Xero Pricing Plan & Cost Guide

Xero

Accounting Software for SMBs

4.31/5 (1,914 reviews)

Xero Pricing

Starting from: $12.50/month

Pricing model: Subscription

Free Trial: Available (No Credit Card required)

Starter: $12.5/month
Standard: $25/month
Premium: $32.5/month

Competitors Pricing

Chargeback

Starting from: 8000.00/year
Pricing model: Subscription

Savology

Starting from: 3.00/month
Pricing model: Free, Subscription

Longview Tax

Pricing model: Subscription

Dynamics Billing

Starting from: 2000.00/month
Pricing model: Subscription

RevX Revenue Management

Starting from: 295.00/month
Pricing model: Subscription

Xero Pricing Reviews

Pros
  • On the dashboard you can see clearly, outstanding invoices and overdue invoices. This is essential for our team to access these numbers quickly and clearly.ZOE W.Read the full review
  • Finances are easier to keep up to date and more frequently, the software updates are seamless, the reports are great, the integrations are outstanding, and the service is super.Aimee R.Read the full review
  • The ease of creating a quote, changing it to an invoice once the client has accepted it, is a great add on. The ability to add inventory items on the fly is very welcoming.Todd I.Read the full review
Cons
  • Constant problems with integrated software for synching with bank & transactions. EXTREMELY poor customer service and it's ALWAYS the other software regardless of the problem.Chris W.Read the full review
  • Remember clear that when there was some technical problem the take no accountability. First It made me angry but then everything arranged.Salome K.Read the full review
  • There is no simple customer sales reports available. Quite ridiculous for a financial platform.Karen G.Read the full review
92%
recommended this to a friend or a colleague

25 reviewers had the following to say about Xero's pricing:

Anonymous

Business Data Tool

Used weekly for less than 6 months
Reviewed 2018-11-23
Review Source: Capterra

Pros
Xero helps our small business keep track and visualize our payroll expenses while also paying bills and managing our new projects.

Cons
The cheaper priced plans, the ones I could afford at first, limited me way too much

Rating breakdown

Ease of use
Features

Likelihood to recommend: 9/10

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Robert Richards

Great accounts package that would suit most peoples needs

Used occasionally for 2+ years
Reviewed 2018-12-18
Review Source: Capterra

overall very happy just wish was slightly cheaper.

Pros
pretty easy ti understand and implement, good videos on youtube etc should you need help and advice, plus customer service are always there

Cons
be great if price was a little cheaper or was all in thus didn't have to pay extra for bank feeds etc

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Anonymous

The Industry Standard

Used daily for 1-2 years
Reviewed 2019-10-22
Review Source: Capterra

Makes GST and Tax returns simple. Ensures I can see how my business is running

Pros
It's used by most accountants in NZ and integrates with almost everything. Really easy to learn and use

Cons
The price, it's not cheap for small businesses like mine

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 8/10

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Zandro Zulueta

Xero is a decent software for small and medium enterprises

Used weekly for 1-2 years
Reviewed 2019-09-30
Review Source: Capterra

Xero allows you to run your business easily and quickly. The relatively low cost and ease of use of the product help you start a business - something you cannot do with complex and expensive ERPs.

Pros
Xero is one of the accounting software tools available in market that is cheap and easy to use for small and medium businesses. Xero will help you track invoices, expenses, inventory, accounts payables and receivables. It is very easy to use and lets you run your business quickly from the get go.

Cons
I did not experience very good customer support. The Xero team responded slowly on our queries which affected our startup business as decisions needed to be done faster. Also, I foresee scalability issues in the long run especially when a business has more complicated requirements.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 8/10

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Yury Chernykh

Easy

Used daily for 6-12 months
Reviewed 2019-05-12
Review Source: Capterra

Pros
Ease of use is the main feature of Xero. Small Business owners can do accounting without accountant with this software.

Cons
Price tag exceptionally high. if you don't need to keep track of your account frequently, it is cheaper to have an accountant.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 9/10

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Edward Zebrowski Jr

don't really like it

Used daily for 2+ years
Reviewed 2018-03-08
Review Source: Capterra

This doesn't provi

Pros
Its really cheap. there is not much that I like so its very hard to try

Cons
not scaleable for growing businesses, doesn't have job costing, doesn't have an audit log issues changing details

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 0/10

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Phillip Quinlan

Nice UI, easy to use - especially for beginners!

Used daily for 2+ years
Reviewed 2018-02-13
Review Source: Software Advice

Anyone can use this accounting software, even people that aren't good at general accounting. Recommended to small business users and medium sized business owners.

Pros
I love how the user interface has been designed so well and is so easy to use, even though I am not that proficient in accounting. Automated invoicing works a treat and sends out nice invoices and reminders.

