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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.
    • Xero

      Xero

      Convert historical data from almost any accounting software to Xero

      List of Software which we can migrate to Xero

      Country Name USA   (To change the region, please select region from top right section region drop down)
      Convert from QuickBooks Convert from QuickBooksConvert from Sage Peachtree Convert from Sage PeachtreeConvert from Microsoft Dynamics Convert from Microsoft DynamicsConvert from Account Edge Convert from Account EdgeConvert from GoDaddy (Formerly Outright) Convert from GoDaddy (Formerly Outright)Convert from Wave Convert from WaveConvert from QBO Convert from QBOConvert from Quicken Convert from QuickenConvert from Freshbooks Convert from FreshbooksConvert from Zoho Books Convert from Zoho BooksConvert from Sage One Convert from Sage OneConvert from Exact Convert from ExactConvert from Bench Convert from BenchConvert from Gnu Cash Convert from Gnu CashConvert from ZipBooks Convert from ZipBooksConvert from Xero Convert from XeroConvert from Any Other Software Convert from Any Other Software
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    • QBO

      QBO

      Convert historical data from almost any accounting software to QBO

    • FreeAgent

      FreeAgent

      Convert historical data from almost any accounting software to FreeAgent

    • ClearBooks

      ClearBooks

      Convert historical data from almost any accounting software to ClearBooks

    • FreshBooks

      FreshBooks

      Convert historical data from almost any accounting software to FreshBooks

    • MYOB_Logo

      MYOB Business

      Convert historical data from almost any accounting software to MYOB Business

    • MYOB_connect_ledger

      MYOB Connected Ledger

      Convert historical data from almost any accounting software to MYOB Connected Ledger

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    • FreeAgent

      List of Software which we can migrate to FreeAgent

      • Convert from SageKashflow to FreeAgent
      • Convert from SageQuickBooks Desktop to FreeAgent
      • Convert from SageQuickBooks Online to FreeAgent
      • Convert from SageSage 50 to FreeAgent
      • Convert from SageSage One to FreeAgent
      • Convert from SageXero to FreeAgent
    • FreshBooks

    • Xero

    • QBO

    • ClearBooks

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FAQ - ABSS to Xero Conversion

Home FAQ - ABSS to Xero
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What we Convert

  • Chart of Accounts (We do custom mapping as well)
  • Customer Details
  • Supplier Details
  • Opening Account Balances
  • Aged Receivables
  • Aged Payables
  • Bank Transactions (Includes Invoice payments, Bill payments and other Bank Transactions) (All Bank Transactions reconciled as it was done in ABSS)
  • Credit Card and PayPal Accounts (converted as Xero Bank Accounts)
  • Classes (comes as "Tracking Category" in Xero)
  • Items (comes as "Inventory" in Xero)
  • All Invoices and Credit Notes Detailed
  • All Bills and Credit Notes Detailed
  • All Manual Journals
  • Payroll (Payroll Setup, Employee details, Employment Terms, Pay Items, Pay Templates, Bank Information)  Note
  • Purchase Orders and Estimates (We import purchase orders and estimates as a "Draft" in Xero for a fixed fee)
  • The entire conversion and matching of Reports are done on ACCRUAL Basis.
  • We make our best attempt to give you the exact image of your ABSS data, however, due to the limitations of few fields which are different in ABSS and Xero, we might have to use some workarounds to bring the transactions.

What We Dont Convert

  • Budgets
  • Track Inventory
  • 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
  • Individual Pay Runs for the conversion period
  • Sales Rep
  • Customer Jobs
  • Attachments
  • 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

Workarounds

  • Chart of Accounts - Sub Accounts in ABSS are converted as Independent Accounts in Xero
  • Chart of Accounts - Inactive Accounts, if used in ABSS 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 ABSS are merged in single Account Receivable in Xero
  • Multiple Accounts Payables in ABSS are merged in single Account Payable in Xero
  • Multiple VAT Accounts in ABSS are 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 ABSS
  • Transactions without any contact / payee name in ABSS 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 ABSS
  • If the file roll over has been done at financial year end, then you are requested to send previous backups of ABSS as well for historical years of conversion
  • Rounding can be different in Xero and ABSS because of the data precision techniques used in both software’s. Extraction of data from ABSS is restricted to 2 decimal places
  • Freight, Commission, Discount in ABSS Invoices and Bills are transferred as separate line items in Xero Invoices and Bills
  • Xero has single GST/VAT Account, but ABSS has one GST Received and another for GST Paid, these 2 accounts are combined and resultant is put in single GST/VAT Account in Xero
  • 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.

