Why Most Small Business Xero Files Are a Mess
Most small businesses set up Xero themselves — or had it set up by someone who "knew a bit about it." The result is usually the same: a chart of accounts that doesn't match the business, bank feeds that have never been reconciled, GST codes applied incorrectly, and a P&L report that means nothing.
A correctly configured Xero file changes everything. Your numbers are accurate, your BAS is clean, and your accountant doesn't spend three hours fixing problems at year end.
What Our Xero Setup Includes
- Chart of accounts configuration — built for your specific industry (trades, allied health, consulting)
- Bank feed connection — all accounts and credit cards connected and reconciling
- GST setup — correct tax codes applied to all accounts from day one
- Invoicing templates — branded, professional, with correct GST treatment
- Payroll configuration — if you have employees, set up for STP compliance
- Xero rules & bank rules — recurring transactions coded automatically
- Software integrations — connecting practice management software, job management tools, or e-commerce platforms
- Opening balances — historical data correctly entered so reports are meaningful
- Team training — 30-minute walkthrough so you know how to use it
Migrating from MYOB or QuickBooks to Xero
MYOB is common across Victoria, particularly in older trades and professional services businesses. If you've been using MYOB and want to move to Xero — or if your accountant has recommended Xero — True Tally handles the migration from start to finish.
What we migrate
- Chart of accounts
- Contacts (customers & suppliers)
- Opening balances
- Transaction history (where applicable)
- Payroll employee records
What you get
- A clean Xero file from day one
- No data loss
- Continuity of reporting history
- Bank feeds connected immediately
- Full walkthrough on how to use Xero
Frequently Asked Questions — Xero Setup
How much does Xero cost for a small business in Australia?
Xero plans in Australia: Starter $35/month (limited transactions), Standard $70/month (unlimited invoices and bills), Premium $115/month (multi-currency). A Xero certified advisor can help you select the right plan and ensure you're not paying for features you don't need.
How long does Xero setup take?
A basic setup takes 2–4 hours. A complete setup for a trades or allied health business with payroll, software integrations, and opening balances takes 4–8 hours. Once set up correctly by a certified advisor, Xero runs with minimal maintenance.
Can I migrate from MYOB to Xero?
Yes. True Tally migrates from MYOB AccountRight, MYOB Essentials, and QuickBooks Online to Xero — including your chart of accounts, opening balances, contacts, and transaction history. Migration typically takes 1–2 weeks.
What is a Xero certified advisor?
A bookkeeper or accountant who has completed Xero's official certification and demonstrated proficiency in setting up and managing Xero. Certification requires ongoing education as Xero updates. True Tally is a Xero certified advisor.
Let's Get Your Xero Working Properly
Book a free 20-minute call. We'll assess your current Xero setup and tell you exactly what needs to happen.
Book My Free Call