The chart of accounts rules prescribe the framework and the content of accounts for companies that keep books under the dual bookkeeping system.
Published in “Službeni glasnik RS” No. 95/2014
Its provisions apply to companies applying International Accounting Standards (IAS), International Financial Reporting Standards (IFRS), business entities applying the International Financial Reporting Standard for Small and Medium Enterprises, and micro enterprises.
| LAYOUT OF CHART OF ACCOUNTS |
| 0. SUBSCRIBED CAPITAL, UNPAID AND NON-CURRENT ASSETS |
| 00 Subscribed capital, unpaid |
| 000 – Subscribed shares unpaid |
| 001 – Subscribed stakes unpaid |
| 01 Intangibles |
| 010 – Investment in development |
| 011 – Concessions, patents, licenses, goods and services brands |
| 012 – Software and other rights |
| 013 – Godwill |
| 014 – Other intangible assets |
| 015 – Intangible assets under preparation |
| 016 – Advances for acquisition of intangible assets |
| 019 – Provsions for acquisition of intangible assets |
| 02 – Property, plant and equipment |
| 020 – Agricultural and other land |
| 021 – Building land |
| 022 – Buildings |
| 023 – Plant and equipment |
| 024 – Investment property |
| 025 – Other property, plant and equipment |
| 026 – Property, plant and equipment under construction |
| 027 – Investment in other property, plant and equipment |
| 028 – Advances for property, plant and equipment |
| 029 -Provisions for property, plant and equipment |
| 03 Natural assets |
| 030 – Forests |
| 031 – Plantations |
| 032 – Livestock |
| 037 – Natural assets under construction |
| 038 – Advances for natural assets |
| 039 – Provisions of natural assets |
| 04 Long term financial investments |
| 030 – Investments in capital of parent companies and subsidiaries |
| 031 – Investments in capital of associated legal entities and joint ventures |
| 032 – Investments in other legal entities and other securities available for sale |
| 033 – Long-term domestic loans to parent companies, to subsidiaries and to other associated companies |
| 034 – Long-term foreign loans to parent companies, to subsidiaries and to other associated companies |
| 045 – Long term domestic and foreign loans |
| 046 – Securities held to maturity |
| 047 – Own stocks and shares purchased |
| 048 – Other long term financial investments |
| 049 – Provisions for long-term financial investments |
| 05 Long-term receivables |
| 050 – Receivables from parent and dependent legal entities |
| 051 – Receivables from other related parties |
| 052 – Receivables based on sales on commodity credit |
| 053 – Receivables for for sale under financial lease agreements |
| 054 – Receivables based on warranty |
| 055 – Contested and doubtful receivables |
| 056 – Other long term receivables |
| 059 – Provisions of long term receivables |
| 1. INVENTORIES AND ASSETS FOR TRADING |
| 10 – Material |
| 100 – Material purchase costs calculation |
| 101 – Raw materials |
| 102 – Spare parts |
| 103 – Tools and inventories |
| 104 – Raw materials, spare parts, tools and inventories being processed, finished off and handled |
| 109 – Provisions for material |
| 11 – Work in progress and services |
| 110 – Work in progress |
| 111 – Services in progress |
| 12 – Finished products |
| 120 – Finished products |
| 13 – Merchandise (Goods, purchaes for sale) |
| 130 – Merchandise cost accounting |
| 131 – Merchandise in warehouse |
| 132 – Wholesale merchandise |
| 133 – Merchandise in storehouse, depot and other legal entities’ shops |
| 134 – Merchandise in retail sale |
| 135 – Merchandise being processed, finished off and handled |
| 136 – Merchandise in transit |
| 137 – Merchandise in transport |
| 139 – Provisions for merchandise |
| 14 – Assets held for trading |
| 140 – Intangible assets for trading |
| 141 – Land held for trading |
| 142 – Buildings held for trading |
| 143 – Investment property for trading |
| 144 – Other property held for trading |
| 145 – Installations and equipment for trading |
| 146 – Natural assets for trading |
| 147 – Assets of suspended business |
| 149 – Provisions for assets held for trading |
| 15 – Advances paid |
