Development of Receipt Accounting System and Disbursement Accounting System of Cooperatives in Baan Mankong Project, Koh Khwang Sub-district, Mueang District, Chanthaburi Province

Abstract

      The purpose of this research was to develop the accounting system for receiving and disbursement accounting system of cooperatives in Baan Mankong Project, Koh Khwang sub-district, Mueang district, Chanthaburi province. The research period was from 25th November 2022 to 25th July 2023. The study was qualitative research. The in-depth interview was conducted by the cooperative's president and individuals responsible for maintaining the cooperative's accounts. The data was gathered by documents, textbooks, documents for accounting purposes, and cooperative project stable housing accounting manual. For the data collection, the content analysis was performed.
The research findings indicated that accounting was conducted in accordance with the regulations set by the cooperative registrar by manual accounting practices following the regulations set by the registrar. These manual records were subsequently transferred into accounting software. The issues in accounting management for the cooperative stemmed from a lack of prior experience in using income and expenditure accounting systems. There was a deficiency in knowledge regarding proper accounting systems, both income and expenditure. Additionally, there was a lack of empirical process flowcharts, leading to occasional confusion and error in task execution. The study was conducted and developed in terms of 4 accounting systems: 1) the receipt accounting system, concluding: 1.1 member share capital receipt system, and 1.2 rental payment receipt system for land leasing, and 2) the disbursement accounting system, concluding 2.1 debt repayment accounting system for members, and 2.2 public utility expenses payment accounting system. These systems were suitable to align the operational characteristics of the cooperatives. These were designed for practical usability. The implementation was expected to reduce error in task execution within the aforementioned accounting system.