Payroll

Child birth aid for employees

The employer can pay the employee an aid upon emploee's child birth, if such a gift was defined in Labor Rulebook or employment contract. This possibility is regulated by Article 120 of the Labor Law of Republic of Serbia. This is an option, not an obligation for...

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Personal Income Tax for Entrepreneurs

Future entrepreneurs frequently wonder about the basic tax liabilities that will arise when they start operating. In this post, we’ll go over the relevant fees that apply to entrepreneurs who do their bookkeeping and pay themselves a salary. This analysis will focus...

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Payment Codes for Dinar Transactions

PAYMENT CODES Classified by the type of payment 1 -  Cash Cash payments to or from checking accounts 2 -  Cashless Transfers from one checking account to another 3 -  Accrual Billing payments 9 -  Reimbursements Returns for overpayments or erroneous payments...

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Notice of Foreign Currency Inflow

Notice of foreign currency inflow is one of the most commonly seen documents in foreign currency transactions between domestic (resident) and international (non-resident) companies. Suppose a foreign buyer is making a payment for exports that were made by a domestic...

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