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MIS of debtors

shehnaz (Student CA IPC / IPCC) (53 Points)

21 February 2022

I want to know what is monthly MIS of debtors

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prasad Nilugal ( GST Practitioner & Accounts ) (14260 Points)
Replied 21 February 2022

MIS report is different from organization to organisation . MIS stands for Management Information service about Debtors

1) Oping Balance of debtors
2) payment received during the month
3) New Debtor's in the month
4) Any Bad debts during the month
5) Any part payment received etc .
6) secured and Unsecured consider good

Normally we prepare ageing report of Debtors
Outstanding
0 to 30 days
30 to 60 days
60 to 90 days
90 to 120 days
120 days and above .

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