Team analysing financial charts around a table

Bookkeeping for electricians in Fey: what every SME should know

Bookkeeping for electricians in Fey rests on three pillars: federal law that applies across Switzerland, cantonal deadlines worth knowing, and tools that eliminate re-keying. This guide puts it all in order, fact by fact.

The Swiss legal frame for bookkeeping

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

The good news: the Swiss frame is stable and predictable. Structure bookkeeping once — chart of accounts, document flow, calendar — and the same organisation pays off for years.

A well-structured SME chart of accounts

A good chart of accounts tells the story of the business: classes 1 and 2 describe what it owns and owes, class 3 what it sells, classes 4 to 6 what it consumes. Private accounts (sole proprietorships) and shareholder current accounts (Sàrl/SA) must stay spotless: they are the first thing examined in a tax audit.

For a business in Fey, comparability over time beats sophistication: a chart stable for five years beats a “perfect” one rebuilt every year. Banks and the tax administration read year-on-year movements first.

Digitalising bookkeeping: what actually works

Access for the fiduciary, the auditor and employees is set by roles: view, enter, approve, close. Well-set rights protect the data and speed up collaboration.

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

Smiling team looking at a laptop

Outsource bookkeeping 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 Fey.

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

Fey: what changes, what does not

Fey (postal code 1044, canton Vaud) applies the same federal rules as the rest of the country: what changes in Fey are the cantonal counterparts — tax administration, compensation office, commercial register.

Fey requires no special bookkeeping: the Code of Obligations applies at postal code 1044 as everywhere else, and a well-kept digital file transfers smoothly to any auditor in the canton.

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 Fey.

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 Fey too.

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

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

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 Fey as anywhere.

Also worth reading

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates bookkeeping for businesses in Fey: 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.

    Bookkeeping for electricians in Fey | MyFiducia.ai