FreshBooks charges $19 per month and QuickBooks charges $35 per month). However, the best option and price point will depend on the specific capabilities and features you are looking for. Purchase any Xero plan, and we will give you the first month free. We want to make sure you get the information you need quickly and conveniently. That’s why we’re removing the confirmation notification when you successfully email a file to your file library inbox. Sign up to any Xero plan, and we will give you the first month free.

Access Xero features for 30 days, then decide which plan best suits your business. To bring Xero Projects desktop functionality in line with the mobile version, we’ve added a timer to help you to add accurate time entries against your projects. It features the same start, pause and stop functionality, with clear visibility of how you’re tracking at the bottom right-hand side of the desktop screen. In the months ahead, you may notice that your Xero dashboard looks a little different. The functionality of your Xero dashboard won’t change, but there are some tweaks to the design that may take some getting used to. The new version is designed to give you a consistent experience across Xero, while also improving speed and accessibility.

The new features will also enable Xero to meet growing demand for AI innovation among its user base, with 73% of customers having used AI across the platform since March. Keep in mind that the ability to use multiple currencies in the software and invoice is limited to the company’s highest tier, at $80 per month. If using multiple currencies is a priority to you, consider other platforms that offer this capability at a lower cost. Zoho, for example, is accounting software with a free invoice platform that allows you to bill in multiple currencies. The Growing plan is best suited for growing businesses, grants the same capabilities in addition to the ability to send unlimited quotes and invoices, enter unlimited bills, and reconcile transactions in bulk. Keeping up with the latest Xero updates in 2025 helps your business to operate more efficiently, stay compliant, and make smarter financial decisions.

• We’ve also made improvements to company tax returns, with numeric breakdowns and more detail on larger totals that form a material disclosure.
• Setting up bank rules is an easy way to get Xero to automatically code transactions on your bank reconciliation screen, based on criteria you’ve set.
• Browse other questions tagged zapier xero-api or ask your own question.
• With online invoice payments through Stripe and GoCardless, you can accept payments by card or direct debit.

Xero survey finds millennial small business owners in Canada overestimate their financial literacy

Xero’s online accounting software and pricing plans are designed for small businesses, plus it’s free for you to use to run your own practice. xero accounting software blog and news Cloud accounting has evolved into an essential tool for modern businesses in 2025. Rather than storing financial data on a local computer, cloud accounting platforms like Xero host your records securely online, giving you real-time access to your finances anytime, anywhere. In this guide, we will explore the latest Xero updates in 2025 and how they can benefit your business operations. The acquisition will extend Xero’s Canadian value proposition as Xero plans to also use TaxCycle’s expertise and tax management capabilities to enhance its localized cloud offering, over time.

NZ: Small business productivity gains blocked by slow digitalisation

This will provide accountants, bookkeepers and tax preparers with a better user experience to help make income tax preparation more accurate and efficient. Melio’s powerful platform makes payment workflows easy and flexible, offering a wide choice of payment methods to suit the individual needs of each business, all while helping their vendors to get paid faster. For goods-based businesses, we know efficient ordering is crucial for keeping your inventory stocked and your accounting in sync. To make this process simpler and more streamlined, we’ll be rolling out a refreshed purchase order experience soon.

Building a lifestyle-friendly trade business with ServiceM8 and Xero

Xero partners have access to a wealth of business and accounting tools to support their clients, market their accounting practice, and grow their business. As you move from new partner to bronze, silver, gold and platinum status levels, you’ll unlock more and more benefits. Think about your business’s specific goals and budgets, and any features you need, like online invoicing, payroll, and digital tax reporting. Whichever software you go for, make sure it’s flexible, user-friendly, and offers good customer support. We’re thrilled to announce that Xero is acquiring TaxCycle, a leading Canadian tax preparation software company for accountants and bookkeepers. Together with TaxCycle, Xero is striving to make year end tax simpler and more beautiful for our Canadian customers.

• Xero, FreshBooks and QuickBooks all offer 30-day free trials and extensive features for online support, including a live chat, email support and a knowledge base.
• Xero’s certified apps, with over 1000 to choose from, integrate seamlessly with Xero for smooth data flow.
• Xero and TaxCycle will continue to invest in the desktop product, which means existing TaxCycle customers can continue to use the service they have come to know and love over the years.
• At Xero, we aim to delight our customers by helping them save time and operate more efficiently.

Suited for small- and medium-sized businesses (SMBs), Xero is an affordable cloud-based accounting software system that streamlines these processes with plans starting at $20 per month. These invoicing features help finance teams to work smarter and reduce friction in day-to-day operations, especially useful for businesses managing high-volume invoicing or multiple sales regions. For small businesses, we know that efficient, accurate, and seamless workflows are non-negotiable — especially when it comes to making payments. After all, paying bills and managing cash flow are two crucial tasks, and when managed effectively hand-in-hand, small businesses thrive. With Xero, your small business won’t get slowed down by financial admin. Xero’s user-friendly design means you’ll quickly get up to speed with our advanced tools and features.

Xero celebrates 15 year anniversary with launch of ‘Xero Day’

We can’t wait to bring this exciting vision to life and deliver even more powerful, integrated payment solutions to our customers. Today, Melio is already loved and used by Xero customers through the Xero App Store as an app partner. Because it transforms accounts payable from a time-consuming, manual chore into a seamless process. In the immediate term, Xero and TaxCycle customers can benefit from a newly available Xero integration with TaxCycle’s existing desktop tax solution through the Xero App Store in Canada. This provides a seamless way to integrate standalone corporate and partnership tax return preparation services into practice workflows with Xero, from collating a client file to billing for tax services.

This is what our open platform is all about — providing customers with a choice so they can use the software that best meets their specific needs. All pricing plans cover the accounting essentials, with room to grow. Xero’s certified apps, with over 1000 to choose from, integrate seamlessly with Xero for smooth data flow.

Xero adds award-winning* Expenses functionality to Xero Me app to simplify critical employee process

Longer term, we know that bringing together accounting and payments seamlessly into one platform is a critical need for our customers. So we’ll be working hard to embed Melio’s full functionality within Xero to provide a seamless and fully integrated payment solution for both new and existing customers across the US. This means customers will be able to pay their bills without leaving the Xero platform, reducing the time spent manually replicating payments through multiple solutions and lowering the risk of human error. We know tax compliance is a major driver for small businesses and their advisors to use Xero.

With cloud-based access, real-time updates, and integrated document sharing, the  collaboration between your finance team and your Xero-certified advisor can be more seamless no matter where they are. With features like automated bill entry, keyboard shortcuts, and drag-and-drop file attachments, you can dramatically reduce manual data entry and improve operational efficiency. Our software has tools and services to ease this transition and make sure your financial data transfers without hassle.

A batch deposit records multiple invoices in a single payment transaction. In the weeks ahead, we will update the screen where you create a new batch deposit with a new look, but there will be no change to the functionality. The ‘Cancel’ and ‘Deposit’ buttons will be moved to the top of the page from the bottom, and the ‘Add note’ button will be moved to the right of ‘History and notes’ instead of below it. This new feature will allow you to effortlessly select multiple tracked inventory items and update their quantities in one go.

A new plan, specifically for non VAT businesses, with features designed for sole traders and landlords. Accounting, payroll and forecasting tools to help businesses scale for future growth. Streamlined accounting and payroll for businesses with employees. The Xero Accounting App for iOS and Android lets you handle your invoicing, manage your cash flow, record business expenses, and reconcile transactions – wherever you are.