Technology-Based financial management of batik Riau MSMEs

Abstract

The problem faced by Batik Riau MSMEs (Batik Candafa and Batik Bujang) is the lack of knowledge on how to keep financial records. Most of the financial recording is done manually and is very limited in its implementation. Therefore, training and mentoring on a good digital technology-based financial recording system can help Batik Riau MSMEs to sustain their existence. For this reason, this program has developed financial management training activities and a desktop-based financial management system to help Batik Riau MSMEs manage their finances effectively and efficiently. The methodology used in this activity is design, procurement, training and evaluation of activities. The activity results show some increase in the ability of MSME employees to make and understand cash flow statements, income statements, balance sheets and the accuracy of current financial records.