MYOB
The other big AU accounting option, deeper payroll and award support than Xero, but fewer integrations with trade tools. Check what your accountant prefers before picking sides.
Starting from
$27/mo
Free trial
30 days
Free plan
No
Overall rating
4.3/5 (1,280)
“Handles AU payroll and compliance better than Xero, but the interface feels dated and the ecosystem of third-party integrations is smaller. Worth it if your accountant prefers it.”
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Overview
MYOB (Mind Your Own Business) is an Australian institution, it's been the dominant small business accounting platform in Australia since the 1990s and remains the go-to choice for businesses that want deep local compliance without relying on cloud-first alternatives like Xero.
MYOB AccountRight handles accounts, invoicing, payroll (with Single Touch Payroll Phase 2), BAS, job tracking, and inventory. The cloud-based MYOB Business plans offer a lighter experience similar to Xero, while AccountRight remains the preferred option for businesses with inventory or complex payroll needs.
Strengths: Unmatched depth of AU compliance, STP2, award interpretation, BAS worksheets, and local payroll tables are baked in. MYOB has the deepest integration with the Australian tax system of any accounting platform. Strong inventory management at higher tiers. Many AU accountants have significant MYOB expertise.
Limitations: The desktop AccountRight product has a steeper learning curve than Xero. The cloud-based MYOB Business plans feel lighter and less polished than Xero. MYOB has fewer integrations with trade-specific tools than Xero, check your job management app's integration list before choosing.
The right choice for businesses with complex payroll, inventory, or whose accountant strongly prefers MYOB. Xero is often easier for businesses without those specific requirements.
Pros & Cons
What we like
- ✓Unmatched Australian compliance, STP2, award interpretation, BAS are all battle-tested
- ✓Deep inventory management in AccountRight that Xero can't match
- ✓Many AU accountants and bookkeepers have strong MYOB expertise
- ✓30-day free trial, longer than most competitors
- ✓Job tracking built in: no separate tool needed for job costing
Watch out for
- ✕Steeper learning curve than Xero, especially AccountRight desktop
- ✕Fewer integrations with popular trade job management tools than Xero
- ✕Customer support quality is inconsistently rated
- ✕Cloud experience (MYOB Business) less polished than Xero
Best for
AU trade businesses with complex payroll (award rates, apprentices), inventory management needs, or whose accountant has significant MYOB expertise.
Not ideal for
Businesses that value simplicity and modern UX above all. If your job management tool integrates better with Xero, start there.
Key Features
Frequently Asked Questions
Ratings
1,280 reviews
Source: Capterra
Checked April 2026
Pricing
2 users
Unlimited users
Unlimited users
MYOB pricing is in AUD. Introductory discounts are often available. Verify current rates at myob.com.
Technical
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