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Simplifying accounting for your SME in Switzerland: a practical guide

15 February 2026 by
Simplifying accounting for your SME in Switzerland: a practical guide
David Chessex
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Introduction

For an SME in Switzerland, accounting can seem tedious and complex. However, when well organised, it becomes a valuable tool for monitoring the financial health of your business, avoiding mistakes and optimising your strategic decisions.

This practical guide explains how to simplify your accounting processes while remaining compliant with Swiss legal requirements.

Why simplifying accounting is essential for SMEs

Even for a small business, accounting plays a key role:

  • Clear overview of finances: Track your income and expenditure to better manage your cash flow.

  • Informed decisions: Reliable figures enable opportunities and areas for improvement to be identified.

  • Legal compliance: Well-maintained accounts prevent problems with the tax authorities.

Simplifying accounting does not mean neglecting it, but making it more efficient and less time-consuming.

Accounting obligations in Switzerland for SMEs

According to Swiss law:

  • SMEs with a turnover of less than CHF 500,000 may use simplified accounting (single-entry).

  • SMEs exceeding CHF 500,000 must keep double-entry accounts, with a balance sheet, income statement and notes to the accounts.

Tip: Even if you are below the legal threshold, adopting structured accounting from the outset facilitates management and future growth.

Methods for simplifying accounting

1. Single-entry bookkeeping

  • Recording income and expenditure chronologically.

  • Easy to implement for small SMEs with few transactions.

2. Double-entry bookkeeping

  • Each transaction affects two accounts: debit and credit.

  • Enables precise control and the production of reliable reports.

  • Essential if your SME plans to expand or seek external financing.

Tools for effective accounting

To save time and avoid mistakes:

  • Swiss accounting software: Bexio, Abacus, Sage, etc.

  • Mobile applications: Real-time tracking of invoices, payments, and expenses.

  • Outsourcing: A fiduciary can manage your accounts, ensure compliance and advise you.

Practical tip: Integrate tools connected to your bank to automate flows and reduce manual data entry.

Best practices for managing your SME's accounting

  1. File and archive your documents: Invoices, receipts, and statements should be accessible and organised.

  2. Update your accounts regularly: Monthly accounting is easier to manage.

  3. Anticipate tax returns: Prepare VAT and income tax returns to avoid penalties.

  4. Train your employees: Even a small team can contribute to reliable accounting if they know the basics.

Conclusion

Accounting is not just a legal obligation: for an SME in Switzerland, it is a strategic tool that allows you to track performance, optimise cash flow and make better decisions. By simplifying your processes, adopting the right tools and, if necessary, surrounding yourself with a fiduciary, you can transform accounting into a real growth lever for your business.

Geneva, 15 February 2026

in Blog
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