Explain What Is Mis Report In Accounting And How Do I Prepare It?

1.	Explain What Is Mis Report In Accounting And How Do I Prepare It?
Answer» MIS report means Management INFORMATION System. MIS is prepared to know the day to day transactions of a company. Simply to know the position of the company ( PROFITABILITY or loss). Income(sales-export,domestic,job work)- Expenditure(manufacturing, ADMINISTRATION,S & D,Financial EXPENSES). MIS report means Management Information System. MIS is prepared to know the day to day transactions of a company. Simply to know the position of the company ( profitability or loss). Income(sales-export,domestic,job work)- Expenditure(manufacturing, administration,S & D,Financial expenses).

Answer»

MIS report means Management INFORMATION System. MIS is prepared to know the day to day transactions of a company. Simply to know the position of the company ( PROFITABILITY or loss).

Income(sales-export,domestic,job work)- Expenditure(manufacturing, ADMINISTRATION,S & D,Financial EXPENSES).

MIS report means Management Information System. MIS is prepared to know the day to day transactions of a company. Simply to know the position of the company ( profitability or loss).

Income(sales-export,domestic,job work)- Expenditure(manufacturing, administration,S & D,Financial expenses).

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