Account Migration

Created by Nadia Ismael, Modified on Thu, 14 Sep, 2023 at 3:30 PM by Nicola W

Easily Move Your Account Files

Important Terms to Know:

Transaction Date: This is the date when the transaction actually happened, and we'll note it as the last day of that week.
Posting Date: This is the day we officially record the transaction in our system.

Special Feature: Backdating

SmartCentral gives you the flexibility to backdate transactions. This is helpful in situations where a transaction takes place on one day but is recorded on another. You even have the option to set a specific date for the backdating.

Note: SmartCentral allows up to 4 weeks of backdating.

Be Careful with the "Locked Down Period"

This is a time frame that limits how far back you can date a transaction. If the reporting date isn't set correctly with this period in mind, your report might show changes you weren't expecting.

Pro Tip: For the most accurate reports, it's best not to run any reports within the locked down period.

How to Set Up Account Migration in SmartCentral

Setup the Payment options:

b. Edit Organisation page appears.

c. Scroll down to Software Provider and select the applicable provider from the dropdown (Supports MYOB (API/csv)/XERO).

d. Then click Save to save the changes.

2. Next, upload the account file to Smart Central:

On the top menu bar, click Extracts and click MYOB

b. Export page appears. Click Accounts.

c. Then, click Choose File to select a file from the local device

d. Then, click Import

3. Map the account:

Then, click Mappings

b. The mappings tab appears. Update each line of information provided. (Frequently information(Income/Receivable) will come from the bookkeeper. every account is mapped to something. For new misc key codes, update this mapping as well. When new session codes are added it is mapped to a generic account. Therefore better to map it to a more specific account

c. Then click Save to continue

4. Once the setup is complete, run the Trial balance report:

On the same page, click Trial Balance. Enter the Start date and End date

b. The export page appears. Then, enter Start and End date and click Update

Note: Setting up account immigration ( Supports MYOB (API/csv)/XERO