Xero
September 8, 2023

Xero’s Pricing Update

Kyle Bonerath
Accountant & Registered Tax Agent

Xero’s Pricing Update 

As of September 13, 2023, there are some important pricing updates to Xero subscriptions coming into force. If you’re an existing Xero user, or are considering utilising the benefits that Xero has to offer your business, take note of the pricing updates that we outline below. 

What is the new Xero pricing? 

Refer to your monthly subscription package below to understand the new pricing structure. (All prices are in AUD and includes GST). 

Why we believe Xero is the leading accounting software in Australia

At Bonerath & Co., we believe that Xero is one of Australia’s leading accounting software solutions. 

Its user-friendly interface simplifies tasks like invoicing, expense tracking, and bank reconciliation, saving time and reducing errors. Real-time collaboration ensures that teams, accountants, and clients can work together seamlessly on financial data from anywhere, enhancing productivity and accuracy.

The automated features of Xero, such as recurring invoicing and bill payment reminders, enhance efficiency by reducing manual intervention. With bank feeds, transactions are automatically imported, easing the reconciliation process. Xero's robust reporting tools provide valuable insights into business performance, aiding in informed decision-making. The software also integrates with a wide range of third-party apps, expanding its functionality to suit various business needs.

Incorporating strong security measures and regular data backups, Xero ensures the safety of sensitive financial information. 

FAQs about Xero’s pricing update 

How do I find which Xero pricing plan I’m currently on? 

Head to your Xero account, click on Subscription and check under the ‘Subscription’ column. 

Are all the pricing plans increasing in price? 

Only Australian plans for subscribers on Xero Payroll-only, Starter, Standard, Premium and Ultimate plans are affected. 

Will the price of Xero add-ons change? 

No, the price of any options add-ons in Xero will not change in line with this pricing update.

 

How do I transfer my Xero subscription to my accountant? 

Follow our helpful guide on transferring a Xero subscription to your accountant. 

What about my Xero discounts and promo codes? 

Your existing discounts or promo codes will continue until your discount or code expires, and will be applied to the new pricing. 

Access a 25% Xero discount with Bonerath & Co. 

Did you know that you can access a 25% discount on Xero subscriptions when included in one of Bonerath & Co.’s plans? 

Access a cost-effective accounting solution for your business through our Xero set up and support, bookkeeping and business advisory services. At Bonerath & Co. we do more than just accounting and tax, we help set your business up for continued success. 

Find out more about how our team can help your business. Contact the Bonerath & Co. team! 

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