Central Registry of Public Sector Invoices to be formed

The Ministry of Finance’s Treasury has launched a tender for the preparation of a preliminary project of establishing of the Central Register of Public Sector Invoices (pilot project).

The idea is to establish a unified system registering all receivables – namely the public sector’s receivables towards the public sector, the private sector and citizens, and of the private sector towards the public sector, before the creditor submits an invoice or some other form of claim to the debtor.

As stated in the tender documentation, the CRI is to register claims and allocate a unique reference number (IDF) to the applicant for each receivable registered. Both the creditor and the debtor will be obliged to check whether the IDF exists and whether it is correct in the CRI and in their official registers (the inclusion of the IDF in an invoice will become mandatory). Furthermore, the debtor’s payment order should also include the IDF. The CRI is to gather all the necessary information from all payment systems, thereby having at its disposal all the necessary information on the status of registered receivables.

The project outcome will be an IT system and an application that is expected to improve and expedite the process of controlling receivables, debts and payments. The application deadline is 5th December.

(eKapija, 07.11.2016)

http://www.ekapija.com/website/en/page/1590541/Treasury-implementing-Central-Register-of-Public-Sector-Invoices

A small favour

Since 2013, Serbian Monitor has been offering to its readers carefully selected news about the Republic of Serbia, as a daily commitment stemming from the genuine desire to offer undistorted information about a country that is too often a victim of prejudice and superficiality. From November 2016, this service is available in English and Italian with a growing number of original articles with a goal of providing a complete picture of this Balkan country's economy, politics, culture and society. Our archive is completely free of charge, available to anyone who wants to get to know the country, to study its specific aspects, or to be constantly updated about it. This project will only be able to continue with the help of readers on whom we are calling to provide a small financial support so that we can continue supplying an increasingly expanding pool of information and original contributions. If you appreciate our work, please click on the button below.

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published.

scroll to top