Accounts Archives - Page 2 of 18 - Monily

Accounts

May 23, 2024
Operating Cycle Formula The Only Guide You’ll Need!

Operating Cycle Formula: The Only Guide You’ll Need!

Tracking your company’s operating cycle throughout the year is often the best way to gauge how your business is performing and whether it is headed towards […]
May 16, 2024
What is a suspence account

What is a Suspense Account: Definitions | Examples | Purpose

No other profession in the world requires the level of accuracy often expected from an accountant. Yet there are times when transactions can’t be fully revealed […]
April 22, 2024
What Are Non-deductible Expenses

What Are Non-deductible Expenses?

The IRS expects to receive tens of millions of returns filed by taxpayers in 2024, at the last minute. Yes, most tax filers wait till the […]
April 4, 2024
5 Reasons Why You Need a CFO For Your Business

5 Reasons Why You Need a CFO For Your Business

Do I need a CFO? What does a CFO do? Should I hire a CFO? Questions like these are common among startup owners and entrepreneurs who […]
February 21, 2024
NetSuite Cloud Accounting Comprehensive Guide

A Comprehensive Guide to NetSuite Cloud Accounting

We already detailed in a previous blog here, what NetSuite is all about. In short, it is a cloud-based suite of management tools that, on a […]
November 10, 2023

What is a Stale Dated Check? Explained in Detail

Managing your business finances involves various aspects. You must handle bill payments, clear debts, and ensure timely employee payment. There are instances where you may need […]
October 27, 2023

Change In Net Working Capital: Formula, Calculations, and Guide

Net working capital is like a financial health checkup for a company. It tells us if a business has enough money to handle its daily expenses […]
October 20, 2023

Contribution Margin Vs Gross Margin What’s The Difference?

The Real Difference Between Contribution Margin and Gross Margin  Occasionally, investors and company leaders might mix up gross profit or margin with contribution margin. Big mistake!   […]
October 19, 2023

How To Calculate Year-Over-Year (YOY) Growth

Regardless of the specific market or industry you’re in, maintaining steady progress is crucial for your business’s ongoing success. This is where the concept of year-over-year […]