Depok-For Micro, Small, and Medium Enterprises (MSMEs), making financial reports is important. It will be useful in controlling operational costs and evaluating business performance. From these records, business actors can also develop their business according to their capacities and abilities.
Because of the importance of this, from February to August 2023, 63 Vocational students, Accounting study program, Vocational Education Program, Universitas Indonesia (UI), divided into several teams, were moved to provide assistance to 15 MSMEs in Greater Jakarta Area. The fifteen MSMEs are groots coffee; Dapur Bu Diana; Y-OUTS; Ilvy Ashila Make Up; Little Smile Decoration; PT. Unta Merah Kreasi; Enthree Coffee & Kitchen Cibinong; CV. Taisi Corporation; Tamelo Atap Coffee; Dels Cakery; Moses Coffee, Messes Roastery, Mosses Syrupe; Klinik Eksekutif Jakarta; Seqapla Coffee; PT KAIZEN GENETICS INDONESIA; and Bunna Coffee. The assistance aims to prepare financial reports and bookkeeping for their MSMEs.
The UI Vocational students are under the guidance of Andhita Yukihana Rahmayanti, SE.Ak., M.Si., CA., CPA., CBV., Cert.DA., from the Accounting study program. The head of this community service program is Andhita Yukihana Rahmayanti, SE.Ak., M.Si., CA., CPA., CBV., Cert.DA. During the mentoring period, students are given time to look for MSMEs as partners, collect data, make reports, and present reports at the end of the lecture period. The initial step begins with forming a team consisting of four members plus a companion (lecturer).
Next, they conduct a survey and assessment of the capabilities of the targeted MSMEs. Then, they submit their services to MSMEs and provide direct assistance in preparing the required financial reports and tax reports.
The financial reports that are prepared also follow the rules that have been written in the Financial Accounting Standards for Micro, Small and Medium Entities, so that the reports produced are more credible and comply with applicable regulations. In addition, the financial reports that are compiled no longer use excel, but use the Accurate application. The use of this application is an implementation of the collaboration between UI Vocational Accounting study programs and Accurate since 2019, and all service students have also been Accurate certified.
In this process, students can also learn directly to run business finance and improve their ability to work in teams. The MSMEs assistance is carried out based on the UI Vocational Accounting study program curriculum.
In the fourth semester curriculum, students need to implement practical courses through community service. The mentoring process is carried out periodically from visits to each MSMEs, to the preparation of financial reports that have been completed and given to each MSMEs. In addition, this is also useful for calculating the tax obligations that must be paid by MSMEs.
(Photo: One of the MSMEs that received assistance from UI Vocational students and lecturers)
In terms of taxation, students also guide MSMEs actors to follow the latest developments in tax regulations and increase their awareness to pay their tax obligations. Students also guide MSMEs to determine the right fee rates according to the services they sell.
According to Deandra, the owner of the Deandra Personal Training MSMEs located in Kemang with one worker, she feels helped by the program run by UI Vocational. She said, “Now I know the financial projections of the business I run and understand the basics of accounting to apply them to my business.”
It was also conveyed by Gilang Ramadhan, the owner of Bunna Coffee MSMEs, which is located in Senopati with a workforce of ten people, “Thanks to the help from UI Vocational students, I have come to understand the tax obligations that must be fulfilled as MSMEs actors.”
In addition to providing benefits for MSMEs, the program has a positive impact on students in terms of increasing knowledge and insight into the business world. Students can also see new business opportunities and innovations that can be implemented. The Director of the UI Vocational Education Program, Padang Wicaksono, S.E., Ph.D, said that this activity can provide experiences for students to develop and contribute positively to society and the country. “I hope that the assistance for MSMEs can provide benefits, both for MSMEs and students. In addition, UI Vocational continues to strive to provide community service, both from students and lecturers,” said Padang.
