MYOB vs Reckon (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 Reckon if

• Fits if you're an Australian small business that wants GST and BAS reporting and free data migration
• Works for businesses that want phone support

Look elsewhere if

• Not for you if you're outside Australia, as it's Australian GST and BAS
• Watch out: first-months prices are far below the renewal prices
• Watch out: payroll has its own plans: Payroll Essentials, up to 4 employees, is A$18 a month at renewal
• Watch out: the pages show a plain $ sign and don't say whether prices include GST
• Pricey if you want inventory with payroll: that's Ultimate at A$92 a month at renewal

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.

Reckon

• Prices are shown with a plain $ sign on the Australian site and are likely Australian dollars; the page does not say whether they include GST.
• Payroll is optional on Plus and Premium and has its own plan set priced by employee count.
• Offered prices for the first months are much lower than the renewal prices listed as the regular price.
• Reckon also sells separate desktop and hosted products that are not part of these plans.

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.

Reckon

Invoicing and online payments

Create and send invoices and take card payments online through Stripe, with matching invoice and payroll mobile apps.

Bank feeds and reconciliation

Connect bank accounts through Open Banking or direct feeds and reconcile imported transactions.

GST and BAS reporting

Tracks income, expenses and GST in one place, with real-time reports and a customizable dashboard for BAS time.

Payroll

Pays employees and manages leave and super, with Single Touch Payroll reporting and Payday Super stated as covered.

Free data migration

The vendor says it migrates data from other providers at no charge on the Plus and Premium accounting plans.

Phone support

Phone support in business hours, plus email, help resources and webinars, per the vendor's comparison page.

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.

Reckon

• Accounting PlusA$27

  per month at renewal, after first 6 months at A$2.70

  For small businesses, with unlimited users; payroll is optional. Yearly billing is A$298, or A$134.10 for the first 12 months.

• Accounting PremiumA$50

  per month at renewal, after first 6 months at A$5

  For growing businesses; yearly billing is A$552, or A$248.40 for the first 12 months.

• Ultimate PlanA$92

  per month at renewal, after first 6 months at A$9.20

  Includes unlimited payroll and inventory; yearly billing is A$1,016, or A$457.20 for the first 12 months.

• Payroll EssentialsA$18

  per month at renewal, after first 6 months at A$1.80

  Standalone payroll for up to 4 employees; yearly billing is A$199, or A$89.55 for the first 12 months.

• Payroll PlusA$35

  per month at renewal, after first 6 months at A$3.50

  Standalone payroll for up to 10 employees; yearly billing is A$386, or A$173.70 for the first 12 months.

• Payroll PremiumA$65

  per month at renewal, after first 6 months at A$6.50

  Standalone payroll for unlimited employees; yearly billing is A$718, or A$323.10 for the first 12 months.

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.

Reckon

• Other savings

  90% off the first 6 months monthly

  Monthly plans are 90% off for the first 6 months, for example A$2.70 a month for Accounting Plus, then the regular price.

• Other savings

  55% off the first 12 months yearly

  Yearly plans are 55% off for the first 12 months, for example A$134.10 for Accounting Plus against A$298.