Abstract
This study aims to explore the accounting practices and their development during the Ternate Sultanate of Sultan Babullah era (1570-1583). This period is a golden era as the sultanate was expanded from the north of Mindano to the south of Bima and from west of Makassar to the east of Banda. Using document analysis and interviews with the sultanate descent family member and historians as the primary source of data, this study employed ethno archaeological approach. The results revealed that accounting was understood in various types during the era that included economic transactions in traditional markets, the use of money for covering social needs, and taxation mechanisms. The sultanate also developed a well-arranged of taxation system where all types of taxation could be paid not only with money, but also by manpower for the Kadaton (or palace), goods, and kora-kora (or royal fleet).
Highlights
The history of accounting in Indonesia has become an emerging research interest among Indonesian accounting scholars
This study aims to explore the accounting practices and their development during the Ternate Sultanate of Sultan Babullah era (1570-1583)
This study aims to explore accounting practice and its development in Ternate Sultanate especially in the Sultan Babullah era (15701583)
Summary
The history of accounting in Indonesia has become an emerging research interest among Indonesian accounting scholars. Sukoharsono (1993) states that the existence of the accounting system in Indonesia history can be seen from the data proof of each phenomenon, such as in inscription of taxes transaction data. According to Suarbhawa (2009) inscription is one of the pieces of evidence that has an excellent quality in the reconstruction of ancient history. It provides a comprehensive picture of various situations and events that happened when the inscription was made. Sukoharsono (1995) argues that accounting exists in a business society that is affected by the environment culture where accounting develops It provides a comprehensive picture of various situations and events that happened when the inscription was made. Sukoharsono (1995) argues that accounting exists in a business society that is affected by the environment culture where accounting develops
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