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Chapter: 12th Accountancy : Chapter 10 : Computerised Accounting System- Tally

Data exchange with other information system

A Management Information System (MIS) is a system that provides information for decision making at all levels of management.

Data exchange with other information system

A Management Information System (MIS) is a system that provides information for decision making at all levels of management. It includes manufacturing information system, marketing information system, human resource information system and accounting information system. Accounting Information System (AIS) collects financial data, processes them and provides information to the various users. To provide information AIS requires data from other information system that is manufacturing, marketing and human resources. Similarly, other information systems require data from AIS in order to provide information. Thus, data exchange among the information systems is inevitable. For example, to compute amount of wages to be paid, AIS requires data from manufacturing information system and human resource information system.

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12th Accountancy : Chapter 10 : Computerised Accounting System- Tally : Data exchange with other information system | Computerised Accounting System- Tally | Accountancy


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