| 150 – Domestic advances paid for raw material, spare parts and inventories |
| 151 – Foreign advances paid for raw material, spare parts and inventories |
| 152 – Domestic advances paid for merchandise |
| 153 – Foreign advances paid for merchandise |
| 154 – Domestic advances paid for services |
| 155 – Foreign advances paid for services |
| 159 – Provisions for advances paid |
| 2. SHORT TERM RECEIVABLES, INVESTMENTS AND CASH |
| 20 – Receivables from sales |
| 200 – Domestic trade receivables – parent companies and subsidiaries |
| 201 – Foreign trade receivables – parent companies and subsidiaries |
| 202 – Domestic trade receivables – other associated entities |
| 202 – Foreign trade receivables – other associated entities |
| 204 – Trade receivables – domestic |
| 205 – Trade receivables – foreign |
| 206 – Other trade receivables |
| 209 – Provisions for trade receivables |
| 21 – Receivables from specific business operations |
| 210 – Receivables from exporters |
| 211 – Receivables due from import on behalf of other entities |
| 212 – Receivables from sales on commission and consignment |
| 218 – Other receivables from specific business operations |
| 219 – Provisions for receivables from specific business operations |
| 22 – Other receivables |
| 220 – Receivables for interest and dividends |
| 221 – Receivables from employees |
| 222 – Receivables from state authorities and organizations |
| 223 – Receivables for prepaid income tax |
| 224 – Receivables for other taxes and contributions prepaid |
| 225 – Receivables for compensation of salaries that are refunded |
| 226 – Receivables based on damages |
| 228 – Other short term receivables |
| 229 – Provisions for other receivables |
| 23 – Short-term financial investments |
| 230 – Short-term loans and investments in parent companies and subsidiaries |
| 231 – Short-term loans and investments in other associatied companies |
| 232 – Short term loans – domestic |
| 233 – Short term loans – foreign |
| 234 – Current portions of long term loan due within one year |
| 235 – Current portions of securities held to maturity – a part that reaches one year |
| 236 – Financial assets that are measured at fair value through the Income statement |
| 237 – Bought up own shares for trading |
| 238 – Other short-term investments |
| 239 – Provisions for short – term investments |
| 24 – Cash and cash equivalents |
| 240 – Securities – cash equivalents |
| 241 – Current (business) accounts |
| 242 -Cash allocated for payments and open letters of credit |
| 243 – Cash in hand |
| 244 – Foreign exchange account |
| 245 – Foreign currency letters of credit |
| 246 – Foreign currency – cash in hand |
| 248 – Other cash and cash equivalents |
| 249 – Blocked bank accounts |
| 27 – Value added tax (VAT) |
| 270 – VAT in incoming invoices – general tax rate (except advances paid) |
| 271 – VAT in incoming invoices – specific tax rate (except advances paid) |
| 272 – VAT in advances paid – general tax rate |
| 273 – VAT in advances paid – specific tax rate |
| 274 – VAT paid for import of goods – general tax rate |
| 275 – VAT paid for import of goods – specific tax rate |
| 276 – VAT on services renedered by foreign suppliers |
| 277 – VAT returned to foreign customers |
| 278 – VAT reimbursement paid to farmers |
| 279 – Receivables for prepaid VAT |
| 28 – Prepayments and accrued income |
| 280 – Prepaid costs |
| 281 – Accrued income (uninvoiced income) |
| 282 – Deferred costs based on obligations |
| 288 – Defered tax assets |
| 289 – Other accruals |
| 3. CAPITAL |
| 30 – Basic and other capital |
| 300 – Share capital |
| 301 – Stakes in limited liability companies |
| 302 – Participating interests |
| 303 – State owned capital |
| 304 – Socially owned capital |
| 305 – Stakes in co-operatives |
| 305 – Share issuing premiums |
| 309 – Other capital |
| 31 – Subscribed capital unpaid |
| 310 – Subscribed share capital unpaid |
| 311 – Subscribed stakes unpaid |
| 32 – Reserves |
| 321 – Legal reserves |
| 322 – Statutory and other reserves |
| 33 – Effect of restatement of capital and unrealized gains and losses |
