Analysis of Inventory Recording in Church-Owned Enterprises (BUMG BNKP) BNKP LPLG Unit
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Abstract
This study aims to analyze the inventory recording practices implemented by the Church-Owned Enterprise (BUMG BNKP) Unit LPLG BNKP, which operates as both a printing unit and a distributor of church service products. Using a descriptive qualitative approach, data were collected through observation, interviews, and documentation. Findings reveal that although the unit applies the FIFO method in managing inventory flow—where the first goods received are the first to be sold—the existing stock card format is not fully aligned with PSAK No. 14. Key gaps include the absence of recorded purchases, sales returns, and purchase returns, resulting in inconsistencies between administrative records and physical inventory. Several challenges were also identified, such as delayed data entry, discrepancies between warehouse stock and administrative reports, and non-integrated documentation formats. The study proposes improvements to the stock card format by integrating all types of inventory transactions into a single record-keeping system based on FIFO and PSAK No. 14. Implementing these improvements is expected to strengthen internal control, enhance accuracy in financial reporting, and reduce the risk of losses due to inventory errors.
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How to Cite
Zebua, A. S., Sophia Molinda Kakisina, Harefa, I., & Zebua, D. I. (2025). Analysis of Inventory Recording in Church-Owned Enterprises (BUMG BNKP) BNKP LPLG Unit. ProBisnis : Jurnal Manajemen, 16(06), 088–2092. Retrieved from https://ejournal.joninstitute.org/index.php/ProBisnis/article/view/1296
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Babaei, G., Giudici, P., & Raffinetti, E. (2023). Explainable FinTech lending. Journal of Economics and Business, 125–126(June), 106126. https://doi.org/10.1016/j.jeconbus.2023.106126
Chinoda, T., & Mashamba, T. (2021). Fintech, financial inclusion and income inequality nexus in Africa. Cogent Economics and Finance, 9(1). https://doi.org/10.1080/23322039.2021.1986926
El Gohary, E. (2019). The impact of financial technology on facilitating e-government services in Egypt. Journal of Distribution Science, 17(5), 51–59. https://doi.org/10.15722/JDS.17.5.201905.51
Emara, N., & Zhang, Y. (2021). The non-linear impact of digitization on remittances inflow: Evidence from the BRICS. Telecommunications Policy, 45(4), 102112. https://doi.org/10.1016/j.telpol.2021.102112
Festa, G., Elbahri, S., Cuomo, M. T., Ossorio, M., & Rossi, M. (2023). FinTech ecosystem as influencer of young entrepreneurial intentions: empirical findings from Tunisia. Journal of Intellectual Capital, 24(1), 205–226. https://doi.org/10.1108/JIC-08-2021-0220
Hornuf, L., & Haddad, C. (2019). The Emergence of the Global Fintech Market : Economic and Technological Determinants Christian Haddad The Emergence of the Global Fintech Market : Economic and Technological Determinants Abstract. Small Business Economics, 53, 81–105.
Hua, X., & Huang, Y. (2021). Understanding China’s fintech sector: development, impacts and risks. European Journal of Finance, 27(4–5), 321–333. https://doi.org/10.1080/1351847X.2020.1811131
Imerman, M. B., & Fabozzi, F. J. (2020). Cashing in on innovation: a taxonomy of FinTech. Journal of Asset Management, 21(3), 167–177. https://doi.org/10.1057/s41260-020-00163-4
Krah, R., Tetteh, L. A., Boateng, A., & Amankwa, R. F. (2024). Financial technology adoption among small and medium enterprises in Ghana. Cogent Business and Management, 11(1). https://doi.org/10.1080/23311975.2024.2321786
Marjudi, S., Setik, R., Ahmad, R. M. T. R. L., Hassan, W. A. W., & Kassim, A. A. M. (2023). Utilization of Business Analytics by SMEs in Halal Supply Chain Management Transactions. International Journal on Informatics Visualization, 7(2), 407–415. https://doi.org/10.30630/joiv.7.2.1308
Muganyi, T., Yan, L., Yin, Y., Sun, H., Gong, X., & Taghizadeh-Hesary, F. (2022). Fintech, regtech, and financial development: evidence from China. Financial Innovation, 8(1). https://doi.org/10.1186/s40854-021-00313-6
Najib, M., Ermawati, W. J., Fahma, F., Endri, E., & Suhartanto, D. (2021). Fintech in the small food business and its relation with open innovation. Journal of Open Innovation: Technology, Market, and Complexity, 7(1). https://doi.org/10.3390/joitmc7010088
Neelam, & Bhattacharya, S. (2022). Financial Technology Solutions for Financial Inclusion: A review and future agenda. Australasian Accounting, Business and Finance Journal, 16(5), 170–184. https://doi.org/10.14453/aabfj.v16i5.11
Nguyen, D. D., Dinh, H. C., & Van Nguyen, D. (2020). Promotion of fintech application for the modernization of banking-finance system in Vietnam. Journal of Asian Finance, Economics and Business, 7(6), 127–131. https://doi.org/10.13106/JAFEB.2020.VOL7.NO6.127
Okoli, T. T. (2020). Is the relationship between financial technology and credit risk monotonic? evidence from the brics economies. Asian Economic and Financial Review, 10(9), 999–1011. https://doi.org/10.18488/journal.aefr.2020.109.999.1011
Okoli, T. T., & Tewari, D. D. (2020). An empirical assessment of fintechs heterogeneous transmission channels to financial development among African economies. Cogent Economics and Finance, 8(1). https://doi.org/10.1080/23322039.2020.1829273
Rusliati, E., Soegoto, A. S., Martutiningrum, D., Suganda, D. A., Dahliana, D., Yulinda, & Sesa, P. V. S. (2024). Investigating the effect of financial literacy on financial inclusion: Mediating role of financial technology. Journal of Infrastructure, Policy and Development, 8(7), 1–15. https://doi.org/10.24294/jipd.v8i7.5193
Senyo, P. K., & Osabutey, E. L. C. (2020). Unearthing antecedents to financial inclusion through FinTech innovations. Technovation, 98(June), 102155. https://doi.org/10.1016/j.technovation.2020.102155
Stankevičienė, J., & Kabulova, J. (2022). Financial technology impact on stability of financial institutions. Technological and Economic Development of Economy, 28(4), 1089–1114. https://doi.org/10.3846/tede.2022.17093
Tan, G. K. S. (2022). The “fintech revolution” is here! The disruptive impact of fintech on retail financial practices. Finance and Society, 8(2), 129–148. https://doi.org/10.2218/finsoc.7763
Widyastuti, M., & Hermanto, Y. B. (2022). The effect of financial literacy and social media on micro capital through financial technology in the creative industry sector in East Java. Cogent Economics and Finance, 10(1). https://doi.org/10.1080/23322039.2022.2087647