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MONTHLY DIGESTIVE 03, DEC/JAN 2017GENERAL MANAGER UPDATE Dear Valued Partners, 2016 has been an eventful year for all of us. As we look forward to 2017, we are working hard to make your experience
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Monthly digest is a report that summarizes financial information and activities for a specific month.
Businesses and individuals who have financial transactions or activities that need to be reported to the relevant authorities are required to file monthly digest.
Monthly digest can be filled out either manually or electronically, depending on the requirements of the reporting authority. It usually involves entering financial data for the month into the designated form or template.
The purpose of monthly digest is to provide a summary of financial activities and transactions for a specific month, which can be used for record-keeping, analysis, and compliance purposes.
The information that must be reported on monthly digest typically includes income, expenses, assets, liabilities, and other financial transactions that occurred during the month.
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