What is PIB and how to obtain it in Serbia (APR and tax administration process)
The Tax Identification Number (PIB) is a unique identifier used in the tax system of the Republic of Serbia for the purpose […]
Tag: bookkeeping
Do Employees Still Need To Submit Paper Sick Leave Certificates To Their Employer?
One of the most common questions among employees and employers lately is whether paper sick leave certificates and medical confirmations still need […]
Environmental fee in Serbia 2026 – who must pay
The environmental fee, officially known as the fee for environmental protection and improvement, represents a legal obligation for the vast majority of […]
What is a grace period and does it really protect you from interest?
In business and personal finance, we often encounter the term grace period. Although it is frequently interpreted as extra time to make […]
Good business decisions start with accurate accounting
Many entrepreneurs see accounting only as a legal obligation that must be fulfilled in order to comply with tax regulations and other […]
How to track company liquidity without complicated formulas
Tracking a company’s liquidity is crucial for any entrepreneur or LLC, yet many owners often confuse revenue, profit, and cash on hand. […]
How the tax administration chooses whom to audit
Tax audits are not random nor conducted arbitrarily; they are based on the analysis of data submitted by taxpayers through tax returns, […]
Cession
Assignment of receivables, also known as cession, is a legal and financial mechanism through which a creditor transfers its claim against a […]
The most common accounting mistakes that can cost entrepreneurs dearly
In practice, entrepreneurs and company owners often make business mistakes not intentionally, but due to a lack of information or incorrect interpretation […]
Reimbursement of employee expenses
Employee expense reimbursement represents monetary or other compensation paid by an employer to an employee for costs incurred while performing work-related duties. […]