NEW RULES for cheque payment: Here’s what is changing
The new fiscalization rules have also brought about the change in the rules related to cheque payments. The bottom line is that a separate receipt is issued for each cheque.
As stated in the last newsletter of the Ministry of Finance, when buying with cheques, a seller issues a fiscal receipt after each maturity of an instalment.
The newsletter also gives an example:
A company subject to fiscalization sells a chest of drawers in six monthly instalments. On April 18, 2022, a buyer handed over six cheques to the seller. The following cheque issuance dates are agreed: April 29, May 29, June 29, July 29, August 29, September 29, 2022. The delivery of the chest of drawers will take place on June 3, 2022. The company that is subject to fiscalization (the seller) has the obligation to issue a fiscal receipt for the advance payment to the buyer on April 29, 2022, a fiscal receipt for the advance payment on May 29, 2022 and a fiscal receipt for the turnover on June 3, 2022, the newsletter reads.
What are the other rules?
For many Serbian citizens, cheques are still one of the regular and favourite means of payment. For banks, however, they are not very cost-effective, so most of them are trying to reduce their use, which is why the limit of RSD 5,000 for cheque payments has not changed for 13 years.
Furthermore, the new Rulebook stipulates that although a seller issues a receipt to a buyer in printed form through the new fiscal cash register, there is an alternative, i.e. these fiscal receipts can be delivered electronically with the consent of the buyer, who can freely request this.
Similarly, in these fiscal receipts, sellers do not have to show detailed item specifications, but can only enter the number of the pro forma invoice or contract on the basis of which a buyer made an advance payment.
Izvor: BIZLife, Nova/Kurir