About Us

Department of economy and financing business has the following scope of work:

• Implementation identified economy-financing politics.
• Making Financing and Investment Plans.
• Creating a set of forms according to SERC’s methodology for completing the Request for tariff.
• Creating monthly, semi-annual and annual reports and makes analyses of business and plans realization.
• Managing various financing issues from ITC, auction and other processes.
• Keeping business books and additional records determined by the Law on accountancy, the Rules on accounting policies, International accounting standards and other valid documents.
• Following and implementing local rules and International accounting standards and other businesses relating accountancy and financing business and controls validity, accuracy and rules of accounting documents.
• Filling in VAT forms, calculation and filling in forms for witholding tax.
• Domestic and International payment orders.
• Calculation of salaries and other fees of employees and making other records as required by the law regarding the taxes and employees’ contributions.
• Operating Cash Flow (KM and foreign currencies).
• Following and recording of fixed assets and small inventory and determining their life time usage.