{"id":118807,"date":"2025-07-31T22:06:10","date_gmt":"2025-07-31T22:06:10","guid":{"rendered":"https:\/\/arielle.com.au\/?p=118807"},"modified":"2026-01-27T04:10:11","modified_gmt":"2026-01-27T04:10:11","slug":"myob-vs-quickbooks","status":"publish","type":"post","link":"https:\/\/arielle.com.au\/myob-vs-quickbooks\/","title":{"rendered":"MYOB vs QuickBooks &#8211; Which Is Best For Aussie SMBs?"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 8<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>\n<p>Online invoicing software is an invisible employee that helps your business run more efficiently. MYOB and QuickBooks are two of the most trusted names in <a href=\"https:\/\/arielle.com.au\/best-accounting-software-for-small-business\/\">accounting software for small businesses<\/a> &#8211; but which one deserves your hard-earned bucks?<\/p>\n\n\n\n<p>I\u2019ve done a deep dive into MYOB Business and QuickBooks Online plans aimed squarely at small-to-medium businesses (SMBs), including:<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">MYOB Business<\/a><\/strong> Lite, Pro, AccountRight Plus\/Premier.<\/li><li><strong><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"Quickbooks Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/quickbooks-accounting\/\" data-shortcode=\"true\">QuickBooks Online<\/a><\/strong> Essentials, Plus and Advanced.<\/li><\/ul><\/div><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>MYOB vs QuickBooks: At A Glance.<\/strong><\/h2>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">MYOB Is Best For:<\/th><th class=\"has-text-align-left\" data-align=\"left\">QuickBooks Is Best For:<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Growing businesses with payroll and inventory needs<\/strong> (you get unlimited payroll and advanced stock control).<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Small multi-currency businesses<\/strong> &#8211; included on all QBO plans, unlike MYOB (only on Premier plan).<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>User-friendly experience<\/strong> &#8211; smoother workflows and simpler interface.<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Mobile-first businesses<\/strong> &#8211; better all-in-one mobile app for core accounting tasks.<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>High-volume payroll<\/strong> &#8211; $2\/head vs QBO\u2019s $6\/head, with no cap on number of employees on higher plans.<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Ease-of-use and flexibility for different business types are the major draws of <a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">MYOB Business plans<\/a>. <\/p>\n\n\n\n<p>Especially if your headcount is expanding \u2014 as payroll processing comes built-in.<\/p>\n\n\n\n<p><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"Quickbooks Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/quickbooks-accounting\/\" data-shortcode=\"true\">QuickBooks Online (QBO)<\/a> is also a solid option. <\/p>\n\n\n\n<p>It\u2019s got a broad feature set, a healthy integrations ecosystem of over 800 third-party apps, and a useful mobile app for on-the-go admin.<\/p>\n\n\n\n<p>Both platforms digitise and automate a bunch of repetitive tasks you\u2019d rather not be doing. <\/p>\n\n\n\n<p>In particular, they simplify bank transaction reconciliations, sending invoices, paying bills\/suppliers, categorising expenses, and performance and tax reporting.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\">Important!<\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">Price-wise, they\u2019re pretty even: MYOB\u2019s lowest tier is cheaper, QBO\u2019s highest tier is cheaper.<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>So, what really separates one from the other?<\/p>\n\n\n\n<p>Differences in what\u2019s included on each plan could be a deciding factor for you. For instance:<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\"><strong>MYOB\u2019s<\/strong> three core plans<\/a> for growing SMBs give you unlimited user profiles, while QBO\u2019s three core plans limit you to 3, 5 and 25 users respectively.<\/li><li><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"Quickbooks Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/quickbooks-accounting\/\" data-shortcode=\"true\"><strong>QBO\u2019s<\/strong> plans<\/a> come with multi-currency accounting as standard \u2014 which is only included in MYOB\u2019s most expensive AccountRight Premier plan.