MYOB
6/10MYOB offers accounting, payroll, and tax compliance software for small and medium businesses in Australia and New Zealand, from sole traders to multi-entity firms.
Data last updated November 2026 · Our methodology
Overview
MYOB is an Australian accounting software company that has operated since 1991 and is owned by KKR. Its small business line runs from Solo, a mobile-only app for sole traders, through the Lite and Pro cloud plans to AccountRight Plus and Premier, which also run on desktop. All tiers cover invoicing, bank feeds, GST tracking and BAS lodgement with the Australian Taxation Office (ATO). The higher tiers add sales orders, unlimited inventory, timesheets, rosters and billing by time. Premier adds multiple currencies, multiple businesses and unlimited locations. Payroll costs extra on the lower plans at 5 AUD per employee per month. Lite is capped at two employees, Pro allows unlimited employees, and payroll is included in Plus. A standalone Payroll Only plan covers up to four employees. Prices are monthly subscriptions in AUD with no lock-in contract, and steep introductory discounts apply for the first few months. MYOB suits Australian and New Zealand businesses that want local tax and payroll compliance, native inventory and payroll, and accountant collaboration. Reviewers say its range of third-party integrations is smaller than Xero's, and developers have complained about the cost of API access. Its main limitation is reliability. Users report bugs after updates, forced upgrades and long support waits, and its ratings on comparison sites trail Xero's.
Our Rating
Who MYOB is best for
Good fit
The plans are built around Australian small business needs such as BAS lodgement, payroll and inventory.
Solo is a low-cost mobile app for sole traders, but it allows only one user and its plan can't be changed once chosen.
Less suited
MYOB sells tools for accountants, and plans from Lite up allow unlimited user profiles.
AccountRight Premier handles multiple currencies and businesses, but larger firms usually move to MYOB's separate ERP products.
Pros & Cons
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.
Key Features
MYOB Pricing
Solo by MYOB
or A$99/year
- Tap to Pay
- 1 user profile
- Mobile app only
- Simple reporting
- Up to 2 connected bank accounts
- Introductory offer of 12 AUD for the first year
Lite
or A$315/year
- 1 location
- Unlimited user profiles
- Web and MYOB Assist app
- Up to 10 product attributes
- GST tracking and BAS lodgement
- Up to 2 connected bank accounts
- Payroll for up to 2 employees at 5 AUD per employee per month
Pro
- 1 location
- Sales orders
- 14-day free trial
- Unlimited user profiles
- Web and MYOB Assist app
- Unlimited bank connections
- Up to 10 product attributes
- Payroll for unlimited employees at 5 AUD per employee per month
AccountRight Plus
- Bill by time
- Priority support
- 14-day free trial
- Timesheets and rosters
- Unlimited bank connections
- Desktop, web and MYOB Assist app
- Payroll for unlimited employees included
- Unlimited inventory and product attributes
AccountRight Premier
- Everything in Plus
- Multiple currencies
- Unlimited locations
- Add another business
Frequently Asked Questions
The Pro and AccountRight Plus plans show a 14-day free trial. Other plans are sold with introductory discounts instead.
No. MYOB's pricing FAQ says there is no minimum subscription period or lock-in contract.
Payroll costs 5 AUD per employee per month on Lite (up to 2 employees) and Pro (unlimited employees). It is included in AccountRight Plus, and a standalone Payroll Only plan costs 20 AUD per month for up to 4 employees.
Only AccountRight Premier includes multiple currencies, adding another business, and unlimited locations.
MYOB supports passkeys and two-factor authentication and uses encrypted channels for data in transit. Its security page cites ISO 27001 and PCI DSS.
No. MYOB states that the Solo plan can't be changed once it has been chosen.
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