Register for Xero Education Month: Learn more to do more

For the whole of February, Xero is hosting a stack of free online webinars to help you brush up on your business smarts, learn how to improve your resilience and foster wellbeing in your team.

Here’s what you’ll learn

It’s a chance to dive into topics like:

  • managing payroll and finances with Xero Payroll
  • getting paid on time, every time
  • checking every dollar is counted with Xero Expenses
  • learning helpful tips and tricks to save time
  • sustainable workplace practice

For these topics and more, register here.

Can’t make the live sessions?

If you can’t make it to the live webinars, visit Xero Central to watch the recordings. They will be available from 3 March to 3 April 2021.
These webinars are designed for everyone, so let your team know and help them get a better understanding of how Xero helps power small businesses around the globe.

Tradie Start Up Guide: Free to download today

contractor and tradie startup guide

Ready to create and grow a business where you can be the boss? Then you’ll need this!

Our simple guide to going starting a trade or construction business covers how to set up your own business, what you need to know to get started, creating a one-year basic plan and some of the systems you’ll need to succeed – all tailored for New Zealand tradies.
Get this easy read online book for free and you’ll discover how to launch yourself from tradie to independent business owner.
https://smefinancial.co.nz/tradiesguide/

Xero’s Starter Plan just got better

Xero Starter Plans for SMEs

It’s been a tough year for small Kiwi businesses, so it’s always nice to get a little bit of good news. Last month Xero announced changes to its Starter plan, the entry-level Xero monthly subscription – a way to support small businesses during the pandemic as on-the-go accounting is more important than ever.

Check out the upgrades to the Xero Starter plan, effective from September 14, 2020:

Previously

Now

Bank reconciliations

Limited to 20 per month

Unlimited

Invoices

Limited to 5 per month

20 per month

The Starter plan is $27.50 per month, although new users can pay $13.75 per month for the first four months – and you can try Xero for free for 30 days. Remember that if you’re an SME Financial client, you get a discount on your Xero subscription, which we pass onto you.

The bank reconciliation feature keeps your numbers accurate, and you can set up bank rules to automatically reconcile regular transactions, saving you time. You also have Hubdoc, which means you can automatically get bills and receipts into Xero, making reconciliation easier. With the new higher limit on invoices, the Starter pack means you can send an invoice almost every working day of the month. Check out this video for invoicing shortcuts, and don’t forget to set up automatic reminders to help you manage outstanding accounts.

With these changes, the Starter plan is perfect for small businesses. It is designed to provide you with the flexibility to grow, at an affordable price. The Starter plan might be ideal if you’re a sole trader, a freelancer, contractor or tradie. It might even work if you’re a better-established small business owner doing only a small number of invoices each month. A few of our clients are switching from the Standard plan at $60 per month down to the Starter and saving themselves over $30 a month.

SME Financial is a Xero Gold Partner, which means our team gets a high level of training and support from Xero. We pass on that knowledge to our customers through our Xero training services and ongoing Xero support.

You can explore all the features here, and the changes are already in place so if you’re currently a Starter pack user you can start using them right now.

Questions about Xero? Wondering whether you’re in the right plan for your business needs? We can help. Get in touch with SME Financial today.