MIS reports help every business as they provide precise information to the management. These reports help businesses to make right decisions and check the progress of the business. Review of these reports help to resolve the problematic areas of the business.
MIS reporting is the heart of Jainam software. These reports include Balance sheet, Profit and Loss, Trial Balance, cash and Bank statement etc. Interest projection can be viewed with these reports. For example, Jainam software shows how much income, financer can make in the next one year. There are also different charts to analyze the business, Party Trial and Party Ledger. All reports can be viewed, printed and emailed. They can also be exported to Excel.
Below are the Components of MIS reports in Jainam Software.
All the MIS reports are under the option Business Summary
1: Dashboard: gives a clear picture of cash in hand, bank balance, Total balance, Total Income, Total Expenses, Total Profit&Loss, projected Income,Projected Expenses,Projected Profit&Loss etc.
2: Balance Sheet: A balance sheet in Jainam Software is a financial statement that reports a company’s assets, liabilities and shareholders’ equity for a specific date range. It also provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.
3.Profit & Loss Statement: The profit and loss (P&L) statement in Jainam Software is a financial statement that summarizes the Profits and expenses incurred during a specific period.
4: Trial Balance: A trial balance in Jainam Software is a list of all the ledger accounts required for the business. This list contains the name of each ledger account and the ledger balance. Each ledger account will hold either a debit balance or a credit balance.
5: Day Book: Day book in Jainam Software records All the Transactions made on a particular Date.
6: Cash statement: A cash statement in Jainam software is a financial statement that summarizes the amount of cash entering and leaving a company.
7: Bank statement: A bank statement in Jainam Software is a list of all transactions for a bank account over a particular period. This statement includes deposits, charges, withdrawals, as well as the opening and closing balance for the period.
8: Account Statement: An account statement in Jainam Software is a summary of all accounts in the software.
9: Financial Statement: Financial statements in Jainam Software are records the financial performance of a company over a period of time.
Therefore MIS reports are very important for the growth of the company. These reports track the financial growth of the company. They analyze the income,expense,profit,loss etc from sources like employees, documents, management, etc. and help solve problems as well as help the company to take major decisions.