Enhancing Financial Literacy and Simple Reporting Skills Among Indonesian Migrant Entrepreneurs In Penang, Malaysia
DOI:
https://doi.org/10.35568/abdimas.v9i1.7419Keywords:
Financial Literacy, Migrant Workers, Micro Enterprises, Bookkeeping, Community Service, Financial ReportingAbstract
The goal of this community service program was to help Indonesian migrant business owners in Penang, Malaysia, learn more about money and how to report it simply. Many small business owners don't keep their business and personal finances separate, use informal financial practices, and don't know much about their tax obligations. These conditions make it harder for them to get formal loans and make their businesses less sustainable. The program was for 75 Indonesian migrant workers and small business owners. It included lectures, discussions, and hands-on tutorials on basic financial management, capital planning, simple bookkeeping, and how to pay taxes on income earned abroad. The evaluation used tests before and after to see how well people understood the goals of financial management, the accounting cycle, sources of capital, how to keep track of transactions in a systematic way, and how to report and pay taxes. The results show a big improvement in the participants' skills, with the average score going up from 37.2 percent to 80.2 percent, or 43.0 percent. The biggest improvement was knowing how to keep track of income and expenses and file taxes and reports. Participants said that the training materials were useful for their daily work and helped them plan their cash flow and keep better records of their transactions. The results indicate that structured financial literacy training can greatly help Indonesian migrant entrepreneurs become better managers and keep their small and micro businesses going.
Downloads
References
Bangun, B. H. (2023). Strategi dan kebijakan penanganan pandemi COVID-19 oleh negara-negara anggota ASEAN: Dampak terhadap hak pekerja migran. Jurnal Pacta Sunt Servanda, 4(1), 50–67. URL: https://www.un.org/en/development/desa/population/migration/data/estimates2/estimates19.asp
Dhiu, M., & Kusuma, A. J. (2021). Analisis kebijakan pemerintah Indonesia atas moratorium Tenaga Kerja Indonesia ke Timur Tengah pada tahun 2015. Global Insight Journal, 6(2), 1–18. DOI: https://doi.org/10.52447/gij.v6i2.4766
Farida, E. (2020). Kewajiban negara Indonesia terhadap perjanjian internasional yang telah diratifikasi (Convention on the Protection of the Rights of All Migrant Workers and Their Families). Administrative Law & Governance Journal, 3(1), 182–191. DOI: https://doi.org/10.14710/alj.v3i1.182-191
Herawati, H., Tabroni, R., & Lusiana, S. (2018). The effectiveness of tax regulation socialization strategies on taxpayers’ comprehension and compliance in implementing their tax obligations. International Journal of Business Review (The Jobs Review), 1(2), 145–154. DOI: 10.17509/tjr.v1i2.12980
Juniansyah, K., Kontesa, E., & Amancik. (2023). The existence of Indonesian migrant worker placement agencies in the consignment process of Indonesian migrant workers. Bengkoelen Justice: Jurnal Ilmu Hukum, 13(1), 117–131. DOI: 10.33369/j_bengkoelenjust.v13i1.27805
Kusdarini, E., Puspitasari, C. D., Sakti, S. W. K., & Wahyuni, P. M. (2021). The urgency of legal literacy for Indonesian migrant workers through distance education. Fiat Justisia: Jurnal Ilmu Hukum, 15(4), 399–416. DOI: 10.25041/fiatjustisia.v15n4.2317
Maghriby, B., Ramdani, D., & Triharjono, S. (2017). Pelatihan dan konsultasi perpajakan di lingkungan Sekolah Tinggi Ilmu Ekonomi (STIE) Ekuitas Bandung. Jurnal Dharma Bhakti Ekuitas, 1(2). http://repository.ekuitas.ac.id/handle/123456789/325
Nugraeni, & Susilawati, I. (2020). Pelatihan pembukuan Kelompok Wanita Tani (KWT) Karya Bunda. Dinamika: Jurnal Pengabdian Kepada Masyarakat, 4(1), 74–79.
Prajanti, S. D. W., & Rengga, W. D. P. (2023). The probability of migrant workers becoming participants of BPJS for employment. Journal of Economic Education, 12(1), 84–91. URL: https://journal.unnes.ac.id/sju/index.php/jeec/article/view/72751
Sarpingah, S., Sormin, F., & Handayani, R. (2017). Influence of taxation knowledge and socialization of implementation PP 46 Year 2013 on tax compliance for certain WPOP small and medium business (UMKM) owners: Case study in KPP Pratama Cengkareng, West Jakarta. Research Journal of Finance and Accounting, 8(22), 128–136. URL: http://www.iiste.org
Syaputra, R. (2019). Pengaruh persepsi wajib pajak atas penerapan Peraturan Pemerintah Nomor 23 Tahun 2018 dan pemahaman perpajakan terhadap kepatuhan wajib pajak usaha mikro, kecil, dan menengah dengan sosialisasi perpajakan sebagai variabel moderasi. Jurnal Magister Akuntansi Trisakti, 6(2), 121–144. DOI: http://dx.doi.org/10.25105/jmat.v6i2.5560.
Tarmidi, D., Waluyo, W., Asih Surjandari, D., & Hazlina Ahmad, N. (2023). Training final income tax calculation for MSME WITA Jakarta according to PP 55/2022. MOVE: Journal of Community Service and Engagement, 2(6), 191–197. DOI: 10.54408/move.v2i6.217.
Widjaja, S. U. M., Rachmawati, D., Munir, S., & Satrio, Y. D. (2020). Pemberdayaan UMKM gerabah melalui pembentukan komunitas pra-koperasi di Kabupaten Ponorogo. Dinamika: Jurnal Pengabdian Kepada Masyarakat, 4(1), 26–35. https://doi.org/10.31849/dinamisiav41.3235.
