Mifos is an open source information management system (MIS) purpose-built for the microfinance industry to help them more efficiently and effectively deliver financial services to the poor. This presentation outlines the flexible data export options in Mifos that allow the MFI to import the necessary transactions and general ledger data to successfully integrate Mifos with their accounting system.

1. UNLOCKING THE POTENTIAL OF MICROFINANCE Accounting Integration in Mifos

4. Accounting Integration: Example #1 (SECDEP) Daily export of summarized Mifos transactions Import or manually enter into accounting system Basic integration with Mifos MIFOS MIS Platform Accounting System

6. Accounting Integration: Example #2 (Jitegemea) Basic integration, plus reconciliation with bank accounts Daily export of Mifos transactions summarized at center level Import transaction data by center Enter bank statements with deposit slip amounts Reconcile deposit slips with Mifos data, and transfer to respective GL accounts MIFOS MIS Platform Bank Accounts Accounting System

8. Accounting Integration: Example #3 (ENDA) Integrations with both cash management and accounting systems Daily export of Mifos transactions by branch and product type Import or manually enter into accounting system Validation for Mifos transactions, and other reports related to other expenses CSV of Mifos transactions at individual transaction level MIFOS MIS Platform Accounting System Cash Management System