| 330 – Effect of restatement of capital based on the revaluation of intangible assets, property, plant and equipment |
| 331 – Actuarial gains or losses on planned benefit plans |
| 332 – Gains or losses on investments in equity instruments |
| 333 – Gains or losses on the basis of the share in other comprehensive income or loss of associates |
| 334 – Gains or losses arising from the calculations of financial statements of foreign operations |
| 335 – Gains or losses on instruments for the protection of net investments in foreign operations |
| 336 – Gains or losses arising from hedging instruments of cash flow |
| 337 – Gains or losses on securities available for trading |
| 34 – Retained profit |
| 340 – Retained profit from previous years |
| 341 – Retained profit from current year |
| 35 – Loss |
| 350 – Previous year’s losses |
| 351 – Current year loss |
| 4. LONG-TERM PROVISIONS AND LIABILITIES |
| 40 – Long-term provisions |
| 400 – Provisions for costs incurried during the warranty period |
| 401 – Provisions for the recovery of natural resources |
| 402 – Provisions for retained deposits and caution money |
| 403 – Provisions for restructuring costs |
| 403 – Provisions for contribution and other employee benefits |
| 403 – Provision for court costs |
| 409 – Other long-term provisions |
| 41 – Long term liabilities |
| 410 – Liabilities which can be converted into capital |
| 411 – Liabilities to parent companies and subsidiaries |
| 412 – Liabilities to other associated companies |
| 413 – Liabilities for long-term securities |
| 414 – Long-term loans – domestic |
| 415 – Long-term loans – foreign |
| 416 – Liabilities based on financial leasing |
| 419 – Other long-term liabilities |
| 42 – Short-term financial liabilities |
| 420 – Short-term loans from parent companies and subsidiaries |
| 421 – Short-term loans from other associated companies |
| 422 – Short term loans – domestic |
| 423 – Short term loans – foreign |
| 424 – Current portion of long-term loans |
| 425 – Current portion of other long-term liabilities |
| 426 – Liabilities for short-term securities |
| 427 – Liabilities based on fixed assets and assets of suspended business for trading |
| 429 – Other short-term financial liabilities |
| 43 – Liabilities from business operations |
| 430 – Received advances, deposits and caution money |
| 431 – Domestic trade payables – parent companies and subsidiaries |
| 432 – Foreign trade payables – parent companies and subsidiaries |
| 433 – Domestic trade payables – other associated companies |
| 434 – Foreign trade payables – other associated companies |
| 435 – Trade payables – domestic |
| 436 – Trade payables – foreign |
| 439 – Other liabilities from business operations |
| 44 – Liabilities from specific business operations |
| 440 – Liabilities to importers |
| 441 – Liabilities due to exporters made on behalf of third parties |
| 442 – Liabilities for sale on commission and consignment |
| 449 – Other liabilities from specific business operations |
| 45 – Liabilities for salaries and fringe benefits |
| 450 – Liabilities for net salaries and fringe benefits, except refundable fringe benefits |
| 451 – Liabilities for taxes on salaries and fringe benefits charged to employees |
| 452 – Liabilities for contributions on salaries and fringe benefits charged to employees |
| 453 – Liabilities for taxes and contributions on salaries and fringe benefits charged to employer |
| 454 – Liabilities for refundable net fringe benefits |
| 455 – Liabilities for taxes and contributions on refundable fringe benefits charged to employees |
| 456 – Liabilities for taxes and contributions on refundable fringe benefits charged to employer |
| 46 – Other liabilities |
| 460 – Liabilities for interests and finance costs |
| 461 – Liabilities for dividends |
| 462 – Liabilities for share in the profit |
| 463 – Liabilities to employees |
| 464 – Liabilities to members of Management Board and Supervisory Board |
| 465 – Liabilities to individuals for contracted fees |
| 466 – Liabilities for net income of sole traders who obtain advances during the year |
| 467 – Liabilities for short-term provisions |
