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Accounting automation for engineering firms in Lommis without the stress: how it works

Swiss accounting law (art. 957 ff. of the Code of Obligations) sets a precise frame, yet day-to-day practice often stays fuzzy. This guide walks through what actually matters for a business based in Lommis.

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 Lommis.

For an owner in Lommis, a dashboard only has value if the data is fresh: automating data entry means, first of all, buying up-to-date information about your own business.

The Swiss legal frame for accounting automation

For an owner in Lommis, the question is never “do we need accounts?” but “at what level of detail?”. The CO sets the floor; the bank, the tax office and the shareholders set the rest.

Late books show from the outside: poorly calibrated tax instalments, provisional filings, slow answers to the bank. Staying current is also a matter of image.

A well-structured SME chart of accounts

The test of a good chart of accounts is a single question: can the owner find the margins in three clicks? If not, the chart serves the tax office but not the business — even in Lommis.

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.

Professional in a suit reviewing documents

Outsource accounting automation or keep it in-house?

Splitting roles clearly avoids duplication: the company captures documents and approves payments; the fiduciary checks postings, closes the year and defends the file before the authorities. Each side does what it does best — and nobody keys the same invoice twice.

For accounting automation, a quarterly 30-minute check-in with the fiduciary beats an annual marathon: questions get handled while they are small.

Lommis: what changes, what does not

Working with a fiduciary from Lommis no longer depends on geography: the documents of a business in Lommis are shared online, while the canton Thurgau keeps its own deadlines for the tax return.

Federal deadlines do not move in Lommis: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 9506 changes nothing about those rules, only the sender's address.

Frequently asked questions

Which social contributions does a Swiss employer pay?

AHV/IV/APG: 5.3% employer share (the same is withheld from the employee); unemployment insurance: 1.1% each up to CHF 148,200 a year; occupational pension (LPP) by age and plan (employer at least 50%); occupational accident insurance paid by the employer; family allowances by canton. For an employer in Lommis, family allowances follow the canton's rates.

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 Lommis.

When is entry in the commercial register mandatory?

A Sàrl and an SA only come into existence with their registration. A sole proprietorship must register from CHF 100,000 of annual revenue; below that, registration stays voluntary but adds credibility and protects the business name. Registration goes through the canton's commercial register office — for Lommis too.

Which documents should be prepared for the year-end closing?

Bank and cash statements at the closing date, the inventory of stock and work in progress, final AHV/LPP/accident settlements, contracts signed or amended during the year, invoices straddling two years and the detail of accruals. With an up-to-date document archive, most of it is already there. The list is identical in Lommis: the CO dictates it, not the commune.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting automation for businesses in Lommis: 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 engineering firms in Lommis