Multi-Currency

  • Multi-Currency Transactions are brought over in same currency as they were fed in ABSS and same exchange rate as it was fed in ABSS
  • Total Accounts Receivable in Xero shall not exactly match the total of individual Accounts Receivable in ABSS because of the different exchange rates being used by Xero for reporting purpose
  • Total Accounts Payable in Xero shall not exactly match the total of individual Accounts Payable in ABSS because of the different exchange rates being used by Xero for reporting purpose
  • While feeding the opening balances on conversion date, Xero would use same/single 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".
  • ABSS has 6 Accounts for each currency. Apart from Bank Account, Account Receivable, Account Payable, ABSS has link accounts called Linked Bank Account, Linked Account Receivable Account and Linked Account Payable Account. On the contrary, Xero has 3 system accounts to manage foreign currency - realised currency gain, unrealised currency gain and Bank Revaluations. Therefore, there should be difference in the balances of these accounts as they are not the exact image from ABSS Accounts. Xero uses automatic exchange rate from www.xe.com as on report date to produce a report

Sample of how your ABSS data will look in Xero

ABSS Customer

Xero Customer

ABSS Vendor

Xero Vendor

ABSS Item

Xero Item

ABSS Sales Invoice

Xero Sales Invoice

ABSS Invoice Payment

Xero Invoice Payment

ABSS Purchase Bill

Xero Purchase Invoice

ABSS Bill Payment

Xero Bill Payment

ABSS Bank Deposit

Xero Bank Deposit

ABSS Bank Spend Money

Xero Bank Spend Money

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App Benefits Placeholder
What makes us Special?

Historical Years of Conversion

We convert the full previous years to date. Get a complete mirror image of your financial data including previous years.

Payroll

All transactions and payroll are setup so you can pick up where you left off.

Multi Currency

We bring over multi currency transactions in the same foreign currency at the same exchange rate as fed in the source software.

Customized Conversions

Just ask and we deliver. Data conversion can be customized depending on your requirement.

Timely Execution

We've done our best to make sure that we timely deliver converted data.

Constantly improving

We are always trying to improve the service we deliver to our customers.

What Our Customers Say

Read All...
Rob Cheesman
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 Chapman
Erica ChapmanDirector, Skyline Business Solutions
Great company to work with, fast turnaround and good communication. I had them do a conversion from Xero to QBO that another company failed to do. Their team was quick to complete it and it was accurate! Highly recommended.
Telgavati Subramanyam
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 QBO. Satisfactory data migration achieved.
Brian Schmitt
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."
Sharon Chapman
Sharon ChapmanManager at RMY Clements
Ankit has always been quick, efficient and very helpful when converting companies for us (2 so far) from Sage One to QuickBooks so I would have no hesitation recommending MMC Convert.

Our Conversion Packages

  • Basic

    $289USD
    FIXED
    • Chart of Accounts
    • Conversion date balances
    • One Historical Year+ Current Year to Date Transactions
    • All open receivables
    • All open payables
    • All contacts (Customers, Suppliers & Employees)
  • Full Transactional

    $389USD
    FIXED
    • Chart of accounts
    • Previous FY balances
    • One Historical Year + Current Year to Date Transactions
    • All receivables
    • All payables
    • All contacts (Customers, Suppliers & Employees)
We can go back historically for any number of years at an additional price of $100 USD per year

Limitation of Services | What we Convert
*We do full bank reconciliations as fed in your previous software

How It Works We Convert your data file with few simple steps.

  • Step
    1
    Load File
  • Step
    2
    Select Service & Provide Details
  • Step
    3
    Make Payment
  • Approve Quotation
    Step
    4
    Leave file with MMC
  • Step
    5
    Receive Subscription Transfer
Our Offices
  • USA 1250 N Lasalle Street Chicago. 60610, USA
  • AUSTRALIA Level 1, 1034 Dandenong Rd Carnegie, VIC 3163, Australia
  • UK Babel Studios 82 Southwark, Bridge Road, London
  • Dubai PO Box 56754 Dubai, UAE
  • India 163, RNT Marg, Indore, India
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