Cloud-Based Accounting System Offers Free Data Conversion from QuickBooks

SAN FRANCISCO – Online accounting software maker Xero has announced a new conversion service for QuickBooks users that gives them a free way to convert QuickBooks data directly into the Xero cloud accounting solution. The service makes it easier for many small businesses and accounting professionals to try the program, which received 5-stars in the latest review by CPA Practice Advisor.

A service long in demand, Xero’s QuickBooks Conversion platform helps businesses solve the hurdle of migrating data. The service will be demonstrated nationally during an upcoming roadshow, beginning October 21 in Baltimore and spanning 20 cities over the next month. For more details on when Xero will be in your town, visit www.xero.com/us/roadshow.

“Any small business accountant will tell you that converting accounting platforms can be a nightmare. For years, my clients have felt trapped in their current solutions,” said Blake Oliver, CEO, Cloudsourced Accounting. “With Xero’s QuickBooks Conversion, [clients can] now move at breakneck speed and by migrating QuickBooks data into Xero’s cloud-based accounting software, we can now access and understand their full financial data whenever and wherever.”

Xero’s QuickBooks Conversion Service is an industry first. According to a recent Forbes article, “No one’s figured out migration … none of these vendors have really come up with a seamless way to migrate data from your old system…”. Xero claims to have cracked this code, as the conversion transfers nearly every component of a small business’ financial landscape directly into the Xero platform, including chart of accounts, contacts, inventory items and transaction history such as invoices, payments and more.

“We created our QuickBooks Conversion Service in response to strong industry demand. With this service, we’re removing the last barrier for small businesses and their accounting partners to realize the power of the cloud in building a strong financial foundation,” said Jamie Sutherland, president, Xero U.S. “We’re thrilled to make this long awaited industry demand a reality and spread the news to small businesses and accounting professionals across the U.S. during our national road show.”