SAK EMKM Implementation in Practice: Designing Financial Statements for MSMEs Using Excel-Based Tools (A Case Study of PT Satya Utama Abadi)

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in national economic growth; however, many still fail to implement proper financial reporting in accordance with applicable accounting standards. PT. Satya Utama Abadi, as an MSME entity, faces challenges in preparing its financial statements due to the absence of a well-structured and documented accounting system. This study aims to design financial reports based on the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM), enabling the company to produce accurate and relevant financial information.

The research employs a descriptive method with a field study approach through observation, interviews, and direct work practice at the company. The results of this study show that the implementation of a structured Excel-based system enabled PT. Satya Utama Abadi to prepare complete financial statements in accordance with SAK EMKM, including an opening trial balance, general journal, four-column ledger, trial balance, adjusting journal, income statement, statement of financial position, and closing journal. This design not only improved the accuracy and reliability of financial reporting but also provided practical templates that can be directly adopted by the company. It is expected that this financial report design can serve as a reference for the company in improving the quality of its financial information and supporting more accurate decision-making.