Xero Pricing: An Affordable Solution For Asset Management
As a small business owner, managing your assets effectively can be a tough task. Tracking physical assets, managing invoices and keeping an eye on depreciation can take up a significant portion of your time. Thankfully, there are tools available that can simplify these tasks and give your indebted attention back to what really matters: growing your business. One such powerful tool is Xero, which offers affordable asset management software for small business.
What is Xero?
Xero is a cloud-based accounting software that specialises in asset management for small and medium businesses. Xero’s comprehensive and user-friendly features offer a wide variety of functions for managing your company’s financials. From organising cash-flow, payroll, and expense reporting to cataloguing assets, Xero has got you covered.
Asset Management with Xero
Xero’s asset management software for small business feature allows businesses to maintain an accurate record of their valuable physical assets. You can keep track of your assets, their value, depreciation, and details about purchase and disposal. Additionally, the software integrates seamlessly with other aspects of Xero’s accounting platform, offering businesses a holistic financial management solution.
Xero Pricing Structure
Xero offers a straightforward and scalable pricing model. The pricing structure is designed to cater to businesses of different sizes and needs. Xero’s pricing plans can broadly be divided into three categories.
Firstly, we have the ‘Starter’ plan, priced at $20 per month. This offers basic features appropriate for startups and very small businesses. This includes features like sending up to 5 invoices, entering 5 bills, reconciling 20 bank transactions, and capturing bills and receipts in Xero with Hubdoc, among others.
Then, there’s the ‘Standard’ plan at $30 per month. This plan is suitable for businesses with slightly bigger financial operations. It includes unlimited invoices and quotes, bills, and bank transactions. It additionally offers payroll for 1 person, and it’s $6 for each additional person.
Last but definitely not least is the ‘Premium’ plan, priced at $40 per month. This plan is inclusive of all the features necessary for asset-intensive businesses or those that deal in multiple currencies. It caters for unlimited invoices and quotes, bills, bank transactions, and payroll for 2 people. Each additional person is $6, and it offers multi-currency accounting.
Xero for Unbeatable Value
From managing simple day-to-day accounting tasks to complex asset management, Xero’s accounting software offers a wide array of features at affordable prices. The scalability of the software’s pricing, coupled with its robust functionality, makes it an ideal solution for small businesses looking for an affordable and effective asset management solution. Investing in Xero provides stable and quality asset management software for small businesses and simplifies their journey to financial management excellence.