<\/li><\/ul><\/div><\/div>\n\n\n\n<p>For me, user experience is the decider. QBO is more awkward and effortful \u2014 both visually and functionality-wise. <\/p>\n\n\n\n<p>It looks professional, but it\u2019s less appealing to use than MYOB. <\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>It works, but it makes workflows less smooth.<\/span><\/div><\/div>\n\n\n\n<p>I was also unimpressed with QBO\u2019s online help: many searches returned irrelevant results or broken links. <\/p>\n\n\n\n<p>Based on online chatter, its customer support via chat and phone is also hit-and-miss.&nbsp;<\/p>\n\n\n\n<p><strong>(Related: <a href=\"https:\/\/arielle.com.au\/return-on-equity\/\">How To Calculate Your Return On Equity (ROE)<\/a>.<\/strong><\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. Ease Of Use.<\/strong><\/h2>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MYOB<\/strong><\/td><td>9\/10<\/td><\/tr><tr><td><strong>QuickBooks:<\/strong><\/td><td>7\/10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>QuickBooks has a reputation with its fans for being a solid platform that rarely glitches. <\/p>\n\n\n\n<p>But it has put a number of long-term users offside in recent years with user interface (UI) changes that are less than intuitive.<\/p>\n\n\n\n<p>For example, there were multiple times I updated a setting or made a change \u2014 like adding a new \u2018service\u2019 category when doing an invoice \u2014 and it wasn\u2019t immediately reflected on-screen, making me wonder, <\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>\u201cDid I do that wrong?\u201d <\/span><\/div><\/div>\n\n\n\n<p>Nope, just had to refresh.<\/p>\n\n\n\n<p>Another example: when you\u2019re viewing a report, you can\u2019t vertically scroll down from anywhere on-screen. <\/p>\n\n\n\n<p>You\u2019re forced to awkwardly hover your cursor over reports to scroll instead. I\u2019ve seen loyal users dub this a \u201cflow state spoiler\u201d and \u201cbane of my existence\u201d.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span><em>Even small amounts of friction, when it\u2019s all added up, slows you down. Or just makes you wanna scream.<\/em><\/span><\/div><\/div>\n\n\n\n<p>MYOB offers a more attractive and easy-to-navigate online experience. <\/p>\n\n\n\n<p>Its screens are less cluttered and its menus less convoluted. I had to use QBO\u2019s help function far more often.&nbsp;<\/p>\n\n\n\n<p>For the small business owner focused on streamlining everyday admin, <a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">MYOB is a winner for simplicity<\/a>.<\/p>\n\n\n\n<p>But QBO does have its perks.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span><em>You can conveniently customise the order of the widgets on your QBO dashboard so you\u2019ll be presented with the metrics you care about most as soon as you sign-in.<\/em><\/span><\/div><\/div>\n\n\n\n<p>You can also immediately create a new invoice or add payment by clicking on shortcuts on the QBO dashboard, whereas MYOB hides these core actions behind an icon.<\/p>\n\n\n\n<p>The ability to customise, and take quick actions from the home screen, is carried through to QBO\u2019s mobile app, so you can easily handle core tasks and check your cashflow on-the-run.<\/p>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\">Important!<\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">MYOB spreads its functionality across multiple mobile apps. I get that a dedicated app for capturing receipts could be useful \u2014 but I prefer an all-in-one mobile experience.<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>QBO\u2019s native app comes with stripped down features, but it\u2019s convenient. <\/p>\n\n\n\n<p>There\u2019s a cohort of 1-star reviewers that say it\u2019s too buggy to bother with, but it\u2019s still considered more reliable than MYOB\u2019s apps.<\/p>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\">Did You Know?<\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">All QuickBooks Online plans are 100% cloud-based, which means no downloads or having to apply ongoing updates. <\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>MYOB is also primarily browser-based. <\/p>\n\n\n\n<p>Its highest tiers, <a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">AccountRight Plus and Premier<\/a>, require an additional download, although the majority of features can be accessed online so you won\u2019t be tied to your desktop computer.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Invoicing And Payments.