Back in March 2024, we introduced GoCardless Direct Debit for all Xero Business Edition subscriptions to make things easier for our clients.
With recent changes to Xero pricing, and our updated invoicing timing, it’s a good time to revisit how Direct Debit can save you a bit of admin each month.
Why make the switch?
If you’re currently paying via Automatic Payment, you’ll need to manually update the amount anytime there’s a pricing change or adjustment to your invoice.
By moving to GoCardless Direct Debit, the correct amount is automatically debited from your nominated bank account on the invoice due date, no updates needed, no risk of over or underpaying.
It keeps things clean, accurate, and one less thing on your to-do list.
How it works
When you receive your Xero subscription invoice, simply click the “Review and pay” button at the top.
From there, follow the prompts to enter your name (or company name) and bank account details. This sets up a recurring Direct Debit that matches your monthly invoice.
You’ll receive your invoice as usual before anything is debited, so you’ll always have visibility of any changes. The Direct Debit just takes care of paying the invoice on the due date, no surprises.
Once completed, you’ll receive a confirmation email along with your Direct Debit mandate.
A couple of quick things to note
If you switch to Direct Debit, remember to cancel any existing Automatic Payments to us
This option applies to Xero subscription fees only (not accounting, GST, trust admin, or payroll services)
You can cancel your Direct Debit at any time
There are no fees for using this payment method
Need a hand?
If you’ve got any questions or want help getting set up, flick us an email at accounts@accounted4.co.nz we’re happy to help.
You can also view GoCardless’ privacy notice here: https://gocardless.com/privacy/
Please note: this option is only available for clients currently paying their Xero Business Edition subscriptions monthly.
