Benkorp has used JetConvert many times for conversions and have found the conversion process and result excellent and the staff great to work with! There are a few instances when this automatic process is not possible, mostly due to strange transactions, & tax codes and more complicated inventory or multi-currency transactions. I have never had a problem converting church & NFP data from MYOB to Xero.
To guarantee an amazing Xero experience, get in touch today to put together a collaboration plan. If you’re planning to move your business over to Xero, you probably have a lot of questions. The whole process may seem a little bit daunting, and you may be tempted to throw your hands in the air and give up before you’ve even begun.
Our accountants and advisors can serve clients all over Australia.
- Keen to learn more about cloud-based software and how it can fast-track your accounting?
- Many accounting firms and bookkeeping practices try out new software but stick to old processes – which is fruitless.
- In today’s fast-paced business environment, having the right accounting software can significantly impact your efficiency and productivity.
- This would help you understand the scope of your work and let the outsourcing firm provide a quote for the exact MYOB to Xero conversion that you would require.
- The appeal of cloud-based accounting software is different for each business and you should identify what you’re trying to achieve by changing to Xero in advance.
Start by identifying a business pain point such as scheduling online appointments and then solve it by plugging in your add-on. There are other automatic updates that will take place such as tax table changes or payroll changes so you don’t have to worry about doing these either. Xero will also allow you to imbed images in all transactional screens.
Specialist Bookkeeping for Churches and Not for Profit Organisations
Occasionally, we have businesses approach us that ask if we can help them migrate from their current software to Xero. One question you may be wondering and want to be answered first and foremost is why should you move? A top reason to move to and love Xero is that it’s a 100% cloud product.
The beauty of Xero is that it never rolls over, so once you’ve migrated everything over from MYOB, you’ll have all your transactions from the start of trading in one place. For small businesses it may be simple to simply start over with a fresh Xero file. Simply enter the opening balances, any invoices and bills that still need to be paid, and maybe import your list of your regular customers and suppliers across so that you have their details handy. Here is our recommendation of what to check before converting to Xero.
We settle the Xero vs MYOB debate once and for all by comparing their features, pricing, and more. Some MYOB versions don’t account for unrealised foreign currency gains and losses. No matter how driven, focused, or hard-working you are, it’s easy to lose valuable time when using outdated accounting software. Account-Consultant offers the best accounting & bookkeeping outsourcing services in Australia & New Zealand. We have a team of highly talented accountants & bookkeepers with great software expertise. Conversion apps can help make the transition fast and seamless, converting your data from other accounting software to Xero.
Make sure all bank accounts have been reconciled and all open credits have been applied to their respective invoices or bills. The appeal of cloud-based accounting software is different for each business and you should identify what you’re trying to achieve by changing to Xero in advance. Many accounting firms and bookkeeping practices try out new software but stick to old processes – which is fruitless. If you want to change accounting software then you must do so with the right approach for a smooth process. Thinking about changing and upgrading your accounting software but aren’t sure where to start? Then take time to review some questions to ask when moving from MYOB to Xero so you can have a successful conversion.
You will record your transactions in their actual currency and Xero will take care of all the exchange rates behind the scenes. You’ll receive a request from MMC Convert to access your MYOB account. Once they get access, you’ll be notified on the progress and your data will appear in MYOB within 10 business days.
Point #3 The value of unpaid invoices and bills
Xero reserves the right to limit conversions at its own discretion, so it’s essential to get every last detail right. Our team can help you manage user access, set up bank feeds, do your invoice branding and get your Xero account finalised for everyday use. We recommend convert from myob to xero Jet Convert, which is a trusted technology partner of Xero and registered BAS Agent.
We make converting to Xero easy and fast from MYOB, QuickBooks Online & Reckon!
From sole traders who need simple solutions to small businesses looking to grow. Let Jet Convert do the work when you’re moving from MYOB, Reckon, Quickbooks, or from bank statements to Xero. We can also assist with other requirements such as Inventory management systems, P.O.S systems and CRMs. We will work with you to find the right Xero complements for your business, so you can run efficiently sooner. Once we complete your Xero conversion, we can support you with Xero training. So you can learn the foundations, all the way through to specialist knowledge.
Once your data has been converted, get up and running in Xero with videos, guides, and webinars. Once you have made the great decision (in most cases) to convert from using MYOB Accounting software to using Xero Accounting Software you have to consider the conversion process. If you’ve completed the above steps on your own, you’ll need to check that each transaction in MYOB from the conversion date was successfully converted to Xero.
- It’s also very easy to upload spreadsheets to support any calculations.
- Once your data has been converted, get up and running in Xero with videos, guides, and webinars.
- Find out more about converting your data and see the checklists provided by Jet Convert to get your data ready to be converted.
- With years of experience in migrating businesses from one accounting software to another, we offer the best MYOB to XERO Conversion service.
We provide tailored financial and business advice to professionals across a range of industries. Imagine that you are an Australian business and at the time of your conversion from MYOB to Xero you have a week-old invoice worth US $100 that is unpaid at the time of the Xero conversion. The advantage is that the two systems will perfectly match when looking at your historical data. The main difference is that when you compare your MYOB and Xero reports, you may see a slightly different list of accounts.
Let Jet Convert do the work when you’re moving from MYOB, or from bank statements to Xero. In other words, on any date your report is run, it will be from the start of the financial year. In fact, the way Xero handles multi currency is probably in itself a good reason to move across.
They’ve converted over 75,000 businesses from MYOB, QuickBooks, and others to Xero. You’ll start by importing the chart of accounts, invoices, bills, and credit notes from MYOB into Xero. If you aren’t using a supported version of MYOB, you can use Xero’s template files and make the necessary adjustments. If you encounter errors, or fewer invoices are listed than in your file, then it’s best to use the Xero CSV template to import sales invoices or credit notes and bills into Xero. Of course, you can always raise a question or concern with Xero’s support team who will be glad to help you. There’s also a community of customers, accountants, and bookkeepers you can access through Xero’s website if you want to start a discussion, or you can contact us for training information.
With years of experience in migrating businesses from one accounting software to another, we offer the best MYOB to XERO Conversion service. Within a few business days, you’ll receive your Xero subscription, converted data, and an action checklist. We take a look at the best accounting software for small businesses, and how to choose the right platform that meets your needs. This option does not provide history or balances and is mainly for MYOB files that are out of sync with accountant’s figures. You’ll save a lot of time and effort if you collaborate with a dedicated financial advisory firm or trusted accountant on your switch from MYOB to Xero. At Liston Newton, we can guide you through the key steps involved in converting MYOB or Reckon client files to Xero.