UMKM GOING UP A LEVEL: Simple Financial Management, Cost of Goods Manufactured (COGM), and Profit Strategy

Frilla Gunariah (Program Studi Ekonomi Syariah, STAI Sebelas April Sumedang, Jl. Angkrek Situ No.19, Situ, Kec. Sumedang Utara, Kabupaten Sumedang, Jawa Barat 45621)
Gunarto Wardjono (Prodi Ekonomi/Analisis Keuangan, Politeknik Jakarta Internasional, Kawasan SCBD Kav 52-53 Lot 21, Senayan, Kebayoran Baru, Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12190)
Kus Indiyah (Prodi Ekonomi/Analisis Keuangan, Politeknik Jakarta Internasional, Kawasan SCBD Kav 52-53 Lot 21, Senayan, Kebayoran Baru, Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12190)
Patriandari (Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Islam As-Syafi'iyah, Jalan Raya Jatiwaringin Nomor 12, Kelurahan Jaticempaka, Kecamatan Pondok Gede, Kota Bekasi, Jawa Barat)
Sari Mujiani (Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Islam As-Syafi'iyah, Jalan Raya Jatiwaringin Nomor 12, Kelurahan Jaticempaka, Kecamatan Pondok Gede, Kota Bekasi, Jawa Barat)

Britain International of Humanities and Social Sciences (BIoHS) Journal
Vol 8 No 2 (2026): Britain International of Humanities and Social Sciences, June

This Community Service Program aimed to improve the capacity of Micro, Small, and Medium Enterprises (MSMEs) in managing business finances through understanding simple financial management, Cost of Goods Manufactured (COGM), and profit improvement strategies. The activity was conducted in Bantar Agung Village, Majalengka Regency, West Java on May 8–9, 2026 at the Multipurpose Hall of the Bantar Agung Village Office. The program was attended by 11 participants from local MSME communities. The activity was organized by lecturers from Politeknik Jakarta Internasional, STAI Sebelas April Sumedang, and Universitas Islam As-Syafi'iyah in collaboration with the Bantar Agung Village Government. The implementation methods included lectures, interactive discussions, simulations of production cost calculations, and mentoring on simple financial management. The results showed an increase in participants’ understanding of recording business finances, accurately calculating production costs, and determining pricing and profit strategies more effectively. This program is expected to improve the managerial capabilities of village MSMEs so that their businesses can develop sustainably and become more competitive.