Accounting
MIS (Management Information System / Report) — Meaning
Monthly financial reports providing business performance metrics — P&L, balance sheet, cash flow and KPIs.
What is MIS (Management Information System / Report)?
Management Information System (MIS) reports are periodic financial reports prepared for management decision-making. A standard monthly MIS includes: Profit and Loss statement, Balance Sheet, Cash Flow statement, Sales analysis (by channel, product, geography), Expense analysis, Gross margin by product/category, and working capital metrics (debtor days, creditor days, inventory turnover). MIS is prepared from accounting software (Tally, Zoho Books, QuickBooks) and presented to management or investors by the 10th-15th of the following month.
