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Dear Sir, I want to understand below equations
1 What is the Material accounting?
2 What is the E1 sales and E2 sales and who pay the E1 and E2 form and when?
3 How can I prepare MIS report? I have MIS format but I cannot go through this what are mazer items appear in MIS?
4 How can I prepare cash flow statement I have format but not understand to make cash flow statement. Which method should I use?
5 What we understand in P/L A/c and Balance sheet by using the Ratio analysis how can I prepare this?
6 How can prepare monthly Profit and loss A/c and Balance sheet with Tally ERP 9.

MIS Report is not a specific report. It has to be generated as per the requisition of Management. almost all departments in all industries use MIS report. The format and contents in report depend up on the Department of the industry, situation, problem a-raised etc.

MIS report stands for Managament information system as the name indicate,An MIS report is a tool that managers use to evaluate business processes and operations. for example ABC Company last 3 years turnover was 10Cr continually, but the current year turnover was only 7cr, In this case managment require details of the last 3 years sales, mazor contributed customers, reason for Low turnover, prodcution capacity, quality of products etc details. depend on this information provided by the head of Department Managment will evaluate the information and take a necessary action. this is called MIS (managment Information system) mostly depend upon the situation and problem.

3. It's a Management Information System report also called just the management report. It's usually a special purpose report that an organisation uses to communicate monthly financial information to the company's management team.
Special purpose means there is no prescribed format of how it should look, it just has to convey information relevant to the particular entity.
Some companies want it brief and highlight only the critical KPAs i.e. ratios margins and be mostly graphical instead of having a lot of waffle I.e. dashboard format. This format is required especially since the operational management team gets lost in the accounting jargon if the report has too much detail.
Others need it to go into the details i.e. Income statement, Balance Sheet, Cash flow, debtors, creditors, stock reports etc.
Some want both but instead of monthly they would want to see the quarterly detailed report and the monthly dashboard.
The best way to know what format is to discuss with the management team regarding what they would prefer. Keep in mind though that you should welcome suggestions but you cannot tailor it for each individual needs. Just make sure it covers only information that is relevant to the majority.

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