West Science Social and Humanities Studies
Vol. 1 No. 01 (2023): West Science Social and Humanities Studies

Improving the Efficiency of MSME Financial Statements through Microsoft Excel-Based Applications

Derry Nugraha (Universitas Linggabuana PGRI Sukabumi)
Fazrian Thursina (Universitas Linggabuana PGRI Sukabumi)
Anjani (Universitas Linggabuana PGRI Sukabumi)
Putri Devina (universitas Linggabuana PGRI Sukabumi)
Ade Irma (Universitas Linggabuana PGRI Sukabumi)
Neli Deti (Universitas Linggabuana PGRI Sukabumi)



Article Info

Publish Date
31 Jul 2023

Abstract

This article discusses the use of Microsoft Excel application to improve the efficiency of financial statements in Micro, Small and Medium Enterprises (MSMEs). The purpose of this study is to evaluate the effectiveness of using Excel applications in preparing MSME financial statements, as well as to identify benefits and constraints that may arise in the use of this application. The research method used is a case study by collecting data through interviews and observations of MSMEs that use Excel applications in preparing financial statements. The results showed that the use of Excel applications can increase the efficiency of preparing MSME financial statements. This application allows MSMEs to easily organize and manage their financial data, perform automatic calculations, and present financial information in a more accurate and structured manner. In addition, the use of Excel applications also speeds up the process of preparing financial statements and minimizes human error. In conclusion, the use of Microsoft Excel application can increase the efficiency of preparing MSME financial statements. This application allows MSMEs to manage financial data more efficiently, perform automatic calculations, and present financial information accurately. However, it should be noted that the use of the Excel application also requires adequate user understanding and skills. Therefore, training and mentoring in the use of this application is highly recommended to maximize its benefits for MSMEs.

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Journal Info

Abbrev

wsshs

Publisher

Subject

Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

Description

West Science Social and Humanities Studies is an academic journal that focuses on interdisciplinary research in the fields of social science, science, and humanities studies. The journal aims to present high-quality articles that make significant contributions to our understanding of society, ...