Home/Accounting Software/Qonto vs MYOBUpdated on: March 28, 2024

Compare Qonto vs MYOB

93% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Qonto
Qonto Accounting Software (1284 Ratings)
92% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
MYOB
MYOB Accounting Software (185 Ratings)
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks
Freshbooks Accounting Software (3391 Ratings)
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93% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Qonto

Qonto

Accounting Software (1284 Ratings)
92% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
MYOB

MYOB

Accounting Software (185 Ratings)
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks

Freshbooks

Accounting Software (3391 Ratings)
Start Free Trial

Start Free Trial

Start Free Trial

Overview

Summary

Qonto is an easy business banking solution for entrepreneurs and startups. This all-in-one online business accounting platform helps SMEs and freelancers create business accounts as per convenience. Thus getting access to simplified accounting flow and transparent solutions. The services and features delivered by this platform are trusted widely by over 2,00,000 businesses located in different parts of the globe. Organizations are provided with a secure platform that safeguards the funds through FGDR (a French financial crises operator) services. Also, access to MasterCard business cards, with SEBA and SWIFT transfers enabled, is available with a subscription to Qonto. Furthermore, users can enjoy facilities like automated bookkeeping and team expense management besides streamlining and optimizing their work effectively. Also, integration with top third-party applications like Slack, Accountable, AXA, Pennylane, Zettle, etc makes user-wise task management a lot simpler to handle. Beyond this, users can also depend on the same to create multiple accounts with dedicated IBANs for organized management of expense items, activities, and team budgeting. ..show more

MYOB is designed locally, for local businesses, working with the ATO so you’re always up-to-date. The software tracks when clients receive and open your invoices. Manage bills and expenses, then pay staff in just a few clicks. Stay up-to-date with tax as you go: no more scrambling. You can work with your accountant or bookkeeper in the software, wherever you are. Automatically update your tax tables, calculate your GST, PAYG and run reports for your BAS. Clients can use a credit card to pay directly from your invoices no fuss. Even managing customers and suppliers is a piece of cake. ..show more

An accounting software focused on providing expert accounting services to small scale businesses. It is best suited for self-employed professionals, small scale agencies, firms and consultancies. The software expertise in handling accounting tasks related to billing, invoicing and expense tracking. Freshbooks time tracking feature will provide you information so that you can invoice your bill for exactly what you’re worth. This easy-to-use software also provides a mobile app which allows you to keep a check on the accounting processes all the time. Freshbooks was awarded as “Leader in the Fall 2017 Small-Business Accounting Grid Report” based on customer satisfaction and market presence. ..show more

Features

Accounts Payable Handling the money owed by a business to its suppliers.

Accounts Receivable Handling the money the client owes to the company.

Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Billing and Invoicing This feature helps in issuing and handling the invoice and bills.

CPA Firms Offers collaboration with a professional expert for financial and consulting services.

Cash Management Collection and management of cash.

Collections Recovery of cash from a business or individual.

Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

General Ledger Maintaining and recording all the accounting related transactions.

Multi-Currency Enables payment and collection in multiple currencies.

Payroll Handling the salary payable to the employees

Project Accounting Creation of financial reports specifically designed to track the financial progress of projects

Purchasing Acquiring goods or services required for the business at minimal cost

Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for

Spend Management Managing the expenditure of a business in order to build its product or services

Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Paris, France / +33 1 76 41 03 08

Cremorne, Australia / 1300 555 123

Toronto, Canada / +1 866-303-6061

API

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Solo
Others

€9 per month excl. VAT

Capital deposit : €120 excl. VAT (€50 excl. VAT) billed Yearly

Features

  • 20 SEPA transfers and direct debits
  • 1 Mastercard physical card
  • Optional Mastercard virtual cards
  • Optional check cashing
  • 1 member
  • FR, IT, ES or DE IBANs
  • International transfers (SWIFT)
  • Unlimited transaction history
  • Real-time payment notifications
  • Accounting tools compatibility
  • 7 days a week customer support
Standard
Others

€29 per month excl. VAT

Capital deposit : €300 excl. VAT (€50 excl. VAT) billed Yearly

Features

  • 100 SEPA transfers and direct debits
  • 2 Mastercard physical cards
  • 2 Mastercard virtual cards
  • 3 checks to cash
  • Up to 5 members
  • Includes features of Solo plan, plus
  • Dedicated access for your accountant
  • Automatic VAT detection
  • Expenses categorization
  • Roles and permissions
  • Multiple accounts
Premium
Others

