Learn how to effectively handle historical financial data when migrating from Sage to Xero, including what to bring over and what to archive.

When preparing for a Sage to Xero migration, one of the most important steps is reviewing your chart of accounts.

1. Start by having a quick look at your chart of accounts to see if you can identify unused or redundant accounts.
2. Next, consider how your account structure will translate to Xero’s environment. Xero has a different approach to account structures in some areas such as grouping, bank accounts, inventory and fixed assets.
3. Consider consolidating similar accounts and creating a more streamlined structure that will be easier to manage going forward.