MASMe: Developing Mobile Accounting Software for Micro Entrepreneurs
Keywords:
Micro-Entrepreneurs, Financial Management And Accounting, MASMe, Waterfall, System Development Life Cycle (SLDC), Unified Modelling Language (UML),Abstract
In this study, a new mobile accounting application called MASMe has been developed to assist microentrepreneurs in the area of financial management and accounting. The MASMe prototype helps to simplify finance and accounting processes and produce real-time reporting both online and offline. This will help micro-entrepreneurs to understand the accounting concepts and to obtain information to help manage their business and better decision-making. The system will also enable micro-entrepreneurs to apply for business loans and government grants from government agencies and banks to expand their business. As mobile accounting software, MASMe is reasonably simple and straightforward and uses the simple concept of money-in and money-out (i.e. cash flow) given many micro-entrepreneurs have limited finance and accounting knowledge. Employing the Waterfall method of the System Development Life Cycle (SLDC) the requirements of users were collected, and the design of the model was constructed using the Unified Modelling Language (UML) technique. The model was validated and tested through the development of the prototype with feedback received from users of the system. While several inherent limitations were noted, these limitations are expected to be overcome in future versions of the application with the ability to print invoices, export data into Microsoft Excel and to expand the loan payment function of the application to benefit microentrepreneurs.References
Suraiya I., Ahmad Raflis C.O. and Azhar A. (2012). Tales of the Survivors: The Bumiputera Entrepreneurs’ Experience. Asian Social Science Journal, 8(3)
Ummi S. A.R. and Isma A.J. (2012). Mentranformasi Usahawan Mikro: Kajian Kes Sahabat AIM. Unpublished Paper. Presented at Persidangan Libatsama Universiti dan Komuniti (LUK 2012). Penang, Malaysia.
Jumaat A. M., Ahmad Raflis C.O., Zaimah D. and Hamdino H., (2012). Amalan Pengurusan Kewangan di Kalangan Usahawan Asnaf. Prosiding PERKEM, VII, Jilid 2,762 – 769.
Rosdi (2002), Faktor-faktor Kegagalan Usahawan Melayu, Unpublished Research Paper. Majlis Amanah Rakyat, Johor Bahru.
NurulHuda C. A. and Ramlee M. (2009). Kajian Kes Usahawan Tani Industri Kecil Sederhana (IKS) Bumiputera di Negeri Terengganu. Jurnal Pendidikan Malaysia 34(2): 143 – 165.H.
SME Corp Malaysia, 2013, http://www.smecorp.gov.my/vn2/node/37
Laporan Ekonomi (2014). Portal Rasmi Kementerian Kewangan Malaysia, Retrieved May 2, 2018 from Laporan Ekonomi 2013/2014. http://www.treasury.gov.my/pdf/ekonomi/le/1314/bab3.pdf.
Gelinas J. U., Sutton G. S., and Hunton E. J. (2005). Accounting Information Sytems 6th Edition. Thomson South-Western.
Hall A. James (2013). Accounting Information System 8e, USA: South-Western Cengage Learning.
Gregory, Brian T., M.W Rutherford, S. Oswald and L. Gardiner. (2005). An empirical investigation of the growth cycle theory of small firm financing. Journal of Small Business Management, 43(4), 382- 392.
Howorth, Carole and N. Wilson. (1999). Late payment and the small firm: an examination of case studies. Journal of Small Business and Enterprise Development, 5(4), 307-315.
Mohd Hassan M.O. (1998). Faktor-Faktor yang Mempengaruhi Kejayaan Usahawan Kredit Mikro di Negeri Johor. Unpublished Research Paper. UTM.
Downloads
Published
How to Cite
Issue
Section
License
TRANSFER OF COPYRIGHT AGREEMENT
The manuscript is herewith submitted for publication in the Journal of Telecommunication, Electronic and Computer Engineering (JTEC). It has not been published before, and it is not under consideration for publication in any other journals. It contains no material that is scandalous, obscene, libelous or otherwise contrary to law. When the manuscript is accepted for publication, I, as the author, hereby agree to transfer to JTEC, all rights including those pertaining to electronic forms and transmissions, under existing copyright laws, except for the following, which the author(s) specifically retain(s):
- All proprietary right other than copyright, such as patent rights
- The right to make further copies of all or part of the published article for my use in classroom teaching
- The right to reuse all or part of this manuscript in a compilation of my own works or in a textbook of which I am the author; and
- The right to make copies of the published work for internal distribution within the institution that employs me
I agree that copies made under these circumstances will continue to carry the copyright notice that appears in the original published work. I agree to inform my co-authors, if any, of the above terms. I certify that I have obtained written permission for the use of text, tables, and/or illustrations from any copyrighted source(s), and I agree to supply such written permission(s) to JTEC upon request.