MYOB vs QuickBooks Online (2026): which should you pick?

Pick MYOB if

• Fits if you're an Australian small business that needs GST, BAS and Single Touch Payroll
• Works for sole traders who want a phone-only app and a business bank account

Look elsewhere if

• Not for you if you're outside Australia, as prices are Australian dollars and the tax is GST and BAS
• Pricey if you need Windows software: AccountRight Plus is A$165 a month at renewal
• Watch out: payroll is A$5 a month per employee on Lite and Pro
• Watch out: unlimited inventory is an A$22 a month add-on
• Watch out: the offer prices run only for the first 3 to 6 months

Pick QuickBooks Online if

• Fits if your accountant wants to work in the same books as you
• Works for US businesses that expect to add payroll, inventory or project tracking later

Look elsewhere if

• Pricey if you're a small team or need inventory and budgets: $85 a month for 3 users, $140 for Plus with 5
• Watch out: the advertised prices are half off for 3 months only, then $38, $85, $140 or $340 a month
• Tight if you're on the free plan: 2 invoices a month, 1 bank, and no accountant access or mobile app
• Pricey if you need payroll, at $50 a month plus $7 an employee on top
• Skip it if you're outside the US, as these are US plans and prices and other countries have their own sites

MYOB

• Prices are Australian dollars from the Australian site; the page's own offers cut the first months well below the renewal price.
• Payroll costs A$5 a month per employee on Lite and Pro, and unlimited inventory is a A$22 a month add-on.
• Solo is for one user at a time and runs only as a phone app.
• AccountRight Plus and Premier include software to download on Windows computers; Premier pricing is not shown on this page.

QuickBooks Online

• The advertised prices are a 50% discount for the first 3 months; the plan then renews at $38, $85, $140 or $340 a month.
• Each plan caps users: 1 on Simple Start, 3 on Essentials, 5 on Plus and 25 on Advanced.
• Payroll costs extra: Workforce Payroll alone is $50 a month plus $7 per employee, and Premium is $88 plus $13 per employee.
• These are US prices and plans; Intuit runs separate country sites for Canada, the UK, Australia, India and others.

MYOB

GST and BAS

Lite, Pro and AccountRight Plus track GST and lodge BAS; Solo tracks GST only. An AI BAS tool is in beta.

Invoicing and payments

Send unlimited quotes and invoices, take online payments, and use Tap to Pay on Solo, which carries a per-transaction fee.

Payroll

Single Touch Payroll, superannuation and leave are handled in payroll, charged at A$5 a month per employee on Lite and Pro.

Bank connections and reconciliation

Connect up to 2 bank accounts on Solo and Lite, and unlimited ones on Pro and AccountRight Plus.

Inventory

Lite and above track inventory at one location; unlimited inventory is a A$22 monthly add-on on Lite and Pro.

AI features

The page lists Ask Iris, smart reconciliation and invoice reminders; several are marked beta or limited to certain plans.

QuickBooks Online

Bank feeds and automatic categorizing

Connect bank and card accounts and QuickBooks learns how you categorize transactions, then matches and records new ones the same way.

Invoices and online payments

Send invoices and estimates, take card and bank payments through QuickBooks Payments, and get status updates and reminders.

Bills and accounts payable

Organize and pay bills by ACH from paid plans. Standard ACH payments beyond the monthly allotment cost $0.50 each.

Reports, budgets and projects

Profit and loss and sales reports on every paid plan. Budgets, project profitability, inventory and class tracking start on Plus.

Intuit Intelligence

AI tools that categorize expenses, reconcile books and flag anomalies, with more of them unlocked on Plus and Advanced.

Payroll through QuickBooks Workforce

A separate subscription that runs full-service payroll, files payroll taxes and e-files 1099s, added from the same checkout.

MYOB

• SoloA$11

  per month at renewal, after a 3-month offer (A$99 a year)

  Phone-only app for one sole trader: unlimited quotes and invoices, GST tracking, Tap to Pay and a business bank account. First 12 months A$12 on yearly billing.

• LiteA$35

  per month at renewal, after a 6-month offer (A$315 a year)

  Browser-based, up to 2 bank accounts, GST and BAS lodgement; payroll for up to 2 employees at A$5 a month each.

• ProA$70

  per month at renewal, after a 6-month offer (A$630 a year)

  Unlimited bank accounts and users, standard reports and orders; payroll is A$5 a month per employee.

• AccountRight PlusA$165

  per month at renewal, after a 3-month offer

  Adds Windows desktop software, comprehensive reports, unlimited payroll at no extra cost and priority support.

• Payroll OnlyA$20

  per month at renewal, after a 3-month offer

  Standalone payroll for up to 4 employees with Single Touch Payroll reporting to the ATO; first 3 months A$2 a month.

QuickBooks Online

• Free$0

  1 user, 2 invoices a month, profit and loss, balance sheet and account quick report, and 1 connected bank account.

• Simple Start$38

  per month for 1 user, billed monthly

  Advertised at $19 a month for the first 3 months. Automated bookkeeping, invoicing with online payments, bill pay and access for 2 accountants.

• Essentials$85

  per month for up to 3 users, billed monthly

  Advertised at $42.50 a month for the first 3 months. Adds enhanced reports, employee time on invoices and web lead forms.

• Plus$140

  per month for up to 5 users, billed monthly

  Advertised at $70 a month for the first 3 months. Adds budgets, project profitability, inventory and up to 40 classes and locations.

• Advanced$340

  per month for up to 25 users, billed monthly

  Advertised at $170 a month for the first 3 months. Adds custom roles, workflow automation, Excel sync, batch invoices and priority support.

MYOB

• Other savings

  Solo: A$12 for the first year

  New buyers of Solo on yearly billing pay A$12 for the first 12 months, then A$99 a year.

• Other savings

  Lite and Pro first-term discounts

  Lite is 50% off for 6 months on monthly billing, or 70% off the first year on yearly; Pro is 70% off for the first 6 months.

• Other savings

  Plus and Payroll Only introductory prices

  AccountRight Plus is 60% off for the first 3 months, and Payroll Only is A$2 a month for the first 3 months.

QuickBooks Online

• Other savings

  50% off the first 3 months

  New customers on a monthly plan pay half the base price for the first 3 months, then the regular price. It does not apply to per-employee fees.