MYOB

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About MYOB

Deep Dive with Clara AI

MYOB is designed locally, for local businesses, working with the ATO so you’re always up-to-date. The software tracks when clients receive and open your invoices. Manage bills and expenses, then pay staff in just a few clicks. Stay up-to-date with tax as you go: no more scrambling. You can work with your accountant or bookkeeper in the software, wherever you are. Automatically update your tax tables, calculate your GST, PAYG and run reports for your BAS. Clients can use a credit card to pay directly from your invoices no fuss. Even managing customers and suppliers is a piece of cake.

Screenshots & Videos

Pricing

Free Trial Available
Starts at $5.50.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%
Reviews

81%
Momentum

69%
Popularity

88%

Platforms Supported

Browser Based (Cloud)
Mobile App (Android, iOS)
Desktop App (Windows, Mac)

Organization Types Supported

All (Small, Medium, Large)
Individuals

API Support

Available

Modes of Support

24/7 (Live rep), Online

MYOB Features

Show Feature Explanation

Show Missing Features

Accounting Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%

Payroll Management

Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Budget Forecasting

Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.

MYOB Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Subscription )

Solo by MYOB $5.50 $5.50 per month

$5.50 per Month ($11 per Month after offer period)

$12 per Year ($99 per Year after offer period)

The all-in-one mobile app for sole operators, freelancers, and the self-employed.

Features

Automated tax and GST tracking
Create and send unlimited invoices
Enable in-person payments with Tap to Pay

Start Free Trial

MYOB Business Lite $34.00 $34.00 per month

$17 per Month ($34 per Month after offer period)

$61.20 per Year ($306 per Year after offer period)

For sole traders and small business with up to 2 employees.

Features

Track GST and lodge BAS
Manage inventory and orders
Add payroll for up to 2 employees (extra $2/month per employee)

Start Free Trial

MYOB Business Pro $63.00 $63.00 per month

$31.50 per Month ($63 per Month after offer period)

$113.40 per Year ($567 per Year after offer period)

For small to medium businesses with multiple employees.

Features

Connect unlimited bank accounts
Create and send sales orders
Add payroll for unlimited employees (extra $2/month per employee)

Start Free Trial

MYOB Business AccountRight Plus $150.00 $150.00 per month

$75 per Month ($150 per Month after offer period)

$675 per Year ($1350 per Year after offer period)

For established businesses needing to fast track pay runs and inventory.

Features

Unlimited inventory
Priority support
Unlimited payroll at no extra cost
Use multiple currencies
Add another business

Start Free Trial

MYOB Business Payroll Only $9.00 $9.00 per month

$9 per Month ($12 per Month after offer period)

For businesses that need standalone payroll for up to 4 employees

Features

Simple pay runs
Direct reporting to the ATO
Automated tax compliance
Automated superannuation contributions
Online employee onboarding
Automated annual leave calculations

Start Free Trial

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 21/08/2025 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about MYOB Pricing

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MYOB Reviews

User Rating

2.8/5 (Based on 182 Ratings)

Rating Distribution

Excellent
41.8%
Very Good
2.7%
Average
0.5%
Poor
1.1%
Terrible
53.8%

User Sentiments

Live Chat Support, Helpful Customer Service, Easy to Use, Comprehensive Reporting

Software Bugs, Poor Bank Feed Integration, Inadequate Mobile App, Outdated User Interface

Do You Use MYOB?

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Review Summary

Users appreciate the user-friendly interface, extensive features, and ease of use for various business functions, including accounting, invoicing, inventory management, and payroll. MYOB's customer support is praised for its responsiveness and helpfulness. Some users have reported occasional glitches and technical issues, as well as concerns about pricing transparency and the need for additional training resources. Overall, MYOB is considered a reliable and comprehensive solution for small business management, offering a wide range of features and generally positive user experiences.

Pros

Intuitive interface simplifies accounting tasks for small businesses and entrepreneurs.
Streamlined features for invoicing, inventory management, and tax compliance.
Mobile app enables users to access their financial data and perform tasks on the go.

Cons

Limited customer support options, particularly for troubleshooting complex issues.
Occasional software glitches and performance issues reported by some users.
Steep learning curve for users unfamiliar with accounting principles and software.

MYOB Reviews

AI-Generated from the text of User Reviews

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