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Everything that matters about accounting benefits in Berg (TG)

Whether you run a Sàrl, an SA or a sole proprietorship in Berg (TG), accounting eventually lands on your desk. Here are the practical reference points — legal basis, deadlines and common pitfalls — to decide with a clear head.

The Swiss legal frame for accounting

In Switzerland, the duty to keep accounts stems from art. 957 ff. of the Code of Obligations. Legal entities (Sàrl, SA) and sole proprietorships with at least CHF 500,000 in revenue keep full accounts: balance sheet, income statement and notes. Below that threshold, a simplified record of income, expenses and assets is sufficient.

The good news: the Swiss frame is stable and predictable. Structure accounting once — chart of accounts, document flow, calendar — and the same organisation pays off for years.

Outsource accounting or keep it in-house?

Outsourcing accounting to a fiduciary frees up time and secures compliance; keeping it in-house preserves a continuous view and costs less in fees. The best answer is often hybrid: the company captures and digitises as it goes, the fiduciary supervises, closes the books and represents the company before the authorities.

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

A well-structured SME chart of accounts

The same chart serves three readings: accounting (accuracy), tax (accepted adjustments) and management (margins by activity). Modern software produces all three views without double entry.

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

Collaborative desk with laptops and documents, top view

Digitalising accounting: 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 Berg (TG) as everywhere.

For an owner in Berg (TG), 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.

Berg (TG): what changes, what does not

Berg (TG) (postal code 8572, canton Thurgau) applies the same federal rules as the rest of the country: what changes in Berg (TG) are the cantonal counterparts — tax administration, compensation office, commercial register.

Berg (TG) requires no special bookkeeping: the Code of Obligations applies at postal code 8572 as everywhere else, and a well-kept digital file transfers smoothly to any auditor in the canton.

Frequently asked questions

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 Berg (TG) as anywhere.

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 Berg (TG).

What are the legal obligations for accounting 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 Berg (TG): federal law applies.

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 Berg (TG): the CO dictates it, not the commune.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting for businesses in Berg (TG): 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 benefits in Berg (TG) | MyFiducia.ai