How often should accounting be updated?

Professional accounting should be updated at least monthly to always have a current overview of the financial situation.

The frequency of accounting updates depends on company size, number of transactions, and legal requirements. Here are the main recommendations:

Recommended update intervals:

Monthly accounting (standard):

• SMEs with regular transactions: Optimal ratio of effort to benefit
• VAT-liable companies: Quarterly VAT accounting requires current data
• Credit-financed companies: Banks often require monthly reports
• Growth companies: Better control over cash flow and development

Weekly accounting:

• Trading companies: High transaction volumes
• Restaurants/Gastro: Daily revenues and cash transactions
• E-commerce: Many online transactions

Quarterly accounting:

• Small businesses: Few transactions per month
• Consulting companies: Irregular invoicing
• Minimum requirement: For VAT accounting

Legal minimum requirements:

Swiss Code of Obligations prescribes:

• Companies required to keep accounts: Continuous recording of all business transactions
• VAT accounting: Quarterly or annually
• Annual closing: At latest 6 months after end of financial year

Advantages of current accounting:

Financial control:

• Current liquidity overview
• Early detection of problems
• Better decision-making basis
• Precise budget planning

Legal security:

• Compliance with all deadlines
• Correct VAT accounting
• Tax optimization possible
• Avoiding additional payments

Digital solution at Findea.ch:

With our cloud system, your accounting is always up to date:

• Real-time updates: Automatic synchronization
• Live dashboard: Current key figures accessible anytime
• Scan app: Capture and process documents immediately
• Automation: Recurring bookings automatic

Our tip:

Start with monthly accounting. This offers the optimal balance between current information and cost efficiency. If needed, you can adjust the frequency at any time.

With Findea.ch, you receive a complete financial report monthly and have access to your current figures anytime through our dashboard.