Financial MSME Management of Kube Sumber Rezeki
Reswita, SP .,MM, Dr. Ir. Irnad, M.Si, and Dr. Indra Cahyadinata, SP., M.Sc
Bengkulu- Community Service TEAM of Agricultural Socio-Economic Department, especially the Agribusiness Study Program, Faculty of Agriculture UNIB held financial management training for business groups with KUBE SUMBER REZEKI, Sawah Lebar Village, Bengkulu City on June 19, 2021.
This financial management training activity is based on the needs of the business group with KUBE SUMBER REZEKI on the importance of good financial management so that the performance of the business group with KUBE SUMBER REZEKI can be measured and its business sustainable.
The weakness of financial management in the joint venture group KUBE SUMBER REZEKI is that not all sales are recorded and recorded, sales transactions are made in cash, do not have large capital to develop the business, there is no regular and systematic bookkeeping, no planning for budget needs, business evaluation carried out by real calculation without taking into account depreciation costs, and the owner’s wealth has not been separated from the business owner’s personal wealth. The condition of the KUBE business group as a source of sustenance is almost the same as the results of Wibowo (2021) research that the weaknesses of MSME financial management are: 1) Sales without using sales notes which will make it difficult to determine the amount of income, 2) Sales that are entirely made in cash will be difficult when face competition with similar business actors on a larger scale, whose sales are on credit, 3) Limited capital will also make it difficult to develop their business, 4) All transactions that are recorded simply and have not been recorded in accordance with the provisions will result in the uncertainty of assets, debts and working capital as well as actual profit gains, 5) Determination of working capital which is only estimated will cause the actual working capital requirement to be difficult to know, so it is possible there may be a shortage of working capital, 6) Production costs that have not been calculated in detail and accurately , 7) the depreciation of equipment has not been included in the calculation of production costs, 8) the company’s budget has not been prepared completely and completely, 9) the sales at the BEP level have not been determined because of the limitations of IMK actors in calculating carefully and in detail as well as the lack of knowledge related to finance, 10) Still being used as the only business finance with household finances is a weakness that will make it difficult for IMK actors to use capital for business.
Based on the conditions and problems faced by the business group together with KUBE as a source of sustenance, the PPM TEAM took the initiative to provide training and assistance in good financial management according to accounting standards and carry out bookkeeping systematically, both manually and with computational systems.
