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THE EFFECT OF FINANCIAL LITERACY, E-WALLET USAGE AND BUSINESS FINANCIAL PLANNING ON MSME FINANCIAL MANAGEMENT IN MEDAN CITY Ahmad Rivaldo Tarigan; Austin Alexander Parhusip
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 4 (2026): April
Publisher : PT. Radja Intercontinental Publishing

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Abstract

This study aims to determine the effect of financial literacy, e-wallet usage, and business financial planning on the financial management of culinary MSMEs in Medan City, both partially and simultaneously. The sample consisted of 100 respondents selected using purposive sampling. This research employed a quantitative associative method with multiple linear regression analysis, processed using SPSS. The research instrument was tested for validity and reliability, and the regression model met the classical assumption tests (normality, multicollinearity, and heteroscedasticity). The results show that financial literacy has a positive and significant effect on MSME financial management (β = 0.263; t = 3.221; Sig. = 0.002), e-wallet usage has a positive and significant effect (β = 0.192; t = 2.615; Sig. = 0.010), while business financial planning has a positive and significant effect (β = 0.480; t = 5.743; Sig. = 0.000). Simultaneously, the three variables significantly affect MSME financial management (F = 57.978; Sig. = 0.000), with an Adjusted R Square of 0.633, indicating the three variables explain 63.3% of the variation in MSME financial management. This study is expected to serve as a reference for MSME actors in improving financial literacy and the utilization of digital payment technology to support better business financial management.
Co-Authors Adam, Aisyah Azhar Adhitya, Wisnu Rayhan Afandi, Bima Affan Sanni, Muhammad Rizky Afriani, Putri Ahmad Rivaldo Tarigan Aisyah Azhar Adam Aisyah Azhar Adam Al-Farabi, Muhammad Riza Amelia, Rahayu Ananda Fitriani Dewi Ananda, Dwi Fika Anggi Dwi Shantika Arafah, Putri Arum Ari Prabowo Aulia Ramadhani Basaruddin Basaruddin Basaruddin Basaruddin Dea Larasati Dewi, nanda Fitriani Dinda Ramadhani Dwi Fika Ananda Elisa Febriola Br. Gultom Elvina Fitriani Elza Feroza Fitri Yani Fitria, Rada Gilang Adiko Gita Sefira Danty Hafiza Akhyar Indriani Irene Ika Wardhani Irene Ika Wardhani Jumeida Simatupang Leni Nadiya Lubis Leni Nadiya Lubis Lira Putri Salsabila Liswanti, Ina Namora Putri Lola Dwi Antika M. Rafly Ramadhan M. Syachdan Azhari Maliky, AnggiPutri Manurung, Ratih Oktavia Meirisa, Putri Muhammad Fathur Rahman Muhammad Rizky Affan Sanni Mutiara Annisa Mutiara Annisa Nasywa Ardina Munthe Ningsih, Ratna Novia Ramadhania Siagian Nur Maulidayanti Nurul Izzah Lubis Nurul Izzah Lubis, Nurul Izzah Prakoso, Adam Saman Prassty, Andini Purniawti, Tati Purwita Purwita Sari, Purwita Putri Afriani Putri Arum Arafah Rahayu Amelia Rani Adillah Ratih Oktavia Manurung Ratna Ningsih Raysa Alifia Rendy Dwi Ananda Ridho Gilang Adiko Rindy Anggraini Lubis Risma Santi Rizki Sari , Purwita Sari, Tika Nirmala Satrio, Ahmad Agung Simatupang, Jumeida Sindy Aura Puspita Br Hutagalung Siregar, Ratih Anggraini Siti Aisyah Sri Rahayu Kiem Tabliq Kurniawan Dalimunthe Tambunan, Sayyidatul Aulia Tati Purniawti Taufiq Risal Taufiq Risal Tika Nirmala Sari Tika Nirmala Sari Unknown Risma Vibi Alamsyah Vibi alamsyah Wijaya, M. Rizky Yahya Tanjung Yahya Tanjung Yahya Tanjung Yuli Arnida Pohan Yuli Arnida Pohan Yusriadi