Answer Posted / vijay kumar

There is lots of answers but no one has given the proper
answer of the question.Basically Midlle level management
prepare the MIS Report & send it to Higher management so
that they can take effective decison to make profit & if
required then cut the cost.

The things covered in the report is depend upon the
department like,

For Accounts- Income & Expenditure statement, liabilities
of Taxes, Outstanding Reports of Suppliers, Cash flow, & If
possible monthly BS and P & L.

For Production - Cost of Production Report, Price change
report, Monthly reconcilation between purchase vs
production, Ware house Report(Stock),Production vs Wages
reconcilation

For HR - Monthly Joining & Attrition List, Total Salry of
the company Department wise, PF & ESI Report,Monthly MIS
must include any accident for the month,if any.
i agree with Mr. neeraj

For Marketing or Sales - in marketing deptt. any activity
to be done base by company MIS report e.g total marketing
of the product is based what is our sale, wht is our
approved buget & ur product is world wild available,then
main purpose of MIS report is to facilitate the higher/top
management in making decision for a particular brand

Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

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