Pkm at the Indonesian Community Organization (Permai) Pulau Pinang in the Implementation of the Accounting Cycle

Abstract

The partner in this PKM is the Indonesian Community Organization (PERMAI) located at Jalan Kuantan 66, George Town, 10150 George Town, Pulau Pinang, Malaysia. PERMAI members consist of Indonesians who live in Malaysia, including entrepreneurs, workers, lecturers, teachers, students and university students who live in Malaysia. PERMAI also seeks to collaborate with parties who are willing to synergize knowledge in the fields of eCommerce, Fintech, Digital Technology and other special skills that are appropriate to establish socio-cultural cooperative relations between the people of Indonesia and Malaysia. Business actors certainly have business units, so they need accounting for the business units they run. Accounting, which starts from recording transactions to financial reports, is a basic science that business people must know. Problem: a). Business people still need accounting knowledge; b) They have not implemented accounting in their business units. Solution: a) Provide knowledge transfer to PERMAI business actors about what accounting is and what its cycles are; b) Providing training on the accounting cycle starting from recording transactions to preparing financial reports for PERMAI business actors. Target: a) Provide knowledge transfer to PERMAI business actors about accounting and its cycles, b) Provide accounting cycle training to PERMAI business actors, starting from recording transactions to preparing financial reports. Evaluation and monitoring will be carried out to ensure the success of the program so that the continuity of the implementation of accounting for business actors at PERMAI will continue and be beneficial, especially for PERMAI business actors in Pulau Pinang, Malaysia.