Collaborative desk with laptops and documents, top view

Accounting automation checklist in Premier: the practical guide

Between VAT, social contributions and the year-end close, a Swiss SME juggles dozens of deadlines a year. This page focuses on accounting automation in Premier: what the law requires, what can be automated, and when to delegate.

Digitalising accounting automation: what actually works

Automation is judged on the exceptions: what happens when the document is unreadable, the supplier unknown, the amount divergent? A good tool isolates those cases and lets a human decide fast — precious for teams in Premier.

An SME in Premier that digitalises gains owner time first: less filing, fewer “where is that receipt?” questions, more attention to the trade — that is the real return of accounting automation.

QR-bills and friction-free collections

Clear payment terms, a visible due date, exact details: half of late payments come from ambiguous invoices, not bad payers — the finding holds in Premier too.

For an SME in Premier, receivables are an asset to manage: a weekly ageing balance, graduated reminders and a provision for doubtful cases — accounting automation provides the numbers, discipline does the rest.

A well-structured SME chart of accounts

A chart of accounts gets documented: one description line per account (what, when, VAT) is enough for two people to post the same way. It is the quality manual of accounting automation, valid in Premier as anywhere.

The chart of accounts is also the hinge to VAT: every revenue account carries its rate (8.1%, 2.6%, 3.8% or exempt), every expense account its input-tax right. Set those attributes once in the tool and every subsequent return becomes reliable.

Advisor handing a document and pen to a client

Outsource accounting automation or keep it in-house?

Responsibility stays with the client: the fiduciary executes with care, but the signed accounts bind the company. Understanding what you sign is not optional.

A business in Premier can combine the models: internal day-to-day entry, monthly external supervision, closing and taxes with the specialist — accounting automation splits very well.

Premier: what changes, what does not

Premier (postal code 1324, canton Vaud) applies the same federal rules as the rest of the country: what changes in Premier are the cantonal counterparts — tax administration, compensation office, commercial register.

Premier requires no special bookkeeping: the Code of Obligations applies at postal code 1324 as everywhere else, and a well-kept digital file transfers smoothly to any auditor in the canton.

Frequently asked questions

Do you need a fiduciary for accounting automation, or can you do it yourself?

Both are defensible. Below CHF 500,000 of revenue, a sole proprietorship may keep simplified accounts itself. As soon as payroll, VAT and a closing with tax stakes are involved, professional support prevents mistakes that cost more than the fees. With a shared platform, the fiduciary does not even need to be in Premier.

How much does accounting automation cost in Premier?

It depends on document volume, the number of salaries and VAT complexity — no serious figure can be quoted without examining the file. Two levers cut the bill everywhere: digitised, well-filed receipts and software that prepares entries instead of having them re-keyed.

Effective VAT method or net tax rate: how to choose?

The effective method deducts actual input VAT and files quarterly; the net tax rate method applies a flat industry rate to turnover, semi-annually, with no separate input VAT deduction. The flat rate suits low-cost structures; as investments grow, the effective method usually wins again. The choice rests on the company's own figures, in Premier as anywhere.

What is the difference between a limited and an ordinary audit?

The ordinary audit applies to companies exceeding, for two consecutive years, two of three thresholds: CHF 20 million balance sheet total, CHF 40 million revenue, 250 full-time positions. Others fall under the limited audit, and those with no more than ten full-time positions on annual average can opt out with all shareholders' consent. These federal thresholds do not depend on the registered seat — in Premier as anywhere.

Also worth reading

In neighbouring municipalities

Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting automation for businesses in Premier: AI-read documents, posting suggestions, VAT and exports ready for your fiduciary. Try the platform or browse our other guides.

The application is operated in French.