MYOB

myob.com ↗

Australian business accounts with cash-flow, stock and invoice tools

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80/100
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Answers use saved listing facts and recorded sources.
Homepage screenshot
Screenshot of the MYOB homepage

What it does

MYOB provides accounting and related business software for Australia and New Zealand. Its Australian range runs from a mobile sole-trader app to accounting with inventory, payroll and multi-currency options. Features, employee allowances and trial availability depend on the selected product.

MYOB connects stock decisions with accounting. Import inventory or create items, select products to replenish and generate supplier purchase orders. Sales orders can reserve stock before a customer pays. Choose a plan with the inventory scope you need before building that process around it.

The Australian pricing page shows these standard charges after introductory offers:

Product Standard published charge Key distinction
Solo AUD 99 per year Mobile app for one user, with up to two bank connections
Business Lite AUD 315 per year Browser access; payroll for up to two employees costs extra
Business Pro AUD 70 per month Unlimited bank connections; employee payroll is charged separately
AccountRight Plus AUD 165 per month Unlimited inventory and payroll included

Lite and Pro payroll adds AUD 3 per employee per month. Unlimited inventory is an additional AUD 22 per month on those plans. Premier adds functions including multiple currencies and another business file.

The page offers 14-day trials for Pro and AccountRight Plus. Use the Australian edition when comparing these limits and prices; New Zealand products have their own offer. Accountant access can bring the bookkeeper into the same records, while the chosen plan determines the available reports and operating tools.

Strengths

  • Stock items connect with purchase orders
  • Accountant or bookkeeper access alongside business records

Watch out for

  • Payroll and unlimited inventory add to Lite or Pro subscription charges
  • Multi-currency work requires AccountRight Premier

Best for

  • Australian businesses coordinating accounts with stock and sales

Sources