qb to xero
qb online to xero
myob to xero
Kashflow to Xero
Sage50 to Xero
Sage One to Xero
FAQ-Sage50 to Xero Conversion
FAQ-Sage50 to Xero
1. What we Convert
Chart of Accounts(We do custom mapping as well)
Opening Account Balances
Bank Transactions (Includes Invoice payments, Bill payments and other Bank Transactions) (All Bank Transactions reconciled as it was done in Sage)
Credit Card (converted as Xero Bank Accounts)
All Invoices and Credit Notes Detailed
All Bills and Credit Notes Detailed
All Manual Journals
Inactive Contacts/Accounts can be brought over on special request
We make our best attempt to give you the exact image of your Sage data, however, due to the limitations of few fields which are different in Sage and Xero, we might have to use some workarounds to bring the transactions.
2. What We Dont Convert
Transaction lines with Nil Values
Individual Payruns for the conversion period
We are specialist in converting core financial information and we try our best to bring the other non financial information as well, however, because of the limitation of APIs of both softwares, we might not be able to get few fields
Chart of Accounts - Sub Accounts in Sage are converted as Independent Accounts in Xero
Chart of Accounts - Inactive Accounts, if used in Sage in the conversion period are turned as Active Accounts in Xero
Open Receivable and Payable Invoices shall contain only single line showing the unpaid balance of Invoice in Xero
Multiple Accounts Receivables in Sage are merged in single Account Receivable in Xero
Multiple Accounts Payables in Sage are merged in single Account Payable in Xero
Multiple VAT Accounts in Sage are merged in single VAT Account in Xero
Custom Sales Tax Rates are converted into standard Sales Tax Rate with "Tax Adjustment" entry as separate line item in Xero
Inter Bank Transfers may be converted through a Clearing Account in Xero
Clearing Account is used in Xero for transactions where Accounts Receivable, Accounts Payable are passed as Journal Entry in Sage
Transactions without any contact / payee name in Sage would be transferred as "No Name" contact in Xero
System Accounts like Retained Earnings, Sales Tax Account, Realised Currency Gains are used in Xero for their counterpart accounts in Sage
In multi currency files, while feeding the opening balances on conversion date, Xero would use same exchange rate for the conversion date for all the multi currency accounts. This might cause a difference in debit and credit side of trial balance, and produce a FX variance, which is brought over in Xero system account called 'Historical Adjustment"
Rounding can be different in Xero and Sage because of the data precision techniques used in both software.
4. Multi Currency
Multi Currency Transactions (brought over in same currency as they were fed in Sage, same exchange rate as it was fed in Sage)
Total Accounts Receivable in Xero shall not exactly match the total of individual Accounts Receivable in Sage because of the different exchange rates being used by Xero for reporting purpose
Total Accounts Payable in Xero shall not exactly match the total of individual Accounts Payable in Sage because of the different exchange rates being used by Xero for reporting purpose
While feeding the opening balances on conversion date, Xero would use same/single exchange rate for the conversion date for all the multi currency accounts. This might cause a difference in debit and credit side of trial balance, and produce a FX variance, which is brought over in Xero system account called 'Historical Adjustment"
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Level 1, 1034 Dandenong Rd Carnegie, VIC 3163, Australia
Babel Studios 82 Southwark, Bridge Road, London
PO Box 56754 Dubai, UAE
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