€99 per month excl. VAT

Features

  • 500 SEPA transfers and direct debits
  • 5 Mastercard physical cards
  • Unlimited Mastercard virtual cards
  • 10 checks to cash
  • Unlimited members
  • Includes features of Standard plan, plus
  • Management of transfers as a team
  • Top priority customer support
  • Individual account management
  • Manager's role and team budget (coming soon)
View Price Page
Accounting Starter (Essentials)
$13.5 /Month

Features

  • Manage and track cashflow: Up to 25 transactions p/m
  • Invoices and quotes: Up to 5 invoices p/m
  • Single Touch Payroll: For 1 employee
  • Track jobs

All pan includes these features

  • Take BPAY and card payments
  • Track and pay expenses
  • Calculate and track GST
  • Lodge BAS from your software
  • Manage quotes and statements
  • Reports and budgets
  • Basic stock list
  • Integrate with mobile apps
  • Account sharing
Accounting (Essentials)
$24 /Month

Features

  • Manage and track cashflow
  • Invoices and quotes
  • Single Touch Payroll: For 1 employee
  • Track jobs
  • Includes the features of all plan
Accounting + Payroll (Essentials)
$30 /Month

Features

  • Manage and track cashflow
  • Invoices and quotes
  • Single Touch Payroll
  • Manage rosters, track leave and pay Super
  • Track jobs
  • Includes the features of all plan
Plus (AccountRight)
$54.5 /Month

Features

  • Manage and track cashflow
  • Invoices and quotes
  • Single Touch Payroll
  • Manage rosters, track leave and pay Super
  • Track jobs
  • Manage customers and suppliers
  • Bill by time
  • Manage inventory
  • Includes the features of all plan
Premier (AccountRight)
$75 /Month

Features

  • Manage and track cashflow
  • Invoices and quotes
  • Single Touch Payroll
  • Manage rosters, track leave and pay Super
  • Track jobs
  • Manage customers and suppliers
  • Bill by time
  • Manage inventory
  • Multi-currency
  • Set multiple locations
  • Includes the features of all plan
View Price Page
Lite
$15 /Month

Features

  • 5 Billable Clients (Send unlimited invoices to up to 5 clients)
  • Track unlimited expenses
  • Send unlimited estimates
  • Get paid with credit cards and bank transfers
  • Track sales tax & see reports
  • Access anywhere on iOS and Android
Plus
$30 /Month

Features

  • 50 Billable Clients
  • Send unlimited invoices to up to 50 clients
  • Automatically track expenses
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Set up recurring billing and client retainers
  • Run business health reports
  • Double-entry accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Premium
$55 /Month

Features

  • Unlimited Billable Clients
  • Send unlimited invoices to an unlimited amount of clients
  • Track Bills, Bill Payments & Vendors with Accounts Payable
  • Track project profitability
  • Customize email templates with dynamic fields
  • Customize email signatures
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Get paid with checkout links
  • Set up recurring billing and client retainers
  • Run business health reports
  • Run financial and accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Select
Custom

Features

  • Unlimited Billable Clients and Specialized Features
  • Send unlimited invoices to an unlimited amount of clients
  • Access to lower credit card transaction rates
  • Info Tooltip
  • Start with 2 team member accounts
  • Get a dedicated account manager
  • Get help migrating from other software
  • Set up your account with custom onboarding services
  • Remove FreshBooks branding from client emails
  • Contact us with a dedicated support number
  • Get paid with credit cards, bank transfers, and checkout links
  • Set up recurring billing, subscriptions and client retainers
  • Securely accept credit cards over the phone
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Invite your accountant
  • Run business health reports
  • Run financial and accounting reports
  • Access anywhere on iOS and Android
View Price Page

SCREENSHOTS

Qonto Screenshots
MYOB Screenshots
View 4 screenshot(s)
Freshbooks Screenshots
View 9 screenshot(s)

ALTERNATIVES

Top alternatives to Qonto

Wise Agent
Wise Agent
Shine Interview
Shine Interview
Tiime Receipt
Tiime Receipt
Quickbooks
Quickbooks
Freshbooks
Freshbooks

Top alternatives to MYOB

Reckon One
Reckon One
SAP S/4HANA Finance (SAP Simple Finance)
SAP S/4HANA Finance (SAP Simple Finance)
Quickbooks
Quickbooks
Xero
Xero
Freshbooks
Freshbooks