Management of Bookkeeping for MSMEs in the BMT Mazaya Cluster to Establish a Business Entity Unit
Contributors
Adhelia Desi Prawestri
Wahyu Pramesti
Sayekti Endah Retno Meilani
Keywords
Proceeding
Track
General Track
Abstract
In the Society 5.0 era, financial literacy is essential for fostering a creative economy, particularly among micro, small, and medium enterprises (MSMEs). Many entrepreneurs lack an understanding of the importance of straightforward yet effective financial record-keeping for business management. This study aims to provide training and support in developing simple financial reports for MSME clusters assisted by BMT Mazaya, with the goal of enhancing financial literacy and promoting sustainable business growth. The service comprises three key stages: (1) Workshop, to identify the financial literacy needs of MSMEs; (2) Direct Training, to provide foundational training in financial recording led by industry practitioners; and (3) Ongoing Mentorship, to offer continuous support to ensure the implementation of effective bookkeeping practices in daily operations. The outcomes of this initiative indicate a significant need among MSME clusters supported by BMT Mazaya for a deeper understanding of financial recording. This knowledge can enhance their ability to manage finances more effectively. By improving financial literacy, we hope to empower these MSME clusters to achieve greater independence in managing and developing their businesses.