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    Accounting and finance

    MYOB Business

    Australian accounting, invoicing, payroll and GST software for small businesses.

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    Pricing model
    subscription
    Category
    Accounting and finance

    About MYOB Business

    MYOB Business is accounting software for Australian small businesses. It covers cash flow, bank feeds, quotes and invoices, inventory and payroll.

    Payroll calculates superannuation, PAYG and leave, with Single Touch Payroll reporting built in. GST amounts are calculated and pre-filled for your BAS, and reports can be lodged with the ATO from the software.

    Plans are tiered by business size, from Lite for sole traders and small teams to Pro and the AccountRight range for established or more complex businesses.

    Pricing: MYOB Business is a subscription, billed monthly or yearly, with plans tiered by business size and frequent introductory discounts. Most plans have a free trial, and the vendor states there are no lock-in contracts or cancellation fees.

    What it does

    • Cash flow dashboard
    • Bank feeds
    • Branded quotes and invoices with online payments
    • Inventory and purchase orders
    • Payroll with superannuation, PAYG and leave
    • Single Touch Payroll reporting
    • GST and BAS reports with ATO lodgement
    • MYOB Team app for rosters, payslips and leave
    • Accountant and bookkeeper access at no extra cost
    • Mac, PC, iOS and Android access

    Why it suits tourism businesses

    Tourism businesses use MYOB to send invoices, track expenses and run payroll for staff in one place. Accountants, bookkeepers and business partners can be given access at no extra cost.

    The MYOB Team app handles employee onboarding, rosters, payslips and leave requests. It also connects to banks and to apps such as Square, Shopify and Squarespace, which helps if sales come in through several tools.

    Helps with: Accounting, Australia, Tax

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    Frequently asked questions

    About MYOB Business

    Can MYOB Business handle GST and BAS reporting?
    Yes. It calculates and pre-fills GST amounts for your BAS and can create PAYG and GST reports and lodge them with the ATO.
    Does MYOB Business support payments in different currencies?
    Working in multiple currencies is a feature of MYOB Business AccountRight Premier only. Lite, Pro and AccountRight Plus do not include it, so check the plan before you invoice overseas customers.
    How does MYOB help with seasonal operations?
    There are no lock-in contracts or cancellation fees, so you can change plans as your business changes. Payroll and leave are calculated for the staff you have on.
    Can MYOB Business manage payroll for guides and seasonal staff?
    Payroll calculates superannuation, PAYG and leave with Single Touch Payroll reporting built in. There is also a payroll-only plan for businesses with up to four employees.
    What size of business is MYOB Business suited to?
    Lite suits sole traders and small teams of up to two employees. Pro suits small to medium businesses with more staff, and AccountRight suits more complex ones.