Xero to Quickbooks Conversion

Why to Choose Quickbooks over Xero?

No matter your business size, Quickbooks software is an ideal choice for many businesses. It has all the necessary tools to manage finances and invoicing.

Quickbooks also works well for small companies and freelancers, which can run it on their personal computers and modify financial data to meet specific needs.

Xero is more suitable for medium-sized businesses that require better software with more extensive features than basic ones.

Converting from Xero to QuickBooks Online with MMC Convert

MMC Convert’s team of professionals have been working on data conversion projects for over 5 years now and have successfully done thousands of these conversions in the past. We know how to do this right!

At MMC Convert we offer a full service solution for your Xero to Quickbooks accounting software data conversion project. With us you can rest assured that all your bookkeeping records will be converted correctly without any errors or omissions. Our skilled accountants are experienced with both Xero and Quickbooks / Quickbooks online so they can easily convert your books from one format into another seamlessly without any errors or missing information during the transition period between accounts systems. You can rely on our services as we guarantee 100% accurate conversion results every time at very affordable prices compared with other providers in the market today.

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 Xero)
Credit Card
Invoices and Credit Notes Detailed
Bills and Bill credit Detailed
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 Xero data, however, due to the limitations of few fields which are different in Xero and QBO, we might have to use some workarounds to bring the transactions.

What We Dont Convert

Budgets
Track Inventory
Classes / Job / Department
Purchase Orders and Sales Estimates
Fixed Asset
Expense Claims
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

Workarounds

Chart of Accounts - Inactive Accounts, if used in Xero in the conversion period are turned as Active Accounts in QBO
Custom Sales Tax Rates are converted into standard Sales Tax Rate with "Tax Adjustment" entry as a separate line item in QBO
System Accounts like Retained Earnings, VAT control Account are used in QBO for their counterpart accounts in Xero
We bring inventory details like name, code, description, sales account, purchase account, sales price, purchase price etc. Since we don’t do tracked inventory, as part of the migration, we import all the items as "non-inventory" type in QBO and after the completion of the migration, you need to manually change the type from 'Non-Inventory' to 'Inventory' and add the quantity on hand manually for each item
Rounding can be different in QBO and Xero because of the data precision techniques used in both software.
In Purchase Bills - we don’t bring items or products in QBO.
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 Reference number:- QBO have limitations of 20 characters for Reference number thus for the reference numbers more than 20 characters we have to trim them to 20 characters.