Non-profit organizations

Financial and Analytical Reporting

• Maintaining business records (journal entries, general ledger)
• Maintaining auxiliary books (sales and purchase ledger, main cash book)
• Tracking liabilities and receivables (customer and supplier ledgers)
• Managing fixed assets and calculating depreciation
• Managing small inventory

Payroll and Other Income Calculations

• Registrations, changes, and deregistrations with relevant institutions (HZMO and HZZO)
• Maintaining employee records and mandatory payroll records
• Monthly payroll calculations for employees
• Calculating sick leave reimbursements
• Calculating authors’ fees, freelance contracts, and other income
• Calculating travel expenses and local mileage reimbursements

Monthly Reports

• Submitting required reports electronically via e-Tax (e-porezna)
• VAT calculations for the tax authority (if the entity is VAT-registered)
• JOPPD form for payroll, fees, and non-taxable income for the tax authority
• Semi-annual financial reports for non-profit organizations for FINA (form: PR-RAS-NPF)

Annual reports

• Financial reports for non-profit organizations using single-entry bookkeeping – annual financial report on income and expenditures (form: G-PR-IZ-NPF) and notes to the financial statements
• Financial reports for non-profit organizations using double-entry bookkeeping – balance sheet, income and expenditure report (forms: BIL, PR-RAS-NPF), and notes to the financial statements
• PD or PD-PO form (for non-profit organizations liable to pay income tax from certain activities)

Other Services

• Cash management – payment and receipt slips, and cash register reports
• Payments via online banking
• Income and expenditure tracking by project
• Monitoring legal changes and timely informing clients about them