MYOB Pricing: Cost and Pricing plans

MYOB Pricing

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Pricing Insights for Accounting Software

The Average Cost of a basic Accounting Software plan is $20 per month.
MYOB pricing starts at $5.5/month, which is 73% lower than similar services.
44% of Accounting Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 19% offer a Freemium Model Allows users to access basic features at no cost..

Solo by MYOB $5.50 $5.50 per month

$5.50 per Month ($11 per Month after offer period)

$12 per Year ($99 per Year after offer period)

The all-in-one mobile app for sole operators, freelancers, and the self-employed.

Features

Automated tax and GST tracking
Create and send unlimited invoices
Enable in-person payments with Tap to Pay

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MYOB Business Lite $34.00 $34.00 per month

$17 per Month ($34 per Month after offer period)

$61.20 per Year ($306 per Year after offer period)

For sole traders and small business with up to 2 employees.

Features

Track GST and lodge BAS
Manage inventory and orders
Add payroll for up to 2 employees (extra $2/month per employee)

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MYOB Business Pro $63.00 $63.00 per month

$31.50 per Month ($63 per Month after offer period)

$113.40 per Year ($567 per Year after offer period)

For small to medium businesses with multiple employees.

Features

Connect unlimited bank accounts
Create and send sales orders
Add payroll for unlimited employees (extra $2/month per employee)

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MYOB Business AccountRight Plus $150.00 $150.00 per month

$75 per Month ($150 per Month after offer period)

$675 per Year ($1350 per Year after offer period)

For established businesses needing to fast track pay runs and inventory.

Features

Unlimited inventory
Priority support
Unlimited payroll at no extra cost
Use multiple currencies
Add another business

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MYOB Business Payroll Only $9.00 $9.00 per month

$9 per Month ($12 per Month after offer period)

For businesses that need standalone payroll for up to 4 employees

Features

Simple pay runs
Direct reporting to the ATO
Automated tax compliance
Automated superannuation contributions
Online employee onboarding
Automated annual leave calculations

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Disclaimer: The pricing details were last updated on 21/08/2025 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

MYOB FAQs

How much does MYOB charge for payments?

MYOB charges 1.8–2.2% per transaction for credit card payments and around $1.50 for bank transfers. Exact fees depend on region and plan.

How much does Solo by MYOB cost?

Solo by MYOB (for freelancers) is about $5/month, designed for sole traders to handle invoicing and expenses.

What are the different versions of MYOB?

MYOB Business Lite (for small businesses)

MYOB Business Pro (Small and Medium businesses)

MYOB AccountRight Plus (ERP for larger companies)

Solo by MYOB (for freelancers/sole traders)

How much does MYOB Pro cost per month?

MYOB Pro starts at around $63/month, with higher tiers for financials, payroll, and advanced reporting.

How much does MYOB cost?

The pricing for MYOB starts at $5.50 per month. MYOB has 5 different plans:

Solo by MYOB at $5.50 per month.
MYOB Business Payroll Only at $9.00 per month.
MYOB Business Lite at $34.00 per month.
MYOB Business Pro at $63.00 per month.
MYOB Business AccountRight Plus at $150.00 per month.

Learn more about MYOB pricing.

Does MYOB offer a free plan?

No, MYOB does not offer a free plan.

Learn more about MYOB pricing.

How much does accounting software cost?

Free to $50 per month for small businesses. Enterprise systems range from $200 to hundreds per user.

Compare MYOB Pricing Against Competitors

Product Name	Starting Price ($)	Billed	Unit	Free Trial	Learn More
MYOB	5.5	per month	-		MYOB Pricing
Xero	29	per month	-	+	Xero Pricing
Quickbooks	1.9	per month	-	+	Quickbooks Pricing
Reckon One	6	per month	-	+	Reckon One Pricing
Freshbooks	6.3	per month	-	+	Freshbooks Pricing
QuickFile	-	-	-	-	QuickFile Pricing
autoTax	-	-	-	-	autoTax Pricing
Busy Accounting Software	160	per year	-	+	Busy Accounting Software Pricing
ProfitBooks	15	per month	-	+	ProfitBooks Pricing
QuickBooks Online Advanced	60	per month	-	+	QuickBooks Online Advanced Pricing

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MYOB Features

Show Feature Explanation

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Accounting Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%

Payroll Management

Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion

Tax Management

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

Spend Management

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

Revenue Recognition

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

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

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

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Fixed Asset Management

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

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.

CPA Firms

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

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Billing and Invoicing

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

Bank Reconciliation

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

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Budget Forecasting

Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.

MYOB Pricing

Pricing Insights for Accounting Software

MYOB FAQs

Compare MYOB Pricing Against Competitors

Free Software Alternatives to MYOB

MYOB Alternatives

MYOB Features

Accounting Features

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