Xero Promo Codes for Canadian Businesses

Understanding Xero Subscription Tiers (CAD Pricing)

Xero offers three main plans in Canada. All prices exclude tax (GST/HST); the appropriate rate is applied at checkout based on your province.

Plan	Starter	Standard	Premium
Monthly Cost	CAD $15	CAD $30	CAD $50
Invoices	Up to 20/month	Unlimited	Unlimited
Bills	Up to 5/month	Unlimited	Unlimited
Bank Recs	Unlimited	Unlimited	Unlimited
Multi-Currency	✗	✗	✓ (up to 10 currencies)
Projects	✗	✓	✓
Payroll	Add-on (from CAD $6/user)	Add-on (from CAD $6/user)	Add-on (from CAD $6/user)

Xero’s Key Features (Canada Edition)

1. Automated Bank Feeds & Reconciliation
   • Connect directly to RBC, TD Canada Trust, BMO, Scotiabank and CIBC.
   • Transactions import daily; custom categorisation rules speed up reconciliation and reduce manual entry.
2. GST/HST & CRA Compliance
   • Pre-configured tax codes for GST (5 %) and HST (varies by province).
   • Generate GST/HST returns in CRA-approved format; Xero reminds you of filing deadlines so you never miss a remittance.
3. Payroll & CRA-Compliant Filings
   • Integrates with local payroll providers (Ceridian, Wagepoint, Rise People) to calculate CPP, EI and income tax deductions.
   • Automatically prepare and file T4, T4A and T5018 summaries for CRA, plus ROE submissions when needed.
4. Professional Invoicing & Payments
   • Customise branded invoice templates including your Business Number (BN), payment terms and late fees.
   • Built-in support for online payments: accept credit cards (Stripe, Square), Interac e-Transfers and Moneris.
   • Automated invoice reminders reduce days sales outstanding and improve cash flow.
5. Real-Time Reporting & Dashboards
   • Live Profit & Loss, Balance Sheet, Cash Flow and Aged Receivables/Payables.
   • Sales tax liability report shows how much you owe to CRA—updated daily.
6. Hubdoc Receipt Capture (Included)
   • Snap receipts with the mobile app or forward digital invoices to Hubdoc. Its OCR extracts vendor, date and amount, creating draft bills in Xero—ready for approval.
   • Simplifies expense tracking and ensures you’re audit-ready at tax time.
7. Mobile App (iOS & Android)
   • Issue invoices, reconcile bank lines and capture expense receipts from anywhere—even on job sites or at trade shows.
   • Push notifications alert you to unpaid invoices, bank feed errors and impending tax deadlines.
8. 1,000+ App Integrations
   • Canadian favourites:
     • Wagepoint & Ceridian Dayforce: Full payroll and T4/T4A integration.
     • Moneris: Local payment gateway for in-store and online transactions.
     • Spotlight Reporting: Advanced forecasting and multi-entity consolidation.
     • Shopify & WooCommerce: Seamless e-commerce sync.
   • Global staples: PayPal, Stripe, Gusto and more.
9. Multi-Currency & Multi-Entity (Premium Plan)
   • Invoice clients in USD, EUR, GBP and more (up to 10 currencies) with daily-updated exchange rates.
   • Manage multiple Canadian entities or subsidiaries under one login—ideal for franchise operators or holding companies.

Pros & Cons for Canadian Businesses

Pros

• CRA-Compliant by Default
  Pre-configured GST/HST tax codes and CRA-approved reporting make tax time far less stressful.
• Seamless Local Payroll Integration
  Xero’s partnerships with Canadian payroll providers ensure accurate CPP, EI and income tax deductions, and automated T4/T4A filings.
• Intuitive, Cloud-First Design
  Even non-accountants can generate invoices and reconcile bank feeds within minutes. The dashboard surfaces key metrics at a glance.
• Mobile & Remote Access
  Manage your books from anywhere—ideal for contractors, freelancers and mobile service providers.
• Scalability
  Start as a sole proprietor and grow to an SME with multi-entity and multi-currency capabilities—no platform migration required.

Cons

• Add-On Costs Can Accumulate
  Payroll seats (from CAD $6/user), additional users, advanced analytics or third-party integrations each carry extra monthly fees. Factor these into your budget.
• Learning Curve for Complex Scenarios
  Multi-entity consolidations, advanced forecasting or in-depth project tracking may require a Xero-certified advisor or dedicated training.
• No Offline Mode
  Entirely cloud-based—requires an internet connection to reconcile transactions or generate reports. (The mobile app allows offline invoice drafting, but full reconciliation needs online access.)

Xero vs. Canadian Alternatives

Below is a cost-and-features comparison between Xero (with a 90 % discount plus Bonus $150 Amazon Voucher), QuickBooks Online Canada and Wave—highlighting key points that matter to Canadian small businesses.

While Wave’s free tier is attractive for freelancers, it lacks multi-currency and robust payroll features. QuickBooks Online Canada is solid, but Xero’s combination of cost-effective promotion, Hubdoc automation, and strong CRA-compliance usually delivers greater long-term value. Even after the 50% discount expires, Xero remains highly competitive—particularly for businesses that need multi-currency invoicing or advanced forecasting.

Real Canadian Businesses, Real Savings

Frequently Asked Questions

Q: Can I use the 90% off for 6 Months discount code plus Bonus $150 Amazon Voucher if I’ve already tried Xero’s free trial?
A: Yes. The 30-day free trial is a separate promotion. As long as you’ve never held a paid Xero subscription before, you qualify for the 90% discount— even if you previously used the trial.

Q: What happens after my four-month discount ends?
A: Your subscription reverts to the standard rates listed in the “Subscription Tiers” table above. You can upgrade, downgrade or cancel at any time—no penalties or hidden fees.

Q: How does Xero handle GST/HST rates for different provinces?
A: Xero includes pre-configured tax codes for GST (5 %) and HST (varying by province). It automatically calculates taxes on sales and purchases, and generates CRA-approved returns for your filing frequency (monthly, quarterly or annually).

Q: Does Xero support T4 and T4A filings?
A: Yes. Xero integrates with Canadian payroll providers (Wagepoint, Ceridian Dayforce, Rise People) to calculate CPP, EI and income tax deductions. It automatically prepares and e-files T4, T4A and T5018 summaries for CRA, plus ROE submissions when required.

Q: Are there any industry-specific Xero apps recommended for Canadian businesses?
A: Certainly. Popular Canadian add-ons include:

• Wagepoint & Ceridian Dayforce: Full CRA-compliant payroll.
• Moneris: Local payment gateway for in-store and online transactions.
• Spotlight Reporting: Advanced forecasting and multi-entity consolidation.
• Shopify & WooCommerce: Seamless e-commerce sync.

For Canadian businesses—from sole proprietors to growing SMEs—Xero’s combination of automated bank feeds, CRA-compliant GST/HST workflows, mobile convenience, and multi-currency support makes it the clear choice. And with our exclusive 90% off for 6 Months discount, there’s never been a better time to switch.