Monily - Page 14 of 33 - Your Bookkeeping & Accounting Partner
March 10, 2023
What Is Inventory Valuation and Why Is It Important

What Is Inventory Valuation And Why Is It Important

What Is Inventory Valuation    Inventory valuation determines the value of a company’s inventory or stock at a particular time. This valuation is important for financial reporting […]
March 9, 2023
Recourse vs Non-Recourse Loan What's the Difference

Recourse Vs. Non-Recourse Loans

When it comes to borrowing money, it’s essential to know the terms of the loan agreement. One key distinction is that a borrower should know the […]
March 7, 2023
Incidental Expenses- Definition, Types and Examples

What Are Incidentals Expenses (IE)?

Incidental expenses (IE) are also known as incidentals. They are the minor fee and the main cost of the services, items, or any paid event during […]
March 2, 2023
what is FTE

What Is FTE And How To Calculate It?

What is FTE? Full-time equivalent or FTE is used by businesses to calculate the full-time hours worked within their business among all employees. It would not […]
March 1, 2023

CPA Vs. Accountant: What’s The Difference?

Accountants and CPAs have their Places within a business. Both are finance experts who help firms achieve compliance with the laws, balance cash flows, and utilize […]
February 24, 2023

What’s The Difference Between Gross Pay And Net Pay?

As a business owner, you are responsible for the livelihood of those employed. Thus, it is a must for you to know the difference between gross […]
February 21, 2023
irs mileage rate 2023

Tax Season 2023: Understanding Standard IRS Mileage Rates

Taxpayers can maximize their returns in multiple ways. There are numerous tax credits and deductions, like the IRS Mileage Rate 2023, to help ease the tax […]
February 17, 2023
Outsourced Accounting

How Outsourced Accounting Helps Small Businesses Survive A Recession

The year 2022 saw the pandemic subside and record-high inflation steals the limelight. Believe it or not, the US is nearing a recession as the economy […]
February 14, 2023
how to make your business recession proof

How To Make Your Business Recession Proof In 2023

In the ever-volatile global economy, recessions remain a possibility. You cannot turn blind to the likelihood of an economic downturn and envision an ideal tomorrow. The […]