Jurnal Pengabdian Masyarakat Al-Fatimah
Vol. 1 No. 1 (2024): Edisi Perdana, Juni 2024

Cash Flow Management Assistance for Micro, Small, and Medium Enterprises (MSMEs) in Bojonegoro and Tuban

Monica Resavita (Institut Agama Islam Al-Fatimah Bojonegoro)
Nanang Setiawan (Institut Agama Islam Al-Fatimah Bojonegoro)



Article Info

Publish Date
10 Jul 2024

Abstract

MSMEs are the backbone of Indonesia's economy. One of the challenges currently faced by MSMEs is operational difficulties, including limited financial and administrative capacity. This limitation makes it difficult for MSMEs to prepare working capital and meet short-term obligations. The objective of this research is to analyze financial management in five MSMEs in the Tuban and Bojonegoro regencies and provide assistance in cash flow management. This assistance is expected to improve financial and administrative capacity, thereby benefiting their business development. Assistance was provided to five MSMEs, namely Toko Kelontong Nurul Muttaqin and Hijab by Azkia Scraft from Bojonegoro, Hendry Aldy MUA, Mebel UD Jaya Makmur, and Toko Kelontong Subur Makmur from Tuban. The research results refer to four indicators of financial management and show that all MSMEs studied use budgeting plans, keep simple records, and exercise adequate control. However, not all MSMEs understand the reporting indicators in their financial statements. The analysis results from this research will serve as material for the assistance provided over approximately three months

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Journal Info

Abbrev

jpmaf

Publisher

Subject

Religion Education Social Sciences

Description

Jurnal Pengabdian Masyarakat Al-Fatimah aims at publishing conceptual thoughts or ideas and research findings that have been achieved in the field of service to the community. This journal focuses on some scope and interest, such as: service to the community, local food security, training, ...