<\/strong><\/h2>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MYOB<\/strong><\/td><td>8\/10<\/td><\/tr><tr><td><strong>QuickBooks:<\/strong><\/td><td>8\/10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>You\u2019ll be sending branded invoices that let customers quickly pay online within minutes in both platforms.<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong>On the downside,<\/strong> QBO is more limited in terms of online payment options, because you have to create and connect a PayPal account to accept credit or debit cards.<\/li><li><strong>On the upside<\/strong>, you can take in-person payments using the QBO mobile app (no card reader required) or buy a card reader from QBO to take payments. <\/li><\/ul><\/div><\/div>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong>An advantage <\/strong>for MYOB is that you can apply to be verified for online payments by card within the software, and you\u2019ll also be able to accept payment by Apple Pay, Google Pay and BPAY.<\/li><li><strong>A drawback<\/strong> if you regularly take in-person payments: there\u2019s no in-built method or MYOB Business app for that \u2014 but you can integrate with a third-party app like Square.<\/li><\/ul><\/div><\/div>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\">Important!<\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">Transaction fees are roughly the same: 1.7% of the transaction amount plus $0.20 for QBO, and 1.8% plus $0.25 for MYOB. <\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>MYOB also lets you surcharge this fee when customers pay by digital wallet or PayPal, so you can claw back some costs while still catering to more customers&#8217; preferences.<\/p>\n\n\n\n<p>In terms of truly shaving time off your invoicing admin, they both have pros and cons. It depends on your workflows and volumes. <\/p>\n\n\n\n<p>As an example:<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong>MYOB <\/strong>makes it simpler to create recurring invoices via the \u2018invoices\u2019 interface, and any invoice you\u2019re in the middle of completing can be saved as a recurring invoice. You\u2019ll have to navigate to a completely different section in QBO to create a new recurring transaction.<\/li><li><strong>QBO<\/strong> makes it easier to duplicate an invoice from the main list: handy if you offer the same service to multiple clients. There are more options for batch actions, like re-issuing a reminder or printing a delivery note, for multiple invoices at once.<\/li><\/ul><\/div><\/div>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\"><strong>Important!<\/strong><\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">Both platforms let you apply invoice payment reminders universally, with control over when they\u2019re sent, how many are sent, and what the email says. But only MYOB lets you turn off reminders for individual customers.<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>Side note: I was annoyed that QBO doesn\u2019t include the option to attach a PDF version of the invoice to emails by default. <\/p>\n\n\n\n<p>You can switch it on, but I struggled to work out how, even after reading the \u2018help\u2019 article.<\/p>\n\n\n\n<p>When you create a new customer in QBO, you can specify their usual payment method and payment terms. <\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>That saves you time every time you invoice them, as the due date is pre-filled.<\/span><\/div><\/div>\n\n\n\n<p>You can also opt to \u2018remember terms\u2019 for a specific customer while creating an invoice in MYOB, when you select the due date. <\/p>\n\n\n\n<p>And rather than simply providing a calendar for you to select a due date, MYOB gives you a number of more precise options that are useful if your terms aren\u2019t a neat net 30.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span><em>For example, if you invoice a client monthly, you can make the default due date always fall on the last day of the next month. Or ensure the due date is always 5 days after the end of the month.\u00a0<\/em><\/span><\/div><\/div>\n\n\n\n<p>Linking invoices (and expenses) to a project is also straightforward in MYOB. <\/p>\n\n\n\n<p>Tracking transactions against a project is only available in QBO\u2019s Plus and Advanced plans &#8211; and I couldn\u2019t use the feature during my trial.<\/p>\n\n\n\n<p>I love that you can add your own custom fields to any standard form in QuickBooks.