MYOB Online (AU & NZ)

MYOB Online (AU & NZ)

What is Converted?

  1. Contacts
  2. Chart of Accounts
  3. Inventory Items
  4. Jobs / Categories / Classes
  5. Invoices & Bills
  6. Payroll
  7. Transactional History (dependent on package selection)

What isn't Converted?

  1. Multi-currency. AUD must be the only currency (more info).
  2. Uncoded bank transactions. (more info).
  3. Inventory Quantities - Tracking can be setup post conversion (more info).
  4. Payruns - we bring in payroll opening balances (more info).
  5. Payroll restrictions - the below data will need to be added post conversion - or revert to desktop file if possible.
    1. For AU files:
      1. Tax File Numbers
      2. Tax Thresholds
      3. Upward Tax Variations/Additional tax amounts
      4. Superannuation USI/SPIN Numbers - if not matched via name
    2. For NZ files:
      1. IRD Number
      2. Tax Codes (e.g. M, ME, S, etc.)
      3. Special Tax Codes or Extra PAYE deductions
      4. KiwiSaver Scheme
  6. Multi-Location - these can be merged into one (more info).
  7. Invoice description lines longer than 255 characters.
  8. Files with Negative Inventory (more info).
  9. Files with Open Orders with Received Items - (instructions to resolve).
  10. Recurring Invoices, Bills, Manual Journals, Schedule payments, templates & attachments (more info).
  11. Negative Purchase Orders - Xero does not allow this.

Getting Ready to Convert

MYOB Preparation Checklist

Alert
It is ESSENTIAL that you work through the Pre-Conversion Checklist found here before starting your conversion. 

How to Provide Online Access

Transaction Types that May Lead to Issues

If you select a transactional history option, we will attempt to convert all transactions. However, some transaction types may cause issues. See here for more information. 

Post Conversion Recommended Next Steps

Once you have accepted the Xero Organisation we recommend:
  1. Review your customised Action Checklist - Available in your completion email or on the status page.
  2. Comparing your data for peace of mind - more info.
  3. Do you have an Accounts Receivable or Payable Originals Account? - more info.
  4. Updating Chart of Accounts in Xero - instructions.
  5. Setting up your Bank Feeds - instructions.
  6. Helpful resources on using Xero.