Everyone has heard the phrase “you can’t run, before you can walk.” For accounting firms, this statement has never been truer. At Tipu Resourcing, we show you how to put effective systems and processes into place before you start outsourcing. Then and only then will you succeed. Once your firm is ready to take the next step, we provide offshore accountants highly trained in New Zealand and Australian tax laws and introduce them directly to you.
We’ve heard too many stories about busy firms like yours using a software solution to convert their ledgers only to find balances and report codes don’t align. And, what they thought they were getting actually meant THEY had to tweak the final product. We work with you to accurately convert your ledgers to save you time.
All MYOB versions, CCH, APS, Sage, you name it.
Automation and AI are trying to pattern match your ledger data and often don’t get it right. We match your P&L, Balance Sheet and Trial Balance with the source software so we know it’s correct. And if we can match it, we’ll ask YOU for guidance. Real people do that.
Xero GL Conversion Scope
The Xero conversion work described below has been agreed with your Xero Executive and may be funded by Xero (see your Xero representative for further details). This work constitutes the scope of our engagement and includes:
Any work outside of the agreed scope may not be funded by Xero and pricing as follows:
Additional Services
Any work outside of the agreed scope may not be funded by Xero, and pricing is as follows:
☐ Standard conversion with Alignment Journal add $25
☐ Financial Statement Setup
☐ Additional Comparatives – $25
☐ Change to Chart of Accounts – $50
☐ Add additional years of transactional data – $50 per year
Payroll, Payables, Receivables, and Contact data
☐ Import of Employee and Payroll – $20 per employee
☐ Import of bills and invoices, per block of 100 -$25
☐ Import of Contacts – $30
*We can extract the data from your existing software for an additional fee. This would require the necessary access to your current system
Additional Services
Any work outside of the agreed scope may not be funded by Xero, and pricing is as follows:
☐ Standard conversion with Alignment Journal add $25
☐ Financial Statement Setup
☐ Additional Comparatives – $25
☐ Change to Chart of Accounts – $50
☐ Add additional years of transactional data – $50 per year
Payroll, Payables, Receivables, and Contact data
☐ Import of Employee and Payroll – $20 per employee
☐ Import of bills and invoices, per block of 100 -$25
☐ Import of Contacts – $30
*We can extract the data from your existing software for an additional fee. This would require the necessary access to your current system
Additional Services
Any work outside of the agreed scope may not be funded by Xero, and pricing is as follows:
☐ Standard conversion with Alignment Journal add $25
☐ Financial Statement Setup
☐ Additional Comparatives – $25
☐ Change to Chart of Accounts – $50
☐ Add additional years of transactional data – $50 per year
Payroll, Payables, Receivables, and Contact data
☐ Import of Employee and Payroll – $20 per employee
☐ Import of bills and invoices, per block of 100 -$25
☐ Import of Contacts – $30
*We can extract the data from your existing software for an additional fee. This would require the necessary access to your current system
New Zealand clients: Standard Ledger, Transactional Ledger, and Compliance/Business Ledger conversions are FREE*.
Australian clients: The same services are offered; however, they are not free and are charged in AUD.
Additional services or customised services are priced and invoiced in the client’s local currency.
We provide high-quality conversions to meet the needs of your business.
From invoices to fixed assets, we'll put it all into Xero to get it up and running.
We work with the best minds in India, trained in NZ and Australian taxation.
With decades of experience under our belt, we’ve developed systems that increase productivity and improve efficiency.
We are highly experienced in Xero conversions and we're ready to do more.
We work with firms across New Zealand and Australia to deliver an industry leading service.
NZ-based contacts and our expert Tipu India accounting team guide you from start to finish.
Standard NZ client conversions covered by Xero; extra services billed separately.
In accounting software, a conversion is the process of moving your financial data from one system to another, so you can start using a new system (like Xero) without losing your historical data.
Think of it like moving house: all your furniture, appliances, and important documents need to be packed, transported, and set up correctly in the new home so everything works as it should.
The main reasons are:
Anytime! Of course, in the nature of accountancy, things slow down at the end of the calendar year. For us, this is a great time to be focusing on conversions. Ultimately, though, the best time to do conversions is when your firm is ready to turn it over. Just send it to us and we’ll get the job done.
Sometimes firms like to have a go at doing things themselves and we get it. The problem is that doing it yourself comes at a high price tag. The operations team of any accounting firm is the engine room. The engine room generates cash through chargeable work. If you choose to do conversions, you cannot charge that time to your clients.
At Tipu Resourcing, we advise firms to leave the non-chargeable stuff to us. We offer competitive rates and we’ll get the work done quickly. You can’t get better than that.
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