SEF - Sistem E-Faktura
The Serbian name for their national e-invoicing system is Sistem E-Faktura, generally shortened to SEF. SEF is an IT solution provided by the Serbian state – to be exact the Ministry of Finance – for sending, receiving, capturing, processing and storing electronic invoices. The Sistem E-Faktura is a portal which the Serbian Law on Electronic Invoicing has made mandatory for the public and private sectors.
In introducing the SEF, a clearance e-invoicing model with similarities to the SdI invoice exchange system used in Italy since 2019, Serbia is in line with the general global trend towards Continuous Transaction Controls (CTC). This means that e-invoices have to be transmitted and pre-audited over a platform regulated by the tax authorities.
Who is required to adopt e-invoicing?
The following are affected by the legal e-invoicing requirement
- Transactions between government bodies (G2G),
- Private companies invoicing public authorities (B2G),
- Public authorities invoicing private companies (G2B),
- Transactions between private companies (B2B) and
- Transactions with the private and public bodies by tax representatives for foreign companies within the Republic of Serbia as per VAT law.
For this purpose, we have prepared the Request Management Portal, generally shortened to RMP, which allows you to send the issued sales documents online to the tax office without user intervention. RMP automatically downloads the data from the accounting system
(f.e. Microsoft Dynamics 365 Business Central (Navision), SAP, ...)
, processes it into the required format and sends it to the tax office. In the event of a warning or error on the part of the tax office, RMP immediately notifies the responsible user, who will process the situation as necessary. RMP allows the user to continuously check the status of individual documents at any time. In the event of a system failure, unsent documents can be resent automatically. After sending, RMP can notify the user. RMP allows the user to quickly search for documents according to various criteria and find out the status of a given document.