<\/p>\n\n\n\n<p>For instance, I created a field on my invoices that lets me indicate the date range when the work would be delivered. <\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>But you\u2019re limited to the number of fields you can add: four fields per transaction on the Essentials plan.<\/span><\/div><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Payroll And Inventory Management.<\/strong><\/h2>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MYOB<\/strong><\/td><td>8\/10<\/td><\/tr><tr><td><strong>QuickBooks:<\/strong><\/td><td>7\/10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Being able to add payroll to any accounting software plan, as it\u2019s needed, is a smart feature. <\/p>\n\n\n\n<p>You shouldn\u2019t have to advance to a whole new tier just to do a pay run \u2014 especially if the number of pays you process varies month-to-month.<\/p>\n\n\n\n<p>MYOB and QBO both let you pay per-person for payroll:<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong>QBO<\/strong> charges an extra $6 per person, per month, for the convenience, with no limit on the size of your pay run. But it does require signing-up for an add-on solution from Employment Hero.<\/li><li><strong>MYOB<\/strong> charges an extra $2 per person, per month. You can only do a pay run for up to two people on the Lite plan, but it&#8217;s unlimited on Pro. And on AccountRight Plus\/Premier you get unlimited payroll processing at no extra charge.<\/li><\/ul><\/div><\/div>\n\n\n\n<p><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"Quickbooks Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/quickbooks-accounting\/\" data-shortcode=\"true\">QuickBooks Online<\/a> is 46% more expensive than <a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">MYOB Business<\/a> based on the scenario of adding payroll for 5 team members on a mid-tier plan.<\/p>\n\n\n\n<div style=\"height:21px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><thead><tr><th><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>QBO<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>MYOB<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Annual costs mid-tier plan<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$648<\/strong> Plus plan paid annually<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$567<\/strong> Pro plan paid annually<\/td><\/tr><tr><td>Annual costs of payroll for 5 employees<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$360<\/strong> $6\/month X 5 ($30) X 12<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$120<\/strong> $2\/month X 5 ($10) X 12<\/td><\/tr><tr><td><strong>TOTAL<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$1,008<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>$687<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Not only is QBO\u2019s standard payroll integration more expensive, if you you want to take advantage of advanced features like modern award interpretation, rostering, or time and attendance tracking, you\u2019ll pay even more: <\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><strong>$10\/month<\/strong> plus $6\/month per employee.<\/li><\/ul><\/div><\/div>\n\n\n\n<p>Being able to manage rosters and pay based on employee timesheets is included in MYOB\u2019s plans. <\/p>\n\n\n\n<p>If you need more control over different wage arrangements for different employees, you can create wage categories on MYOB\u2019s AccountRight Plus or Premier plans.<\/p>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\"><strong>Did you know?<\/strong><\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">Even if you only have one employee, or you\u2019re paying yourself a salary\/director\u2019s fees as the sole director of a company, you\u2019re legally required to submit reports to the ATO via Single Touch Payroll (STP). Both MYOB and QBO make STP simple so you can stay compliant.<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>For basic inventory management \u2014 being able to track your transactions and revenue by product\/service, and gathering data to support regular stocktakes and reordering \u2014 both MYOB and QBO get the job done.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>But <a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\">MYOB has a stronger inventory management<\/a> feature-set. <\/span><\/div><\/div>\n\n\n\n<p>All plans include inventory tracking, with an unlimited number of products tracked in AccountRight Plus\/Premier.