Cons
The only thing that I would change about the product is the pricing. If it was a little cheaper, the package would be perfect.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

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Francisco Pérez

Probably the best accounting software out there

Used daily for 1-2 years
Reviewed 2018-12-09
Review Source: Capterra

You end asking yourself: How can you run a business with out it? Is a central piece of software for any one that wants to save time by simplifying the accounting tasks. There is nothing out there that comes even close!

Pros
Is super easy to use and is sooo elegant. The design is superb, makes everything looks outdated. Somehow all the complicated and boring tasks of accounting look like something nice and easy with Xero.

Cons
Price wise is still super low cost compared to traditional tools, you get a much better value for your money. But there are still free online solutions out there that can give a nice entry point for a freelance or small company

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Monica Badhan

Xero is Great

Used daily for less than 6 months
Reviewed 2019-03-13
Review Source: Capterra

Its cheap monthly costs.

Pros
Xero is great for small businesses only - used this very well but unfortunately we have out grown the system so need to move to a bigger platform.

Cons
Doesn't hold up large amounts of information - only good for small businesses

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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rahul agarwal

Xero Integration

Used weekly for 1-2 years
Reviewed 2018-05-10
Review Source: Software Advice

Its the best you will find, make sure you do give it a try once.

Pros
If you want Xero Integration then why not go for Fynsis SuiteCRM which is one of the worlds leading SuiteCRM. And full-fills all necessity requirements of customer.

Cons
The only cons which can be taken as pros is that it's very cheap and affordable. Actually there is no cons in this .

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Katrina Ryan

A game changer

Used daily for 2+ years
Reviewed 2018-11-07
Review Source: Capterra

I love xero for what it does for the business owners and how easy it makes my job as an accountant.

Pros
It is written for the end user but still has all the functionality that accountants need. It is easy to use and visually appealing - doesn't confuse the user.

Cons
The pricing as started to put them out of the running for the moment which is disheartening. there are other products that can do what they can for much cheaper.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jason Behn

Leaps and bounds ahead of our previous software!

Used weekly for 2+ years
Reviewed 2018-06-27
Review Source: Software Advice

Xero hasn’t made keeping track of finances MUCH easier for out business.

Pros
The price is probably the best part about Xero. Very affordable considering the value. They are in the cloud which is huge when working remote. Customer service is very helpful when answers can’t be found in the vast knowledge base.

Cons
It goes without saying but financial software plays an integral role in any business. Things need to done when deadlines are due. It would be nice to be a able to speak to someone on the phone regarding support.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Yarik Yarosh, CPA, CA

Best Bookkeeping software

Used daily for 1-2 years
Reviewed 2018-07-11
Review Source: Capterra

Pros
Best Bookkeeping software out there today, ease of use, functionality, workflow and integrations

Cons
Price is pretty expensive per client

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Anonymous

Not a great accounting software

Used monthly for less than 6 months
Reviewed 2019-04-10
Review Source: Capterra

Pros
This software is cheaper than other higher quality software.

Cons
The quality of the software is not great. It is very easy to have errors and mistakes. There aren't many safeguards to stop this from happening. It also does not have very good reports.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 3/10

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Dan Chambers

Almost useless if you actually ship stuff for a business

Used daily for 2+ years
Reviewed 2018-11-27
Review Source: Capterra

We made the transition from Quickbooks PC, and initially all was good. However, as time went on, we found little (and not so little) things that Xero couldn't do. We looked on the user forum and found thousands of exasperated feature requests to sort out the same problems.stretching back many many years with no adequate response from Xero. They seem to be more interested in marketing and hoovering up new users than improving their product. In addition, they have made sure that transitioning back out of Xero to another platform is a massive PITA, so keeping the money flowing in as dissatisfied users cannot afford to risk their business accounting on another change of accounts package.

Pros
Relatively cheap for the quality of user interface. Integrates with a lot of Fin Tech and payment gateways. Attractive user interface

Cons
Lack of correct pro-forma invoicing Lack of email notifications when invoice is paid Lack of supplier reporting Poor inventory and stock handling No picking list/delivery note available Poor foreign currency handling Poor customer service and response to problems

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 3/10

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Kahlil Johnson

Best accounting software on the market

Used weekly for 1-2 years
Reviewed 2020-09-18
Review Source: Capterra

Xero has been a great experience for me. If you want software that can automatically allocate transactions when and where you need them to go, save yourself time and check out Xero.

Pros
Very affordable price for a wide range of services. Xero also integrates with Stripe and allows currencies of other countries!

