As our pay-monthly fees are essentially annual fees broken into monthly installments it would be unfair if new businesses could join in, say, March and enjoy the full year service for the cost of one month.
So we back-date the fee to the start of trading or financial year, if earlier. This fee is then charged at the start of our relationship and effectively brings the business up-to-date with their fees.
However, in fairness, we do discount the rates charged as we don’t necessarily have the same level of costs involved in only providing services for part of the year. These costs will most likely be software costs for Xero and we shall deduct these from the charge for the prior months. That way it is fairest for you and us. If you’d like to know more then please choose a package and ask for a quote.