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Old 05.01.2020, 18:24
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Chart of Accounts for (Very Small) Business

Last year was the first year my spouse and I have had a registered business (a KlG) in Switzerland. We didn't make any income, and had very few expenses (probably all totalling less than 1000 CHF for the year). The reason we needed a business registration is for agreements with 3rd party companies.


Now, I've been following along a chart of accounts that seems rather official for KMUs here, but its pretty insane for this business: https://veb.ch/fileadmin/documents/p...rahmen_web.pdf


My question is: how much can I remove from that chart of accounts? I'd rather just add new accounts as (and if) the business grows, rather than this huge table that has only 3 or 4 populated rows. What do people do for tiny businesses that don't have a need for some "Change in inventories of in-process products" account... I've definitely overcomplicated my approach, so I'm looking how to simplify it
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Old 05.01.2020, 18:35
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Re: Chart of Accounts for (Very Small) Business

Just pick the ones that have relevance and that you want to keep track of. If you have no mortgages, then don't use 1441.
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Old 05.01.2020, 18:39
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Re: Chart of Accounts for (Very Small) Business

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Last year was the first year my spouse and I have had a registered business (a KlG) in Switzerland. We didn't make any income, and had very few expenses (probably all totalling less than 1000 CHF for the year). The reason we needed a business registration is for agreements with 3rd party companies.


Now, I've been following along a chart of accounts that seems rather official for KMUs here, but its pretty insane for this business: https://veb.ch/fileadmin/documents/p...rahmen_web.pdf


My question is: how much can I remove from that chart of accounts? I'd rather just add new accounts as (and if) the business grows, rather than this huge table that has only 3 or 4 populated rows. What do people do for tiny businesses that don't have a need for some "Change in inventories of in-process products" account... I've definitely overcomplicated my approach, so I'm looking how to simplify it
What's a KIG?

You make your own chart of accounts. And of course you can enlarge it how ever you like/need over time.

A side note: In canton Zurich, if you show a loss (which by the way you can take off your taxes if it's a "Einzelfirma") for more than five years, they will tell you it's a "Liebhaberei" (pastime) and don't want to see it in your tax-declaration anymore.

Once you have a turnover of 100K/year and more, you will have to "worry" about VAT accounting.
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Old 05.01.2020, 18:45
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Re: Chart of Accounts for (Very Small) Business

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What's a KIG?

You make your own chart of accounts. And of course you can enlarge it how ever you like/need over time.

A side note: In canton Zurich, if you show a loss (which by the way you can take off your taxes if it's a "Einzelfirma") for more than five years, they will tell you it's a "Liebhaberei" (pastime) and don't want to see it in your tax-declaration anymore.

Once you have a turnover of 100K/year and more, you will have to "worry" about VAT accounting.

KlG = Kollektivgesellschaft, just a simple partnership with no legal entity like a GmbH or AG


OK, thank you, I will just start with our own chart of accounts that makes a bit more sense for us, since this standard Chart of Accounts is pretty intense.
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Old 05.01.2020, 20:15
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Re: Chart of Accounts for (Very Small) Business

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KlG = Kollektivgesellschaft, just a simple partnership with no legal entity like a GmbH or AG


OK, thank you, I will just start with our own chart of accounts that makes a bit more sense for us, since this standard Chart of Accounts is pretty intense.
As a general partnership and with sales of less than CHF 500'000, it is only necessary to maintain a P&L (simple bookkeeping) and it not necessary to perform double-entry bookkeeping with full financial statements (balance sheet and P&L):

https://www.kmu.admin.ch/kmu/en/home...ml#-1396367911

This website discusses simple bookkeeping and also offers a simple bookkeeping program, although an Excel spreadsheet would als be sufficient. This webpage lists account types, which might be useful (German):

https://milchbueechli.ch/buchhaltung...selber-machen/
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Old 05.01.2020, 22:08
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Re: Chart of Accounts for (Very Small) Business

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Once you have a turnover of 100K/year and more, you will have to "worry" about VAT accounting.
Pauschal VAT accounting is even easier.

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I will just start with our own chart of accounts that makes a bit more sense for us, since this standard Chart of Accounts is pretty intense.
Do base it on the given as it is pretty standard and will make life easier if you e.g. outsource your accounting.
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