scholarly journals FINANCIAL INTELLIGENCE OF SMALL ENTREPRENEURS IN MANAGING FINANCIALS

2021 ◽  
Vol 8 (02) ◽  
pp. 136-148
Author(s):  
Yuli Yanti Wulan ◽  
Indrawati Yuhertiana
Keyword(s):  
Development Strategy ◽  
Financial Management ◽  
Sampling Method ◽  
Significant Contribution ◽  
Small And Medium Enterprises ◽  
Net Income ◽  
Financial Reports ◽  
Medium Enterprises ◽  
Financial Intelligence ◽  
Selection Of

Micro, Small and Medium Enterprises have a significant contribution to the economy in Indonesia, but a phenomenon that often occurs is the problem of business actors who do not use financial reports in running their business but their business is still running, this study aims to find out how the financial intelligence of small entrepreneurs in managing finances his efforts.This research is a qualitative research, data collection techniques are carried out by observation, interviews, and documentation studies. Selection of informants using purposive sampling method based on the criteria that the informants are small entrepreneurs who have run their business for at least 5 years and do not make financial reports.The findings of this study indicate that the importance of financial intelligence in the financial management of micro, small and medium enterprises (MSMEs) is considered to be still poorly understood by entrepreneurs and still lacks understanding of financial reports. Small and medium entrepreneurs are still working on bookkeeping to the extent of recording income and expenses. As a result, the company's net income and income tax estimates are difficult to know. This becomes a difficulty for many small entrepreneurs to determine a business development strategy.

scholarly journals Pengaruh Lama Usaha dan Pemahaman Akuntansi Terhadap Kualitas Laporan Keuangan UMKM

2021 ◽  
Vol 9 (1) ◽  
pp. 51-60
Author(s):  
Teguh Erawati ◽  
Lisna Setyaningrum
Keyword(s):  
Financial Management ◽  
Small And Medium Enterprises ◽  
Educational Background ◽  
Collection Method ◽  
Financial Reports ◽  
Level Of Education ◽  
Descriptive Approach ◽  
Medium Enterprises ◽  
Positive Effect

Micro, Small and Medium Enterprises (MSMEs) face several obstacles so that in their business it is difficult to develop, one of which lies in financial management in their business activities so that in presenting financial reports, it creates a separate problem for MSMEs. The purpose of this study was to determine the effect of education level and educational background on the quality of MSME financial reports in Jetis District. The type of research used is quantitative with a descriptive approach. The population in this study were all MSMEs in Jetis District. The data collection method used a questionnaire with a total of 100 respondents. The results of this study provide an explanation that there is a significant positive effect on educational background on the quality of MSME financial reports. Whereas at the level of education is no significant effect on the quality of MSME financial reports.

scholarly journals A Excel for Accounting Assistance as the Solution for SME PT. JAB Surabaya

2019 ◽  
Vol 2 (2) ◽  
pp. 107-120
Author(s):  
Titis Puspitaningrum Dewi Kartika ◽  
Nosy Yodi Metana ◽  
Sri Lestari Kurniawati
Keyword(s):  
Financial Management ◽  
Small And Medium Enterprises ◽  
Financial Statement ◽  
Accounting System ◽  
Financial Reports ◽  
Financial Report ◽  
Accounts Receivable ◽  
Coffee Powder ◽  
Medium Enterprises

Several studies suggested that most of Small and Medium Enterprises (SMEs) only noted the amount of money received and expended, the amount of bought and sold goods, and the amount of accounts receivable/debt. However, the note is functioned as reminder but not supported with the format desired by the banks. Even though, they are still able to know the amount of final capital each year which is almost the same as if we took a note by using accounting system. Therefore, Small and Medium Enterprises (SMEs) are directed through assistance to start taking notes of its business activities in accordance with the Accounting Standards Entities of Micro, Small and Medium Enterprises (SAK EMKM) simply and completely as needed. Basically, the partner's problem in this assistance was due to the accounting administration of financial management at PT. JAB which is not properly arranged such as the determination of HPP. This SME produces coffee powder, chocolate and green tea beverages. It reaches income of Rp. 50.000.000,- per month with the total 3-5 employees and has carried out bookkeeping which is currently experiencing loss. It has already made an excel financial report but in determining HPP, the process costs are not taken into account so that this has no basis. The result of this assistance is the establishment of financial statement which is correct and appropriate in accordance with SAK EMKM. This study is finally able to solve the problem in determining the amount of HPP due to the lack of synchronization between the production data and accounting department. In addition, this study successfully minimizes errors in determining the amount of inventory which affects the error in determining HPP. The problem faced by every SME must be different so that we are expected to provide assistance in making financial reports.

