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MIS Report in Excel Progress Chart

Learn to make MIS Progress Report in Excel, to show the result of employees, teams or departments in Excel effectively . This Mis Report is created using Doughnut chart and is best used to highlight the targets achieved by someone. The MIS reports is an added functionality to enable quicker and meaningful reports for the administrators and system managers to get a complete understanding of the resources usage, uptime/downtime, performance or call tracking. This provides extensive reporting and analysis to support better decision making and to plan/organize the business operations. MIS reports helps in generating valuable models of the inventory status, performance efficiency, and utilization reports. These MIS Excel reports help the decision makers by providing the quantitative model of the existing resources and their usage patterns thus offering the valuable integration of the business decisions with the current business operations. MIS Reports A Management Information System is a system that provides information needed to manage organizations efficiently and effectively. Further, it is regarded as a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Benefits of Financial Management Information System (FMIS) and Accounting Information System (AIS) Monthly accounts of transactions Cash Flow Sources & uses of funds Ledger & Journal Monthly Return and Statement Processing Trial Balance & Balance Sheet Payroll Accounting Financial MIS Provides financial information to all Financial Managers in the Organization Provides reports with fixed and standard formats – Hard and soft copy reports Strategic Plan or Corporate Policies – Contains major financial objectives and often projects financial needs Accounting MIS Provide aggregated information on Accounts Payable Accounts Receivable Payroll Transaction Processing System (TPS) Important financial information collected from almost every TPS – payroll, inventory control, order processing, accounts payable, accounts receivable, general ledger. External sources Annual reports and financial statements of competitors and general news items Financial MIS Subsystems and Outputs Profit/loss and cost systems Auditing Internal Auditing External Auditing Uses and management of funds Elements of usable MIS Timeliness Accuracy Consistency Completeness Relevance MIS Reports Scheduled Report Produced periodically (daily, weekly, monthly) or on a schedule Key-indicator Report Summarizes the previous day’s critical activities Typically available at the beginning of each day Demand Report Gives certain information at a Manager’s request Exception Report Automatically produced when a situation is unusual or requires management action Download the practice file from http://www.myelesson.org/downloads *Other useful Excel Videos* 10 Most Used Formulas MS Excel    • 10 Most Used Formulas MS Excel   Learn Basic Excel Skills For Beginners || Part 1    • Learn Basic Excel Skills For Beginner...   10 Most Used Excel Formula    • 10 Most Used Excel Formula ☑️   *Most Imporant Excel Formuls Tutorials* Learn Vlookup Formula For Beginners in Excel    • Learn Vlookup Formula For Beginners i...   5 Excel Questions Asked in Job Interviews    • 5 Excel Questions Asked in Job Interv...   Create Speedometer Chart In Excel    • Create Speedometer Chart In Excel   Learn the Basic of Excel for Beginners || Part 2    • Learn the Basic of Excel for Beginner...   Create Pareto Chart In Excel    • Create Pareto Chart In Excel   How to Create Dashboard in Excel    • How to Create Dashboard in Excel ☑️   Excel Interview Questions & Answers    • Excel Interview Questions & Answers ☑️   To watch more videos and download the files visit http://www.myelesson.org To Buy The Full Excel Course visit . http://www.myelesson.org/product or call 9752003788 Connect with us on Facebook -   / excelmadeasy   Connect with us on Twitter -   / excelmadeasy