MYOB

Best MYOB Alternatives

Compare 2 alternatives for 2026

MYOB helps businesses manage invoicing, payroll, expenses, taxes, inventory, and financial reporting in one platform.

Founded 1991Glen Waverley, Victoria, Australia1-100 EmployeesWeb, Windows, Mac
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Key Features

Accounts PayableAccounts ReceivableAdmin ControlsAlerts & NotificationsAsset ManagementAudit ManagementAutomatic Payment RemindersBackup & RestoreBank Reconciliation
Freemium

Top 2 MYOB competitors

Curated list of the best accounting software tools to replace MYOB

MYOB — Pros & Cons

Pros

  • Comprehensive payroll features, including Single Touch Payroll and superannuation for varied workforces.
  • Integrated inventory management tools provide significant control for businesses with high inventory demand.
  • Efficient invoicing and quote generation, supporting recurring invoices and digital document attachment in the cloud.
  • Robust bank feed reconciliation feature streamlines account balancing and improves BAS preparation accuracy.
  • The 'In Tray' feature automates data entry through OCR and centralizes digital document storage linked to transactions.

Cons

  • Limited third-party integrations and a smaller app ecosystem compared to competitors, leading to workflow challenges.
  • Outdated interface with clunky navigation, particularly for advanced features and report generation, creating a steeper learning curve.
  • Reporting limitations, including basic customization options and difficulty generating consolidated financial statements.
  • Frequent complaints about customer support quality, including long wait times, unhelpful outsourced staff, and difficulty resolving issues.
  • Performance issues such as slowdowns, freezing during report production, and concerns regarding cloud-based access speed and offline file restrictions.

Feature Comparison

Compare MYOB with top alternatives side by side.

FeatureMYOBSage IntacctRillet
Pricing
Freemium
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Accounts Payable
Accounts Receivable
Admin Controls
Alerts & Notifications
Asset Management

“MYOB” Frequently Asked Questions

Common questions about MYOB alternatives

Xero, QuickBooks Online, Reckon One and Zoho Books are the main MYOB alternatives, with Sage Business Cloud and Odoo also used by Australian and New Zealand businesses.