scholarly journals Procedimientos para la selección de ideas y fuentes de financiamiento de emprendimientos / Procedures for selection of ideas and sources of financing ventures

Ciencia Unemi ◽  
2015 ◽  
Vol 8 (14) ◽  
pp. 48
Author(s):  
Carlos Veloz Navarrete ◽  
Oscar Parada Gutierrez
Keyword(s):  
Development Strategy ◽  
Small And Medium Enterprises ◽  
Local Development ◽  
Funding Source ◽  
Poultry Farm ◽  
Theoretical Methods ◽  
Toma De Decisiones ◽  
Medium Enterprises ◽  
Selection Of

La selección de las mejores ideas de emprendimientos y fuentes idóneas de financiamiento, constituyen elementos importantes para la toma de decisiones en las pequeñas y medianas empresas locales. Por esta razón se desarrollaron dos procedimientos teóricos basados en el análisis multicriterio. La aplicación de los procedimientos en el contexto de un estudio de casos permitió seleccionar la mejor idea de negocio y la evaluación de la fuente de financiamiento asociada a un proyecto relacionado con la creación de una granja avícola, que contribuye a la estrategia de desarrollo local y seguridad alimentaria. AbstractThe selection of the best ideas of entrepreneurship and good sources of financing are important elements in decision-making in small and medium enterprises. For this reason two theoretical methods based on multi-criteria analysis were developed. The application of the procedures in the context of a case study allowed us to select the best business idea and assessment of the funding source associated with a project related to the creation of a poultry farm, contributing to local development strategy and security food.

scholarly journals Pengembangan Nata de Coco ala UD Citra Rasa

2021 ◽  
Vol 2 (2) ◽  
pp. 64-73
Author(s):  
Muhamad Fitrah Arjuna ◽  
Dedi Junaedi
Keyword(s):  
Production Process ◽  
Financial Management ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Financial Reports ◽  
Net Worth ◽  
Study Approach ◽  
Online Sales ◽  
Home Based ◽  
Medium Enterprises

Micro, small and medium enterprises or MSMEs refer to the types of small businesses that have a net worth of at most Rp. 200 million, excluding land and buildings where the business is located. MSMEs have proven to be resilient and able to withstand the economic crisis and monetary crisis in Indonesia. This paper aims to analyze UD Nata de Coco Citarasa in Bogor. The method used is descriptive qualitative analysis with a case study approach, observation and interviews. The result is . which is named the image of the taste of nata de coco, with the results of my interview with the owner that UD Nata de Coco is managed with a very simple management. Starting from the production process to marketing, and the production process is still using manually, there are no modern machines. Only use the tools in the kitchen in the production process. Marketing of their products is still not widespread, only by selling to small shophouses, and using word of mouth information, not using a separate website such as online sales. As a home-based business, financial management is still modest, not yet systematically following accounting standards. The financial reports are still integrated with the family finances.

scholarly journals LITERASI DAN MODEL MANAJEMEN KEUANGAN UMKM BERBASIS DIGITAL PADA UMKM-UMKM DI KABUPATEN BOALEMO PROVINSI GORONTALO

2021 ◽  
Vol 5 (2) ◽  
pp. 45-55
Author(s):  
Sukrianto Sukrianto Namrud
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Qualitative Approach ◽  
Management Model ◽  
Community Groups ◽  
Financial Reports ◽  
Descriptive Research ◽  
Manual Recording ◽  
Medium Enterprises

In 2015 to 2020 UMKM in Boalemo Regency have experienced ups and downs. This is a problem of decline, one of the main reasons is that UMKM have not been able to survive with their capital. The purpose of the research is to provide knowledge to community groups/micro and small and medium enterprises (UMKM) about literacy and digital-based UMKM financial management models, and to be able to increase the participation of community groups/UMKM in managing UMKM through the provision of knowledge about digital-based management. Descriptive research method with a qualitative approach. The results showed that UMKM in Boalemo District experienced problems in running their businesses, especially during the pandemic due to the lack of government attention in helping UMKM in Boalemo District. The average UMKM in Boalemo Regency in the use of financial literacy fully understands the development of digital-based UMKM, especially in increasing income, even their education level in managing good financial management and digitally still relies on manual recording. While the digital-based UMKM financial management model is not in accordance with the targets and objectives. This is evidenced by UMKM business actors who have not been able to make financial reports. UMKM in Boalemo Regency have not been able to use information technology and social media, especially in utilizing digital based financial management designs. This is because UMKM only rely on manual recording. Keywords: Literacy, Model, Financial Management and UMKM

scholarly journals Development Strategy for Micro, Small and Medium Enterprises through Islamic Financial Inclusion

