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What is mis report in accounting and how do i prepare it ?

sandeepverma (don't make exuse for study) (304 Points)

19 October 2011

What is mis report in accounting and how do i prepare it ?

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10 Replies

sivaram (Asst Mgr-Taxation) (6918 Points)
Replied 19 October 2011

So many reports are there for each component of Business Function namely for Marketing,For Service,For Production for Finance,For Costing,.Generally Spread sheets are used for Complilng MIS Reports.SAP Reports too facilitates MIS Reporting as it can be saved as excel Formats.There is an exclusive Software Namely Hyerion for MIS

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ANIL PATIL (Sr. Executive Finance) (21 Points)
Replied 15 November 2011

Management Information system is basically meant for to decision making. MIS is to be presented to TOP Management who are involving to determine the organizational objective. Furthernore, on the basis of the information, they are making the short terms and long term goals of an organization. There are three tiers of MIS.

1)TOP Management - CFO,MD's and other MCM members

2) Middle Mangement - Sr.Managers, Managers.

3) Lower management - Executives

divaCA2006 (-----) (36 Points)
Replied 15 November 2011

MIS or Management Information System is a computer based system used by most organizations worldwide for transforming data into useful information for better decision making. It helps management make better plans and carefully organize business operations.

Management information system is used for generating reports including inventory status reports, financial statements, performance reports etc. These reports are essential for analyzing different aspects of business. These reports also help to answer 'what-if' questions like what would be the effect on cash flows of a company if the credit term is changed for its customers etc.
MIS reports also support decision making and it helps to integrate the decision maker and the quantitative model being used. These automated systems allow managers to make decisions for smooth & successful operation of businesses. The systems includes computer resources, people, and procedures used in the modern business enterprise.

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CA MUNUSAMY KUMAR (ACA) (42 Points)
Replied 03 January 2012

any pls. send me MIS report manufacturing company

vinod dogra (Accounts Manager) (22 Points)
Replied 15 September 2012

DEAR EXPERTS

Pls shares yours knowledge with others about MIS reports and send EXCEL format sheets.

vinod dogra

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manoj Kumar (Sr Accountant) (49 Points)
Replied 15 December 2012

Respected Seniors and Dear Friends,

This is Manoj Kumar from Hyderabad, doing as a US Accounts Executive in IT Solutions company,

it is It Staffing and developing company, any one please advice to me how to prepare the MIS financial reports to IT Staffing and developing company, and give some sample xls file,

I am eagarly waiting for your responce

Thanks & Regards

Manoj Kumar

subhashchand gupta (Accounts Manager) (22 Points)
Replied 17 November 2013

Dear all Please give us a format of Excel sheet production for finance,

Roopeshtp (B.Com) (21 Points)
Replied 05 August 2015

pls. send me MIS report samples in jewellery manufacturing company, Budgeting samples, cost calculation in excel...

CA Abhilesh Jha (Practising Chartered Accountant) (45 Points)
Replied 14 November 2015

Here is the format of MIS. It is a Sample of MIS of a Global Company which works on project basis.

For any clarification mail me caabhilesh @ gmail.com

Attached File : 600734 20151114213635 mis sample ca abhilesh jha.xlsx downloaded: 1506 times

nirpesh lamichhane (articleship) (21 Points)
Replied 15 April 2016

In order to attract customers, the shopkeeper gives a discount of 15 percent to all those customers, who hire a bicycle for more than one-week period. Further to attract women customer, he gives additional discount of 10 percent irrespective of hire period. For every bicycle hired; a security deposit of ` 25 must be paid. Draw a flow chart to print out the details of each customer such as name of customer, bicycle model number, number of days a bicycle is hired for, hire charges, discount and total charges including deposits.