Cashflow Manager to Xero Conversion

Includes:

• Setup Xero account & settings
• Cashflow Chart of Accounts
• Xero report codes & tax codes matched
• Conversion balances
• Transaction history for the year to date
• Invoices, bills, bank transactions & journals
• Contacts
• Items
• Bank feed gap period imported

Additional options:

• Employee & payroll $25 p/employee (min. $100)
• Multi-currency $77
• Custom chart of accounts $120
• Additional years of transaction history $165 p/year
• Detailed opening sales/bills from min. $165
• Credit allocations from $2 p/entry (min. $25)
• Attachments on invoices/bills from $220 /500 attachments
• Supplier bank details in contacts $210 / 1000 contacts
• Xero training & support +$120 p/hour

How it works

Cashflow Manager software is a small business cashbook alternative from MYOB and Reckon which was recommended by Tax Accountants to clients who had simple bookkeeping requirements and little needed for more advanced functionality. Cashflow Manager has limited data exporting capability which means the conversion process is much more manual than MYOB AR or Reckon software conversions however despite these challenges we now have a full transaction history conversions service available.

Finally you can convert from Cashflow Manager to Xero and retain all your sales, bills, journals and bank data history you have stored in Cashflow Manager.

Most Cashflow Manager conversions will take 5 business days or less to complete depending on what options are selected and the number of transactions/records to convert. Once the conversion is completed we can transfer the Xero subscription to you for instant access or manage your subscription for you at no additional cost.  We can even secure discounts on your Xero subscription of up to 50% depending on what promotions are available at the time of conversion.

Now that all your transaction history can be captured year to date or even for previous years there is no need to delay the conversion until the year or quarter end. Take advantage of the time saving features, additional functionality and access to the massive add-on solutions marketplace on offer with Xero without further delay!

Please note:

• Chart of accounts – Cashflow Manager GL codes and names are imported and best matched to Xero report and tax codes. There will be a few Xero system accounts created.
• Open Receivable and Payable invoices imported at the conversion date e.g. 30 June 2018, shall contain only single line showing the unpaid balance of invoice in Xero and with dummy GL accounts, however all similar transactions thereafter will be imported with correct details.
• Multiple accounts receivable and payable control accounts will be merged to a single account for each.
• Multiple GST control accounts will be merged to a single GST account.
• Custom sales tax rates are converted into default Xero tax rates with “Tax Adjustment” entry as separate line item in Xero.
• Temporary clearing accounts are used to pass through receivables, payables, bank transactions and inter bank transfers.
• There maybe some rounding differences due to the way the systems calculate GST.
• Transactions without contact name in Cashflow Manager will be transferred as “No Name” contact in Xero.
• Freight, commission, discount in Cashflow Manager invoices and bills are transferred as separate line items in Xero invoices and bills.
• There are specific workarounds and often extra charges for Multi-Currency which we will notify you of.
• Inactive Accounts and contacts if used in Cashflow Manager in the conversion period are turned into active accounts or contacts in Xero.
• We take every effort to provide the exact data in your Cashflow Manager transactions, however due to the limitations of few fields which are different in Cashflow Manager and Xero we might have to use some workarounds to bring the transactions in.