MIS Reports are reports that are required by management in order to assess the organization's performance and enable for speedier decision-making. By examining at each of the words that make up the name, a Management Information System, sometimes abbreviated as MIS, may be comprehended.
To access Tally's Gateway, go to Display > Cash/Funds Flow > Cash Flow.
Go to Tally's Gateway > Reports > Statements of Accounts > Cost centres > Category Summary.
MIS reports entail compiling a condensed and indexed list of numerous features and parameters from one or more departments, such as orders, revenues, workforce statistics, attrition details, and other HR-related data, and comparing it to a preset set of matrix sets for a specific company.
People, business processes, data, hardware, and software are the five primary components of a management information system. To reach corporate objectives, all of these components must operate together.