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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-MYOB Essentials to Xero Conversion

Home FAQ-MYOB Essentials 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 MYOB Essentials)
  • Credit Card and PayPal Accounts (converted as Xero Bank Accounts)
  • Items (comes as "Inventory" in Xero)
  • All Invoices and Credit Notes Detailed- If Invoices have Items, then we can fetch Quantity, Rate, Item description
  • All Bills and Credit Notes Detailed - If Bills have Items, then we can fetch Quantity, Rate, Item description
  • All Manual Journals
  • Payroll (Payroll Setup, Employee details, Employment Terms, Pay Items, Pay Templates, Bank Information) Note
  • Wine Equalisation Tax (WET)
  • 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 MYOB Essentials data, however, due to the limitations of few fields which are different in MYOB Essentials and Xero, we might have to use some workarounds to bring the transactions.

What We Dont Convert

  • Invoice Description- We fetch only Item Description.
  • Purchase Orders and Estimates
  • Budgets
  • Track Inventory
  • Fixed Asset
  • Expense Claims
  • Memorised Transactions
  • Payment Terms
  • Custom GST 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
  • Opening Balances for Payroll
  • Individual Pay Runs for the conversion period
  • Sales Rep
  • Customer Jobs
  • Attachments (we do it separately for a fee)
  • 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.
  • We don't bring the "Notes" under the invoice and Bills

Workarounds

  • Chart of Accounts - Sub Accounts in MYOB Essentials are converted as Independent Accounts in Xero
  • Chart of Accounts - Inactive Accounts, if used in MYOB Essentials 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
  • Open Receivable and Payable Invoices shall contain only single line showing the unpaid balance of Invoice in Xero which would be coded to Dummy Income/expense account.
  • Multiple Accounts Receivables in MYOB Essentials are merged in single Account Receivable in Xero
  • Multiple Accounts Payables in MYOB Essentials are merged in single Account Payable in Xero
  • Multiple GST Accounts in MYOB Essentials are merged in single GST 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 called Temp
  • Clearing Account called Temp is used in Xero for transactions where Accounts Receivable, Accounts Payable are passed as Journal Entry in MYOB Essentials.
  • Transactions without any contact/payee name in MYOB Essentials would be transferred as "No Name" contact in Xero
  • System Accounts like Retained Earnings, GST Account, Realised Currency Gains are used in Xero for their counterpart accounts in MYOB Essentials.
  • Rounding can be different in Xero and MYOB Essentials because of the data precision techniques used in both software’s.
  • We bring Wine Equalisation Tax (WET) by adding a description line item to the invoices having WET. Please note that we do not bring WET as a Tax Type.
  • Freight, Commission, Discount in MYOB Essentials Invoices and Bills are transferred as separate line items in Xero Invoices and Bills
  • Xero has single GST Account, but MYOB Essentials has one GST Received and another for GST Paid, these 2 accounts are combined and resultant is put in single GST 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 MYOB Essentials and same exchange rate as it was fed in MYOB Essentials
  • Total Accounts Receivable in Xero shall not exactly match the total of individual Accounts Receivable in MYOB Essentials 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 MYOB Essentials 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".
  • MYOB Essentials has 6 Accounts for each currency. Apart from Bank Account, Account Receivable, Account Payable, MYOB Essentials 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 MYOB Essentials Accounts. Xero uses automatic exchange rate from www.xe.com as on report date to produce a report.

Sample of how your MYOB Essentials data will look in Xero

MYOB Essentials Contact

Xero Contact

MYOB Essentials Item

Xero Item

MYOB Essentials Purchase Bill

Xero Purchase Bill

MYOB Essentials Sales Invoice

Xero Sales Invoice

MYOB Essentials Bank Spend Money

Xero Bank Spend Money

MYOB Essentials Bank Receive Money

Xero Bank Receive Money

MYOB Essentials Journal

Xero Journal

MYOB Essentials InterBank Transfer

Xero InterBank Transfer

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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...
James Sultana
James SultanaManaging Director, Grand Print Services
I used MMC to convert MYOB essentials into Xero. MYOB essentials conversions seemed to be a problem to a lot of other suppliers but MMC did this conversion perfectly! Ankit and his team did a fantastic job moving 2 years of data across to Xero. Ankit had fantastic communication throughout the entire process. I highly recommend MMC!
Kristy Haley
Kristy HaleyFounder & Head of Sales, Li'l Daks
Integration from MYOB Essentials to Xero in promised time... not only did Ankit and team assist in the integration but they also made it their job to ensure I understood the data carried over, showed me it was all there over a Zoom meeting. Ankit also offered assistance by fixing a lot of errors other bookkeepers had made - so I could get on with my new Xero subscription. Extremely please and I will be using Ankit as my support team in the future, very happy. Thank you, again!
Louise Shegog
Louise ShegogFinancial Controller, Form1 Group
I used MMC services for MYOB essentials conversion to Xero including attachments and 2 year history. The team provided updates regularly and the conversion was completed in a timely manner for what I expected. It was a good effort and effective service.
Sarah Bradford
Sarah BradfordAdministration / Accounts, Babington and Associates
We used MMC to transfer 5 years of data from MYOB Essentials and it was amazing just how much has been accomplished in a small amount of time. They even transferred all of the individual descriptions we had in our thousands of invoices which I wasn't expecting. Ankit has kept me fully informed on the progress and has been supportive in all of my many questions. I can absolutely recommend MMC services for transferring of data, especially from MYOB Essentials which doesn't give you the option of pulling the required data out. Best decision we ever made deciding to use their services. Thank you so much Ankit
Tracey Rubens
Tracey RubensPrincipal, Jog Consulting Pty Ltd
I have just used MMC for a conversion for a new client from MYOB Essentials to Xero. They responded to emails in a timely manner and the data appears in good shape. They were a little slower than I expected but kept me in the loop as to when things would be completed. A great result

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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