Moving from Xero to JuanTax: Things to Consider

Below are some things to remember before migrating transactions from Xero to JuanTax

Maui Banag avatar
Written by Maui Banag
Updated over a week ago

Key features to remember:

1. Tax Rates - Because Xero is not based on Philippine tax processes, Xero organizations only have 4 preloaded tax rates. This means you must add VAT rates that follow the Philippine VAT process to your Xero account; adding these tax rates will make conversion easier.

You can use this link to learn about all of the tax rates that can be added to your Xero account.

*Preloaded tax rates in Xero

2. Expanded Withholding Codes - Xero does not support expanded withholding codes. This means that you must display this computation whenever you add a transaction in Xero.

You can use this link to learn about all of the current withholding codes and rates.

3. Tax Identification Number - In the Philippines, TIN is crucial in the taxation process. It is used to generate attachments for VAT and EWT forms.

TIN does not appear on reports in Xero, but it can be added by editing any contact. One workaround is to enter TIN in the Contact Account Number field rather than the Tax ID Number. The Contact Account Number is used for bank accounts, however, by entering TIN in this field, it will appear on some reports that can help in migrating data over to JuanTax.

*Xero Contacts

4. Chart of Accounts - Users can utilize the pre-loaded COA in both Xero and JuanTax. The difference is that JuanTax COA is patterned after the Philippine Annual Income Tax Return. Before migrating, double-check that both COAs are aligned and migrate accounts in bulk to JuanTax.

*JuanTax COA patterned to BIR AITR fields

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