How Data Converts
WET / WEG Tax Codes
The only way we can convert transactional data is if WET/WEG are removed from your source file for any tax amounts which are not 0 or 10%. If you have not used this tax code then there is a good chance you can remove it from the source file ...
Multi-Currency
We cannot convert files with multi-currency transactions. If multi-currency has not been used, there is a possibility that you may be able to turn it off or you can convert the transactions to the native currency. Multi-Currency in MYOB If ...
$0 balance invoices/Differences in the GST Reconciliation Report
Invoices that have positive and negative lines that result in the balance of the invoice being $0.00 are captured differently among accounting systems. These are sometimes used to Journal an amount from one account to another without creating a ...
Custom/Non-standard Tax Codes
Australia Australian accepted tax codes The image below displays the standard tax codes that are accepted by Xero in Australia: The source file will require adjustments if you have used tax codes that are other than 0 and 10% as Xero does not accept ...
GST System Differences
There are a number of differences in regards to GST handling that you need to be aware of when moving from one accounting package to another. These can impact you regardless of whether you are converting over yourself or using our conversion service. ...
Bank Versus Asset/Liability Accounts
In Xero if you would like to be able to reconcile an account it needs to be a bank account, you don’t have to have linked bank feeds if not required. As such it is an operational decision whether it is a bank account or an asset/liability account. It ...
Chart of Accounts
Chart of Accounts All accounts—including bank accounts—are brought into Xero during conversion, regardless of whether they are marked active or inactive in the source. This ensures historical transactions remain intact. If you no longer need certain ...
Contacts
Contacts Contact details convert with addresses sorted into Postal and Street in Xero. We check every phone number and make sure the mobile number ends up in the mobile field. We also check each address for variations of PO Box and automatically move ...
Transactional History
When it comes to your service selection you will be given the choice of a service: With transactional history – useful for reporting or referring to past data in Xero, OR Limited History service – useful for a fresh start or really messy legacy data. ...
Inventory Items
All items are created in Xero with their item codes, descriptions and purchase and sales details. What we Convert Item number and item name Base Sales Price Standard cost COGS and Inventory $ COGs and Inventory Accounts Item Description: Note: there ...
Invoice, Payslip & Other Templates
Templates are NOT brought across to Xero for the following reasons: Templates are not contained in the accounting file itself Other products are inconsistent in how they treat templates so we can’t bring them across. Payslip Template You will need to ...
Other Considerations
Attachments Invoices, PDF's or other documents attached within the source file do not convert. Audit Logs Audit logs are unique to when data is posted in the accounting system so they cannot be brought across to Xero. Bank Rules Bank Rules do not ...
Jobs / Classes / Categories
Do Jobs / Classes / Categories Convert? Yes, Jobs, Classes and Categories come across in all conversions if there are less than 100. You can receive up to 500 Jobs / Classes / Categories under the Accelerate premium package. If there are more than ...
Payroll
Please note payroll is currently only available for Australian conversions Payslips will not be converted to Xero During the conversion, Xero does not allow us to bring in the detailed payroll information as you would expect to see in Xero. Instead, ...
Transaction types that may lead to issues
We always try to deliver the conversion with full transactional history. On occasions, if the following transaction types occur extensively we may only be able to provide a service with no or reduced history. In some instances it may prevent us from ...
Recurring / Repeating Invoices
Jet Convert does not convert recurring Invoices, bills, scheduled payments and recurring manual journals. Presently the API for pushing this data into Xero is not available. We can get the information, but not post it into Xero. Therefore these ...
Tracked Inventory after conversion
Our conversion brings across the accounting data associated with Inventory and not stock management data. Please see here for How inventory data is converted. About Tracked Inventory Inventory items are converted as 'Un-tracked Items' this allows the ...