Advisor handing a document and pen to a client

Online accounting for tradespeople in Prilly: what every SME should know

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

Digitalising online accounting: what actually works

A serious accounting document archive links every record to its entry, timestamps versions and logs access — exactly what Swiss bookkeeping regulation expects from probative electronic retention. Chronological filing by financial year becomes an automatic by-product.

Migrate in stages: supplier invoices first (high volume, immediate gain), then receivables with the QR-bill, finally payroll and the closing. At each stage, comparing one month before/after is enough to prove the gain — no theoretical promises needed.

QR-bills and friction-free collections

Electronic invoicing keeps advancing: the Swiss Confederation requires it from its suppliers for contracts from CHF 5,000, and more and more large Swiss companies ask for structured e-invoices rather than PDFs. Getting equipped early beats improvising under a client's deadline.

For online accounting, the share of collections matched automatically is a metric worth watching: when it drops, it is almost always a matter of misused references.

The Swiss legal frame for online accounting

For an owner in Prilly, 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.

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.

Smiling team looking at a laptop

Outsource online accounting or keep it in-house?

Outsourcing does not exempt you from understanding: an owner who can read the balance sheet and the income statement challenges the fiduciary better — and pays for advice, not re-keying.

A business in Prilly can combine the models: internal day-to-day entry, monthly external supervision, closing and taxes with the specialist — online accounting splits very well.

Prilly: what changes, what does not

Prilly (postal code 1008, canton Vaud) applies the same federal rules as the rest of the country: what changes in Prilly are the cantonal counterparts — tax administration, compensation office, commercial register.

Federal deadlines do not move in Prilly: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1008 changes nothing about those rules, only the sender's address.

Frequently asked questions

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 Prilly too.

Do you need a fiduciary for online accounting, 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 Prilly.

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 Prilly as anywhere.

Effective VAT method or net tax rate: how to choose?

The effective method deducts actual input VAT and files quarterly; the net tax rate method applies a flat industry rate to turnover, semi-annually, with no separate input VAT deduction. The flat rate suits low-cost structures; as investments grow, the effective method usually wins again. The choice rests on the company's own figures, in Prilly as anywhere.

Also worth reading

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates online accounting for businesses in Prilly: 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.

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