The Impact of Cashless Payment on Indonesian Economy: Before and During Covid-19 Pandemic

This study aims to analyze the impact of cashless payments on Indonesia’s economy, before and during the COVID-19 pandemic. The economic growth in this study is calculated through GDP at constant price and the cashless payment in this study are represented by transactions through debit card, credit card, and e-money. The data used in this study uses secondary data in the form of time series data from January 2018 to December 2022. The data was obtained from the Central Bank of Indonesia (BI) statistic data and Statistics Indonesia (BPS). The analytical method used in this study is the Autoregressive Distributed Lag (ARDL). Based on the results of estimations indicate that in the short run as well as in the long run, debit card and credit card have an insignificant impact on economic growth, while e-money has a positive and significant impact. Cashless payment has a significant positive impact on economic growth, before and during COVID-19 pandemic, however during the pandemic, the impact of cashless payment on economic growth was bigger. As a result, the current cashless policy should be modified to create an efficient payment system while also considering the impact of using cashless payment instruments during the COVID-19 pandemic

FINANCIAL REPORT ASSISTANCE FOR MICRO BUSINESS IN ILIR BARAT II DISTRICT, PALEMBANG CITY

Micro, Small and Medium Enterprises (MSMEs) have the potential to be developed because they contribute to the economy in Indonesia. MSMEs have a significant role in the country's economic growth The main objective of UMKM is basically to gain profits by increasing production efficiency, but in practice it often encounters many obstacles and problems, one of which is the problem of financial management. Good financial recording is very necessary because good financial recording and reporting can be used as a basis for analysis for managerial decisions that can affect business progress. The model of service activities is carried out by the method of coaching skills through the provision of materials and assistance. The result of the activity was that the participants had understood the basic material regarding financial statements, as well as provided assistance to  find out firsthand the problems faced by respondents and solutions to overcome these problems