Back in November 2013 Xero announced their new and refreshed subscription plans, that commenced 1 January 2014 globally to replace the Small, Medium and Large plans. Over the past few years Xero has added hundreds of features to their accounting platform and continue to release new features every few weeks. This means that Xero is now a much more valuable tool than it was in the past.
The new pricing plans provide a better reflection of the value provided by the Beautiful Cloud-based software and make it easier for you, our valued client, to use the features you need without paying for features you don’t.
Respecting the relationship Xero has with it’s Accounting partners, Xero provided price-protection on any increases for a six month period for all existing customers. As of the 1 July 2014, all subscriptions will change to the new plan. The change will be pretty small for most of our clients as two-thirds of our Business Edition subscribers are only going to pay $1 more or may actually pay less per month.
The new plans are largely based around Payroll. Clients that are on the Starter and Standard plan can pay up to 1 or 5 employees per month respectively, clients on Premium 10 can pay up to 10 employees per month, clients on Premium 20 can pay up to 20 employees per month, and so on. All Premium plans come with Multicurrency and Automatic Superannuation (currently only available for Large subscribers). This means that anyone who pays more than five employees gets both of these features! Finally, Xero is increasing the File storage limits on Standard and Premium plans.
See the below table for the new subscription prices:
For more details on their plans you can go to Pricing section on their website by clicking here.
If you are currently subscribed to Xero through HTA Advisory, your direct debit will automatically be updated to reflect any price changes in your Xero subscription effective the 1 July 2014.
If you have any questions please contact our office on 03 9810 3666.