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Accounting automation for law firms in Fey without the stress: how it works

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 Fey: what the law requires, what can be automated, and when to delegate.

Digitalising accounting automation: what actually works

Artificial intelligence has changed the economics of accounting automation: automatic invoice reading reaches recognition rates that make manual entry marginal, and posting suggestions learn from corrections. The accountant does not disappear — the job shifts from data entry to control and advice.

The winning pair for accounting automation: a single inbox (e-mail, scan, photo) and one simple rule — no document sits more than a few days without a proposed entry.

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

QR-bills and friction-free collections

Supplier invoices benefit from the same standard: the QR code is read on receipt, the payment is staged in e-banking with the desired due date, and the expense entry is proposed with the correct VAT. The purchase-payment-posting chain takes three moves.

The winning trio remains: QR-bills for collections, e-banking connected to the accounts for statement imports (camt.053), and automatic matching rules. Exceptions — partial payments, duplicates, missing references — are then handled in minutes, not hours.

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The Swiss legal frame for accounting automation

Swiss accounting law has been unified in the Code of Obligations since 2013: the same bookkeeping rules (art. 957a CO) and retention rules (art. 958f CO — 10 years for books, vouchers and reports) apply regardless of legal form. Accounting automation sits squarely within this frame, including for companies based in Fey.

Art. 957a CO requires complete, truthful and systematic recording of transactions, each entry backed by a supporting document. For accounting automation, that means in practice: no movement without a receipt, and an audit trail that can be reconstructed at any time — including during a VAT or AHV inspection.

Fey: what changes, what does not

Sole proprietorship, Sàrl or SA in Fey: the AHV contact remains the competent compensation office, and taxes follow the scales of the canton Vaud.

Federal deadlines do not move in Fey: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1044 changes nothing about those rules, only the sender's address.

Frequently asked questions

How much does accounting automation cost in Fey?

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.

What are the legal obligations for accounting automation in Switzerland?

The foundation is the Code of Obligations: proper bookkeeping (art. 957a CO), annual accounts (balance sheet, income statement, notes) and 10-year retention of books and records (art. 958f CO). VAT applies from CHF 100,000 of turnover, and social insurance settlements from the first employee. Nothing is different in Fey: federal law applies.

What are the current Swiss VAT rates?

Since 1 January 2024: 8.1% (standard), 2.6% (reduced — for example food and medicines) and 3.8% (accommodation). Returns must be filed and paid within 60 days after the period ends (quarterly under the effective method, semi-annually under the net tax rate method). These federal rates apply unchanged in Fey.

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 Fey as anywhere.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting automation for businesses in Fey: 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.