financial performance and make informed decisions. ROA is a […]
July 12, 2023
Blockchain and Finance Will both work together in the future

Blockchain And Finance: Will Both Work Together In The Future?

Have you ever wondered how blockchain technology revolutionizes banking, financial services, and FinTech industries? With its potential to enhance the digital customer experience, reduce costs, and […]
July 7, 2023
IRS Phone Number A Detailed Guide on Customer Service

IRS Phone Number: A Detailed Guide On Customer Service

Dealing with taxes can be challenging and complex, especially when faced with questions or concerns regarding your tax returns or payments. While the Internal Revenue Service […]
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 […]
August 11, 2022
forbes article banner

Why And How Physicians Can Improve Their Practice Management Strategy Through Outsourcing

NOTE: This post originally appeared on forbes.com. On a breezy evening in spring, John and Kevin, two handsome young men, graduated from the same medical college. […]
June 30, 2022
Cash Management Strategies

Cash Management Strategies: 10 Things You Need To Know

As the business expands, it gets tougher to manage day-to-day finances while ensuring forward motion. Without a cash management strategy, a startup heads into trouble sooner […]
August 3, 2021

Bookkeeping Basics for Entrepreneurs