vlag serbia

The Ministry of Finance (MoF) issued an opinion that clarifies the issuance of invoices in electronic form (e-invoice) that came into force on January 1, 2021.

A VAT invoice may be issued in electronic format when there is the recipient's consent except when e-invoicing is mandatory by law. How consent is givens is not described: VAT invoices can be issued in paper or electronic format. The invoices do not have to contain e-signatures.

Opinion of MoF

B2B and tax reporting in 2022

It is planned in 2022 that all invoices issued to legal entities and entrepreneurs (B2B) are submitted in electronic format and through a platform (tax reporting).

SAP add-on for e-invoicing via clearance model

Roadmap to Tax and IT function effectiveness

KGT SAP add-ons for SAF-T, e-invoicing and MTD UK for VAT work as a standalone application within the SAP system and does not change existing customer SAP functionality or processes. It is fully configurable with custom namespace /KGT.

KGT partnered up with SAP regarding 'SAP Advanced Compliance Reporting for SAP HANA'. The 'Advanced Compliance Reporting' (ACR) service enables you to configure, generate, analyze, and electronically submit statutory reports that contain indirect taxes, such as value-added tax.

KGT provides also S/4 HANA transformation support.

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