Move to a New Bookkeeping System
I’ve often been asked, “When is the best time to move to a new bookkeeping system?” Unfortunately, there is no one “right” answer. Why would you move anyway? The best reason at this stage is to have your accounting online as there are many advantages to this.
The best time is at Financial Year end (usually 30 June) but its also very possible to move to a new bookkeeping system at the end of any Month or Quarter.
Calculation — Image by © Royalty-Free/Corbis
Maurie from Bendigo Bookkeeping (BB) has over 20 years business and accounting experience to help you make the right choice and transfer from one bookkeeeping system to another. We can easily move you onto another system at any time of the year.
Bendigo Bookkeeping has templates and checklists to ensure the process not only runs smoothly, but also covers off all the many tasks.
If your are going to move to a new bookkeeping system like Xero, MYOB Essentials or QuickBooks Online we include the following in our setup:
- Organisation Settings
- Tracking
- Conversion / Opening Balances
- Balance Sheet Template
- Tax rates
- Chart of Accounts
- Financial Settings
- Users
- Invoice Settings
- Inv Template
- Payroll Settings
- Payroll Items
- Payruns
- Email Settings
- Profit / Loss
The process can be sped up considerably if there are CSV files available for
- Contacts ie Creditors/Debtors
- Chart of Accounts
- Employee Payroll Info
- Inventory
- Bank entries
- etc
We apply the same principles in setting up MYOB AccountRight or AccountEdge (Mac) or Quickbooks.
Contact Maurie on 0418573667 or email maurie@bendigobookkeeping.com.au at Bendigo Bookkeeping.
