Accounting records what has happened in a business. Financial operations help ensure that day-to-day financial processes are handled efficiently, on time and under control.
For companies that need additional local finance support in Serbia, we can take responsibility for a significant part of these recurring processes, subject to agreed procedures and authorisations.
By connecting financial operations with accounting, we can provide one coordinated solution for accounting, payments, banking administration, invoicing and related financial processes.
Financial operations are organised in accordance with the agreed authorisations and the client’s internal procedures. Veda can prepare payments, process documentation, prepare invoices, manage SEF administration and monitor receivables and payables. The client defines the authorisations, approves payments and retains control over its bank accounts and funds.
Based on the client's instructions and approvals, we prepare payment orders and, within the agreed authorisations, work with electronic banking systems.
Our support may include:
Cross-border business often requires additional documentation and communication with local banks.
We prepare documentation related to foreign-currency inflows, support international payments and communicate with banks regarding the documentation required to process transactions.
Based on the client's instructions, we can prepare and issue invoices and pro forma invoices and handle related administrative processes within Serbia's electronic invoicing system (SEF).
This allows invoicing, collections and accounting records to remain connected within a single process.
Up-to-date accounting records give companies a clearer view of outstanding receivables and liabilities.
Our support can include:
Not every company needs the same level of support.
For some clients, we provide accounting while their internal team manages day-to-day financial operations. For others – particularly companies without an established local finance function in Serbia – we can take responsibility for a much broader range of recurring financial processes.
Together, we define which processes we manage, who approves them, applicable deadlines, authorisations and communication procedures, so that responsibilities are clear from the outset.
If you would like to organise accounting, payments, banking administration and other related financial processes through one local partner, we can define a model that fits your company's needs.
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