Entrepreneurship and Community Development
Vol. 2 No. 1 (2024): MAY 2024

Digital Financial Bookkeeping Training for MSME Entrepreneurs

Damayanti, Misvia (Unknown)
Putra, Purnama (Unknown)
Khoiriyah , Ummi (Unknown)
Widyowati, Dian Desty (Unknown)



Article Info

Publish Date
19 Nov 2023

Abstract

The service activity aims to provide outreach, training, and assistance to MSMEs in Sukabungah Village on creating digital financial bookkeeping. Effective bookkeeping is crucial for business progress, enabling MSMEs to track financial flows, income, and profits accurately. Observations reveal that while MSME actors in Sukabungah Village engage in bookkeeping, it is not performed optimally. To address this, the service team implemented a digital bookkeeping training program using the "BukuWarung" application. The program's results demonstrate significant improvements in the financial management and bookkeeping capabilities of MSME actors. Participants reported increased knowledge and understanding of financial transactions within their businesses and the ability to classify these transactions into assets, liabilities, income, and expenses. They learned to execute an entire accounting cycle, including recording financial transactions in journal form, posting to the ledger, preparing trial balances, and generating profit and loss statements and financial position reports. Overall, the training program has enabled MSMEs in Sukabungah Village to manage their finances more effectively, contributing to business progress and enhancing the welfare of both MSME actors and the broader community.

Copyrights © 2024






Journal Info

Abbrev

ecd

Publisher

Subject

Economics, Econometrics & Finance

Description

The Entrepreneurship and Community Development (ECD) Journal publishes community service and business development articles on all major entrepreneurship, the business community, community empowerment and applied technology topics. The ECDs mission is to offer a forum for the growing amount of ...