Services for clients across India. Applicable state, sector and professional requirements are assessed before an engagement.
MIS is management information only if managers can act on it: on time, comparable month to month, and honest about variances. This engagement designs and runs the reporting layer — from clean books to a pack the owner actually reads — without the CFO-level retainer where one is not yet needed.
When this service is typically required
- Reports arrive late, differ in format each month, or not at all
- The owner wants five numbers weekly and a real pack monthly
- Multiple entities/branches need consolidated views
- Investors or lenders have prescribed reporting the team cannot yet produce
Indicative scope
- Reporting design: what is measured, at what frequency, for whom
- Pack build: P&L with budget/variance, cash view, receivables/payables, KPIs
- Consolidation across entities or branches where needed
- Automation of the repeatable parts (Sheets/Apps Script) with audit trails
- Monthly production and a standing review note
Key points at a glance
| Item | Position |
|---|---|
| Foundation | Reconciled books — MIS on unreconciled data is decoration |
| Cadence | Fixed dates; the calendar is the product as much as the pack |
| Comparability | Formats frozen so month 8 reads like month 1 |
| Variance | Every material variance gets one honest sentence, not a colour code |
Deliverables
The designed pack, monthly delivery on calendar, the KPI definitions sheet (so numbers mean one thing), and the automation behind it in your own accounts.
Information and documents generally required
Accounting-system access, prior reports if any, budget where one exists, and the decisions the owner most needs numbers for.
Engagement process
Client responsibilities, assumptions and reliance
Underlying bookkeeping must be current (added to scope where it is not); management reads and responds — reporting into silence changes nothing.
Scope exclusions
Statutory reporting, audits and board-governance advisory; the full CFO layer (forecasting, banking strategy) lives in the Virtual CFO engagement.
Frequently asked questions
MIS vs Virtual CFO — which do we need?
MIS is the reporting layer; Virtual CFO adds forecasting, working-capital management and the monthly discussion. Many clients start here and upgrade when the numbers demand decisions.
Can you consolidate three firms with different accountants?
Yes — a mapping layer standardises their outputs; the consolidation notes where their books disagree so the differences shrink monthly.
Excel packs or dashboards?
Both have a place: a stable PDF/sheet pack for the record, a live dashboard for the daily five numbers. The design step decides the split.
What makes MIS actually get read?
Brevity and consequence — one page up front, variances with sentences, and items that name a decision. That editing is half this service.
The applicable scope, documentation, professional responsibilities and timelines are agreed in an engagement letter before commencement.
Virtual CFOAutomationBookkeepingRequest a Scope DiscussionThis page describes the service in general terms as on 6 August 2026 and is not professional advice or an assurance of any outcome. Registrations, filings, refunds and departmental outcomes depend on facts and the concerned authority. Figures and due dates change; verify current positions before acting.
| Compliance | Due | Note |
|---|---|---|
| Monthly close | By the 10th (good practice) | Feeds GSTR-3B, TDS and MIS on time |
| GST + TDS calendar | 11th / 13th / 15th / 20th | Books must be reconciliation-ready |
| Audit trail software | Mandatory for companies | Rule 3(1), Companies (Accounts) Rules |
| MIS / cash-flow pack | Monthly | Investors and banks expect it |
| Year-end audit prep | From April | Schedule III + ICAI disclosures |
Dates as generally applicable on 15 July 2026; extensions/notifications can change them — confirm current dates before relying.