A financial information system is business software that inputs, accumulates, and analyzes accounting and financial data to help financial managers make decisions about allocating and controlling financial resources. It contains major categories like cash and investment management, capital budgeting, and financial planning and forecasting. A financial information system also contains input subsystems like the internal audit subsystem and financial intelligence subsystem, as well as output subsystems such as the forecasting subsystem, funds management subsystem, and control subsystem to input and output financial data.

1. FINANCIAL INFORMATION
SYSTEM(FIS)

2.  What is financial information system?
A financial information system is a type of business
software used to input, accumulate, & analyse financial and
accounting data
 FIS help us to manage finances
Maintaining accounts manually
FIS support financial managers in decisions concerning
,alocation & control of financial resource

3. Major FIS categories include
1. Cash & Investment management
2. Capital budgeting
3. Financial planning & forecasting
Spreadsheets are heavily used for
this process incorporates present value
analysis of expected cash flows and
probability analysis of risk to determine
the optimum mix of capital

4. Financial Information system contains
INPUT SUBSYSTEMS
Input subsystem
Internal audit subsystem
Financial intelligence subsystem
OUTPUT SUBSYSTEMS
Forecasting subsystem
Funds management subsystem
Control subsystem

5. INPUT &OUTPUT SUBSYSTEM
 The input subsystem is the part of the linux kernel
that manages the various input devices that user
used to interact with kernel, command line and
graphical user interface.
 The output subsystem is the interface layer
between the client OS and the 32 bit client services
provided by Netware.