27 June 2013
1)MIS Reports means management information system.
2)which helps to analysis the monthly inflow and out flow of money, stock, staff performance.
3)MIS Report is produce a Financial Statement of the Company.
for example : Collect day to day report from sales / Purchase / Expenditures etc and produce the report it monthly basis Balance sheet of the Company that is prepared by an Sr. Accountant / Accounts Manager for accounts department for management to analyse financial status of the Company.
And it is compared with previous one, because financial status is either downflow or otherwise and simultaneously it is budgeting after comparison.