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Everything that matters about online accounting for IT companies in Riehen

Delegate, digitalise or do it all yourself? Around online accounting in Riehen, every SME draws its own line. The reference points below — federal law, cantonal practice and lessons from the field — help you place the cursor well.

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.

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

The Swiss legal frame for online accounting

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

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.

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

Handshake during a business meeting, top view

QR-bills and friction-free collections

Supplier invoices benefit from the same standard: the QR code is read on receipt, the payment is staged in e-banking with the desired due date, and the expense entry is proposed with the correct VAT. The purchase-payment-posting chain takes three moves.

For online accounting, invoicing fast changes everything: a service billed the week it is delivered gets paid noticeably earlier than a month-end batch invoice.

Riehen: what changes, what does not

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

Riehen requires no special bookkeeping: the Code of Obligations applies at postal code 4125 as everywhere else, and a well-kept digital file transfers smoothly to any auditor in the canton.

Frequently asked questions

How much does online accounting cost in Riehen?

It depends on document volume, the number of salaries and VAT complexity — no serious figure can be quoted without examining the file. Two levers cut the bill everywhere: digitised, well-filed receipts and software that prepares entries instead of having them re-keyed.

What are the legal obligations for online 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 Riehen: federal law applies.

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 Riehen.

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 Riehen as anywhere.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates online accounting for businesses in Riehen: AI-read documents, posting suggestions, VAT and exports ready for your fiduciary. Try the platform or browse our other guides.

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