To determine if your existing Xero account can be used for the migration, you need to verify the presence of conversion balances.
Follow these steps:
1. Access Conversion Balances in Xero:
Log into your Xero account.
Navigate to Accounting > Advanced > Conversion Balances.
2. Evaluate Conversion Balances:
a. Check if conversion balances have been entered in the Xero account.
3. Determine Usability for NetSuite Migration:
NO CONVERSION BALANCES:
If no conversion balances are present the existing Xero account can be prepared for the migration.
Next Steps:
- Proceed to transfer ownership of your Xero account to LNA. Instructions here.
- Refer to Section 2: Prepare Xero Account for Migration
CONVERSION BALANCES ARE PRESENT
a) Migration NetSuite Financials required: The existing Xero account cannot be used and a new Xero account will need to be used. This is because the migration process utilises the Conversion Balance feature, and Xero only allows one conversion balance. Importing NetSuite balances will delete the prior conversion balances.
Next Steps:
- Refer to Section 3: New Xero Account Required for next steps.
b) No migration of NetSuite financial to Xero: The existing Xero account can be prepared for the migration.
Next Steps:
- Refer to Section 2: Prepare Xero Account for Migration
Nominated to migrate NetSuite financials to xero
What is migrated to Xero as your financial snapshot as at your books balanced date?
- Trial Balance
- Open AR Invoices
- Open AP invoices
What is migrated into Xero as at 5pm the night before go-live?
- Invoices created between your convesion date up to 5pm the night before your go-live date
- Note: Sales Orders are not migrated
- Note: Bills will not be migrated to Xero. Refer to After Go Live | Reconstruct & Reconcile transactions in Xero
Nominated NOT to migrate NetSuite financials to Xero
We will not import any financials. This includes no invoices, bills, gift cards and purchase orders.