Setting your conversion date

The conversion date (or start date) is the date you've chosen to start entering your day-to-day transactions into Xero. If you update your conversion date, you might also need to update your conversion balances and historical transactions.

If your conversion balances are locked, only users with the Adviser user role can update the conversion date.

Conversion date

About your conversion date

The conversion date is usually the date you start using Xero. The only transactions you should enter in Xero dated before this date are invoices and bills that were unpaid when you converted.

Your conversion date is always the 1st of a month. January 2006 is the earliest date you can use.

If you’re coming from another accounting system, it's important the conversion date follows from when you balanced all your accounts in your previous system. If you’re entering balances from your trial balance, make sure you’ve run this report to the day before you want to start using Xero.

If you’ve already entered conversion balances and need to change the conversion date, you’ll need to confirm the balances and make any changes that are needed. For example, entering, editing or deleting conversion invoices or bills.

Talk to your accountant or bookkeeper if you’re unsure about changing the conversion date. Here are some tips for choosing a conversion date.

Set or change your conversion date

  1. In the Settings menu, select General Settings.
  2. Under Organisation, select Conversion Balances.
  3. Click Conversion Date.
  4. Select the month and year you'd like to start entering transactions from.
  5. Click Save.

You'll need to review and confirm your conversion balances next.