2020 ◽  
Vol 9 (1) ◽  
pp. 55
Author(s):  
Warno Warno ◽  
Novatul Isrowiyah ◽  
Rahman El Junusi
Keyword(s):  
Development Strategy ◽  
Sampling Method ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Three Dimensions ◽  
Significant Positive Effect ◽  
Medium Enterprises ◽  
The Impact ◽  
Positive Effect ◽  
Observation Period

This study calculates and analyzes the Islamic financial inclusion index which covers three dimensions; accessibility, availability, and usage of sharia banking. The results showed that the level of Islamic financial inclusion in Indonesia was classified as low during the study period and DKI Jakarta Province was the most inclusive province in Indonesia. Furthermore, this study analyzes the effect of the Islamic financial inclusion index on Islamic financing channeled to Micro, Small and Medium Enterprises (MSMEs) in Indonesia. Using the saturated sampling method, a total of 33 provinces in Indonesia were selected as samples with an observation period. The results show that the Islamic Financial Inclusion Index (IIK) has a significant positive effect on sharia financing channeled to the MSME sector, one of the regions that appears to be growing faster than other regions is Aceh. This research is different from previous financial sector inclusiveness studies that still see and study conventional (non-sharia) financial inclusion and find out the impact of sharia financial inclusion based on sharia financial inclusion indexes on sharia financing distributed to Micro, Small and Medium Enterprises in Indonesia and discuss comprehensively for MSME.

scholarly journals Marketing Strategy of Small and Medium Enterprises (MSMES) Through Instagram in the Marketing Era 4.0

2021 ◽  
Vol 8 (1) ◽  
pp. 15-22
Author(s):  
Ni Komang Mela Tri Utari
Keyword(s):  
Marketing Strategy ◽  
Sampling Method ◽  
Word Of Mouth ◽  
Small And Medium Enterprises ◽  
Use Of Technology ◽  
New Findings ◽  
Data Collection Technique ◽  
Medium Enterprises ◽  
Depth Interviews ◽  
Selection Of

The purpose of this research is to understand and describe how the marketing strategy of MSMEs via Instagram in the Marketing 4.0 era. The data collection technique used was in-depth interviews with the owner of Zeen Shake and its customers as many as 70 people. The selection of informants was carried out by a purposive sampling method and the data collected were analyzed using the Nvivo software version 12. The results of this study showed that Zeen Shake carried out a marketing strategy on Instagram by uploading photos and providing information in captions, providing promos on certain days, and also upload testimonials from consumers. Besides, researchers got new findings, namely Zeen Shake also markets its products through the mouth to mouth marketing or Word of Mouth Marketing (WOMM). In the current era of Marketing 4.0, a new customer path was found (New Customer Path), from 4A (Aware, Attitude, Ask, Act Again) to 5A (Aware, Appeal, Ask, Act, Advocate). This happens because of the use of technology which causes all people to connect with one another.

scholarly journals Training of Effective Online Marketing and Financial Management During the Pandemic for SMEs in Watudandang Village Nganjuk District

2020 ◽  
Vol 4 (2) ◽  
pp. 369
Author(s):  
Yanuar Nugroho ◽  
Phima Ruthia Dwikesumasari ◽  
Bani Alkausar
Keyword(s):  
Information Technology ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Online Marketing ◽  
Purchasing Power ◽  
Financial Reports ◽  
Economic Class ◽  
Business Operations ◽  
Medium Enterprises ◽  
The Impact

