Switch from Xero to FiscalInsights
Migrate from Xero with our guided import process. Your data stays intact.
Why Switch from Xero?
- ✓US-focused features
- ✓Simpler pricing
- ✓AI categorization
- ✓Faster support
Quick Migration Steps
- 1.Export Xero data
- 2.Create account
- 3.Upload export files
- 4.Connect banks
- 5.Verify data
Migration Guide
Xero is a well-built platform with excellent bank feeds and unlimited user access, making it popular among growing businesses and their accountants. However, Xero's pricing can add up with paid add-ons for features like Hubdoc receipt scanning and multi-currency, and the lack of AI automation means you're still doing manual categorization and reconciliation every month.
Migrating from Xero to FiscalInsights is straightforward because both platforms use similar accounting concepts. Your chart of accounts maps over cleanly, tracking categories translate to FiscalInsights tags, and contact records transfer with their balances. The guided import process walks you through each step so nothing gets lost in translation.
For US-based businesses, FiscalInsights offers significant advantages over Xero: built-in quarterly tax estimation, IRS category mapping, 1099 preparation, and Schedule C reporting are all included without add-ons. The AI categorization replaces hours of monthly bank reconciliation work, and the cash flow forecasting provides financial visibility that Xero only offers through third-party apps.
Step-by-Step Instructions
Export Xero data
In Xero, go to Accounting > Reports and export your Trial Balance, General Ledger, and Aged Receivables/Payables. Additionally, go to Contacts and export your customer and vendor lists. For transaction history, use the Account Transactions report filtered to "All time" and export as CSV.
Create account
Sign up at fiscalinsights.com and select "Migrating from Xero" in the onboarding flow. This configures the import tool to understand Xero's specific data formats, account types, and tax code structures.
Upload export files
In the Migration Center, upload your Xero export files. The importer maps Xero's chart of accounts (including tracking categories) to FiscalInsights categories. Bank accounts, revenue accounts, expense categories, and liability accounts are all mapped automatically with manual override available.
Connect banks
Set up bank feeds through Settings > Bank Connections. If you were using Xero's bank feeds, the same banks connect through FiscalInsights via Plaid. Transactions will start importing from the connection date—any gap between your Xero export and the bank connection date is filled automatically.
Verify data
Run a Trial Balance in FiscalInsights and compare it to your Xero Trial Balance to verify opening balances match. Check a few recent transactions to confirm categories mapped correctly. The AI starts learning your categorization patterns immediately from the imported data.