Xero Pricing Australia: Your Complete Breakdown

Xero AU Pricing

Xero, a leading cloud-based accounting software, offers a range of pricing plans tailored to fit the diverse needs of small businesses, accountants, and bookkeepers in Australia. With a commitment to affordability and scalability, Xero provides features that grow with your company.

Plans to Suit Your Business

Xero’s pricing plans are designed to cover the essentials of accounting, with the flexibility to expand as your business demands increase. Xero is offering a significant discount of 75% off for the first five months for new subscriptions.

Pricing Overview

Here’s a breakdown of the current promotional pricing:

Starter Plan

• Regular Price: $32 AUD/month

• Promotional Price: $8 AUD/month

• Savings: $120 over 5 months

• Features:

  • Send quotes and 20 invoices

  • Enter 5 bills

  • Reconcile bank transactions

  • Payroll for 1 person

Standard Plan

• Regular Price: $65 AUD/month

• Promotional Price: $16.25 AUD/month

• Savings: $243.75 over 5 months

• Features:

  • All Starter features

  • Payroll for up to 2 people

Premium 5 Plan

• Regular Price: $85 AUD/month

• Promotional Price: $21.25 AUD/month

• Savings: $318.75 over 5 months

• Features:

  • All Standard features

  • Payroll for up to 5 people

  • Use multiple currencies

Ultimate 10 Plan

• Regular Price: $115 AUD/month

• Promotional Price: $28.75 AUD/month

• Savings: $431.25 over 5 months

• Features:

  • All Premium features

  • Payroll for up to 10 people

  • Capture bills and receipts with Hubdoc

Add-Ons and Extras

Add-ons

Xero offers a range of add-ons to complement your primary plan, providing extra functionality where you need it.

Payroll

• For Additional Employees: If your plan includes payroll for a certain number of employees and you need to pay more, you can add them.

• Pricing: The cost for additional employees will depend on your plan and the number of extra employees you need to pay.

• There is also a Payroll-only plan that offers Single Touch Payroll service to subscribers.

Projects

• Tracking and Management Tools: These tools help you manage your projects more effectively and stay on top of deadlines and budgets.

• Pricing: The “Track projects” add-on is optional for all plans except Ultimate 10 and costs $5 monthly.

Expenses

• Management and Reimbursement: This add-on simplifies the management and reimbursement of employee expenses.

• Pricing: The “Claim expenses” add-on is optional for all plans and costs $5 monthly.

Analytics Plus

• Advanced Reporting: Get more profound insights into your business with advanced reporting features.

• Pricing: The “Analytics Plus” add-on is free for 2 months for all plans except Ultimate 10. The price after the promotional period isn’t specified in the image.

Time Tracking and Rostering (Planday)

• Workforce Management: This add-on helps schedule and track your employees’ time.

• Pricing: The “Time tracking and rostering (Planday)” add-on is optional only for Ultimate 10. It’s free for 4 months; the price after this period isn’t specified in the image.

Each of these add-ons is designed to integrate smoothly with the main plans, allowing you to customize your Xero setup to perfectly suit your business needs.

Offer Terms and Conditions

The promotional offer is subject to terms and conditions, including using the Xero discount or promo code MARCHMADNESS224 by the specified deadline. Prices include GST and are subject to change.

Xero for Non-Profits

Xero acknowledges non-profit organizations' unique financial management needs by offering a 25% discount on its small business pricing plans. This special pricing is designed to help non-profits maximize their resources while benefiting from Xero’s comprehensive features.

Special Discounts for Non-Profits

• Eligibility: Available to verified not-for-profit organizations.

• Discount Rate: A generous 25% off the standard subscription price.

• Application: After purchasing a subscription and confirming not-for-profit status with Xero, the discount is applied.

Verification Process

To avail of the not-for-profit discount, organizations must provide one of the following to Xero support:

• The organization’s charity or trust registration number.

• A government-issued certificate or letter confirming not-for-profit status.

Additional Savings

Non-profits that qualify for the multi-organization discount will receive the maximum not-for-profit discount, ensuring the most significant possible savings on their subscription.

Xero Partner Programme for Australian Accountants and Bookkeepers

The Xero Partner Programme is designed specifically for accountants, bookkeepers, and financial advisors in Australia who assist clients with their financial needs. Joining the program is free and offers a range of benefits to make your practice more efficient and profitable.

Here are some of the critical perks you'll enjoy as an Australian Xero partner:

• Free Software: Get a free Xero subscription for your own practice and access to Xero HQ, a centralized platform for managing your clients.

• Client Discounts: Offer your clients discounts on Xero business plan subscriptions to make it more attractive for them to switch to Xero.

• Practice Management Tools: Receive free access to helpful tools like Xero Practice Manager and Xero HQ to streamline your practice's operations.

• Advisor Directory Listing: Once you reach Bronze Partner status, you'll receive a free listing in the Xero Advisor Directory, which will help potential clients discover your practice.

• Rewards and Benefits: Earn rewards as you progress through the program, including free software and even more significant discounts on Xero plans.

• Free Training and Certification: Xero offers free training and certification programs that can enhance your expertise and help you gain valuable credentials.

Joining the Xero Partner Programme is straightforward. Simply apply online, and they'll contact you to get you started. By leveraging the program's benefits, you can streamline your workflows, improve client satisfaction, and grow your practice in the Australian market.

Xero vs. QuickBooks vs. MYOB Australia Pricing

Quick Comparison Chart

Key Points of Analysis (Pros and Cons)

• Xero

  • Pros: Simple pricing, overall solid feature set, excellent user interface, wide range of app integrations.

  • Cons: Payroll costs can increase, and multicurrency support is only in the highest tier.

• MYOB

  • Pros: Longstanding reputation in Australia, potential for desktop/offline use (AccountRight), robust inventory features.

  • Cons: More complex pricing structure; some perceive the interface as outdated.

• QuickBooks

  • Pros: Often the most affordable initial option, good range of features, known name.

  • Cons: Less intuitive than some competitors, customer support reputation could be better.

Where to Find the Information

• Xero Australia Pricing: https://www.xero.com/au/pricing/

• MYOB Australia Pricing: https://www.myob.com/au/accounting-software (Note: Essentials vs. AccountRight are different product lines)

• QuickBooks Australia Pricing: Pricing and Plans | QuickBooks Australia (intuit.com)

While Xero, MYOB, and QuickBooks each offer compelling features, the best choice for your business depends on your specific needs. Luckily, all these providers offer free trials, allowing you to explore their interfaces and capabilities before committing. Remember, pricing and feature sets can change, so it's essential to visit the official websites of Xero, MYOB, and QuickBooks for the most up-to-date information.