Article · Temiang Village
Financial Management Training for Makmur Jaya Women Farmers
The Makmur Jaya Women Farmers’ Group in Temiang received financial management training to support its activities and enterprises.
Makmur Jaya Women Farmers’ Group (KTWMJ) is a group of mothers who work to advance agriculture, especially in the management of agricultural products on peatland that has potential in their area. KTWMJ is also an integral part of the sustainable use of peatland in Temiang Village.
KTWMJ is a women's group that has a role and potential for economic growth and community welfare through products that have value and are accepted by the community.
Yayasan Gambut sees the need for capacity building in the group's financial management, so that KTWMJ can prepare statements of changes in capital and profit and loss reports, so that each member of the group knows how much assets they have and where they come from, which can be seen in the balance sheet and reports.
The training process went well, with around 18 group members attending as participants, the participants were very enthusiastic about the material presented, the training was held at the house of the Chair of the Makmur Jaya Women Farmers’ Group in Temiang Village.
According to Tuty, the chair of the Makmur Jaya Women Farmers’ Group, this training is really needed because it will help with administrative processes and internal financial reports and group reports. So far, the group has not applied the basic principles of finance in report management.
During the training process, basic accounting theories and terms in bookkeeping were explained, then followed by practice using financial formats that had been prepared earlier. Participants were taught to input data into the general ledger through daily journals or every transaction that occurred.
Training participants were also explained and taught how to make tables for basic costs, including capital (consumable production materials/equipment), making tables for salary systems, and making tables for cash inflows. Questions were also raised by participants from their understanding of the basic theories presented, such as current and non-current assets that differ like cash, accounts receivable, supplies, deposits, and prepaid expenses, and then machines, equipment, buildings, land, and vehicles. Several challenges, such as the limitations of laptop devices, did not hinder the Makmur Jaya Women Farmers’ Group from attending the training, this condition became a motivation for KTWMJ to continue developing with the resources they have.