What are MIS reports and how do you prepare it?
MIS Reports means management information system.which helps to analysis the monthly inflow and out flow of money, stock, staff performance.Not only monthly through MIS reporting we can compare yearly performance .
Report which gives the clear picture of input and output also helps us to improvise the business. The data for this report may vary business to business.
1. For finance it could be balance sheet.
2. For HR it tells about the attrition rate, headcounts.
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