New problems due to changes to e-invoices

Accountants, bookkeepers and the Association of Software Manufacturers of Serbia (UPSS) have complained that the latest amendments to the Law on Electronic Invoicing, which were adopted in October last year, created additional problems for companies.

Developers claim that, if there are more unplanned emergency changes, no one will be able to guarantee the correct functioning of business software solutions in Serbia.

The Association of Software Producers of Serbia (UPSS) says that the system for the electronic exchange of invoices was heralded as a solution that reduces paperwork and expedites the collection and refund of VAT, but that “unfortunately, a serious mistake was made right from the start.”

Oparica warns that the e-invoicing system, which directly affects the work of tens of thousands of companies, “became operational in an unfinished state.”

“As expected, the pressure was software producers who were forced to react defensively, changing existing parts of complex programs on the fly. The modified programmes had to be distributed to thousands of end users, mostly during the night hours and in the hope that no bugs were created in all that rush,” says Oparnica.

The system of electronic invoices (SEF) became operational almost at the same time as the other big project – eFiscalization. Oparnica says that the next six months were spent fixing all the problems that the SEF had.

In collaboration with the Ministry of Finance, several biggest issues were resolved but still more work needs to be done. “Now, are back in the same situation as in the beginning. Recently, records of incoming and outgoing invoices that were more than a month old suddenly became unavailable”, Oparnica warns.

“We asked (the Ministry of Finance) to form the link between the SEF and SUR databases (system of incoming fiscal bills at the Tax Administration) to improve the records of retail transactions and not to duplicate the work by subsequently cancelling the fiscal bill by issuing an e-invoice at the request of a user/customer from the public sector,” says Snežana Mitrović, president of the Accounting Chamber of Serbia.

The director of the Control 1 Company, Darko Majstorović, says that the latest amendments do not benefit businesses, because they prescribe submitting double VAT returns. Namely, the VAT return is already submitted to the Tax Administration in the form of a POPDV form by the 15th of the month for the previous month, but according to amendments to the law, now the VAT return should be uploaded to SEF, only in a different way.

(Biznis i Finansije, 06.02.2024.)

This post is also available in: Italiano

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