Here is our recommendation of what to check before converting to Xero. The cleaner your data, the smoother your conversion to Xero.
- WE CAN CONVERT:
- AccountRight Live
- AccountRight Enterprise depending on how it has been used (AU only)
- MYOB Premier & MYOB Basics
- AccountEdge (a fee will apply)
- MYOB New Essentials, Live & Business (AU Only)
- MYOB Business (AU Only)
- WE DO NOT CONVERT:
- MYOB old Essentials
- Multi-currency or multi-location files
- Files with negative inventory
- If the file uses WET/WEG
BEFORE you start your MYOB conversion:
ESSENTIAL Data Preparation:
ATTENTION: Please note if the Essential Data Preparation is not completed prior to upload a reconversion charge may apply.
*WARNING: Some banks require credit cards to be set up as bank accounts in Xero in order to connect bank feeds.
See here for more information.
- Ensure that Accounts Receivable, Accounts Payable and GST accounts do not have Account type as Bank Account.
- For NZ clients - we need your GST/IR number to convert the file..
- If you have used Undeposited Funds for Sales ensure the source file and mapping are set up as a Bank - to ensure this links to the contact history.
ONLINE VERSIONS – Stop working in MYOB – data will be extracted at a point in time. Data entered after this date will need to be re-entered if you continue working in MYOB. Excessive changes to the online file during the conversion process will be stopped for reconversion and the turn around time will restart as these changes prevent quality assurance to occur.
OPTIONAL Data Preparation:
- Check that the balances in all reconciled bank accounts and credit cards match the bank statements as of the last reconciliation date.
- Make sure your Accounts Receivable and Accounts Payable ageing match the Trial Balance value. Apply all credit notes unless current.
- Confirm that the Accounts Receivable/Accounts Payable reconciliation report balance matches the balance in the General Ledger.
- Check how non-standard tax codes are treated.
- Ensure all clearing accounts are reconciled to NIL.
- Ensure all bank transactions you want converted are coded.
- Run a verification of the MYOB file (File > Verify Company File). If errors occur, we can fix these for you under our Accelerate Package.
- Terminate any employees not paid in the current financial year.
- Check that all employees have an accurate USI/SPIN
- Pay Superannuation to date through the MYOB file (if applicable)
Next steps:
- Desktop Only Create a backup of the MYOB file.
- Start your conversion:
- We create the Xero Organisation and transfer to you: Go to the Jet Convert website to start your Xero conversion. OR
- We convert into your Xero Organisation: Click here to start your conversion.
- Online Only Invite Jet Convert into your MYOB online.
- Make your conversion package selection.
- If Applicable Complete your bank account mapping.
Conversion Turnaround Time:
The conversion will take up to 3 business days for desktop files and up to 5 busines days for online software from when you have:
- Selected your conversion package.
- Online Conversions Only Provided us with access to MYOB online.
- Premium Packages Only* Advised as to how you want the bank accounts to be treated in Xero.
* Please be advised -If bank mapping is not completed within a 48 hour timeframe we will complete this on your behalf.