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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
- Customer Details
- Supplier Details (Only Name of Supplier)
- Opening Account Balances
- Aged Receivables
- Aged Payables
- Bank Transactions
- Credit Card and PayPal Accounts
- Items
- All Sales Invoices and Credit Notes
- All Purchase Bills and Credit Notes
- All Manual Journals
- Repeating Invoices
- We make our best attempt to give you the exact image of your WAVE data, however, due to the limitations of few fields which are different in WAVE and Xero, we might have to use some workarounds to bring the transactions.
- Budgets
- Track Inventory
- Classes
- 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 Wave are converted as Independent Accounts in Xero
- Chart of Accounts - Inactive Accounts, if used in Wave 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 Wave are merged in single Account Receivable in Xero
- Multiple Accounts Payables in Wave are merged in single Account Payable in Xero
- Multiple VAT Accounts in Wave 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 wave.
- Transactions without any contact / payee name in wave 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 wave.
- 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 wave and xero 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.
Wave Customer
Xero Customer
Wave Vendor
Xero Vendor
Wave Item
Xero Item
Wave Sales Invoice
Xero Sales Invoice
Wave Invoice Payment
Xero Invoice Payment
Wave Purchase Bill
Xero Purchase Bill
Wave Bill Payment
Xero Bill Payment
Wave Bank Deposit
Xero Bank Receive Money
Wave Bank Spend
Xero Bank Spend Money
What makes us Special?
What Our Customers Say
Read All...
Brian SchmittCo-Founder, SureFoot
"MMC converted us from Wave to Xero. Our data in Wave was apparently a little unusual, but after a couple emails MMC had us totally setup and running in Xero w/ all our past data from Wave! I would definitely use them again."
Nigel CroxfordSpencer West LLP
Ankit contacted me very quickly my first enquiry, and in no time, I had a price for the work (to convert from WAVE to XERO) and a timetable for when it would be done. True to his word, the work was completed in 3 days, and then I had an included 30 minute zoom call with MMC's team to ensure everything was ok. I could never have done this work myself, and I highly recommend MMC and their friendly service.
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.
Erica ChapmanDirector, Skyline Business Solutions
Great company to work with, fast turnaround and good communication. I had them do a conversion from Xero to QuickBooks Online that another company failed to do. Their team was quick to complete it and it was accurate! Highly recommended.
Telgavati SubramanyamDirector, First Idea Training Solutions
We are highly recommend MMC Convert and the great service the provide. Excellent service and 5 year data moved from MYOB to QuickBooks Online. Satisfactory data migration achieved.
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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