Jet Convert vs MMC Convert
What each conversion service moves into Xero or MYOB, what it costs, and what is still left to do afterwards.
Jet Convert or MMC Convert: The Short Answer
Jet Convert and MMC Convert are the two big accounting file-conversion services in Australia. Jet Convert moves MYOB, Reckon and QuickBooks files into Xero only, and for an eligible file the standard conversion costs nothing because Xero subsidises it. MMC Convert moves data into Xero, MYOB Business and several other systems, from almost any accounting software, and it is the service MYOB points switchers to. If your business has one company file, one currency and not much connected to it, either tool will do the job well and cheaply. Use it.
Where things get harder is everything a conversion doesn't touch: a second or third entity, the job management or inventory system that posts into your accounts, the way jobs map to tracking, the reports you run each month, and proving the new file matches the old one. That is the part this page is really about, and it is where Kenomont helps: before and after the tool, not instead of it.
Prices and limits below come from Jet Convert's and MMC Convert's own websites and help pages, and from MYOB's and Xero's own listings, as at October 2026. They change, so check the vendor's site before you book.
Which One Suits You?
- Moving MYOB, Reckon or QuickBooks to Xero: start with Jet Convert. The Standard package is $0 for eligible conversions and covers the current and previous financial year.
- Moving Xero, QuickBooks or Reckon to MYOB Business: MMC Convert. MYOB covers the cost of the current and previous financial years.
- Coming from less common software (Sage, Wave and others): MMC Convert, which converts from almost any accounting software.
- Multi-currency MYOB or Reckon file going to Xero: Jet Convert won't take it. MMC Convert sells multi-currency as an add-on, or the conversion can be scripted.
- More than one entity, or systems feeding the accounts: use the tool for the data, and plan the rest separately. See what conversion doesn't cover.
Jet Convert vs MMC Convert, Side by Side
Prices in AUD as published by each vendor, as at October 2026.
| Jet Convert | MMC Convert | |
|---|---|---|
| Converts into | Xero only | Xero, MYOB Business, QuickBooks Online, Reckon and several other systems |
| Converts from | MYOB (AU/NZ), Reckon (AU), QuickBooks Online (AU), plus US QuickBooks | Almost any accounting software, including MYOB, Xero, QuickBooks, Reckon and Sage |
| Starting price (as at October 2026) | $0 Standard (normally $250, subsidised by Xero for eligible conversions) | From $99 AUD (Basic, from MYOB, QuickBooks Online, Reckon or Xero); into MYOB Business, MYOB covers the current and previous year |
| History included | Standard: current and previous financial year. Accelerate ($470): current plus three previous years | Depends on package; extra years $85 or $150 per year depending on the source software |
| Extra years | $150 per year | $85 per year (main systems) or $150 per year (other software) |
| Multi-currency | MYOB and Reckon files with multi-currency or multi-location are not converted | Available as a paid add-on (for moves into Xero) |
| Payroll | Payroll setup and year-to-date balances converted; past pay runs arrive as journals or paid bills | Payroll and employee setup are paid add-ons; into MYOB Business, payroll comes across as general journals |
| Jobs / tracking | Up to 100 jobs/classes on Standard, up to 500 on Accelerate | Tracking categories included in its Xero conversions |
| Turnaround | 20 minutes to 3-5 business days | Within ten business days for moves into MYOB Business (per MYOB) |
Jet Convert: Into Xero Only
Jet Convert converts MYOB (Australia and New Zealand), Reckon and QuickBooks Online files into Xero. You upload the file and it does the rest. As at October 2026 its Australian pricing is:
- Standard, $0 (normally $250, subsidised by Xero): current and previous financial year, chart of accounts, contacts, items, up to 100 jobs/classes, payroll for up to 50 employees.
- Accelerate, $470 (normally $720): current plus three previous years, monthly comparatives, payroll for up to 200 employees and up to 500 jobs/classes.
- Custom, from $470: choose payroll and jobs/classes options. Extra years are $150 each.
What Jet Convert says it can't convert, or only part-converts
- Multi-currency or multi-location MYOB and Reckon files
- MYOB files with negative inventory, or using WET/WEG tax settings
- Old MYOB Essentials, MYOB Advanced, EXO, Greentree and Accountants Enterprise
- AccountRight Enterprise only "depending on how it has been used"
- Older .MYO desktop files: history is limited to the financial years still open
- PDF attachments, employer expenses, payslips and timesheets
- Files over 800MB need a custom conversion
Payroll: employee setup, leave, pay templates and year-to-date balances come across, but past pay runs arrive as manual journals or paid bills, not as Xero pay runs. If the file isn't prepared to their checklist first, a reconversion charge may apply.
