Fiscalization has been present in Montenegro for 15 years. 2001 was the year when this country got fiscal law about cash registers.
Fiscal law in Montenegro
Every fiscal device must have record number which is is a unique number that is entered in the fiscal memory of the fiscal cash register, and serves to identify the tax cash registers.
The fiscal account in particular contains the following information: 1. the name of the taxpayer and the name and address of sale; 2. users PIB; 3. the amount of tax at the tax rates; 4. total amount of taxes; 5. day, month, year, hour and minute of issuing fiscal receipt. Fiscal receipt is printed in two copies, one which is issued to the buyer, and the other remains on the control bar.
Every sales object is obliged to print daily report at the end of the day. A taxpayer who works 24 hours per day is required to print a daily report once during 24 hours. The taxpayer is obliged to keep printed daily reports in chronological order in the book of daily reports. The book of daily reports shall be kept separately for each cash register.
Sale does not stop in broken POS cases
If cash register is out of work, or in case of electricity failure, taxpayer is required to continue the sale through specific accounts (paragon blocks) that were previously certified by the Tax Authority.