MYOB
Accounting Verified May 2026
MYOB review 2026: the AU/NZ accounting stalwart still worth it for compliance-heavy small businesses.
- Native ATO integration for BAS, GST and Single Touch Payroll (STP)
- Bank feeds from all major AU/NZ banks connect reliably
- AccountRight handles complex inventory and manufacturing scenarios
- Strong local support team familiar with AU/NZ tax obligations
How MYOB scored 55/100
6 weighted criteria, each scored out of 10 and published with its reasoning. Featured placements never move a score.
Deal Strength
3.0 /10The listing confirms MYOB's real pricing but carries no coupon, no credits and no exclusive rate. It is verified information about public prices rather than a discount you can spend.
Value for Money
5.0 /10Tiers start at AUD $27/mo and MYOB costs more than Xero. What comes back is deeper inventory, stronger job costing and gold-standard A/NZ compliance, which pays off only if you need that depth.
Capability
8.0 /10MYOB is a full cloud accounting ecosystem with built-in BAS, GST and STP payroll, one-click BAS and GST lodgement, 150+ reports, deeper inventory and stronger job costing than most rivals in its market.
Time to Value
5.0 /10MYOB publishes no setup timings, and its UI updates are slower than rivals'. Treat it like any business accounting migration: days of configuration before the books genuinely run on it.
Trust & Reliability
8.0 /10MYOB says more than a million people use it, and it has collected Australian Business Awards, Fintech Australia Finnies and SaaS Awards recognition. It publishes no uptime or SLA figures, so judge it on that record and its compliance focus.
Flexibility & Exit
5.0 /10MYOB publishes no billing terms, cancellation rules or export detail for these tiers. For an established accounting platform, expect ordinary subscription terms and basic data export, and confirm before you migrate.
About MYOB
Quick answer
MYOB is a locally-built, compliance-first accounting platform ideal for Australian and New Zealand small businesses that need built-in BAS, GST and STP payroll. It costs more than Xero (entry plans start roughly in the high-$20s AUD/month) but rewards you with deeper inventory, stronger job costing, and an accountant portal that bookkeepers genuinely like. Best for product-based and payroll-heavy SMBs; less ideal for solo freelancers chasing the lowest sticker price.
Doing business in Australia or New Zealand means wrestling with BAS lodgements, STP payroll, GST reconciliations and Single Touch payroll rules — and a US-built ledger will only get you so far. That's the entire reason MYOB (Mind Your Own Business) has stayed on the A/NZ shortlist for three decades. In this MYOB review for 2026 we dig into MYOB pricing, the real-world feature set, and whether an active MYOB coupon or deal makes it a smarter buy than Xero or QuickBooks for your business.
What is MYOB? A 40-year accounting veteran built for A/NZ
MYOB began in 1981 as a desktop ledger for Australian bookkeepers and has evolved into a full cloud accounting ecosystem. Today the suite is split across MYOB Business (the SMB flagship), MYOB Essentials (lighter invoicing-led plan), and MYOB Advanced (mid-market ERP). Underneath sits a chart of accounts, tax codes and reporting templates that are pre-mapped to ATO and IRD requirements — which is the entire reason it keeps winning the "what does my accountant recommend?" question across Australia and New Zealand.
For a small business the day-to-day experience revolves around three jobs: sending invoices, reconciling the bank feed, and lodging BAS or payroll. MYOB handles all three natively, with no third-party add-on required. That vertical integration is what differentiates it from US imports that bolt on GST or STP as afterthoughts.
One-click BAS & GST
Generate Business Activity Statements with prefilled labels (1A, 1B, G1, G10, G11 etc.) and lodge via the ATO's Standard Business Reporting channel. GST-only reports for NZ are equally painless.
STP-ready payroll
Single Touch Payroll is built in, with automated pay runs, superannuation calculations, employee self-service via the MYOB Team app, and direct ATO/IRD reporting.
Bank reconciliation & rules
Live bank feeds from the Big Four AU banks plus ANZ, NAB, CBA and Westpac in NZ. Set coding rules once and MYOB auto-categorises recurring transactions.
