ANALYSIS OF THE EFFECTIVENESS OF RECORDING FINANCIAL TRANSACTIONS FOR MSMES AT ALMASQA RESTO MEDAN

Muthia Maharani, Zahira Hanafiah, Aprilia Adira, Hafidz Maulana Nasution, Isra Hayati

Abstract


Abstract : This study aims to analyze the effectiveness of financial transaction recording in Micro, Small and Medium Enterprises (MSMEs) at Almasqa Resto Medan. MSMEs, as a sector that plays an important role in the national economy, often face challenges in good financial management. One of the main factors that affect the performance of UMKM is the Financial Transaction Recording System Implemented. This study uses a qualitative approach by means of data collection techniques using interview techniques and observation techniques. Respondents in this study were direct interviews with business owners to obtain information about financial recording practices carried out at Almasqa Resto Medan. There is a daily financial bookkeeping report for business owners. The results of the study in analyzing the effectiveness of recording financial transactions in Micro, Small and Medium Enterprises (MSMEs) which are very effective are expected to provide insight into the importance of accurate and efficient transaction recording in supporting the sustainability and development of small businesses and provide recommendations to improve the effectiveness of financial management in MSMEs.

 

Keywords: Financial Transactions, MSMEs, and Financial Reports .

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References


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DOI: https://doi.org/10.3059/insis.v0i0.22865

DOI (PDF): https://doi.org/10.3059/insis.v0i0.22865.g12731

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