Create parallels VM from host mac os?

Cameron1

Bit poster
I've upgrade to a new mac and before I wipe out my old one I would like to create a virtual machine from it. That would allow me to start up the old "stuff" if I had the need using Parallels. I have access to both Parallels 10 and Acronis True Image for mac. I am not wanting just a plain time machine backup, I already have that. Any tips on how to accomplish this?
 
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