How does the law oblige us to issue eInvoices?

The Law on Electronic Invoices in Serbia started to be in force since May 1st, 2022, with the implementation of the first phase of electronic invoice system. Starting from this date, public sector entities are obliged to issue, receive and store invoices (issued by public and private sector entities) through the government platform "Sistem E-faktura" (SEF), while private sector entities are obliged to issue invoices through the SEF in transactions with the public sector.

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min read

December 6, 2022

So far, we have had the opportunity to get acquainted with the legal provisions on electronic invoices, as well as with important dates relating to entities within the public and private sectors. According to the Ministry of finance, since the beginning of the implementation of the new law, over 180,000 users have been registered in the government portal Sistem E-faktura, of which 10,672 are from the public sector, and more than 172,106 users are from the private sector, and so far more than 4 million electronic invoices have been issued.

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min read

November 11, 2022

Paper invoices that we are used to using were easy to misplace because they are stored in different places — in a number of folders and files. Electronic invoices, unlike traditional ones, are always available in one place and you can find them with just a few clicks.

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October 21, 2022

The Law on Electronic Invoices has brought with it many doubts, and one of the most common questions that arises is in which format electronic invoices are actually legally valid.

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October 3, 2022

On July 1st, 2022, Serbia entered the next phase of mandatory eInvoicing, which includes transactions between the public and private sectors (G2B). As of 1st of May 2022, Serbia already had mandatory electronic invoicing (eInvoicing) for all transactions between public sector companies (G2G) and private to public sector (B2G) to now enter the next (G2B) phase of e-Invoicing, with the aim of making all forms of eInvoicing mandatory by January 1st, 2023.

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August 4, 2022

The basics of eInvoicing is the electronic exchange of invoices between a vendor and a customer. Sent and received via a structured electronic format allows an invoice to be processed automatically without the need for traditional paperwork. This method of invoicing today is a common practice for businesses around the world and has recorded steady growth over the past 30 years. Forget about paperwork because eInvoicing is a process that is fully digital and compliant with electronic formats for eInvoices including (but not limited to): XML, EDIFACT, CSV.

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min read

July 20, 2022

Before we move on to the benefits of automating payment accounts, let's find out what it really is. Automation of payment accounts (internationally - AP) is an abbreviation that refers to payment accounts, i.e. obligations to suppliers. Obligations to suppliers (commonly known as AP) are the money a company owes its suppliers for products or services received. Like all business transactions, liabilities to suppliers create a significant amount of paperwork, such as invoices, purchase orders, goods received and, in the countries where they are needed, invoices.

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July 1, 2022

If you have read the first three blogs of this series, we believe that you are fully convinced that digital administration and digital accounting allow you to work more efficiently and productively.

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April 18, 2022

More and more businesses are seeing the obvious benefits of digital administration. No more paperwork, collecting receipts and chasing to the accountant any minute.

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March 21, 2022

More and more businesses are realizing that paper piling up reduces efficiency, especially when it comes to accounting. Paper accounting is going back in time and more and more businesses are turning to digital accounting to boost efficiency.

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March 1, 2022

More and more companies are moving towards digital technologies in order to simplify business processes and make them more efficient, and the same applies to accounting.

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February 22, 2022

Paperwork can create numerous obstacles and increase the workload for many businesses. Papers all over the place, full cabinets for archiving, data entry and manual performance of tasks. There is a simpler and smarter solution. A solution for digital administration.

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February 10, 2022