Inventory & job costing
Track stock across multiple locations, set reorder points, and allocate income/expenses to jobs or projects — a feature that tradies and construction firms rave about.
150+ financial reports
Profit & loss, balance sheet, GST/BAS summaries, cash flow, sales-by-customer and department reports. Build custom layouts in the report centre.
Accountant & bookkeeper access
Invite your advisor with a single log-in. They get the same data plus extra tools like ledger journals, period locking, and file exchange.
Key features that matter to small business owners
The MYOB feature list reads like a checklist for an Australian SMB. Multi-currency support is included on Business plans (useful if you sell on Amazon AU or trade with SE Asia), and the mobile app lets you snap receipts, send invoices on the road and approve timesheets. Recurring invoices and bill management handle subscription-style or retainer clients, while billable expense tracking reimburses you for things like fuel or materials without manual data entry.
For ecommerce operators, MYOB connects to Shopify, WooCommerce, eBay and Amazon via the MYOB API and a handful of approved connectors. It's a less mature ecosystem than Xero's app marketplace, but the core integrations (Stripe, PayPal, Square, Tyro, Zeller) cover the typical Aussie SMB stack.
MYOB pricing explained: plans, add-ons and hidden costs
MYOB pricing comes in three core SMB tiers, billed monthly or with a small discount on annual prepay. Always verify the current rates on the MYOB site because regional promos change frequently.
- MYOB Essentials — from ~A$25/month. Invoicing, expenses, GST, bank feeds and BAS. Capped at one user and limited reporting. Best for sole traders and freelancers asking "how much does MYOB cost for the basics?".
- MYOB Business Lite — from ~A$29/month. Adds multi-user, inventory, time billing, project tracking, and the mobile app. Sweet spot for most 1–10 person teams.
- MYOB Business Pro — from ~A$59/month. Multi-currency, multi-warehouse inventory, advanced reporting, and API access for custom integrations.
- Payroll add-on — ~A$10–$15/employee/month depending on the plan. STP, super and employee portal are included.
Watch for these potential extra costs: extra users (~$A$8–$A$10 per user/month), online payments processing fees, and the one-off data-conversion fee if you're migrating from Xero, QuickBooks or a desktop ledger like AccountRight. A 30-day MYOB free trial is available and is the easiest way to validate the platform before committing.
MYOB vs Xero, QuickBooks and FreshBooks: honest comparison
The question we hear most is "MYOB vs Xero — which one wins?" The short answer: Xero is cheaper and prettier, MYOB is deeper and more local. QuickBooks Online is the best choice for solopreneurs who want the slickest UI, and FreshBooks dominates for service businesses that live inside invoices. Here's how they stack up in 2026:
| Feature | MYOB Business | Xero Standard | QuickBooks Online Plus | FreshBooks Premium |
|---|---|---|---|---|
| Entry price (approx.) | ~A$29/mo | ~A$32/mo | ~A$60/mo (AU) | ~US$33/mo |
| BAS / GST lodged natively | ✅ | ✅ | Partial | ❌ (add-on) |
| STP payroll built-in | ✅ (add-on fee) | ✅ (add-on fee) | ✅ (AU only) | ❌ |
| Multi-currency | Business Pro only | All paid plans | Add-on | Add-on |
| Inventory w/ multi-location | ✅ | Standard & above | Plus & above | ❌ |
| Job/project tracking | ✅ | ✅ (Projects add-on) | Plus tier | ✅ |
| Accountant portal | ✅ | ✅ | ✅ | ✅ |
| Mobile receipt capture | ✅ | ✅ | ✅ | ✅ |
Who should use MYOB (and who should skip it)
MYOB is purpose-built for the A/NZ compliance environment, so the fit is wide but not universal. Here's a quick gut-check before you click that MYOB deal:
✓ Use MYOB if you:
- Run an Australian or New Zealand SMB and lodge BAS, GST or STP.
- Have 1–50 employees and need payroll with superannuation handled for you.
