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Sage Schweiz AG is consolidating its offerings by integrating Sage 100 into Sage Start, distributed across three new lines: Lite, Standard, and Professional. The new 2013 version enhances business processes with its features and is available immediately.

If a debtor violates the obligation for proper accounting and balance sheet preparation, this can result in penalties of up to three years of imprisonment or a fine. This regulation only affects the insolvency-capable debtor who is required to keep accounts.

Companies registered in the commercial register and sole proprietorships with an annual turnover of more than CHF 100,000 are required to keep accounts. Accounting includes the complete and accurate recording of business transactions as well as the preparation of the balance sheet and income statement.

Good accounting software for start-ups should be modular and offer introductory courses as well as telephone support. It must guarantee ease of use and expandability for invoicing and payroll.

The management of accounting in one's own company depends on prior knowledge; without prior knowledge, an accounting course is recommended. With a commercial background, the accounting can be managed by oneself.

The obligation to keep accounts depends on the obligation to register in the commercial register, not on the registration itself; for sole proprietorships, this obligation begins with a turnover of CHF 100,000. Companies such as general partnerships, LLCs, and corporations must keep accounts regardless of turnover.

The liabilities on the balance sheet reflect who provides capital to the company, divided into debt and equity. Debt encompasses liabilities, while equity shows the ownership claims.

All companies are generally liable for VAT, but they may be exempt from this obligation if their annual turnover is below CHF 100,000. A voluntary VAT registration can be beneficial, for example, for exporters or in the case of initial investments with high input tax.

The asset side of the balance sheet shows the assets of a company, divided into current assets (e.g., cash, receivables, inventories) and fixed assets (long-term assets such as office equipment). Current assets are ordered by liquidity, with cash listed first and less liquid items such as receivables listed last.