Submission of information so as to create communication between those who report and those who are given the report and whose implementation is communicative, clear and easily understood by all parties is called a business activity report.
Reported by the official website of the Ministry of Education and Culture of the Republic of Indonesia , a business activity report is a form of presenting data from the reporter to the head or owner of capital, regarding the factual conditions of the state of a business activity.
The function and purpose of the business activity report is to provide detailed and objective business activity issues, as well as to provide a brief description of business activities.
Business activity report criteria
Business activity reports should be communicative, clear, and easily understood by all parties.
To be communicative, business activity reports must be prepared in clear and easy-to-understand language. This means that the language used directly answers the problem.
It is said to be logical if all the information analyzed can be investigated for reasons. A systematic business activity report if the information presented is arranged in an order that shows the existence of a relationship.
The contents of the business activity report are work activities in the company that are currently running and work that has been completed.
Business activity reports are prepared at least once a month. Completely compiled and contains matters relating to business obstacles, business progress or setbacks, and others.
Benefits of business activity reports
Quoted from the book Creative Products and Entrepreneurship: Accounting and Finance (2021) by Nur Eli Brahim, some of the benefits of business activity reports are:
- Source of information on business activities
- Be a material for the preparation of plans for subsequent activities
- Knowing the development and process of improving business activities
- Be the basis for determining policy
Several areas need to be analyzed in the business activity report, namely:
- Field of business activity
- Loss/profit
- Finance
- Capital sector
- Field of marketing
- Organizational field
- Administration and bookkeeping
- Employment sector
This is important to know the financial condition and development of each business activity.