MIS is wide domain not only made for accounting sitel. its a new domain and its very sophisticated u said the implementation meaning or the usage of it but its totally different. mis start from the moment of starting point of the software project before designing also and it has the methodology of designing but lets keep it simple and agree about what u said before
MIS As mentioned by the others here, is Management Information Systems, and basically it is the process within an accounting software or system that allows you to create reports that simplify the information in an accounting program to allow managment to make key decisions. Features such as budgeting, cashflow managment, Aging details of recievables and payables, as well as standard BS and P&L statements.
Larger systems will also allow you to look at detailed project by project costing and process costing.
Always remember though, that only by doing good detailed entries and a properly arranged chart of acounts, can you reap the benefits of MIS.
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MIS is wide domain not only made for accounting sitel. its a new domain and its very sophisticated u said the implementation meaning or the usage of it but its totally different. mis start from the moment of starting point of the software project before designing also and it has the methodology of designing but lets keep it simple and agree about what u said before
have a nice day
MIS may be "Monthly Income Scheme" or it can also be "Management information system".
samsam, I dont have an MBA, but I sure know how to use software.
thats right siltel thats the exact role of MIS; and i know that coz i have a MBA in MIS.
MIS As mentioned by the others here, is Management Information Systems, and basically it is the process within an accounting software or system that allows you to create reports that simplify the information in an accounting program to allow managment to make key decisions. Features such as budgeting, cashflow managment, Aging details of recievables and payables, as well as standard BS and P&L statements.
Larger systems will also allow you to look at detailed project by project costing and process costing.
Always remember though, that only by doing good detailed entries and a properly arranged chart of acounts, can you reap the benefits of MIS.
Managerial Information System. whatever informations required for top management for their decision making process comes under this category..
what u mean by mis ??? management information system???