The importance of electronic storage of documentation in agricultural enterprises in the Republic of Serbia

Abstract

In this study, the authors point out the importance of archiving documentation in agricultural enterprises in the Republic of Serbia. The aim of the study was to point out the importance of a new approach (application of electronic archiving) in agricultural enterprises. This is of great importance because documentation is the basis for financial reporting and financially stable management in the company. The survey was conducted in 144 agricultural enterprises and we found that financial management and control was introduced in 79 enterprises, and that an insufficient level of control at the enterprise level was present in 65 enterprises. By presenting the Phi/Cramer correlation coefficient, the authors proved the existence of statistical significance (p = .00) and achieving more secure archiving of documentation in agricultural enterprises that have introduced a system of financial management and control in their regular operations.