| 469 – Other liabilities |
| 47 – Liabilities for Value Added Tax |
| 470 – Liabilities for VAT in outgoing invoices – general tax rate (except advances received) |
| 471 – Liabilities for VAT in outgoing invoices – specific tax rate (except advances received) |
| 472 – Liabilities for VAT in advances received – general tax rate |
| 473 – Liabilities for VAT in advances received – specific tax rate |
| 474 – Liabilities for VAT on internal consumption – general tax rate |
| 475 – Liabilities for VAT on internal consumption – specific tax rate |
| 476 – Liabilities for VAT on sales for cash |
| 479 – Liabilities for VAT on difference between calculated VAT and previous taxes |
| 48 – Liabilities for other taxes, contributions and other duties |
| 480 – Liabilities for excise duties |
| 481 – Liabilities for income tax |
| 482 – Liabilities for taxes, customs, and other duties charged to costs |
| 483 – Liabilities for contributions charged to costs |
| 469 – Other liabilities for taxes, contributions and other duties |
| 49 – Accruals and deferred income |
| 490 – Accrued expenses |
| 491 – Revenue charged in advance |
| 494 – Accrued direct purchase costs |
| 495 – Donations received |
| 49 – Accrued income from receivables |
| 498 – Deferred tax liabilities |
| 499 – Other accruals and deferred income |
| 5. EXPENSES |
| 50 – Costs of merchandise sold |
| 500 – Purchases of merchandises (goods for resale) |
| 501 – Cost of merchandise sold |
| 502 – Cost of sold assets held for trading |
| 503 – Cost of other assets held for trading |
| 51 – Costs of material |
| 510 – Costs material |
| 511 – Costs of raw material |
| 512 – Costs of other material (overhead) |
| 513 – Costs of fuel and energy |
| 513 – Costs of spare parts |
| 513 – Costs of One-time write-off for tools and inventory |
| 52 – Costs of salaries, fringe benefits and other personal expenses |
| 520 – Costs of salaries and fringe benefits (gross) |
| 521 – Costs of taxes and contributions on salaries and fringe benefits charged to employer |
| 522 – Costs of remunerations according to temporary service contracts |
| 523 – Costs of remunerations according to author’s contracts |
| 524 – Costs of remunerations according to temporary and provisional contracts |
| 525 – Costs of remunerations to individuals according to other contracts |
| 526 – Costs of remuneration to manager, members of Management Board and Supervisory Board |
| 529 – Other personal expenses remunerations |
| 53 – Costs of production services |
| 530 – Costs of services used in production process of own costs capitalized |
| 531 – Transport services costs |
| 532 – Maintenance costs |
| 533 – Rental costs |
| 534 – Fairs exhibit costs |
| 535 – Advertising costs |
| 536 – Costs of researching activities |
| 536 – Costs of development that are not capitalized |
| 539 – Costs of other services |
| 54 – Costs of depreciation and provisions |
| 540 – Depreciation costs |
| 541 – Costs of provisions during the warranty period |
| 542 – Provisions for recovery of natural resources |
| 543 – Provisions for retained deposits and caution money |
| 544 – Provisions for restructuring costs |
| 545 – Provisions for contributions and other benefits of employees |
| 549 – Other long-term provisions |
| 55 – Non-production costs |
| 550 – Costs of non-production services |
| 551 – Representation costs |
| 552 – Costs of insurance premiums |
| 553 – Costs of payment operations |
| 554 – Costs of membership fees |
| 555 – Tax costs |
| 556 – Contribution costs |
| 559 – Other non-production costs |
| 56 – Financial expenses |
| 560 – Financial expenses incurred with parent companies and subsidiaries |
| 561 – Financial expenses incurred with other associated companies |
| 562 – Costs of interest |
| 563 – FX losses |
| 564 – Expenses on the basis of the effects of a currency clause |
| 565 – Expenses from participation in loss of associated legal entities and joint ventures |
| 566 – Expenses arising from the hadging effects that do not meet the requirements to qualify under other comprehensive income |
| 569 – Other financial expenses |
