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Accounting software for engineering firms in Hermenches: the practical guide

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 Hermenches: what the law requires, what can be automated, and when to delegate.

Digitalising accounting software: what actually works

Accounting digitalisation always follows the same path: capture documents at the source (photo or PDF upload), let automatic recognition extract supplier, amount, date and VAT, approve the proposed entries, then archive each document linked to its entry. Every step removes a re-keying — and therefore an error source.

Electronic archiving is fully recognised: Swiss bookkeeping regulation admits electronic retention of records provided integrity and readability are guaranteed for the 10 years of art. 958f CO. A paper binder is no longer an obligation — provided the archiving system is serious.

The Swiss legal frame for accounting software

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.

One simple principle drives accounting software: every franc in or out must be explainable by a document, an entry and an account. All of Swiss accounting law fits inside that traceability requirement.

Outsource accounting software 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 Hermenches.

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

Smiling team looking at a laptop

QR-bills and friction-free collections

Technically, two routes coexist: the classic IBAN with an optional reference, or the QR-IBAN which requires a structured 27-position QR reference. Only the second route makes matching truly automatic — every payment carries the exact identifier of its invoice.

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.

Hermenches: what changes, what does not

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

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

Frequently asked questions

How long must records related to accounting software 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 Hermenches can therefore archive fully digitally.

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 Hermenches.

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 Hermenches: federal law applies.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates accounting software for businesses in Hermenches: 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 software for engineering firms in Hermenches