Covid-19, apart from affecting the income of big businesses, also affects micro, small and medium enterprises (MSMEs) due to a decrease in consumer purchasing power to the conventional strategies of MSMEs that are not ready to face the crisis. Until now, MSMEs in Watudandang Village are less orderly in the management of operational financial records so that the profits earned cannot increase the economic class of their business, besides that, marketing techniques for MSME products have been carried out online but have not mastered the tricks and strategies of how products can be easily searched so that they are suitable with consumer expectations. The method of implementing this program is carried out in a blended manner in the form of training in the preparation of financial reports for MSMEs and online product marketing assistance. This activity resulted in an increase in the competence of MSME players in analyzing profit and loss more precisely, thus providing an overview / perspective for MSME players to make policies regarding the course of their business operations. In addition, as a result of the impact of this pandemic crisis, MSME players have been able to take advantage of information technology to market their products online so that consumers will still look for these UMKM products. 

scholarly journals PELATIHAN MANAJEMEN KEUANGAN BAGI PELAKU UKM DI TENGAH PANDEMIK COVID-19

2020 ◽  
Vol 4 (1) ◽  
pp. 391
Author(s):  
Baiq Reinelda Tri Yunarni ◽  
Nurul Hidayati Indra Ningsih ◽  
Dedy Iswanto
Keyword(s):  
Venture Capital ◽  
Community Service ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Service Program ◽  
Financial Reports ◽  
Limited Ability ◽  
Service Activities ◽  
Personal Needs ◽  
Medium Enterprises

ABSTRAK                                                               Terbatasnya kemampuan kebanyakan pelaku UKM  dalam mengatur keuangan usahanya, menyebabkan terbengkalainya keuangan usaha mereka, hal inilah kemudian menyebabkan banyak pelaku UKM yang gagal untuk bisa tetap eksis dan berkembang. Berdasarkan hasil wawancara dengan para peserta sebelum kegiatan program pengabdian kepada masyarakat (PPKM), mereka tidak pernah melakukan pencatatan keuangan usaha mereka. Mereka hanya mencatat jumlah hutang pelanggan saja, tidak mencatat jumlah uang masuk maupun uang keluar, dan mereka tidak memisahkan uang pribadi dengan uang usaha. Inilah yang menjadi pemicu kegagalan kebanyakan para pelaku UKM sering terlibat masalah modal usaha, karena modal usaha sering digunakan juga untuk keperluan pribadi. Pengabdian Kepada Masyarakat ini bertujuan untuk memberikan pengetahuan kepada para peserta pentingnya membuat laoran keuangan atau pencatatan keuangan usaha. Pelaksanaan kegiatan pengabdian kepada masyarakat sudah berjalan dengan baik dan lancar. Hasil dari pelaksanaan kegiatan tersebut semua tahapan pelaksanaan kegiatan berjalan sesuai dengan yang direncanakan. Kata kunci: manajemen keuangan; usaha kecil dan menengah (UKM); covid-19. ABSTRACTThe limited ability of most SMEs to manage their business finances, has led to the neglect of their business finances, and this has led to many SMEs who have failed to continue to exist and develop. Based on the results of our interviews with the participants before the activities of the community service program (PPKM), they never did financial records of their friends. They only record the amount of customer debt, do not record the amount of money in and out, and they do not separate personal money from business money. This is what triggers the failure of most SMEs are often involved in business capital problems. Because venture capital is often used also for personal needs. Community Service aims to provide knowledge to the participants the importance of making financial reports or recording financial business. The implementation of community service activities has been going well and smoothly. The results of the implementation of these activities all stages of the implementation of activities run as planned. Keywords: financial management; small and medium enterprises (SMES); covid-19.

scholarly journals Selection of Accounting Software for Small and Medium Enterprises Using the Fuzzy Topsis Method

TEM Journal ◽  
2021 ◽  
pp. 1348-1356
Author(s):  
Oleh Vysochan ◽  
Olha Vysochan ◽  
Alla Yasinska ◽  
Vasyl Hyk
Keyword(s):  
Financial Management ◽  
Small And Medium Enterprises ◽  
Fuzzy Topsis ◽  
Financial Accounting ◽  
Software Packages ◽  
Automation Systems ◽  
Accounting Software ◽  
Tax Reporting ◽  
Medium Enterprises ◽  
Selection Of

In the article, the authors analyse the types of accounting software available on the market, in order to identify the most effective programs in terms of meeting the needs of the accounting service of small and medium enterprises. Alternatives for the choice were: large software packages of corporate type, universal programs for automation of financial accounting, programs for the formation and submission of tax reporting, document automation systems, small programs with an emphasis on financial management. The ranking of types of accounting software in terms of compliance with the requirements of accounting services of small and medium enterprises was led by universal programs focused primarily on the implementation of financial accounting functions with maximum support of the accounting process.

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