by Nathan Travers | Sep 4, 2024 | Xero Post-Conversion Tasks
FreeAgentCorporation Tax Calculations If you’re a company that converted from FreeAgent, the automatically posted journals relating to corporation tax won’t have been converted. The only one of these journals we do convert is where the year end has completed but the...
by Nathan Travers | May 9, 2024 | QuickBooks Online Limitations, Sage Accounting Limitations, Xero Limitations
Set your VAT /Tax number and details Tax is a tricky topic when converting data. Different software systems have very different approaches to tax. From calculating rounding differences differently to the way they record “late” invoices, the varied approaches make tax...
by Nathan Travers | May 9, 2024 | Complications, QuickBooks Online Limitations, Sage Accounting Limitations
Corporation Tax FreeAgent automatically creates entries for corporation tax that aren’t provided to us by FreeAgent. We’re investigating options to improve this but currently corporation tax is unlikely to be converted correctly. Smart User Payments If...
by Nathan Travers | Nov 22, 2023 | Limitations, Xero
Please understand that it is impossible to make an exact copy of your data in a different accounting system. There will be some information that we can’t convert and some information will look different when converted. Despite this, in most cases, the balances...
by Nathan Travers | Nov 22, 2023 | QuickBooks Online Limitations, Sage Accounting Limitations, Xero Limitations
We mention foreign currency in our limitations pages so this page will provide further details on how we approach foreign currency conversions. This page includes information relevant for conversions to all destination systems. Important information From QuickBooks...