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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 UK   (To change the region, please select region from top right section region drop down)
      Convert from Kashflow Convert from KashflowConvert from QuickBooks Convert from QuickBooksConvert from Sage Convert from SageConvert from Twinfield Convert from TwinfieldConvert from TAS Convert from TASConvert from QBO Convert from QBOConvert from FreeAgent Convert from FreeAgentConvert from Clearbooks Convert from ClearbooksConvert from Sage One Convert from Sage OneConvert from FirstBooks Convert from FirstBooksConvert from Access Dimension Convert from Access DimensionConvert from MoneyWorks Convert from MoneyWorksConvert from Crunch Convert from CrunchConvert from Exact Convert from ExactConvert from VT Accounts Convert from VT AccountsConvert from Gnu Cash Convert from Gnu CashConvert from Pandle Convert from PandleConvert from Aqilla Convert from AqillaConvert from Accounts Portal Convert from Accounts PortalConvert from Xero Convert from XeroConvert from QuickFile Convert from QuickFileConvert from Wave Convert from WaveConvert 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

    • Zave

      Zave

      Convert historical data from almost any software to Zave

  • FAQ
    • 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 - Sage 50 to FreeAgent Conversion

Home FAQ - Sage 50 to FreeAgent
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1. What we Convert

  • Chart of Accounts
  • 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 are reconciled as it was done in Sage 50)
  • Credit Card Transactions
  • Invoices, Invoice Credit Notes and Invoice Payments
  • Bills, Bill Credit Notes and Bill Payments
  • Expenses
  • All Manual Journals
  • Inactive Contacts/Accounts can be brought over on special request
  • 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 Sage 50 data, however, due to the limitations of few fields which are different in Sage 50 and FreeAgent, we might have to use some workarounds to bring the transactions.

2. We Don't Convert

  • Budgets
  • Track Inventory
  • Classes / Job / Department
  • Purchase Orders and Sales Estimates
  • Fixed Asset
  • Memorized 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
  • Sales Rep
  • Customer Jobs
  • Attachments
  • Unreconciled Entry
  • 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

3. Workarounds

  • Chart of Accounts - Inactive Accounts, if used in Sage 50 in the conversion period are turned as Active Accounts in FreeAgent. Chart of Accounts will come over in the migration process but the Chart of Account code will change as per FreeAgent Range. The Chart of accounts is "mapped" to the FreeAgent nominal / category codes. For Fixed Assets, we use the default codes of FreeAgent and map it accordingly. For Salary Accounts, we use the default Salary account code of FreeAgent.
  • Opening Account Balances – Opening Trial Balance as on the conversion date is passed as a journal entry. The oldest open Account Receivable Invoice or open Account Payable Invoice date is used to set the FreeAgent Start date. The opening balance of Bank is passed as a Money In / Money Out entry in FreeAgent.
  • Open Aged Receivables – Open Sales Invoices are brought in single line reflecting the unpaid amount and coded to ‘Sales’ Account.
  • Open Aged Payables – Open Purchase Invoices are brought in single line reflecting the unpaid amount and coded to ‘Purchase Clearing’ Account.
  • Bank Transactions – Bank transactions which are coded to Assets/Liabilities/Equity in Sage 50 are passed through a ‘Clearing Account’ in FreeAgent and thereafter a journal entry is passed in FreeAgent between that Clearing Account and the Asset/Liability/Equity Account to which it was actually coded in Sage 50.
  • Invoices and Credit Notes – All sales invoices and credit notes are by default coded to ‘Sales’ Account in FreeAgent and thereafter a journal entry is passed in FreeAgent giving effect between ‘Sales’ Account and all other revenue accounts originally coded in Sage 50 for that Sales Invoice. We bring Sales Invoices and Credit notes in multiple line items. FreeAgent by default takes Tax Inclusive amount, hence all sales invoices and credit notes are created as Tax inclusive.  
  • Bills and Credit Notes – All purchase bills and credit notes are by default coded to ‘Purchase Clearing’ Account in FreeAgent and thereafter a journal entry is passed in FreeAgent giving effect between ‘Purchase Clearing’ Account and all other expense accounts originally coded in Sage 50 for that purchase bill or credit note. Also, there is no option to bring Items or Products in FreeAgent Bills and credit note. Also, Free Agent does not allow multiple line items in bills and credit notes, hence we condense multiple lines into single line bill or credit note.
  • For invoice payment and bill payment using codes other than bank, we will create a ‘Clearing Bank Account’, and make the payment in FreeAgent using that Clearing Bank Account, and pass a journal entry between that code which was originally used in Sage 50 for payment and Clearing Bank Account.
  • For invoice and bill overpayments, we use a combination of ‘Credit Note’ and ‘Receive Money’ to give the proper effect.
  • Custom Tax Rates/Tax Amounts are converted into Standard Tax Rates with "Tax Adjustment" passed through a journal entry between Sales Account and Tax Account for Sales Invoices and credit notes.
  • System Accounts like Retained Earnings, VAT control Account are used in FreeAgent for their counterpart accounts in Sage 50
  • Rounding can be different in Sage 50 and FreeAgent because of the data precision techniques used in both software.
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  • 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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