The Working Capital Training & Preparation of Business Cash Projections for Titi Putih Village Community as Fisherman's Village (An International Community Service Report)

Authors

  • Azhar Maksum
  • Normah Omar
  • Noor Marini Haji Abdullah
  • Iskandar Muda
  • Erlina
  • Ibnu Austrindanney Sina Azhar
  • Windi Astuti

DOI:

https://doi.org/10.53555/sfs.v10i1.1297

Keywords:

Working Capital, Cash Projection, Raw Material Budget, Budgeting

Abstract

The purpose of this paper is to provide training in the preparation of working capital for residents of Titi Putih village, Batubara Regency, North Sumatra, Indonesia by identifying the allocation of the Production budget, Raw Material Budget, Labor Budget and Sales Budget so that the ideal Working Capital scheme with a certain point of sale will generate cash flow. predictable entry so that people can avoid loans from money lenders and banking institutions. The method used is a pattern of socialization, training, strengthening governance and monitoring and evaluation. The participants of the activity were residents of Titi Putih village, Batubara, North Sumatera Province, Indonesia. The results show that with the Applied Excel application feature training related to the Preparation of Working Capital by identifying the allocation of the Production budget, Raw Material Budget, Labor Budget and Sales Budget so that the Working Capital scheme will be able to identify certain sales points that will generate cash inflows.

Author Biographies

  • Azhar Maksum

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

  • Normah Omar

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

  • Noor Marini Haji Abdullah

    Universiti Teknologi MARA Cawangan Kelantan, Malaysia

  • Iskandar Muda

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

  • Erlina

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

  • Ibnu Austrindanney Sina Azhar

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

  • Windi Astuti

    Accounting Department, Universitas Sumatera Utara, Medan, Indonesia

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Published

2023-07-10

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Section

Articles