Collaborative desk with laptops and documents, top view

Everything that matters about accounting software digitalisation in Vex

Between VAT, social contributions and the year-end close, a Swiss SME juggles dozens of deadlines a year. This page focuses on accounting software in Vex: what the law requires, what can be automated, and when to delegate.

Digitalising accounting software: what actually works

Security is part of digitalisation: named access, tested backups, encryption of sensitive data. A digital accounting file is protected like a safe — because it is one.

The selection criterion for a tool is not the length of its feature list but the robustness of the daily flow: reliable bank imports, VAT computed correctly (8.1 / 2.6 / 3.8%), a complete audit trail from document to entry, and a clean export for the auditor or fiduciary. Everything else is secondary.

Outsource accounting software or keep it in-house?

The scope goes down in writing: who enters data, who approves payments, who answers the tax office, who keeps the originals. Every “we'll see” at the start becomes a December misunderstanding — in Vex as elsewhere.

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

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.

The winning trio remains: QR-bills for collections, e-banking connected to the accounts for statement imports (camt.053), and automatic matching rules. Exceptions — partial payments, duplicates, missing references — are then handled in minutes, not hours.

Collaborative desk with laptops and documents, top view

The Swiss legal frame for accounting software

Three documents summarise the health of a Swiss business: the balance sheet (what it owns), the income statement (what it earns) and the notes (what else you should know). All the work of accounting software converges on those three pages, in Vex too.

Art. 957a CO requires complete, truthful and systematic recording of transactions, each entry backed by a supporting document. For accounting software, that means in practice: no movement without a receipt, and an audit trail that can be reconstructed at any time — including during a VAT or AHV inspection.

Vex: what changes, what does not

Sole proprietorship, Sàrl or SA in Vex: the AHV contact remains the competent compensation office, and taxes follow the scales of the canton Valais.

For a business in Vex, that means VAT returns identical to anywhere in Switzerland, but a tax return and family allowances governed by the canton Valais.

Frequently asked questions

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 Vex.

Does MyFiducia.ai work for a business based in Vex?

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 Vex manages its documents, VAT and exports exactly as anywhere in Switzerland.

Can accounting software be automated with AI?

Largely, yes: automatic document reading, posting suggestions, bank reconciliation via QR references and VAT exports. Human approval remains essential — AI prepares, the professional checks. That is exactly how MyFiducia.ai approaches accounting software.

What are the legal obligations for accounting software 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 Vex: federal law applies.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting software for businesses in Vex: 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.