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Xero, certainly one of the world’s most liked and fastest growing accounting program companies, has now declared some modifications to their standard and premium bundles expenses. A number of our small enterprise clients are making use of online and cloud accounting, so make sure you pay attention to these modifications if you're a Xero user.
These modifications have come about because of current updates to the financial management software program. Xero acquired gold level accreditation last year for the ATO’s new SuperStream system, introduced a new mobile app, and made other modifications and improvements to areas for example payroll, leave and paying off final income.
Because of these improvements and also to reflect improvements that'll be just be around the part, Xero is going to be altering their standard and premium plans and rates on the 2nd of June, 2016.
Here is the list of modifications:
• Switch the signal from Standard plan ($50 per month) to reduce payroll limit from 5 employees to 1 employee.
• Introduction of new plan, Premium 5, which includes payroll for five employees for $60 per month.
• Price increase for Premium 10, 20, 50 and 100 plans by $10 per month.
Check your Xero account to visit your current plan specifics and keep track of any modifications to your account in June. If you're on the standard plan and also have more than one employee on your payroll in May, you'll be automatically transferred to the Premium 5 plan on the 2nd of June.
To get more information on Xero Updates call BookSmart Accountants Cranbourne at 1300 300 106.