FiNexusCatching up on everything in March
Twelve months of documents handled in a hurry: things forgotten, questions left open and accounts ready too late.
Your annual accounts. Closed without the rush.
Balance sheet, income statement, notes and tax return, prepared from books kept up to date all year. Your year-end closing takes a few days, well before your general meeting.
In 1 minute
Year-end closing, without the jargon.
What the law requires, what happens on 31 December and what follows up to the tax return. The essentials, in six steps.
1 · Why close the books Sole proprietorship under CHF 500'000: a statement of income, expenses and assets is enough
Once a year, we do the sums.
Balance sheetWhat you own, what you oweat 31.12
Income statementWhat you earned during the yearover 12 months
NotesThe details that go with themunder the CO
2 · 31 December
Every franc in the right year.
Financial year 2026Financial year 2027
31.12
Insurance · 01.07 to 30.06CHF 2'400
Expense in 2026CHF 0
Prepaid for 2027CHF 0Prepaid expense
3 · Depreciation and provisions Accurate profit
What wears out, what’s coming.
VehicleBought for CHF 40'000
Example: over 5 years− CHF 8'000 a year
Tax provision
Known risks and disputes
Holidays and overtime owed
4 · The result Financial statements ready
Everything together, line by line.
Income statementExample, in CHF
RevenueCHF 0
Expenses− CHF 0
Taxes− CHF 0
Net profitCHF 0
Balance sheet at 31.12Example, in CHF
AssetsCHF 0
LiabilitiesCHF 0
EquityCHF 0
5 · The general meeting
Six months to approve.
JanFebMarAprMayJun
Legal reserve5%of profit, up to half the share capital
DividendPossiblefrom profit and free reserves
Carried forwardThe reststays in the company for next year
6 · The tax return My closing checklist
A tax return on solid ground.
Accounts approved Taxable profit Taxable capital
0years of record keeping
Year-end closing in 1 minute 6 steps · with sound
0:00 / 1:05
How it works
From 31 December to the general meeting.
Year-end closing starts in January, not in March. Because your books are kept every month, only the year-end entries are left.
- 1All year round
Your books are kept and your bank reconciled every month. Nothing piles up.
- 2In January
You send us the year-end documents: stock, open invoices, statements at 31 December. Your checklist tells you what.
- 3In February
Closing entries, depreciation, provisions and taxes. The financial statements are prepared, then reviewed.
- 4Before the meeting
You receive your annual accounts for approval, then we prepare your company’s tax return.
Closing calendar
Your dates, in one minute.
Three questions about your business. You get every step of your year-end closing with its date, up to the general meeting and the end of record keeping.
- Based on your year-end date
- Code of Obligations deadlines
- Free, no sign-up
Closing checklist
What you need at 31 December.
Tick what applies to your business: your document list builds itself. You see at a glance what’s still missing.
- Fits your situation
- Live progress
- Sent by email if you like
Your legal form
Year-end date
Your books today
Your business has…
0 of 0 documents ready
Common mistakes
What derails a year-end closing.
A wrong profit, a miscalculated tax or a general meeting held too late. You avoid all of these with books kept month by month and a clear checklist.
Forgetting costs that span two years
Insurance or rent paid in advance partly belongs to the next year. Without an accrual entry, your profit is wrong.
Skipping depreciation
A vehicle or a computer loses value every year. Within the limits the tax authorities accept, depreciation lowers your taxable profit.
Forgetting the tax provision
Profit tax for the year is paid later. Without a provision, your equity is overstated and the bill comes as a surprise.
Letting the shareholder current account drift
An undocumented balance between you and your company can be reclassified by the tax authorities, for example as a hidden profit distribution.
Going past six months
The general meeting approves the accounts within six months of the year end. Without approved accounts, no dividend and a tax return on shaky ground.
Audit
Do you need an auditor? It depends on your size.
A Sàrl or an SA normally has an auditor. Small companies can opt out. A sole proprietorship never needs one.
No audit
Up to 10 full-time jobs on annual average, with the consent of all partners or shareholders.
Art. 727a para. 2 COLimited audit
A licensed auditor checks the annual accounts every year. The general meeting cannot approve them without the audit report.
Art. 727a and 731 COOrdinary audit
Once two of these thresholds are exceeded two years in a row: 20 million balance sheet total, 40 million turnover, 250 full-time jobs.
Art. 727 COYear-end closing at FiNexus: included in Guided, Advisory and Review, with a check by a licensed auditor. With Auto, add the closing and tax return option for CHF 200 a month.
See the plansFAQ
What people ask us about year-end closing.
Your situation is unusual? Ask us directly, it’s the quickest way.
Talk to an expertWhen do my annual accounts have to be approved?
For a Sàrl or an SA, the general meeting approves the annual accounts within six months of the financial year end (art. 699 and 805 CO). With a 31 December year end, that means 30 June at the latest. A sole proprietorship has no general meeting: its accounts are the basis for the owner’s personal tax return.
What do the annual accounts include?
A balance sheet, an income statement and notes (art. 958 CO). The notes give the useful details: accounting principles used, number of jobs, lease liabilities, significant events. A sole proprietorship with turnover under CHF 500'000 can limit itself to a statement of income, expenses and assets (art. 957 CO).
Does my company need an audit?
In principle yes, with a limited audit by a licensed auditor. If your company has no more than 10 full-time jobs on annual average, it can opt out with the consent of all partners or shareholders: this is called opting out (art. 727a CO). The ordinary audit only applies to large companies (art. 727 CO).
How much profit do I have to put into reserves?
5% of the year’s profit goes to the legal reserve from profit, after offsetting any loss carried forward. The allocation continues until the legal reserves together reach half of the share capital entered in the commercial register (art. 672 CO). For a holding company, the threshold is 20%.
When can I pay myself a dividend?
Once the accounts are approved by the general meeting, which decides how the profit is used. The dividend comes out of profit and available reserves, after the allocation to the legal reserve. If your company has an auditor, the general meeting can only approve the accounts with the audit report (art. 731 CO).
Can my financial year end on a date other than 31 December?
Yes. The year-end date is set in the articles of association and can fall at the end of any month. Deadlines are then calculated from that date: the general meeting still takes place within the following six months.
How long do I have to keep my accounting records?
Ten years from the end of the financial year, for the books, supporting documents, management report and audit report (art. 958f CO). Digital storage is allowed, except for the management report and the audit report, which are kept signed.
My previous accounting firm didn’t close last year. Can you take over?
Yes. We collect the accounts and documents, take over the balances from the last available closing and catch up on the late year before closing the next one. You don’t have to rebuild anything.
How much does year-end closing cost at FiNexus?
It’s included in Guided (from CHF 490 a month), Advisory (from CHF 990) and Review (from CHF 390), together with your company’s tax return. With Auto, you add the closing and tax return option for CHF 200 a month. No hourly bill in spring.
Shall we talk?
Your annual accounts, closed on time.
With books kept all year, your year-end closing takes a few days. A first conversation, no commitment.