Xero’s New Subscription Plans: Enhancing Small Business Efficiency
Streamlined Plans Tailored for Small Businesses Users from 1 July 2024.
Xero wants to make sure the needs of small businesses are met well into the future — and that means providing Xero users with easier access to tools that help you run your business efficiently. That’s why they’re refreshing subscription plans for small businesses users, which will be available from 1 July 2024.
According to Xero, much consideration has been put into creating streamlined plans with bundled tools and features, to help users solve their most important accounting and people management tasks.
Find out more about the plans and what’s included for small businesses »
Introducing Xero’s small business plans
Xero is launching three new streamlined business plans for Australian users, as well as enhancing the Ultimate plan.
- Xero Ignite plan — accounting basics made for businesses starting out
- Xero Grow plan — accounting tools for self-employed and growing businesses
- Xero Comprehensive plan — streamlined accounting and payroll for businesses with employees
- Xero Ultimate plan (enhanced) — accounting, payroll and forecasting tools to help businesses scale for future growth.
With the new plan line-up for Australian small businesses available from 1 July 2024, existing Xero Payroll Only, Xero Starter, Xero Standard and Xero Premium plans will no longer be sold. Existing add-ons can no longer be purchased separately from this date.
The new plan line-up has more key features included — with fewer plans and add-ons to navigate. That means easier access to the tools and features users are looking for, so you can spend time on things that count, like running your business.
Find out more about how new business plans compare with existing plans and what’s included.
Moving to a new plan
With the launch of these new plans, your existing plan will be moved to a new plan in a phased approach. Your current plan (and any add-ons) will be taken into account as part of this, with the migration of all plans projected to be completed by March 2025.
Xero will continue to keep users updated during the plan change process and you’ll have at least 60 days notice before any changes are made.
How Xero is supporting users
Xero understands that these new plans may feel like a big change, but please know that you’ll be continually updated during this process. In the meantime, Xero recommends familiarising yourself with the new plans so you can consider the best option for you when the plans are launched.
Innovative, efficient bookkeeping
Keeping up to date with the business’s accounts payables, receivables, account reconciliations and ATO requirements can be very demanding for any business owner or financial manager.
At Allan Hall, we are committed to providing tailored comprehensive bookkeeping solutions that are comprehensive and long term, freeing up your time so you can focus on running your business. Whether you need support to manage your cash flow, forecast income and expenditure, or simply provide more detailed financial reporting, our highly skilled team of bookkeepers will assist you to ensure your business is operating as planned.
