Citation: Robiur Rahmat Putra & Vanessa Gilda (2023). The Failure of Accounting Knowledge to Moderate Interest in
Using Accounting Software for MSMEs with the UTAUT2 Model. Saudi J Econ Fin, 7(2): 68-76.
68
Saudi Journal of Economics and Finance
Abbreviated Key Title: Saudi J Econ Fin
ISSN 2523-9414 (Print) |ISSN 2523-6563 (Online)
Scholars Middle East Publishers, Dubai, United Arab Emirates
Journal homepage: http://saudijournals.com
Original Research Article
The Failure of Accounting Knowledge to Moderate Interest in Using
Accounting Software for MSMEs with the UTAUT2 Model
Robiur Rahmat Putra
1
, Vanessa Gilda
1*
1
Accounting Study Program, University 17 August 1945 Jakarta, Indonesia
DOI: 10.36348/sjef.2023.v07i02.001 | Received: 17.12.2022 | Accepted: 31.01.2023 | Published: 05.02.2023
*Corresponding author: Vanessa Gilda
Accounting Study Program, University 17 August 1945 Jakarta, Indonesia
Abstract
The purpose of this study is to analyze the UTAUT2 model of interest in using accounting software in MSMEs by using
accounting knowledge as a moderating variable. The data collection technique uses simple random sampling through
Google Forms in the form of a questionnaire. This study has a total sample of 164 respondents with the criteria of MSME
owners. The data processing method in this study is to use smartPLS with the aim of testing the hypothesis. The results of
this study indicate that performance expectations, hedonic motivation, and social influence have a positive and significant
effect on the intention to use accounting software while accounting knowledge cannot moderately and negatively
influence the UTAUT 2 model on interest in using accounting software. The results of this study recommend that to
increase interest in using accounting software for MSMEs, it is necessary to socialize the meaning of accounting and
procedures for using accounting software for MSMEs in order to improve the management of financial reports.
Keywords: Accounting knowledge, MSME, Interest in use, Software accounting, UTAUT2.
Copyright © 2023 The Author(s): This is an open-access article distributed under the terms of the Creative Commons Attribution 4.0 International
License (CC BY-NC 4.0) which permits unrestricted use, distribution, and reproduction in any medium for non-commercial use provided the original
author and source are credited.
INTRODUCTION
In the 4.0 era, technology has a significant role
in human activities, one of which is in the business
world. Technology can help a lot in the business world,
especially regarding well-integrated information
systems. Information systems are designed to attract
business people and help businesses move in a better
direction. Accounting software is designed to facilitate
accounting recording activities and process financial
transactions. Accounting software is part of an
accounting information system. Accounting information
systems are human resource activities ranging from
collecting, classifying, managing, and analyzing data to
be converted into financial information. The use of
accounting software can assist in providing information
business and improving the performance of the business
(Hatta et al., 2019).
UMKM is defined as a business that is
operated by individual business actors, households, or
small-scale business entities based on Law number 20
of 2008. In the business world, of course, financial
reports are very influential. That's why MSMEs also
need to have good financial reports. Good financial
management helps MSMEs get information about their
business performance so that they can make future
strategies for the development and progress of their
business. Financial management can be seen from the
financial reports produced. These financial reports can
explain the performance of MSMEs during the
accounting period.
The application of accounting software should
be put to good use because it can help MSMEs to
facilitate the financial management process. The
presence of accounting software itself can be an
alternative to overcoming the problems experienced by
MSME activists. However, there are still many MSME
activists who still use the manual recording in their
financial reports. Therefore, the awareness of MSME
actors to carry out digital bookkeeping through
accounting software is needed (Prasetyo, 2021). In
using accounting software, it is necessary to have a
desire from within. It is called Interest. Interest is a
form of interest or tendency toward something which is
a psychological aspect.
This research wants to develop further from
previous empirical studies by (I. R. Putri, 2022) which
suggests that performance expectations and social
influence have a positive and significant effect on the