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STATE OF NEW MEXICO DEPARTMENT OF WORKFORCE SOLUTIONS PO BOX 1928 Albuquerque, NM 87103 www.dws.state.nm.usPage 1 Triggers M PLE Monthly Statement of Account for Claimant ID:This statement shows the
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01
Gather all receipts and financial documents from the previous month.
02
Create a corresponding entry for each financial transaction in the statement.
03
Input the date, description, and amount of each transaction in the statement.
04
Calculate the total income and expenses for the month.
05
Determine the account balance by subtracting total expenses from total income.
06
Include any additional notes or explanations for specific transactions if necessary.
07
Review the completed statement for accuracy and ensure all information is included.
08
Save and store the statement for future reference.

Who needs monthly statement of account?

01
Individuals who want to track their personal finances.
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Small business owners who need to monitor their cash flow.
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Accountants and financial professionals for record-keeping purposes.
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Banks and financial institutions for auditing and compliance purposes.
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Credit card holders to reconcile their monthly expenses.
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Monthly statement of account is a summary of financial transactions within a month.
Businesses and individuals who have financial transactions are required to file monthly statement of account.
To fill out monthly statement of account, you need to input all financial transactions and balances for the month.
The purpose of monthly statement of account is to keep track of all financial transactions and have a record of account balances.
You must report all financial transactions including income, expenses, and account balances on monthly statement of account.
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