Partner subscription plans
If you run or are part of an accounting, bookkeeping, or tax organization, Xero has an awesome partner program. A main benefit of being a Xero partner firm is having access to its partner subscription plans.
There are two Xero partner plans you can choose from:
- Ledger
- Cashbook
Each plan has its own value and potential benefits for your firm. We will dive into the differences between each plan in the next section.
Partner subscription plan comparisons
The Xero Ledger plan is just that – a ledger. It has the most basic features, a reporting function, and the ability to post manual journals, which we will dive into later in Chapter 11.
Firms that use the Ledger plan are usually early in their Xero adoption, capture client financial details in order to use the Xero reporting function, or use the extensive app marketplace to add value or efficiency to their workflow.
Cashbook, the remaining partner plan, is one of my favorites and the other plan most of my clients use. This plan is similar to the Growing plan with the invoicing and purchasing functions removed. In the following figure, we can see the Xero partner plans side by side:
Figure 1.2: Xero partner-only plans
Xero has a subscription plan for you and your business, whether you work with a Xero advisor or not.