quitt Business simplifies financial accounting

In Switzerland, corporations (AG), limited liability companies (GmbH) and associations are required to keep proper accounts in accordance with the Swiss Code of Obligations (Art. 957 ff.). This includes maintaining an inventory, a balance sheet and an income statement, supported by complete and traceable documentation.

Payroll accounting is an integral part of this obligation — and one of the most complex and sensitive areas of business administration.

Payroll accounting as part of financial accounting

Payroll accounting covers the recording, calculation and posting of salaries and all related charges. These transactions flow directly into the income statement and affect the company’s balance sheet.

Typical payroll-related elements include:

• Gross salaries
• Employer and employee social security contributions
• Withholding tax
• Pension fund contributions
• Accident and daily sickness insurance premiums

Accurate payroll accounting is essential not only for compliance, but also for cost transparency, financial reporting and audits.

In-house accounting or external partners

Accounting can be handled internally by a qualified employee or outsourced to an accounting firm. Because payroll involves legal requirements, coordination with authorities and insurers, and strict deadlines, many SMEs choose to outsource payroll processing entirely or partially.

In practice, payroll data is always transferred into accounting software — whether for internal bookkeeping or for external accountants.

Payroll made simple with quitt Business

quitt Business takes care of the entire payroll process for you:

• Salary calculations
• Correspondence with authorities and insurers
• Salary payments
• Social security and insurance contributions
• Provision of all legally required payroll documents

You simply pre-fund your client account, and quitt Business handles the rest — reliably, correctly and in compliance with Swiss regulations.

Flexible integration into your financial accounting

All payroll transactions processed through quitt Business must be reflected in your financial accounting. Depending on your needs, quitt Business supports both simple and advanced bookkeeping setups.

You decide how detailed your payroll postings should be.

Detailed payroll postings with individual chart of accounts

Many companies require more granular payroll postings — for example to separately track social security costs, withholding tax or pension fund contributions.

With the bookkeeping integration in quitt Business, you can fully adapt payroll postings to your accounting structure:

• Create your own chart of accounts
• Define your chart of accounts directly in quitt Business, based on a standard template or entirely from scratch.
• Assign payroll components to specific accounts
• All payroll elements — such as gross salary, employer contributions, withholding tax, pension fund and insurance premiums — are automatically mapped to the correct accounts.
• Export booking data for your accounting software
• Payroll postings can be exported as a structured CSV file and imported directly into your accounting system.

All bookkeeping settings can be managed at any time in your company profile under Company data → Accounting, giving you full transparency and control.

Audit-ready at all times

In case of an audit, the payroll journal can be downloaded from quitt Business at any time. All salary payments and charges can be fully traced and reconciled with compensation offices, tax authorities and pension funds.

Thanks to detailed account mapping and structured exports, auditors and accountants can immediately understand how payroll costs were recorded — without manual rework.