<\/p>\n\n\n\n<p>QBO\u2019s form for adding products and services doesn\u2019t allow for multiple units of measure (e.g., box, case, hour, pair) in the way MYOB does. <\/p>\n\n\n\n<p>And if you\u2019ve got multiple warehouses or facilities holding stock, you\u2019ll be out of luck with QBO \u2014 whereas MYOB\u2019s Premier plan comes with multiple location support.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Reporting And Tax Management.<\/strong><\/h2>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MYOB<\/strong><\/td><td>9\/10<\/td><\/tr><tr><td><strong>QuickBooks:<\/strong><\/td><td>8=\/10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Neither MYOB nor QBE will give you major headaches if you\u2019re looking to generate reports on your earnings, expenses, and GST you\u2019ve collected.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>You can lodge your BAS directly from your online account with both MYOB and QBO.<\/span><\/div><\/div>\n\n\n\n<p>Filtering information and customising reports felt slightly easier to grasp in QBO. <\/p>\n\n\n\n<p>But MYOB gives you the same kinds of options to adjust your date range and included data, as well as save your custom reports.<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span><em>I appreciated how MYOB also lets you view some reports, such as cash movement, as either a table or a chart \u2014 a feature that\u2019s lacking in QBO.<\/em><\/span><\/div><\/div>\n\n\n\n<p>Clear descriptions of what each report covers on the main listing are also a plus for MYOB (don\u2019t have to guess what you\u2019re clicking into).<\/p>\n\n\n\n<p>Both platforms let you build out snazzy management reports and other \u2018packaged\u2019 PDFs with your choice of financial data that you can share with others, or keep for your own records.<\/p>\n\n\n\n<p>QBO offers four design templates. <\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span>But MYOB gives you far more creative control. <\/span><\/div><\/div>\n\n\n\n<p>You can make the layout landscape, apply a logo or other graphic to the footer of each page (and even specify its size), add a watermark, and apply custom colours using HTML colour codes.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Price.<\/strong><\/h2>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MYOB<\/strong><\/td><td>9\/10<\/td><\/tr><tr><td><strong>QuickBooks:<\/strong><\/td><td>9\/10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Leading accounting tools seem to always be running introductory offers with a heavily discounted price. <\/p>\n\n\n\n<p>It\u2019s in their interests to get you hooked, because they know that switching accounting software down the track isn\u2019t anyone\u2019s idea of fun.<\/p>\n\n\n\n<p>When the honeymoon is over, there are a few differences between the full-price plans from MYOB and QBO to be aware of:<\/p>\n\n\n\n<div class=\"arrow-wrapper\"><div class=\"arrow-list\"><ul><li><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"MYOB Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/myob-accounting\/\" data-shortcode=\"true\"><strong>MYOB\u2019s <\/strong>lowest tier for SMBs<\/a> (Lite) is 33% less expensive per month than QBO\u2019s lowest tier (Essentials): $34 versus $45 per month.<\/li><li><a class=\"thirstylink\" rel=\"nofollow noindex\" target=\"_blank\" title=\"Quickbooks Accounting\" href=\"https:\/\/arielle.com.au\/recommends\/quickbooks-accounting\/\" data-shortcode=\"true\"><strong>QBO\u2019s<\/strong> highest tier (Advanced)<\/a> is 36% less expensive per month than MYOB\u2019s comparable AccountRight Plus plan: $110 versus $150 per month.<\/li><\/ul><\/div><\/div>\n\n\n\n<p>Of course, it\u2019s not a apples-to-apples comparison.<\/p>\n\n\n\n<p>For example, QBO\u2019s lowest tier includes features MYOB doesn\u2019t, such as multi-currency and mileage tracking. <\/p>\n\n\n\n<p>And MYOB\u2019s lowest plan differs from QBO in that it includes inventory and orders, and the ability to track jobs.&nbsp;<\/p>\n\n\n\n<div class=\"indent-wrapper\"><div class=\"indented-text\"><span><em>As covered earlier, payroll is more pricey in QBO \u2014 which could make a huge difference to your costs if your headcount expands.