MYOB Business logo

MYOB Business

by MYOB · Since 1991
No reviews yet
Active2+ countriesCloud
Quick facts
VendorMYOB
Year launched1991
StatusActive
LocationCremorne, Victoria
Countries served2+
Languages1
Integrations5+
Free tierN/A
Free trialN/A
Contact salesN/A

About MYOB Business

MYOB Business is MYOB’s browser-based accounting product for small businesses, supported alongside the desktop MYOB AccountRight line. It’s designed for day-to-day bookkeeping—issuing invoices, recording expenses, and tracking cash flow—with guided support content for setup and troubleshooting. MYOB’s ecosystem is strongest in Australia/New Zealand, where editions and connected services often align to local payroll and tax needs, so exact capabilities depend on plan and region. Key capabilities: • Invoicing and receivables tracking Expense capture and bank transaction matching Business reporting and insights Owner/accountant collaboration access Migration/support options across MYOB products Best for: small businesses already in the MYOB ecosystem that want cloud bookkeeping with local support.

MYOB Business by MYOB is a versatile and comprehensive accounting software designed to cater to the needs of small to medium-sized businesses (SMBs). Its primary function is to simplify and automate key financial tasks, such as invoicing, payroll, expense tracking, and reporting. This makes it an ideal choice for businesses seeking to streamline their financial management processes while maintaining accuracy and efficiency. The software’s standout features include automated bank feeds, multi-currency support, and project management tools, which provide businesses with the flexibility to manage various aspects of their operations in one platform. The user interface of MYOB Business is a significant strength, as it is both clean and intuitive, making it accessible even to users with limited accounting knowledge. The dashboard offers a clear overview of a business's financial health, allowing for easy navigation to essential functions like invoicing and payroll. The inclusion of customizable widgets and a straightforward menu layout further enhances the user experience, enabling users to tailor the software to their specific needs and preferences.

Pros & Cons

Pros
  • User-Friendly Interface
  • Comprehensive Features
  • Scalability
  • Integration Capabilities
  • Strong Support
Cons
  • Cost
  • Complexity
  • Limited Customization
  • Regional Availability
  • Learning Curve

Features

Key features

Payroll Integration

Comprehensive payroll features across all pricing tiers.

Bank Feeds

Automated daily bank feeds for transaction processing.

In Tray

Optical character recognition (OCR) for easy data entry and digital document storage.

Reporting

Basic yet functional reporting tools.

App Integration

Mobile app for invoicing and quoting on the go.

Additional features

Invoicing

Create and send invoices directly from the software.

Expense Tracking

Manage and categorize business expenses.

Project Management

Track project costs and profitability.

Inventory Management

Track stock levels and costs.

Multi-Currency Support

Handle transactions in multiple currencies (specific to higher tiers).

GST/VAT Management

Simplifies tax calculations and compliance.

Time Billing

Track billable hours and generate invoices accordingly.

Customizable Reports

Generate financial reports tailored to business needs.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Lite
USD 31/mo
billed monthly
Pro
USD 58/mo
billed monthly
Accountright Premier
USD 88.5/mo
billed monthly

Countries & Languages

2
Countries served
1
Interface languages
2
Billing currencies

Available in

AustraliaNew Zealand

Interface languages

English

Billing currencies

🇦🇺AUD🇳🇿NZD

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