eInvoices starting on May 1, the final training for the public sector held today

Mandatory application of electronic invoicing within the public sector and between the public and private sectors begins on May 1. Of the approximately 10,000 users of public funds that will be among the first to be covered by this reform, more than a third have registered for the new system, as pointed out at today's final eInvoices training.

- The Ministry has been working intensively on the development and establishment of two very important systems for over two years - eInvoices and eFiscalization. These are key projects that support not only a more efficient functioning of the state but also our economy. When it comes to the electronic invoicing system, our main goal was to keep up with European trends. This law is harmonized with the directives of the European Union. Moreover, we have managed to surpass certain countries in this sphere, which is a great success for all of us - said Slavica Savicic, State Secretary at the Ministry of Finance.

Electronic invoicing will provide a more transparent and efficient process of creating and sending invoices, and faster VAT refunds, the most important requirements for the economy. As Savicic pointed out, this useful tool is completely free and easy to use.

An improved demo version of the system has been available on the Ministry of Finance website since April 11, with the production version being available as well. Interest in testing the new system is constantly growing, and 43 invoices have been sent, with 17 going to users of public funds.

Since September last year, more than 30 workshops and training for the use of eInvoices have been held, attended by more than 2,000 representatives from the public and private sectors, and about 50,000 users have already had the opportunity to watch video instructions. The training was organized by NALED with the support of the Ministry of Finance, the British Embassy, and Philip Morris.

-Electronic invoicing is one of NALED's long-term priorities, which has been pointed out through the Gray Book and the National Program for the Suppression of the Shadow Economy. The digitalization of invoice turnover is an important step forward in establishing the conditions for fair market competition and more efficient business for more than 130,000 businessmen in the VAT system. Also, in addition to a safer and more transparent collection of receivables, eFakture will bring great administrative relief - in this way we will get rid of at least 4,000,000 paper documents in the public sector alone - said Marko Danon, head of the Competitiveness Unit at NALED.

The eInvoice system is being introduced in phases, and the economy will join the mandatory implementation of the new system. From July 1, the public sector will be obliged to issue eInvoices to the private sector, and from January 1, 2023, electronic invoices in mutual business will be exchanged by the entire business community.