<\/em><\/span><\/div><\/div>\n\n\n\n<p>On MYOB\u2019s $150\/month plan, you wouldn\u2019t pay a cent extra to process a pay run for 250 people. <\/p>\n\n\n\n<div class=\"wp-block-create-block-tip-block tip-wrapper\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"card-wrapper\"><div class=\"card-title\"><div class=\"icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M7.5 14.33a5 5 0 1 1 5 0v4.17h-5v-4.17Zm4.25-1.3-.75.44V17H9v-3.53l-.75-.44a3.5 3.5 0 1 1 3.5 0Z\" fill=\"#656E83\"><\/path><path d=\"M9.25 1v2h1.5V1h-1.5ZM5.53 4.47l-1.5-1.5-1.06 1.06 1.5 1.5 1.06-1.06ZM15.53 5.53l1.5-1.5-1.06-1.06-1.5 1.5 1.06 1.06ZM1 10.75h2v-1.5H1v1.5ZM17 10.75h2v-1.5h-2v1.5Z\" fill=\"#656E83\"><\/path><\/svg><\/div><h3 placeholder=\"Tip Title Goes Here\">Important!<\/h3><\/div><div class=\"card-content\"><p placeholder=\"Tip Content Goes Here\">On QBO\u2019s $110\/month plan, you\u2019d have to fork out an extra $1500 per month, or use a different add-on solution.\u00a0<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<p>Once I\u2019ve committed to tools for my business, I prefer to pay annually to save money. <\/p>\n\n\n\n<p>It\u2019s nice to see both platforms offer a discount for paying 12-months upfront: QBO slashes fees by 10% while MYOB gives you a hefty 25% discount.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>MYOB vs QuickBooks: My Verdict.<\/strong><\/h2>\n\n\n\n<p>There\u2019s no major chasm dividing MYOB Business and QuickBooks Online in terms of features and value-for-money. <\/p>\n\n\n\n<p>But QuickBooks is the inferior choice if inventory management and payroll processing for a growing team are must-haves in order for your business to scale.<\/p>\n\n\n\n<p>Neither of those factors affect my business, but I still preferred MYOB: because life\u2019s too short for bad UX. <\/p>\n\n\n\n<p>I will always lean towards tools that deliver functions in a user-friendly way that keep me productive and unruffled.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Jody<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 8<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Online invoicing software is an invisible employee that helps your business run more efficiently. MYOB and QuickBooks are two of<\/p>\n","protected":false},"author":14,"featured_media":118969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[289,257],"tags":[],"class_list":["post-118807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-software","category-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MYOB vs QuickBooks - Which Is Best For Aussie SMBs?<\/title>\n<meta name=\"description\" content=\"MYOB is Australia&#039;s most established accounting software package. 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During my 20+ year career, I've reported for Australian business publications and bodies, including Forbes, The Chainsaw and NSW Business Chamber.","sameAs":["https:\/\/www.linkedin.com\/in\/contentquill\/"],"url":"https:\/\/arielle.com.au\/author\/jody\/"}]}},"modified_by":"Steven McConnell","uagb_featured_image_src":{"full":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review.jpg",1490,838,false],"thumbnail":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review-150x150.jpg",150,150,true],"medium":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review-300x169.jpg",300,169,true],"medium_large":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review-768x432.jpg",768,432,true],"large":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review.jpg",1490,838,false],"2048x2048":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review.jpg",1490,838,false],"alm-thumbnail":["https:\/\/arielle.com.au\/wp-content\/uploads\/2025\/07\/myob-vs-quickbooks-review-150x150.jpg",150,150,true]},"uagb_author_info":{"display_name":"Jody McDonald","author_link":"https:\/\/arielle.com.au\/author\/jody\/"},"uagb_comment_info":0,"uagb_excerpt":"Reading Time: 8 minutesOnline invoicing software is an invisible employee that helps your business run more efficiently. MYOB and QuickBooks are two of","_links":{"self":[{"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/posts\/118807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/comments?post=118807"}],"version-history":[{"count":17,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/posts\/118807\/revisions"}],"predecessor-version":[{"id":121923,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/posts\/118807\/revisions\/121923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/media\/118969"}],"wp:attachment":[{"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/media?parent=118807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/categories?post=118807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arielle.com.au\/wp-json\/wp\/v2\/tags?post=118807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}