- Stock physical inventory across warehouses, vans or store locations.
- Work with an accountant or bookkeeper who already prefers MYOB.
- Need detailed job costing for construction, trades or professional services.
- Value local ATO/IRD support over a slicker (but US-built) UI.
✗ Skip MYOB if you:
- Operate entirely outside AU/NZ (QuickBooks or Xero have stronger global coverage).
- Are a solo freelancer who only needs to send 5–10 invoices a month.
- Need the cheapest possible plan (Xero Starter or Wave are cheaper).
- Rely on heavy third-party automation (Zapier, Make, n8n) — MYOB's API is solid but not as deep as Xero's.
- Want a fully native iOS-first experience — MYOB's mobile app is functional but dated.
MYOB coupon and deal: how to save in 2026
MYOB rarely publishes flashy public promo codes, but the savings opportunities are real. Annual prepay typically knocks 10–15% off the monthly rate, and first-year discounts of one to two months free are common during EOFY (June) and New Year campaigns. The best route to a genuine MYOB deal is through the MYOB Partner Program — your accountant or bookkeeper can often unlock waived setup fees or bonus payroll months. Always confirm the current promo on the MYOB website before you check out, and pair the trial with the free conversion credits that come with most annual plans.
What's included
- Direct ATO integration reduces tax compliance risk
- Bank feeds eliminate manual transaction entry
- Payroll built-in for Australian employment law
- Strong offline mode for unreliable connectivity
- SaaSTweaks-verified affiliate deal
- Vendor-direct activation flow
- Editorial pros + cons review
- Tracked savings claim with refresh date
MYOB pricing
Verified May 2026. Vendor's published rates at the time we checked — always confirm at checkout.
| Plan | Price | What you get |
|---|---|---|
| Business Lite | AUD $27/mo | Invoicing, expenses, bank feeds, BAS — up to 2 employees |
| Business | AUD $54/mo | Unlimited employees, payroll, inventory, job tracking |
| Business Pro | AUD $69/mo | Multi-currency, advanced reporting, project profitability |
| AccountRight Plus | AUD $75/mo | Desktop + cloud hybrid, advanced inventory, bill of materials |
Getting started
4 steps. The last one is the part most people skip.
- 1
Open MYOB through the link on this page
It carries our referral tag. The price you pay is identical either way, and it never changes the score on this page.
- 2
Compare the tiers against what you actually use
The pricing table on this page lists what each plan includes. Match it to real usage rather than the tier the vendor highlights.
- 3
Start on the smallest plan that fits
Most vendors let you move up mid-cycle and bill the difference, so starting low costs you nothing but starting high does.
- 4
Check the renewal terms before you commit
Note the renewal date and the rate it reverts to, so the second invoice is not a surprise. Annual plans are usually cheaper per month but harder to exit.
Where MYOB wins and loses
What works
- Native ATO integration for BAS, GST and Single Touch Payroll (STP)
- Bank feeds from all major AU/NZ banks connect reliably
- AccountRight handles complex inventory and manufacturing scenarios
- Strong local support team familiar with AU/NZ tax obligations
What doesn't
- Priced higher than Xero for equivalent tiers in the AU/NZ market
- AccountRight desktop/cloud hybrid can feel dated vs. pure cloud alternatives
- Interface less modern than Xero or QuickBooks Online
The bottom line
MYOB is a compliance-deep, premium accounting platform for A/NZ businesses, with verified pricing but no active discount, offering solid value at category norms.
Yes — STP Phase 2 reporting is included on Pro tier and above.
Yes. BAS and IAS lodgement is built in and goes directly to the ATO.
Business is fully cloud and suits service businesses. AccountRight has stronger inventory and multi-currency, with both desktop and cloud access.
Functionally close. MYOB has bundled payroll on most tiers and stronger inventory. Xero has a cleaner UI and a larger accountant network in Australia.
Yes — 30 days, no card required.
Yes. Headline pricing is introductory and steps up after about six months. Check the renewal rate before you commit.
