Convert from QuickBooks to Xero
                     Convert from 
QuickBooks to Xero
If you are looking to migrate from QuickBooks, we can 
help! Here is what it entails:
-The first step is reviewing your business data and 
making sure that everything lines up correctly in Xero. 
We make certain adjustments for any errors or 
discrepancies before migrating anything over so as not 
create more problems than necessary (e..g., double 
payments). 
We also verify whether there are unpaid invoices 
outstanding on credit cards since these will need 
address immediately upon completing this process if 
they exist at all--we do not want anyone getting left 
hanging. 
The conversion process is a fragile process. If you are 
not an experienced bookkeeper, it is easy can create a 
significant mess of your business accounts. It is best to 
use this opportunity to have an experienced 
professional support you during this time, so you get off 
on the right foot - and get trained in every part of Xero 
that is relevant to your business. 
QBO Preparation Checklist
The cleaner your file – the smoother your conversion to 
Xero. The following QBO file types can easily be 
migrated to Xero, along with two years of transaction 
history, which is helpful for prior year analysis:
AccountRight Live
AccountRight Enterprise depending on how it has been 
used (AU only)
All other AccountRight versions
AccountEdge
WE DO NOT CONVERT:
QBO Online
If you are currently using one of these versions of QBO, 
then we would encourage you to wait until the end of 
your financial year, and then we will import the 
opening balances for all your accounts. To access 
history, you will need to use your QBO (which turns to 
"read only" when you cease your subscription).
What NOT to do prior to having iKeep convert your 
QBO file to Xero:
Do not start a Xero subscription. We will create a new 
Xero subscription for you. If you have already started a 
Xero subscription you can now close it.
DO NOT ROLL YOUR QBO FILE. If you have already 
rolled your QBO file DO NOT ATTEMPT TO ROLL BACK 
AGAIN.
Do NOT change any account types in QBO prior to 
conversion.
Important File Preparation:
ATTENTION: Please note if the Important File 
Preparation is not completed prior to upload additional 
charges may apply. If you are not comfortable 
processing the above steps, we have approved trainers 
who regularly process conversion and can handle this 
process for you.
Check what data will and will not convert against your 
specific needs
Ensure QBO is set to the correct GST accounting basis 
(cash or accrual) [Go to Set up, company information, 
BAS information].
Check how your bank accounts and credit cards are set 
up in QBO.
*WARNING: Some banks require credit cards to be set 
up as bank accounts in Xero to connect bank feeds.
Reconcile Accounts Receivable/Accounts Payable - 
review the AR/AP detailed reports and ensure all 
invoices/bills and credit notes are current. Apply all 
credit notes unless current.
Ensure that Accounts Receivable, Accounts Payable and 
GST accounts do not have Account type as Bank 
Account.
Optional File Preparation:
The following steps are not essential, but if you can 
complete them, it will ensure that you have the best 
possible conversion experience
Check that the balances in all reconciled bank accounts 
and credit cards match the bank statements as of the 
last reconciliation date.
Confirm that the Accounts Receivable/Accounts Payable 
reconciliation report balance matches the balance in 
the General Ledger.
Check how non-standard tax codes are treated.
Ensure all clearing accounts are reconciled to NIL.
Ensure all bank transactions you want converted are 
coded.
Run a verification of the QBO file (File > Verify Company 
File). If errors occur, we can fix these for you under our 
Accelerate Package.
Check that all employees have an accurate USI/SPIN
Pay Superannuation to date through the QBO file (if 
applicable)
Next steps
Create a backup of the QBO file
Upload the backup to us