Documents for the year-end accounts 2015
At the end of the commercial year, the company’s books must be closed off and the 2015 year-end accounts prepared for the tax authorities. This checklist will help you to avoid missing any important points.
On the one hand, the 2015 year-end accounts must meet the legal requirements, on the other, they must meet the requirements of the tax authorities. Sole traders and SME’s often have a trustee prepare their year-end accounts. To ensure the process runs smoothly and efficiently, you should have the following documents ready and give them to the trustee:
- VAT statement
- List of capital assets
List of all inventory assets such as property, IT equipment, stock, vehicles etc. The inventory should provide information about purchases/sales over the business year, so that the balance sheet values and depreciation can be shown effectively. - Loans/mortgages
Copies of balance statements and bank statements. - Insurance
Hand in the final statements from the AHV (Old age and survivor’s pension), accident and sickness cover insurance, public liability insurance and BVG (professional pension) deductions. - Open accounts payable for deliveries and services
Put together a list of all invoices which you will pay in the New Year, but still affect the old business year. - Open accounts receivable for deliveries and services
Put together a list of all invoices sent to customers in the old year, but which won’t be paid until the New Year. - Transitory liabilities
Pull together all debts which arose in the old year, for which you have not yet received an invoice (passive accrual). - Transitory assets
Pull together all accounts receivable which arose in the old year, for which you have not yet produced an invoice (active accrual).
