Xero offers multiple pricing plans designed to suit different types of small businesses, from sole traders to growing teams. Understanding what each plan includes can help business owners choose the most cost-effective option for their needs.
For reference, you can view current Xero pricing directly on the official site.
Xero Pricing Plans Overview
Xero offers three main pricing plans designed to scale with a small business as it grows. Each plan builds on the previous one, adding features that become more relevant as your business complexity increases.
The key differences between Xero’s plans relate to payroll capacity, multi-currency support, and advanced reporting capabilities. Choosing the right plan depends less on business size and more on how you operate day to day.
What’s Included in Each Xero Plan
All Xero plans include core accounting features such as invoicing, bill management, bank reconciliation, and GST tracking. These tools cover the essentials most small businesses need to manage day-to-day finances.
As you move up the pricing tiers, Xero adds functionality designed for growing teams and more complex operations. Higher-tier plans introduce payroll support for employees, multi-currency transactions, expense claims, and deeper cash flow visibility, which become increasingly important as a business scales.
Xero Plan Comparison Table
| Software Plan | Monthly Price | Key Inclusions | Best For |
| Starter | From $29/month | Basic invoicing, quotes, bills, bank reconciliation, GST tracking | Sole traders and very small businesses |
| Standard | From $46/month | Everything in Starter, plus payroll for up to 5 employees, multi-currency, expense claims | Growing small businesses with staff |
| Premium | From $69/month | Everything in Standard, plus payroll for unlimited employees, advanced cash flow insights | Established small businesses with complex needs |
Which Xero Plan Is Best for Small Businesses?
The best Xero plan depends on whether you operate alone, employ staff, or need more advanced financial oversight.
For most small businesses, Xero’s Standard plan offers the best balance of features and cost.
- Choose Starter if you are a sole trader or very small business that only needs basic invoicing, bill tracking, and GST reporting.
- Choose Standard if you have employees, need payroll, or work with foreign currencies. This is the most common choice for growing Australian small businesses.
- Choose Premium if you run a larger operation with complex payroll requirements or need deeper cash flow visibility across multiple employees.
Xero’s full plan inclusions and limits are listed on their site if you want to double-check specifics. See full Xero plan details.
If you’re unsure, starting with Standard is usually the safest option. You can upgrade or downgrade your plan at any time as your business needs change.
Pricing shown reflects publicly available Xero pricing at the time of writing. Plans, features, and pricing may change over time. Always check Xero’s official website for the most current information before making a decision.
If you’re still comparing Xero with other accounting software options, you can see how it stacks up against competitors on our full accounting software comparison page.
If you’re at the stage of comparing Xero plans side by side, it’s usually easiest to review Xero’s pricing directly and match it against your current requirements.