The Implementation of Bookkeeping Practices and the Growth of Micro and Small Enterprises in Tupi, South Cotabato

Micro and Small Enterprises (MSEs) play a crucial role in local economic development; however, many continue to underutilize proper bookkeeping due to perceived complexity and limited financial knowledge. This study examined the relationship between the implementation of bookkeeping practices and business growth among MSEs in Tupi, South Cotabato. Using a quantitative descriptive–correlational design, data were collected from 124 MSEs selected through purposive sampling guided by Cochran’s formula. Descriptive statistics were used to analyze business profiles and bookkeeping practices, while Spearman’s Rank Correlation tested the relationship between bookkeeping implementation and business growth. Results indicated that bookkeeping practices were moderately implemented and exerted a moderate influence on business growth. Further analysis revealed a significant positive relationship between the level of bookkeeping implementation and MSE growth. The findings underscore the importance of strengthening bookkeeping practices as a strategic tool to support sustainable growth among MSEs.