| 57 – Other Expenses |
| 570 – Losses on writing-offs and disposals of Intangible assets and Property, plant and equipment |
| 571 – Losses on writing-offs and disposals of natural assets |
| 572 – Losses on disposals of long-term investments |
| 573 – Losses on disposals of raw material |
| 574 – Shortages |
| 575 – Costs from negative hedging effects |
| 576 – Writing-offs of receivables |
| 576 – Writing-offs of inventories and merchandise |
| 579 – Other expenses |
| 58 – Impairment Costs |
| 580 – Impairment of natural assets |
| 581 – Impairment of intangible assets |
| 582 – Impairment of property, plant and equipment |
| 583 – Impairment of long-term investments and other securities available for sale |
| 584 – Impairment of material and merchandise |
| 585 – Impairment of receivables and short-term financial investments |
| 589 – Impairment of other assets |
| 59 – Losses of suspended business, effects of changes in accounting policies, correction of errors of previous periods and transfer of expenditures |
| 590 – Losses of suspended business |
| 591 – Expenses on the Effects of Changes in Accounting Policies |
| 592 – Expenses based on correction of errors from previous years that are not material |
| 599 – Transfer of expenses |
| 6. INCOME |
| 60 – Income from the sale of merchandise |
| 600 – Domestic sales of merchandise to parent companies and subsidiaries |
| 600 – Foreigh sales of merchandise to parent companies and subsidiaries |
| 602 – Domestic sales of merchandise to other associated companies |
| 603 – Foreign sales of merchandise to other associated companies |
| 604 – Sales of merchandise to domestic customers |
| 605 – Sales of merchandise to foreign customers |
| 61 – Income from sales of products and services rendered |
| 610 – Domestic sales of finished goods and services rendered to parent companies and subsidiaries |
| 611 – Foreign sales of finished goods and services rendered to parent companies and subsidiaries |
| 612 – Domestic sales of finished goods and services rendered to other associated entities |
| 613 – Foreign sales of finished goods and services rendered to other associated entities |
| 614 – Sales of finished goods and services rendered to domestic customers |
| 615 – Sales of finished goods and services rendered to foreign customers |
| 62 – Income from the own use of products, services and merchandise |
| 620 – Income from the own use of merchandise |
| 621 – Income from the own use of products and services |
| 63 – Change in value of inventories of work in progress and finished products |
| 630 – Increase of finished goods, work in progress and services in progress |
| 631 – Decrease of finished goods, work in progress and services in progress |
| 64 – Income from premiums, subventions, donations, etc |
| 640 – Income from premiums, subventions, donations, compensations and tax returns |
| 641 – Income from donations under specified conditions |
| 65 – Other operating income |
| 650 – Rental fees income |
| 651 – Membership fees |
| 652 – Income from royalties and license fees |
| 659 – Other operating income |
| 66 – Financial income |
| 660 – Financial income incurred with parent companies and subsidiaries |
| 661 – Financial income incurred with other associated companies |
| 662 – Income from interest |
| 663 – FX Gains |
| 564 – Incame on the basis of the effects of a currency clause |
| 565 – ExpenIncameses from participation in loss of associated legal entities and joint ventures |
| 669 – Other financial income |
| 67 – Other income |
| 670 – Gains on disposals of Intangible assets and Property, plant and equipment |
| 671 – Gains on disposals of natural assets |
| 672 – Gains on disposals of long-term investments |
| 673 – Gains on disposals of raw materials |
| 674 – Surpluses |
| 675 – Collected written-off receivables |
| 676 – Income from positive hedging effects |
| 677- Income from reduction of liabilities |
| 678 – Income from abolishing of long-term and short term provisions |
| 679 – Other income |
| 68 – Income from assets valuation adjustments |
| 680 – Income from valuation adjustements of natural assets |
