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We can migrate any number of historical years, both single and multi currency entities, customized Chart of Accounts.
This is a full transactional conversion wherein we bring Chart of Accounts, Contact Master, Item Master, Opening Trial Balance, Invoices, Bills, Bank Transactions and Manual Journals.
List of Software which we can migrate to Xero
AUSTRALIA (To change the region, please select region from top right section region drop down)
Convert from MYOB Convert from MYOB Essentials Convert from QuickBooks Online Convert from Reckon (Desktop) Convert from Cash Flow Convert from Sage One Convert from BankLink Convert from Reckon One (Online) Convert from Reckon Home & Business Convert from FreshBooks Convert from AccountAbility Convert from PS Cash Book Plus Convert from Exact Convert from Indinero Convert from Gnu Cash Convert from Xero Convert from Saasu Convert from Any Other Software
- FAQ
- Chart of Accounts (We do custom mapping as well)
- Customer Details
- Supplier Details
- Opening Account Balances
- Aged Receivables
- Aged Payables
- Bank Transactions (Includes Invoice payments, Bill payments and other Bank Transactions) (All Bank Transactions reconciled as it was done in Reckon)
- Credit Card and PayPal Accounts (converted as Xero Bank Accounts)
- Classes & Customer Job (comes as "Tracking Category" in Xero)
- Items (comes as "Inventory" in Xero)
- All Invoices and Credit Notes Detailed
- All Bills and Credit Notes Detailed
- All Manual Journals
- Payroll (Payroll Setup, Employee details, Employment Terms, Pay Items, Pay Templates, Bank Information) Note
- Purchase Orders and Estimates (We import purchase orders and estimates as a "Draft" in Xero for a fixed fee)
- Wine Equalisation Tax (WET)
- The entire conversion and matching of Reports are done on ACCRUAL Basis.
- We make our best attempt to give you the exact image of your Reckon data, however, due to the limitations of few fields which are different in Reckon and Xero, we might have to use some workarounds to bring the transactions.
- Budgets
- Track Inventory
- Description
- Classes
- Items
- QTY and sales price
- Fixed Asset
- Expense Claims
- Memorised Transactions
- Payment Terms
- Custom VAT Rates
- Invoice Templates
- Time Sheets
- Repeating Invoices after the "Convert To" date
- Deleted/Void Transactions
- Allocation of Invoices or Bills against credit notes
- Transaction lines with Nil Values
- Sales Rep
- Customer Jobs
- Attachments
- Unreconciled Entry
- 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 software’s, we might not be able to get few fields
- Chart of Accounts - Sub Accounts in Reckon are converted as Independent Accounts in Xero
- Chart of Accounts - Inactive Accounts, if used in Reckon 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 Reckon are merged in single Account Receivable in Xero
- Multiple Accounts Payables in Reckon are merged in single Account Payable in Xero
- Multiple VAT Accounts in Reckon 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 Reckon
- Transactions without any contact / payee name in Reckon 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
- We bring Wine Equalisation Tax (WET) by adding a description line item to the invoices having WET. Please note that we do not bring WET as a Tax Type.
- 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 because of the data precision techniques used in both software’s.
- Blank Bill reference Numbers and Invoice reference Numbers:- In case we find any invoice or bill without a number, we use a dummy number example for Bills:- Bill1, Bill2 and for Invoices - Inv1, Inv2.
- Duplicate reference Number in bank transactions or invoices/bills:- In case we find duplicate reference numbers then we use transaction numbers instead of reference numbers or make the numbers unique by appending an extra character with a hyphen
- Limitation of Item number:- Xero have limitations of 30 characters for Item number thus for the item numbers more than 30 characters we have to trim them to 30 characters.
- Multi-Currency Transactions (brought over in same currency as they were fed in Reckon, same exchange rate as it was fed in Reckon)
- Total Accounts Receivable in Xero shall not exactly match the total of individual Accounts Receivable in Reckon 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 Reckon 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"
Reckon Customer
Xero Customer
Reckon Supplier
Xero Supplier
Reckon Sales Invoice
Xero Sales Invoice
Reckon Invoice Payment
Xero Invoice Payment
Reckon Purchase Bill
Xero Purchase Bill
Reckon Bill Payment
Xero Bill Payment
Reckon Item
Xero Item
Reckon Inter Bank Transfer
Xero Inter Bank Transfer
Reckon Cheque
Xero Bank Spend Money
Reckon Deposit
Xero Deposit
What makes us Special?
What Our Customers Say
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Rob CheesmanDirector, Kettering Professional Services
We used MMC for two Reckon conversions. One in Australia and one in New Zealand. Both had multi currency and one had payroll. We were very happy with the work done and especially how good the communication was. Highly recommend them.
Jackie ZhaoTrood Pratt & Co
We used MMC Convert for converting a client's Reckon file to Xero. The file had foreign currency and job tracking. It took longer than anticipated but MMC did a good job at converting historical job transactions. Ankit is very helpful and always provided updates of the process and fixed any small issues promptly. I would recommend him to our other clients.
Andrew HaynesFounder | Small Business Accountant
MMC Convert did a great job converting a multi-currency Reckon conversion that another conversion supplier was unable to handle. Not only did they complete the job, they did so over the Christmas holiday period well and truly within their estimated time to complete. Great work!
Dat PhanBusiness Advisory Manager, Elevate Accounting
Ankit and MMC did a fantastic job converting a complex Reckon file, including multi-currency transactions, to Xero. They were timely, great to deal with and produced a really great converted Xero file. Highly recommended
Dallas VenablesAbacusBio Limited
The team at MMC covert did a seamless job converting our Reckon file with 5 years of historical data to Xero. Communication was excellent and Ankit went out of his way to help out with some additional questions which were not necessarily part of the transfer remit. It was completed in the time frame indicated at the start and everything was 100% accurate and reconciled. Would definitely use again! Thanks
Our Conversion Packages
We can go back historically for any number of years at an additional price of $150 AUD per year
*We do full bank reconciliations as fed in your previous software
How It Works We Convert your data file with few simple steps.
- Step1Load File
- Step2Select Service & Provide Details
- Step3Make Payment
- Approve QuotationStep4Leave file with MMC
- Step5Receive Subscription Transfer
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