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Let’s Support a More Affordable Xero Subscription Plan for SMEs!

Hi fellow Xero users,

With Xero subscription fees increasing year after year, the cost is becoming a growing burden for small businesses. For businesses like ours that manage several company accounts using Xero, the total subscription cost adds up significantly.

For each of our company accounts, we process approximately 250 bills and 40 sales invoices per month. We mainly need essential accounting functions, including managing bills and invoices, maintaining the Chart of Accounts, recording bank transactions and transfers, preparing GST F5 returns, managing fixed assets and depreciation, recording manual journals, generating financial reports, using tracking categories, and meeting IRAS InvoiceNow requirements.

However, not all users utilise the advanced features included in the Standard Plan, such as Faster Payments and Smarter Business features, automatic bank feeds and filing Form C-S. Many SMEs simply do not need these additional features and should not have to pay for a comprehensive plan when their accounting requirements are more basic.

We strongly encourage Xero to introduce a more affordable subscription plan focused on essential accounting functions, with a reasonable monthly fee that reflects the features provided. We also hope Xero will consider keeping the subscription price stable year after year for this basic plan, rather than continually increasing fees, so SMEs can manage their operating costs more confidently.

Different businesses have different accounting needs. A flexible, cost-effective plan would allow SMEs to pay for the functions they actually use without bearing the cost of advanced features they rarely or never need.

If you agree, please vote for this suggestion and leave a comment to show your support. The more SME users who share their views, the stronger our collective voice will be in encouraging Xero to offer fairer, more predictable and affordable pricing.

Let’s work together to help SMEs control rising business costs while continuing to use Xero for our essential accounting needs.

Thank you for your support!