Team analysing financial charts around a table

Accounting automation for hotels in Vex: rules, deadlines, best practice

Accounting automation for hotels in Vex rests on three pillars: federal law that applies across Switzerland, cantonal deadlines worth knowing, and tools that eliminate re-keying. This guide puts it all in order, fact by fact.

Digitalising accounting automation: what actually works

Digitising does not mean hoarding PDFs: without the document-entry link, a digital file is as opaque as a box of archives — true in Vex as everywhere.

For accounting automation, migrating history must not block the start: begin on day one of the current financial year and import the history later if needed.

QR-bills and friction-free collections

The QR-bill is generated from the accounts, not the other way round: the document is born with its reference, amount and due date already linked to the receivable entry — a clear win for SMEs in Vex.

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.

The Swiss legal frame for accounting automation

AHV audits and VAT audits follow the same logic: start from the documents, trace to the entries, check consistency. A business in Vex with a clean audit trail sails through these exercises.

One simple principle drives accounting automation: every franc in or out must be explainable by a document, an entry and an account. All of Swiss accounting law fits inside that traceability requirement.

Collaborative desk with laptops and documents, top view

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 Vex as anywhere.

In an SME in Vex, the chart of accounts is also a delegation tool: clear posting rules let a non-accountant prepare most entries without error.

Vex: what changes, what does not

Vex (postal code 1981, canton Valais) applies the same federal rules as the rest of the country: what changes in Vex are the cantonal counterparts — tax administration, compensation office, commercial register.

For a business in Vex, that means VAT returns identical to anywhere in Switzerland, but a tax return and family allowances governed by the canton Valais.

Frequently asked questions

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 Vex.

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 Vex as anywhere.

How long must records related to accounting automation be kept?

Ten years from the end of the financial year concerned (art. 958f CO). Electronic retention is permitted if the integrity and readability of the records are guaranteed — a serious digital archive validly replaces paper binders. A business in Vex can therefore archive fully digitally.

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 Vex: federal law applies.

Also worth reading

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Switch to accounting that keeps itself up to date

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

    Accounting automation for hotels in Vex | MyFiducia.ai