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Setting up of a Management Accounting Information System
Our client was facing enormous financial difficulties due to lack of accounting information in his day-to-day management. Due to lack of accounting information on the actual costs, management could not take strategic decisions regarding pricing policies.

A new system for maintaining the accounting books and records of the company was set up. An appropriate accounting software, according to the client's needs, was chosen to support this new system. Efficient and timely accounting information were generated, and included:

-Updated bank balance for each bank
·Detailed analysis of income and cost of sales
·Regular management accounts
·Comparison of actual and budgeted results
·Detailed cost per profit centre
·Other accounting management information customised as per client's specific needs
 






 
 
 

 
 
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