Cons
One thing I noticed was that I didn't have the ability to add my own documented notes into certain fields. This will be crucial on their next update.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Joseph Vandertol

Good software, terrible support and company

Used daily for 1-2 years
Reviewed 2019-01-28
Review Source: Capterra

General use of the software is good. The company and technical support made me consider going back to Quickbooks online. Instead I switched to Freshbooks. Great technical support. They answer within 4 rings. Very knowledgeable and patient. 10 out of 10 for support.

Pros
I previously used quickbooks pro, but found their product too expensive and the support was also not very good. I switched to Xero, because of the price and the quality of the software

Cons
Support is only via email. They initially respond within the promised time frame, but 9/10 times the answer is not relevant to the question asked. It's like they don't read the question, or the initial techs are inexperienced. So after wait on average 4 hours for a response, you have to wait long for a reply to any subsequent answer, which is 9/10 times not relevant to the question. So, in my experience you have little if no support for the software. Then, mid year they suddenly drop their payroll feature off their software and announce you can run your payroll through this other company. Wonderful. Suddenly the total cost of accounting has now doubled because Xero didn't decrease their price and it now costs the same amount again to run payroll. A company that does this in my opinion does not show much integrity.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 1/10

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Simon Ngai

Good for small business as advertised

Used daily for 6-12 months
Reviewed 2019-05-27
Review Source: Capterra

Pros
I like the affordable price with almost all the functions of our accounting requires. It saves a lot of costs for start-ups.

Cons
1. It's not quite "natively" working with Amazon and we need to buy another software called A2X as a bridge to manage the orders on Amazon.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

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Ronnie Strobel

Great value, easy to use

Used daily for 1-2 years
Reviewed 2016-11-07
Review Source: Capterra

Xero is an outstanding bookkeeping software. Keeps our company organized and allows us to take a snapshot of our business at any time. When getting started, take the time to organize yourself. Understand you chart of accounts and beginning balances. I love the ability to sink with my credit card accounts (for easy categorization of expenses) and the direct deposit payroll services.

Pros
Payroll services are a real bargain.

Cons
Support is lacking, you need to use the community or pay a third party.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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doug gordon

Alternative to Quickbooks

Used daily for 2+ years
Reviewed 2018-02-09
Review Source: Software Advice

Pros
Xero is cheap and easy to use. Good functionality if you are simply creating invoices or tracking payables.

Cons
Not good if you are tracking inventory on a regular basis. The app could use some improvements as well

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 8/10

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Andrew Watson

Ok for accountants

Used daily for 1-2 years
Reviewed 2020-05-06
Review Source: GetApp

Difficult to get the reports I need

Pros
Cheap and online. It looked as though the reporting wourld be far superior to Sage, but its not!

Cons
Built by accountants for accountants. Does not work for those of us who use Common Sense. Evebn this survey does not ghave spell-check

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 3/10

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Mike Block CPA

Xero Fan, Fan of the Pricing

Reviewed 2013-08-01
Review Source: GetApp

Those who are not a fan of the pricing do not know the pricing. ALL Xero versions cost the amounts stated for UNLIMITED USERS. Personal: $3/month. $12 Cashbook, auto bank/credit card import, auto assign accounts, only from Partners.

Pros
Big monthly updates - no installs. Free link to very good add-ons. No backups. Very reliable.

Cons
No Cons that Xero or we will not fix fast.

Rating breakdown

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Dan Blackett

Very good cloud based small business accounting software.

Used weekly for 1-2 years
Reviewed 2017-07-20
Review Source: Capterra

Pros
Full cloud based and mobile optimised. Easy to configure cost codes and get going virtually immediately.

Cons
Found the pricing initially confusing with free trials of different lengths. Just pay monthly and it's an easy cost.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Clayton Kossl

Very basic and limited function. Can quickly outgrow if your organization plans to grow

Used daily for 2+ years
Reviewed 2017-11-14
Review Source: Capterra

Pros
The software is cheap and simple, and has a few ad-ons that are helpful for collecting on invoices.

Cons
Development team does not put out obvious functions in time. Very limited functionality and is better used by companies outside of the US.

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Paul MacNeill

Game Changer: Xero helped our business to become an efficiency machine

Reviewed 2015-04-15
Review Source: Software Advice

Pros
Simple to use, focusses on the financial management of your bank accounts first. We coined the term; Upside Down Accounting. And it really is. When you think of the way that the bank feeds link to transactions; its no different to a game of snap 'OK'

Cons
I think that it it's too cheap (yeah, that's a double negative). We've found that the product is priced perfectly for us as the consumer. But commercially as a SaaS provider ourselves, I think that it is too cheap for what it does. But then there are 11m small businesses in the US, so get a slice of that and BOOM. We use it every day in our business and it does exactly what we need. As a business with offices in AU / US and customers round the globe, Xero provides a capability that we'd be spending 10s of thousands per year with other platforms that deliver half the value (and add more staff to manage and administer).

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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