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Xero Setup & Conversion

Business transition to Xero accounting software

Xero – the right choice for your business

Xero is a game-changer for businesses seeking greater efficiency and profitability.

At Minnik Chartered Accountants, we simplify the transition to Xero with expert training and ongoing support, ensuring your business moves to Xero with absolute accuracy and minimal disruption.

Let us help you unlock the full potential of Xero for your business.

Embracing Xero

Migrating to Xero isn’t just about adopting new software—it’s an opportunity to streamline your processes, enhance financial visibility, and fuel growth.

We guide you through every step of the transition, ensuring you and your team are equipped with the knowledge and resources to fully leverage Xero’s powerful features.

Make the move to Xero today. We guarantee you won’t look back.

Chartered Accountants of Australia & New Zealand

How businesses show enhanced results after converting to Xero

Leah Oliver CA BB Acc Fin

Xero Setup & Conversion

The 4 Step Process

STEP 1

Data Preparation

A review is conducted on your existing accounting file, identifying areas that require correction. We work closely with you to rectify.

Once the data is clean reconciliations are run on the books, preferably financial year end. This date is then the conversion date.

Data and reports are extracted from the file in preparation for Xero conversion. Your accounting file is backed up, and remains active until financial year end work is completed.

STEP 2

Xero Setup

Once your financial data is prepared ready for conversion, we setup your new Xero file. It is essential that this step is handled by the experts.

Proper setup of your Xero file means you’re getting off to the right start with respect to reliable financials, and ongoing efficiency.

Organisation settings are updated, the chart of accounts is customised, banking, payroll and inventory are setup, and finally invoicing and financial reporting templates arranged.

STEP 3

Xero Conversion

The conversion is run in stages, with the highest priority tasks undertaken first. This includes migration of accounts receivable and payroll.

The next stage is to address banking and accounts payable. The goal is to keep business as usual going without disruption.

Finally we run reconciliations and review the file for accuracy. Financial reports are drafted to ensure the data is identically replicated from your previous accounting file.

STEP 4

Xero Train

On completion of the conversion, you have a brand new Xero file clean and accurate. Systems are ready for you and your team to be trained in Xero.

The initial focus of training is the sales function, and payroll. Thereafter supplier management, banking and financial reporting.

We recommend that all relevant team members attend the training, ensuring everyone is aligned to maintain accurate records and maximise the potential of your Xero file moving forward.

Why work with us?

At Minnik Chartered Accountants, we are Xero Certified Advisors, committed to making your Xero Setup & Conversion stress-free, efficient, and transformative for you and your business. We understand the complexities of transitioning to a new accounting system, and our expertise ensures an accurate, successful migration without disrupting your day-to-day operations.

By understanding your business and its needs, we set up your Xero file to align with both Accounting Standards and your business goals, ensuring you get off to the best start with Xero.

Are you ready to make the move to Xero?

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