| 681 – Income from valuation adjustments of intangible assets |
| 682 – Income from valuation adjustments of property, plant and equipment |
| 683 – Income from valuation adjustments long-term invetsments and securities available for sale |
| 684 – Income from valuation adjustments of inventories |
| 685 – Income from valuation adjustments of receivables and short- term investments |
| 689 – Income from valuation adjustments of other assets |
| 59 – Profit of suspended business, effects of changes in accounting policies, correction of errors of previous periods and transfer of income |
| 590 – Profit of suspended business |
| 591 – Income based on the Effects of Changes in Accounting Policies |
| 592 – Income based on correction of errors from previous years that are not material |
| 699 – Transfer of income |
| 7. OPENING AND CLOSING BALANCES OF BALANCE SHEET’S AND INCOME STATEMENT’S ACCOUNTS |
| 70 – Opening account of general ledger |
| 700 – Opening account of general ledger |
| 71 – Closing of the Income statement’s accounts |
| 710 – Account of expenses and income |
| 711 – Profit and loss of suspended business |
| 712 – Transfer of total result |
| 72 – Profit and loss account |
| 720 – Profit or loss account |
| 721 – Tax expense of the period |
| 721 – Deferred tax expense and income of the period |
| 722 – Personal earnings of the employer |
| 723 – Transfer of profit or loss |
| 73 – Closing of the Balance Sheet’s accounts |
| 730 – Closing of the balance sheet’s accounts |
| 74 – Group free for use |
| 8. OFF-BALANCE SHEET EVIDENCE |
| 88 – Off-Balance sheet assets |
| 880 – Other assets taken into operating lease (rent) |
| 881 – Acquired products and commodities for joint business |
| 882 – Goods taken into commission and consignment |
| 883 – Material and goods received for processing and finishing |
| 880 – Assigned warranties, guarantees and other rights |
| 885 – Securities that are out of circulation |
| 889 – Assets with other entities |
| 89 – Off-Balance sheet liabilities |
| 890 – Liabilities for assets taken into operating lease (rent) |
| 891 – Liabilities for acquired products and commodities for joint business |
| 892 – Liabilities for goods taken into commission and consignment |
| 893 – Liabilities for material and goods received for processing and finishing |
| 890 – Liabilities for assigned warranties, guarantees and other rights |
| 895 – Liabilities for securities that are out of circulation |
| 899 – Liabilities for assets with other entities |
| 9. COST ACCOUNTING |
| 90 – Liaison accounts with financial book-keeping |
| 900 – Taking over inventories account |
| 901 – Taking over purchasing of material and merchandise account |
| 902 – Costs taking over account |
| 903 – Income taking over account |
| 91 – Raw material and merchandise |
| 910 – Raw material |
| 911 – Merchandise |
| 912 – Finished products and merchandise in producer’s shops |
| 92 – Cost accounts points for purchasing technical management and ancillary activities |
| 93 – Accounts for main production cost points |
| 94 – Cost account points for management sales and similar activities |
| 95 -Cost units |
| 950 to 957 – Cost units |
| 958 – Semi-finished products of own production |
| 959 – Deviation in cost units |
| 96 – Finished products |
| 960 to 968 – Finished products |
| 969 – Exceptions in costs of finished products |
| 97 – Group free for use |
| 98 – Expenses and income |
| 980 – Costs of products and services sold |
| 981 – Cost of merchandise sold |
| 982 – Costs of the period |
| 983 – Write-offs, shortages and surpluses of work in progress and finished products |
| 985 – Account free for use |
| 986 – Income from products and services |
| 987 – Income from merchandise |
| 988 – Account free for use |
| 989 – Other operating income |
| 99 – Profit, loss and closing accounts |
| 990 – Operating profit and loss |
| 991 – Loss and profit on raw materials’ sale |
| 992 – Shortages of raw materials and merchandise |
| 993 – Write-offs of raw materials and merchandise |
| 994 – Surpluses of raw materials and merchandise |
| 999 – Closing computation of costs and effects |