MYOB positions itself in 2026 as a future-ready, all-in-one platform designed to automate accounting, payroll, tax, and financial operations for small and midsize businesses. As business demands evolve and competition intensifies, MYOB stands out by offering deep integrations, local compliance, and AI-powered workflows tailored for growth-focused entrepreneurs, accountants, and consultants.
From Launch to 2026: MYOB’s Journey and Positioning
- 1991-2010: MYOB starts as desktop accounting software in Australia and New Zealand, earning strong adoption with accountants and local SMBs.
- 2011-2019: Launches a cloud platform, adds payroll, inventory, compliance, and robust practice management tools.
- 2020-2024: Shifts focus to SaaS and subscription. Expands to integrated business banking, AI-driven reconciliation, and mobile-first workflows.
- 2025-2026: MYOB cements its platform with real-time, automated financial insights, seamless integrations, and offerings for sole traders to complex, multi-entity businesses.
Key Features by Capability
- Accounting & Reporting: Real-time dashboards and customizable reports aggregating transactions, cash flow, and profitability in a single cloud-native suite.
- Payroll & Superannuation: Automated payroll processing, compliance with Australian/NZ employment law, integrated superannuation, and Single Touch Payroll (STP) filing direct to the ATO.
- Tax & BAS Automation: Automated GST tracking, pre-filled BAS lodgement, and direct ATO/IRD submission. AI-driven suggestions for deductions and error reduction.
- Invoicing & Payments: Branded invoice/quote generator, one-click payment collection, automated payment reminders, and advanced debtor management.
- Banking & Reconciliation: Integrated feeds from major banks, AI-powered reconciliation, and embedded business bank accounts (Solo Money).
- Inventory Management: Stock tracking, order management, purchase/sales order workflow, and multi-location support for growing businesses.
- Collaboration & Access Controls: Role-based permissions, accountant and bookkeeper portals for seamless collaboration and compliance reviews.
Workflow & User Experience
- Unified interface for managing accounts, tax, payroll, and analytics across browser and mobile.
- Onboarding wizards help teams and advisors migrate data and processes easily.
- Extensive help center and Academy resources support users across experience levels.
- Designed for both hands-on owners and delegated finance teams, MYOB promotes visibility and control without technical hurdles.
MYOB Pricing
| Plan | Key Features | Pricing (AUD, est.) |
|---|---|---|
| Solo by MYOB | Mobile-first, banking, tax automation, unlimited invoices | $12/mo for 12 months (promo), then standard rate |
| Business Lite | Up to 2 employees, accounting, invoicing, limited payroll | Approx $28/mo |
| Business Pro | Full payroll, multi-user, expanded inventory | Approx $55/mo |
| AccountRight Plus | Advanced payroll, complex inventory, reporting | Approx $122/mo |
| AccountRight Premier | Multi-entity, multi-location, currencies | Custom pricing |
MYOB vs Alternatives
| Platform | Best for | Core Strength | Starter Price |
|---|---|---|---|
| MYOB | ANZ SMBs, compliance-driven teams | Local tax, payroll, deep accountant/SMB support | $12-$28/mo |
| Xero | Startups, global SMBs | Open API, user experience | $29/mo |
| QuickBooks Online | US/Global, small businesses | Payroll, integrations, price | $25/mo |
| Reckon | Legacy desktop users, micro-businesses | Simple ledgers, local support | $22/mo |
Pro Tip: For advisory practices or high-volume SMBs, leverage MYOB’s batch workflows and accountant portal for real-time collaboration and compliance – giving your business or clients a visibility edge.
Integrations
- Direct feeds: All major Australian and New Zealand banks
- Apps marketplace: 350+ solutions covering CRM, payroll, inventory, analytics, POS, e-commerce
- Popular plugins: Shopify, PayPal, Stripe, Lightspeed, Dext, HubSpot, and more
- Open API for custom workflows and industry verticals
Pros & Cons
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Final Thoughts
MYOB has evolved into a formidable SaaS suite for Australian and New Zealand small-to-mid-market businesses who prioritize local compliance, integrated banking, and scalable automation. With AI features, deep ecosystem integrations, and strong accountant/advisor support, MYOB is set to remain a first-choice platform for growth-minded SMBs into 2026 and beyond.
MYOB FAQ
Yes, it meets GDPR standards and supports HIPAA via a signed BAA on eligible plans.
Yes, white-label portals fully support your own domain and branding.
Ideal for consultants, service firms, and SMBs needing streamlined automation.
No-integrates seamlessly with both services.
All plans include chat/email; higher tiers include onboarding and dedicated setup help.