Is it necessary for business entity to make payments in cash and / or in non-cash form (using electronic payment means, payment checks, tokens)...?Chapter: News

Is it necessary for business entity to make payments in cash and / or in non-cash form (using electronic payment means, payment checks, tokens) carrying out activities in the wholesale, retail sale, catering and services, as well as cash acceptance for its further transfer using RRO or PRRO?

Paragraph 1 Article 3 of the Law of Ukraine as of 06.07.1995 “On use of registrars of settlement operations in trade, public catering and services” with changes and amendments (hereinafter – Law № 265) stipulates that business entities that carry out settlement operations in cash and / or non-cash form (using electronic payment means, payment checks, tokens, etc.) upon the sale of goods (services) in trade, catering and services, as well as cash acceptance for further transfer are obliged to conduct settlement operations for the full amount of purchase (provision of services) through registered, sealed in the prescribed manner and transferred to the fiscal mode of operation registrars of settlement operations (abb. RRO) or through software RRO registered by the fiscal server of the controlling body with creation of relevant settlement documents in paper and / or electronic form confirming execution of settlement operations or in cases provided by Law № 265, using duly registered settlement books.

 

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