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 | Nov 22, 2023 | Xero Post-Conversion Tasks
If you set default VAT/tax codes in the chart of accounts or on contacts etc. then we likely won’t have converted these. You may wish to amend the individual contacts or chart of accounts to indicate your preferred default tax rate. Xero Central has more...
by Nathan Travers | Nov 22, 2023 | Xero Post-Conversion Tasks
Clean up VAT/tax We do not set your VAT/tax number and return periods although we do convert your tax transactions. This is something that you will want to set immediately. Go to Accounting > Advanced> Financial Settings You can now set your VAT/tax...
by Nathan Travers | Nov 22, 2023 | Xero Post-Conversion Tasks
Allocate invoices or bills to credit notes If we’ve applied workarounds there could be invoices or bills that were paid and allocated in the source system that we haven’t been able to convert as allocated in Xero. The payment should have been converted so...
by Nathan Travers | Nov 22, 2023 | Xero Post-Conversion Tasks
Tidy foreign currency (if applicable) The recommendations below may not always be required or optimal for your user case. Please read them carefully and consider if they are relevant to you before attempting to apply them. All bank accounts will be in base currency...
