MYOB Business review
A broad Australian bookkeeping suite with GST, payroll, inventory and bank reconciliation.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
MYOB Business is cloud accounting software for Australian sole traders and small to medium businesses that need more than basic invoicing. It combines customer invoicing and quotes, connected bank accounts, transaction matching, expense management, GST and BAS workflows, reporting, inventory, and payroll add-ons. The MYOB Assist mobile app supports invoice creation, receipt capture, and expense management on iOS and Android, while browser-based plans cover Lite and Pro users. AccountRight plans add Windows desktop capabilities.
Pricing spans several operating models. Lite costs AUD 315 per year and includes GST and BAS work, inventory and orders, with payroll for up to 2 employees available as an add-on. Pro costs AUD 70 per month and adds unlimited bank accounts, sales orders, and unlimited employees for the payroll add-on. AccountRight Plus costs AUD 165 per month and includes unlimited inventory, priority support, unlimited payroll, timesheets, and rosters. AccountRight Premier adds multiple currencies, time, budgets and jobs, plus unlimited inventory and multiple warehouse locations. A 14-day trial is available, and the product does not have a free plan.
The main choice is between browser-based bookkeeping and the deeper desktop-oriented AccountRight range. Businesses focused on GST, BAS, bank reconciliation, receipts, and standard payroll can find the core capabilities in Lite or Pro. Companies managing larger inventory operations, multiple warehouses, timesheets, rosters, jobs, budgets, or multiple currencies have clearer reasons to consider the higher tiers. MYOB Business is a strong fit for Australian operations that want bookkeeping, payroll, and inventory in one product. Smaller businesses seeking free software, or teams that do not need payroll, GST, inventory, or the broader accounting feature set, may prefer a simpler alternative.
MYOB Business pros and cons
- Where it wins
- GST calculation and BAS preparation and lodgement
- Bank feeds with automatic transaction matching and reconciliation
- Payroll, inventory and receipt capture across web and mobile
- Where it doesn't
- No free plan; access is paid after the 14-day trial
- Lite limits payroll add-ons to up to 2 employees
- Advanced AccountRight plans add Windows desktop software requirements
MYOB Business fact sheet, pricing and score →
Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.
Last updated · How we research and update