Many firms know that AdvanceTrack help drive efficiency into theirs and their client firms’ process. We also help clients move to the cloud. We are a migration partner for Xero as Xero Partner firms want to move their client to Xero at scale.

One of our long-standing clients, MHA Carpenter Box recently approached us as they had two large companies to move from Sage onto Xero. Whilst there are tools that help “standard” clients move to the cloud, these companies were international in their nature.

The biggest challenge that both the end client and MHA Carpenter Box faced, was the need to move a large volume of transactions across multiple years. The most complex part of the migration was dealing with foreign transactions. These were not just bank transactions, but purchases and sales with the exchange differences needing to be allocated correctly in line with the financial statements.

Across the 2 entities that needed moving across, there were 1000’s of transaction lines that needed migrating across and reconciled.

Our Xero trained teams were given access to the data before starting work. They agreed a plan to move the data using technology and their knowledge of using Xero effectively.

Once the data had been moved from Sage into Xero, our teams carefully reviewed the data and ensured that the client data had been transferred effectively and accurately. With trained accountants and bookkeepers overseeing the process, the migration was delivered cost-effectively and accurately.

Clean, quality data which the client and firm will benefit from in the future as the reports will be meaningful with cloud tools that can now be connected using Xero.

Client feedback

There are great tools like MoveMyBooks to move client data to the cloud. Where there are complexities such as Foreign Currency, we’d certainly use AdvanceTrack again to help us transfer the data.

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