Financial Management Analysis of MSMEs in Mobile Credit and Internet Shops and Assistance in Preparing Financial Reports Using GF Accounting

Abstract

Micro, Small, and Medium-Sized Enterprises (MSMEs) are crucial to Indonesia's economic development and job creation. Nonetheless, a lot of MSMEs continue to struggle with financial management, especially when it comes to recording transactions and creating financial statements. The purpose of this study is to examine the financial management procedures of Raja Multi, a mobile credit and internet service MSME, and to help with the preparation of financial statements using GF Accounting software in accordance with the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM). A descriptive qualitative method was used in this investigation. Interviews, observations, and documentation of the company's financial records were used to gather data. GF Accounting was introduced, accounts were set up, transactions were recorded, and financial statements were prepared using the available transaction data as part of the help program. The results show that prior to the help program, daily sales notes and spending receipts were the only financial records kept by hand, making it challenging for the business owner to evaluate overall financial performance. Financial transactions were methodically documented and automatically converted into financial statements following the implementation of GF Accounting. The resulting financial statement for May 2026 revealed a net profit of IDR 20,137,000 and a gross profit of IDR 31,293,000. Additionally, the statement of financial status showed IDR 291,137,000 in total assets and no liabilities, which translated into IDR 291,137,000 in total owner's equity. These findings show that using GF Accounting enhanced the organization, quality, and accuracy of financial data, allowing the business owner to have better financial management and decision-making.