EMPOWERING COST OF GOODS SOLD TO MSMEs OWNERS IN CIOMAS, BOGOR
Abstract
Various types of MSMEs business have problems, for example (1) has not enough knowledge about determining the cost of goods sold, (2) determining the cost of finished goods, and (3) preparing profit reports. Based on this situation, as a lecturer from faculty economic and business, accounting program, Sahid university we are interested to provide community service to MSME in Ciomas, Bogor, West Java. MSMe in Ciomas, West Java have not calculated the Cost of Goods Sold (COGS) in right ways to determining the goods prices. As we know, the business owners only determined the costs only using estimation costs and they have not reflected the appropiate costs. Based on this situation, counseling and assistance activities are carried out to determine COGS for MSMEs. The activity was carried out by using participatory approach and in the end we hope business owners can find out and compile COGS reports for their goods so that the selling price and the desired profit achievement are measured.
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References
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