Masnica is a typical representative of the Lika region cuisine, a pie that consists of flour, water, salt, and sugar. The dough is typically filled with a combination of fresh cow's cheese, sour cream, and eggs. There are two basic types of masnica – kisela masnica (sour masnica) made with a tiny bit of yeast, and maslenica, a variety without yeast.

Before baking, the pie is traditionally brushed with oil or margarine. It can also be enriched by ingredients such as raisins, garlic, or prosciutto, and it is typically served with yogurt, sour milk, or a variety of spreads and jams.