Open AccessEscalation of Village Enterprises in Developing Digitalized Financial Management Innovations in the Tapal Kuda Area
Author(s) -
Moch. Shulthoni,
Resha Dwi Ayu Pangesti Mulyono,
Ahmad Roziq,
Marmono Singgih,
Muḥammad Farīd,
Hery Prasetyo
Publication year - 2022
Publication title -
asian journal of economics, business and accounting
Language(s) - English
Resource type - Journals
ISSN - 2456-639X
DOI - 10.9734/ajeba/2022/v22i130540
Subject(s) - business , accounting , accounting management , profit center , profit (economics) , finance , small and medium sized enterprises , accounting information system , economics , microeconomics
In Indonesia, many profit-oriented entities operate, one of which is Village-Owned Enterprises which is included in a profit-oriented organization to improve village welfare. The main activity of Village-Owned Enterprises is as a village-owned business center that aims to increase the value of the village. Village-Owned Enterprises as a profit entity must meet financial reporting standards that have been ratified and issued by the Indonesian Institute of Accountants (IAI) to maintain the transparency of its entity. Financial Accounting Standard Micro Small Medium Entity (FAS MSME) as a guideline for the presentation of financial statements of profit-oriented entities clearly explains how an entity that has a permanent advantage prepares financial statements for entities such as Village-Owned Enterprises. The web is a database application that provides multi-functional calculation features as a perfect bridge for compiling mosque financial reports that are more relevant and accountable. Following Financial Accounting Standard Micro Small Medium Entity (FAS MSME) guidelines, the outputs generated by using a web-based tool to compile mosque financial reports are a list of accounts, general journals, ledgers, trial balances, profit/loss statements, statements of changes in equity, and statements of financial position.