Access Dimension to Xero
Account Ability to Xero
clearbooks to Xero
Kashflow to Xero
MoneyWorks to Xero
myob essentials to xero
myob to xero
qb online to xero
qb to xero
Quicken to Xero
Reckon Home And Business to Xero
Microsoft Dynamic to Xero
Reckon to Xero
Saasu to Xero
Sage 50 to Xero
Sage One to Xero
TAS to Xero
VT to Xero
Free Agent to Xero
QB to QBO
XERO to QBO
TAS Books to QBO
MYOB to QBO
Sage 50 to QBO
Excel to QBO
Zoho to ClearBooks
Xero to ClearBooks
Twinfield to ClearBooks
Solar Accounts to ClearBooks
Bright Pearl to ClearBooks
MYOB to ClearBooks
FAQ- Reckon Home And Business to Xero Conversion
FAQ-Reckon Home And Business to Xero
1. What we Convert
Chart of Accounts (We do custom mapping as well)
Opening Account Balances
Bank Transactions (All Bank Transactions reconciled as it was done in Reckon Home and Business)
Credit Card and Paypal Accounts (converted as Xero Bank Accounts)
We make our best attempt to give you the exact image of your Reckon Home and Business data, however, due to the limitations of few fields which are different in Reckon Home and Business and Xero, we might have to use some workarounds to bring the transactions.
2. What We Dont Convert
Custom VAT Rates
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 Reckon Home and Business are converted as Independent Accounts in Xero
Chart of Accounts - Inactive Accounts, if used in Reckon Home and Business in the conversion period are turned as Active Accounts in Xero
Multiple VAT Accounts in Reckon Home and Business 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
Transactions without any contact / payee name in Reckon Home and Business 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 Reckon Home and Business.
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 Reckon Home and Business because of the data precision techniques used in both softwares.
4. Multi Currency
Multi Currency Transactions (brought over in same currency as they were fed in Reckon Home and Business, same exchange rate as it was fed in Reckon Home and Business)
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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