Everything that matters about accounting benefits in Medel (Lucmagn)
Whether you run a Sàrl, an SA or a sole proprietorship in Medel (Lucmagn), 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.
Also worth knowing: accounts may be drawn up in the currency most relevant to the business; if that is not the franc, values must additionally be stated in CHF (art. 958d para. 3 CO). Internationally active companies gain books that match their economic reality.
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 Medel (Lucmagn) as everywhere.
For accounting, migrating history must not block the start: begin on day one of the current financial year and import the history later if needed.
Outsource accounting or keep it in-house?
A good test before choosing: ask the fiduciary HOW it wants to receive the documents. A precise answer (formats, frequency, platform) says more than any brochure — including in Medel (Lucmagn).
Changing fiduciary is not a drama: the accounting data belongs to the company, and a clean export (entries, chart of accounts, linked documents) allows a transition at year-end. A provider who locks in a client's data says a lot about how it works.
A Swiss SME's accounting calendar
Tax instalments are steered: too low, they set up a salty final bill; too high, they tie up cash. Adjusting them on current figures is a profitable reflex, in Medel (Lucmagn) as anywhere.
For a business in Medel (Lucmagn), an isolated delay can be caught up; a structural delay is paid in interest, fines and stress. The difference between the two: a system, not good intentions.
Medel (Lucmagn): what changes, what does not
Working with a fiduciary from Medel (Lucmagn) no longer depends on geography: the documents of a business in Medel (Lucmagn) are shared online, while the canton Grisons keeps its own deadlines for the tax return.
Federal deadlines do not move in Medel (Lucmagn): VAT within 60 days, salary declaration in January, 10-year record retention — postal code 7184 changes nothing about those rules, only the sender's address.
Frequently asked questions
How long must records related to accounting 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 Medel (Lucmagn) can therefore archive fully digitally.
Does MyFiducia.ai work for a business based in Medel (Lucmagn)?
Yes: the platform runs online, the rules applied are federal (VAT, CO, AHV), and the file can be shared with any fiduciary. A business in Medel (Lucmagn) manages its documents, VAT and exports exactly as anywhere in Switzerland.
When must a business register for VAT?
As soon as its worldwide annual turnover reaches CHF 100,000 (CHF 250,000 for non-profit sports or cultural associations). Below that, voluntary registration remains possible and often makes sense to reclaim input VAT on investments. The threshold is federal: it applies in Medel (Lucmagn) as everywhere in Switzerland.
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 Medel (Lucmagn): the CO dictates it, not the commune.
Also worth reading
In neighbouring municipalities
Switch to accounting that keeps itself up to date
MyFiducia.ai automates accounting for businesses in Medel (Lucmagn): 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.