Bookkeeping Archives - Monily

Bookkeeping

September 16, 2022
startup bookkeeping

4 Signs You Need To Step Up Your Startup’s Bookkeeping

Ideally, growth should top the to-do list for entrepreneurs and business owners, not bookkeeping. However, that is rarely the case. A big slice of startup owners’ […]
September 2, 2022
Bookkeeping DIY

Small Business Accounting and Bookkeeping: When Is It Time To Stop DIY?

Every buck count, especially for business owners taking a new venture off the ground. At such times, entrepreneurs turn into a one-man army, attempting to do […]
September 1, 2022
s corp bookkeeping

Bookkeeping For S Corporations – Everything You Need To Know

Subchapter S Corporations, also known as S Corps, are called ‘pass-through’ entities. All their profits and losses get passed to the members. Many small and medium […]
August 26, 2022
sole proprietorship bookkeeping

Sole Proprietorship Bookkeeping: 10 Important Tips to Know

Running a business is tough, and it feels tougher when only one person is at the helm. Thus, it is essential for business owners, especially sole […]
August 25, 2022

How Does Outsourced Bookkeeping At Monily Work?

Small and medium businesses have limited resources. Often the owners have to do a million things at once. Besides running day-to-day business operations, they even have […]
August 19, 2022

25 Bookkeeping Terms All Business Owners Should Know

Payables, receivables, depreciations, ledgers, and remittances… have you ever googled fancy terms you find on a balance sheet? Not every business owner has a background in […]
August 11, 2022
record keeping for small business

10 Best Practices For Small Business Record Keeping

Record keeping is a must-do for every small business. Keeping & maintaining records help you stay on top of your finances and make timely and informed […]
August 5, 2022
general ledger bookkeeping

What Is A General Ledger In Bookkeeping?

Variables are part and parcel of every business, and successful business owners know how to manage these variables like a pro. From managing staff to maintaining […]
August 3, 2022
spreadsheet for bookkeeping

How To Create A Simple Bookkeeping Spreadsheet For Your Business?

A bookkeeping spreadsheet is more than a document with numbers; it is a magic mirror to see where the business stands, how far it has come, […]