Our view at Stack - Xero is a cloud-based accounting platform that offers numerous benefits. It simplifies financial management with automated bank feeds, allowing you to save time on data entry. Create, email, and print professional invoices effortlessly. Access your finances in real time via the cloud from any device. Retain records of income, expenses, assets, and liabilities securely online. Whether you’re a small business owner or an accountant, Xero streamlines your financial processes and provides a clear view of your financial health.
In May, we announced new subscription plans for Australian customers and partners as part of our efforts to simplify our plan offering. The new plan line-up bundles key features like Xero Expenses, Xero Projects and Xero Analytics Plus into some plans, making it easier to choose the right plan for your business or clients.
These plans are now live to coincide with the start of the financial year.
Learn more about our new small business plans or plans for accounting and bookkeeping partners.
With our new plan line-up, our old plans – Payroll Only, Starter, Standard and Premium business plans, and GST Cashbook and Cashbook Payroll partner plans – are no longer available for purchase.
We’ve also completed the migration of customers on Premium 10–100 plans to the enhanced Ultimate plan. The Ultimate plan now includes Xero Expenses and Xero Projects for 10, instead of the current five, as well as access to Xero Analytics Plus.
Sign up to the webinar to learn more about the move from Premium 10–100 to Ultimate.
Our migration approach and revised timing
The new plans have been designed to provide you with easier access to tools that help you run your business efficiently. For a number of our customers in Australia, this will mean more functionality for the same or lower price* when moved to a new plan by Xero.
We know this is not the case for all customers, and some customers on our old plans will pay more when moved to a new plan by Xero. We also know price increases are difficult to manage and we are doing what we can to simplify this.
As a result, we have designed our migration plan to make sure no customer will receive a further price increase this financial year (July 2024–June 2025). This means some customers will not be migrated by Xero by March 2025 as originally communicated.
We appreciate the feedback our Xero community has shared about these changes. We are committed to putting you first when it comes to our new plans and migration, and have reflected this in our revised approach.
What it means for you and what’s next
We will email you in late July, with the details of what plan Xero will move you to and when. When we look at which plan you’ll be moved to, we’ll look at your current plan – including any add-ons you have purchased – and your recent (June 2024) usage of features (that is, Xero Expenses and/or Xero Payroll).
If you are a customer who will see the same or a lower price*, we’ll move you to your new plan in October 2024, so you can start realising the benefits of any new features. If you will see a price increase* as a result of the new plan that we are migrating you to, we will not migrate you until July 2025.
You can stay on your current plan until Xero moves you, or you can choose to move. If you choose to move to a new plan, you won’t be included in Xero’s migration arrangements. However, we recommend you wait until you have received your email confirmation from Xero later this month to understand how the migration applies to you or your clients, before making your own decision about moving plans.
As the new plans are now live and the old plans are no longer available for purchase, any changes to an old plan (removing an add-on or transferring a subscription) will mean moving to a new plan.
Throughout this process, you will always have the choice to choose a different plan to what Xero selects for you. You’ll also be able to change plans after Xero moves you if you decide another plan better meets your needs.
We’ll support you via Xero Central, as well as our dedicated webinars and guides, to help you get the most out of the new plans.
Specifics for accounting and bookkeeping partners
Our email to you in late July will include a link to a list of subscriptions that your practice holds, including plan changes and timing for each client.
1 July 2024 |
New plans available in Australia
You can choose to move to a new plan at any time if you don’t want to wait for Xero to move your clients. However, we recommend you wait until you have received your email from Xero before making a decision about moving plans |
July 2024 |
Full details on what plan/s you and your clients will be moved to and when (60+ days notice) will be sent via email |
October 2024 |
Xero will move customers to new plans where there is no increase to the price*, based on the migration approach outlined above |
July 2025 |
Xero will move customers to new plans where it would mean paying more*, based on the migration approach outlined above; this includes customers on the Payroll Only plan |
We look forward to sharing specific details with you later this month. As always, please reach out to our team via Xero Central if you have any support questions.
*compared to 1 July 2024 pricing
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