Operations · Payments, billing and finance

MYOB

Australian accounting and payroll software for small and medium businesses

Australian-foundedBest fit: SME · Mid-market
Visit MYOB

Pricing · Alternatives · All tools

At a glance

MYOB is Australian accounting and payroll software. Its MYOB Business range (Lite, Pro and AccountRight Plus and Premier) covers GST and BAS lodgement, invoicing, bank reconciliation, payroll, timesheets and inventory, and AccountRight can run on desktop as well as online.

Category
Payments, billing and finance
Best fit
SME · Mid-market
Pricing
See pricing below
In Adam’s stack
No

Who MYOB is best for

Australian small and medium businesses that want payroll-heavy or inventory-heavy accounting built around local tax rules, especially those with many employees or that prefer a desktop option. A good fit when you want unlimited payroll included at the AccountRight Plus level.

Key features

  • GST tracking and BAS lodgement
  • Payroll with timesheets and rosters
  • Bank feeds and Smart Reconciliation (beta)
  • Inventory and sales orders
  • AccountRight available on desktop, web and the MYOB Assist app
  • No lock-in contract

Why it’s worth it

It is built specifically for Australian compliance, and its higher plans include unlimited payroll and inventory, which can work out cheaper than per-employee charges for staff-heavy businesses.

Things to consider

  • Lite and Pro charge payroll per employee, and Lite is capped at 2 employees
  • Multi-currency needs AccountRight Premier
  • Smaller app ecosystem than Xero, so check that your other tools integrate

For Australian businesses

MYOB was founded in Australia and is headquartered in Melbourne. Its products are built for Australian tax, GST, BAS and Single Touch Payroll requirements, and it offers local support.

MYOB pricing

Pricing as published by MYOB

Business Lite A$315/year. Business Pro A$70/month. AccountRight Plus A$165/month. Payroll Only A$15/month (up to 4 employees). Payroll A$3/employee/month on Lite and Pro. Introductory discounts for new customers. Premier pricing not shown.

Source: myob.com/au/pricing. Checked 8 October 2026. Prices change often, so confirm on the vendor’s site before you buy.

Alternatives to MYOB

Other tools listed under Payments, billing and finance. Tools from Adam’s stack are marked.

  • Stripe

    In Adam’s stack

    Online payments, invoicing and subscriptions

    SMEMid-marketEnterprise

  • Airwallex

    In Adam’s stackAustralian

    Multi-currency accounts, FX and company cards

    SMEMid-marketEnterprise

  • Xero

    Cloud accounting loved by Australian small businesses

    SMEMid-market

  • QuickBooks Online

    Widely used cloud accounting

    SMEMid-market

  • Chargebee

    Subscription billing and revenue operations

    SMEMid-marketEnterprise

  • Square

    Payments in person and online

    SMEMid-market

  • Wise Business

    Low-cost international transfers and accounts

    SMEMid-market

  • Paddle

    Merchant of record for software companies

    SMEMid-market

FAQ

MYOB: common questions

Is MYOB Australian?

Yes. MYOB was founded in Australia, is headquartered in Melbourne and builds its software around Australian tax and payroll rules.

How much does MYOB cost?

MYOB Business Lite is A$315 a year, Business Pro A$70 a month and AccountRight Plus A$165 a month, with introductory discounts for new customers.

MYOB vs Xero?

MYOB is Australian-built with strong payroll, inventory and a desktop option. Xero is cloud-only with a larger app marketplace and is widely used by accountants.

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