Rulebook on the chart of accounts
Tax Alert, October 2021
We hereby wish to remind you that in accordance with the Rulebook on the chart of accounts and the content of accounts in the chart of accounts for companies, cooperatives and entrepreneurs (hereinafter: the New Rulebook), and in accordance with the Law on Accounting ( hereinafter: the Law), the new Chart of Accounts and the content of accounts in the Chart of Accounts for companies, cooperatives and entrepreneurs has been prescribed.
An integral part of the New Rulebook is the Comparative Review for the recharge from the account of the previous Chart of Accounts, in accordance with the Rulebook on Chart of Accounts and contents of accounts in Chart of Accounts for companies, cooperatives and entrepreneurs (hereinafter: Previous Rulebook) to the accounts of the new Chart of Accounts, which is printed together with the New Rulebook and presents its integral part thereof.
The provisions of the New Rulebook apply from the financial statements prepared as of December 31, 2021.
Legal entities and entrepreneurs whose business year differs from the calendar year, which ends before December 31, 2021, as well as legal entities and entrepreneurs who prepare extraordinary financial statements before December 31.2021, for that business year, respectively for these extraordinary financial statements apply the Previous Rulebook.
You can access the text of the New Rulebook by clicking on the following LINK (available only in Serbian language).
We kindly remind you to harmonize the chart of accounts in accordance with the New Rulebook, before the deadline for submission of final financial statements for 2021, ie. before March 31, 2022.
For additional information and details feel free to contact us.