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Reviewing Payroll data in Xero
Xero payroll is a powerful tool to minimise the time it takes to manage payments to your team as well as superannuation. To get the most out of Xero, it needs to be correctly set up. When Jet Converts clients from a different accounting system, we ...
Comparing Data - Cash versus Accrual
Differences in Reporting - Cash vs Accrual You may find that if you run a Trial balance and Profit and Loss Report comparison using an Accrual basis that Xero matches with your source data. However, if you compare the reports on a Cash Basis you may ...
Frequently asked questions for first time conversions
How does it work? You will be asked to upload a desktop file or provide access to your online company. We will replicate the data from your accounting software in Xero. If you use the regular service subsidised by Xero we will create the Xero ...
Other Considerations
Account numbers The hyphen is removed from the number as part of the process, for example 4-1000 in MYOB becomes 41000 in Xero or 4.100 in Reckon comes across at 4100. Note Xero has a limit of 10 numbers, so if the source is longer it maybe truncated ...
Where to setup USI numbers in your source data?
MYOB To get the SPIN or USI, please follow the steps below: Go to Lists in your MYOB. Click Superannuation funds Select Fund Check details of USI Reckon To get the SPIN or USI, please follow the steps below: Go to Employee Centre in your Reckon. Open ...