Payroll Archives - Monily


August 31, 2023
7 Steps - How to Set Up Payroll for Small Business

How To Setup Payroll For Small Businesses: A 7-Step Guide

Running a small business comes with a multitude of responsibilities, and one of the most crucial aspects is managing and setting up payroll. Ensuring that your […]
August 9, 2023
Payroll Accounting

The Ultimate Guide To Payroll Accounting

This comprehensive guide delves deep into payroll accounting, unraveling its core concepts, best practices, and legal implications. Whether seeking insights into the payroll process or aiming […]
August 3, 2023
Outsourcing Payroll How it Works, Benefits & Best Practices

What Is Outsourcing Payroll? What Are Its Benefits?

When a company opts for payroll outsourcing, it typically involves transferring various payroll functions to the external service provider. These functions may include calculating employee wages, […]
August 2, 2023
What Are the Benefits of Paperless Payroll?

What Is Paperless Payroll? What Are The Benefits Of Paperless Payroll?

In this digital age, businesses continually seek innovative solutions to streamline operations and maximize productivity. One area that has undergone a significant transformation is payroll management. […]
June 14, 2023
What Is an Invoice-Small Business Invoicing Guide

What Is An Invoice? Small Business Invoicing Guide

What is an invoice  An invoice is a commercial document that provides a detailed summary of goods or services, given by a seller to a buyer. […]
April 19, 2023
Operating Income-Guide for Business Owners

Unpacking Operating Income: Guide for Business Owners 

Operating income is a financial measure that shows a company’s profit from its operations before accounting for non-operating expenses such as interest, taxes, and other income […]
March 31, 2023
certified payrolls

What Are Certified Payrolls: A Detailed Guide For Employers

What is a Certified Payroll?  If you’re an employer, you may have heard the term “certified payroll”. It’s an important aspect of running a business, especially […]
March 29, 2023
severance package

Severance Package – Everything You Need To Know

A severance package is an agreement between an employer and an employee, usually in the event of a layoff, termination, or retirement. It is a set […]
March 28, 2023
payroll frequency

What Is Payroll Management? How To Determine Pay Frequency?

What Is Payroll Management?   Payroll management refers to the process of administering the financial records of employees’ salaries, wages, bonuses, and deductions. It involves calculating employee […]