Lexware Office vs MYOB Comparison
Compare Lexware Office vs MYOB features, pricing, and more.
Last updated: November 2026
Lexware Office
6.7/10
A German cloud tool for bookkeeping, invoicing, receipt capture, VAT filing and optional payroll, made for freelancers and small businesses.
MYOB
6/10
MYOB offers accounting, payroll, and tax compliance software for small and medium businesses in Australia and New Zealand, from sole traders to multi-entity firms.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.7/10 | 6/10 |
| Scalability | 4/10 | 6/10 |
| Analytics | 4/10 | 5/10 |
| Compliance | 8/10 | 8/10 |
| Integration | 7/10 | 5/10 |
| Security | 7/10 | 7/10 |
| Support | 6/10 | 4/10 |
| Cost | 8/10 | 6/10 |
| Customization | 4/10 | 5/10 |
| Ease of Use | 8/10 | 6/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | €8/mo S | A$8/mo Solo by MYOB |
| Estimated cost for 10 users | €8/mo S | A$26/mo Lite |
| Features | ||
| Inventory Accounting | ||
| Multi-currency | ||
| Multi-entity Consolidation | ||
| Bank Reconciliation | ||
| Financial Reporting | ||
| General Ledger | ||
| Invoicing | ||
| Payroll | ||
| Tax Compliance | ||
| Accountant Access | Not listed | |
| Expense Management | Not listed | |
| Online Payments | Not listed | |
Lexware Office vs MYOB cost by team size
| Team size | Lexware Office | MYOB |
|---|---|---|
| 1 user | €8/moS | A$8/moSolo by MYOB |
| 5 users | €8/moS | A$26/moLite |
| 10 users | €8/moS | A$26/moLite |
| 25 users | €8/moS | A$26/moLite |
| 50 users | €8/moS | A$26/moLite |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Lexware Office
- Higher Integration score (7/10 vs 5/10)
- Higher Support score (6/10 vs 4/10)
- Better fit for freelancers (9/10 vs 7/10)
Why choose MYOB
- Higher Scalability score (6/10 vs 4/10)
- Higher Analytics score (5/10 vs 4/10)
- Includes Inventory Accounting, which Lexware Office lacks
- Includes Multi-currency, which Lexware Office lacks
- Includes Multi-entity Consolidation, which Lexware Office lacks
Pros & Cons
Lexware Office
Pros
- Users on OMR Reviews and testers on Experte.de describe receipt scanning and bank matching as fast and easy to set up.
- Creates ZUGFeRD and XRechnung e-invoices and files VAT returns directly to ELSTER.
- Every plan can be cancelled monthly, and users are unlimited according to Für-Gründer.
- Tax advisor access and DATEV export make it easy to hand the books to an accountant.
- An optional payroll add-on handles social security and tax filings for up to 50 employees.
Cons
- Invoices can only be issued in euros.
- Cannot manage several companies, and has no approval workflow and no cost-centre reporting.
- Bookkeeping and VAT returns need the L plan, and recurring features need higher tiers.
- Users report bank connections that drop and support that is hard to reach by phone.
- There is no postal invoice sending and no built-in time tracking.
MYOB
Pros
- BAS lodgement and GST tracking are built for Australian Taxation Office rules, so local businesses need no extra compliance tool.
- Payroll and inventory are native features at lower price points than many rivals that rely on add-on apps.
- There is no lock-in contract, and new customers get large introductory discounts.
- The security page lists ISO 27001 and PCI DSS, and logins support passkeys and two-factor authentication.
- The plans scale from a mobile-only sole trader app up to multi-currency, multi-business desktop and cloud editions.
Cons
- Users on Trustpilot and Capterra report bugs, dropouts and problems after updates or forced migrations.
- Support gets mixed reviews, with complaints about long waits and unresolved issues, and one comparison says there is no phone support.
- Its third-party integration ecosystem is smaller than Xero's, and developers have complained about the cost of API access.
- Multiple currencies and multiple businesses require the top Premier plan, whose price isn't published.
- Its ratings on comparison sites trail Xero's, for example 3.6 versus 4.4 on G2 as cited by Envoice.
Not sold on either?
Frequently Asked Questions
Lexware Office scores higher on our Finance Software criteria: 6.7/10 against 6/10 for MYOB. The largest gap is in Cost: 8/10 for Lexware Office and 6/10 for MYOB.
No, neither Lexware Office nor MYOB lists a free plan.
Lexware Office is the better fit for freelancers: we rate it 9/10 for them, against 7/10 for MYOB.
MYOB has Inventory Accounting, Multi-currency and Multi-entity Consolidation, which Lexware Office lacks.