MMC Convert: Into Xero, MYOB and More
MMC Convert converts from almost any accounting software into Xero, MYOB Business, QuickBooks Online, Reckon and several other systems. It has an Australian office in Carnegie, Victoria. As at October 2026 its published prices are:
- From MYOB, QuickBooks Online, Reckon or Xero: Basic $99 or Full Transactional $189, plus $85 per extra year.
- From other software: Basic $399 or Full Transactional $549, plus $150 per extra year.
- Into MYOB Business: MYOB covers the current and previous financial years for subscribers; extra years are charged. MYOB says you will be running within ten business days.
What MMC Convert excludes or charges extra for
- Budgets, expense claims and projects
- Memorised transactions, payment terms and invoice templates
- Timesheets, deleted transactions and individual pay runs
- Multi-currency, payroll, fixed asset register, quotes and purchase orders: paid add-ons
- Into MYOB Business: payroll arrives as general journals, and anything entered after the migration date has to be keyed in by hand
Its Xero conversions include the chart of accounts, contacts, inventory items, opening balances, aged receivables and payables, bank transactions, tracking categories, invoices, bills and manual journals.
If Your File Is Simple, Just Use Jet Convert or MMC Convert
Most small businesses don't need a consultant to change accounting software. If the points below describe you, book the conversion with whichever tool goes where you are going, follow its preparation checklist, and have your bookkeeper or accountant check the trial balance afterwards:
- One company file, one entity, one currency
- Nothing much posts into the accounts apart from bank feeds and perhaps a payment app
- Two or three years of history is plenty
- Standard reports are enough, with no custom management reports built off the old system
- The file is tidy: clearing accounts at nil, no negative stock, bank transactions coded
Paying anyone to re-do work these tools already do well is a waste of money. Where we come in is the business that ticks fewer of those boxes: several entities, several systems around the accounts, and an owner who needs the numbers to line up on day one.
What Conversion Doesn't Cover
Jet Convert and MMC Convert move the data in your accounting file. They don't set up the business around it. For a business of 10 to 200 staff, these are usually the parts that take the time.
More than one entity
Integrations to reconnect
Tracking and job costing
Reports people actually use
Reconciliation and sign-off
How the team works on day one
Where Kenomont Fits: Around the Tool, Not Instead of It
We are a small, founder-led data and systems consultancy run by Aaron Chambers on the Gold Coast, with 20+ years of experience, working with businesses across Australia remotely. We don't compete with conversion tools on price, and for a simple file we'll tell you to use one. For the rest, the work falls into three parts:
1.Before the tool
Clean up the old file so it passes the tool’s preparation checks: clearing accounts reconciled to nil, inactive employees terminated, bank transactions coded, add-ons and bank feeds turned off. Agree the new chart of accounts and how jobs map to tracking.
2.The conversion itself
If Jet Convert or MMC Convert can take your file, use it. It is quick and cheap for the data lift. If your file is one they turn away (for example multi-currency or multi-location), we script the conversion instead and give you import files to review before anything is loaded.
3.After the data lands
Reconnect and test the systems that feed the accounts, rebuild the reports you rely on, set up the inter-company side if you run more than one entity, and give your accountant a reconciliation pack to sign off.
For example, a builder moving from MYOB to Xero might run two companies, post jobs from simPRO and cost every job by site and stage. The conversion tool moves each company's file. Someone still has to decide how stages become Xero tracking, re-point simPRO to the new organisations, set up the inter-company loan accounts and rebuild the job profitability report the owner looks at every Monday.
Which migration page fits your move: MYOB to Xero migration, Xero to MYOB migration, Reckon or QuickBooks to Xero migration, or accounting data migration for anything else.
The Technical Side
For whoever looks after the books or the systems, a few things worth checking before you upload a file to either service:
- Open years in .MYO files. Jet Convert can only pull transactions from financial years that are still open in older MYOB desktop files. If you need closed years, plan for opening balances instead.
- Multi-currency and locations. Check whether multi-currency or multi-location has ever been switched on in the MYOB or Reckon file. Jet Convert won't take those files.
- Negative stock. Clear negative inventory before upload, or the file will be rejected.
- Account types. Accounts receivable, accounts payable and GST accounts must not be set up as bank accounts, and the GST basis must be right.
- Jobs to tracking. Decide your two Xero tracking categories before conversion. Re-mapping afterwards means editing converted transactions.
- Cut-off and integrations. Turn off bank feeds and add-ons in the old file, pick a cut-off date, and keep a list of every system that posts to the accounts so each one can be reconnected and tested.
- Duplicates. Merge duplicate contacts and items first. See our guide to cleaning data before a migration.
Frequently Asked Questions
Not Sure the Tool Will Cover It?
Tell us what you run: how many entities, which systems post into the accounts, and where you are moving. We'll tell you honestly whether Jet Convert or MMC Convert will do the job on its own, and if not, what the work around it involves. Every job is scoped and given a fixed quote after a free initial chat.