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< News & Insights

Does Converting to Xero Worry You? - Ad Valorem

3 minutes

| September 18, 2018

Filter by: Cloud Accounting |

Insights

MTD will soon be upon us. Are you ready for April 2019?

Many people are afraid to move away from their existing accounting software; as they are satisfied and familiar with the usability of it. However, as MTD (Making Tax Digital) is soon to be upon us, it may be time for a change. If you want your business to operate quickly, smartly and much more efficiently, then Xero will be your answer. Xero is considered as the UK’s top leading cloud accountancy software systems currently on the market and with the help of our specialist cloud department (AV Cloud) and expertise, we will ensure you’ll have a clear and more desirable overview of your current financial position. It provides real-time information, accessible from anywhere and at any time.

So, how does the conversion work?

There are various ways of converting your accounting information onto Xero. ‘MoveMyBooks’ was purposely designed to transfer data efficiently and more at ease for those utilising either QuickBooks desktop/online and Sage50.

MoveMyBooks will allow us to follow an easy, step-by-step process of simply collecting your source data, adding a new account in Xero and then moving it all to your new online account. We will then wait for a confirmation email to come through and confirm the conversion has successfully been completed.

So, what will be converted?

The software will move the Chart of Accounts, Customer data, Supplier data and individual transactions for the current and previous accounting years. It will also transfer all the nominal/general ledgers as well as keeping all the customer and supplier balances identical.

On the other hand, if you have never used a software system to record all your workings on and have preferred to produce them manually onto Excel spreadsheets. Converting your data onto Xero is even easier. The process simply consists of downloading a CSV template, arranging all your information to correspond to the format of the template and then this will be imported onto Xero.

If you want to have a 30 day free trial run on Xero – click on the link and give it a go. click here

For more information about converting your accounting information onto this beautiful accounting software or to simply know the benefits of utilising Xero. Then, please feel free to contact us with no hesitation.

Our contact details are as follows:

01908 219100

enquiries@advaloremgroup.uk

For more information about AV Cloud click here

 

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2 Manor Farm Court, Old Wolverton Road,
Wolverton, Milton Keynes MK12 5NN
01908 219100
enquiries@advaloremgroup.uk
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