MYOB vs Zoho Books (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 Zoho Books if

• Fits if your business turns over less than $50K a year and you want to pay $0
• Works for businesses already running other Zoho apps

Look elsewhere if

• Tight if your team grows, since plans cap users at 3, 5, 10 or 15 and more cost $3 each a month
• Pricey if you need warehouses or Amazon and eBay channels, which start on Elite at $120 a month
• Not for you if you're past $50K revenue and hoping to stay free
• Tight if you bill a lot: invoices are capped at 1,000 a year on Free, 5,000 on Standard and 25,000 on Premium
• Watch out: automatic bank feeds need Standard, and the free plan can't take paid add-ons other than autoscans

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.

Zoho Books

• The free plan stays free only while revenue is under $50K a financial year, and paid add-ons other than autoscans cannot be added to it.
• Each plan caps users at 3, 5, 10, 10 or 15; more cost $3 per user a month, or $2.50 billed annually.
• Every plan caps invoices and bills a year: 1,000 on Free, 5,000 on Standard, 10,000 on Professional and 25,000 on Premium.
• These are US prices; Zoho lists separate editions for 18 countries plus a global one, including the UK, Canada, India and Australia.

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.

Zoho Books

Invoicing and online payments

Quotes, invoices, recurring invoices, retention payments and automatic reminders, with a customer portal for paying online.

Banking and reconciliation

Reconcile accounts on every plan. Automatic bank feeds start on Standard, along with recurring expenses and period locking.

US tax and 1099s

Track sales and use tax, manage W-9s and 1099 contractors, and e-file 1099-MISC and 1099-NEC forms from Standard up.

Projects and inventory

Professional adds timesheets, project profitability and basic inventory. Elite adds warehouses, serial and batch tracking and shipping labels.

Automation and customization

Workflows, approvals and custom roles from Professional; custom modules, buttons and functions from Premium; Blueprints on Elite.

AI in accounting

Ask questions about the books in plain English, spot anomalies and automate collections, plus receipt autoscans on every plan.

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.

Zoho Books

• Free$0

  Revenue under $50K a year. 1 user and 1 accountant, up to 1,000 invoices a year, recurring invoices, payment reminders and 1099 filing.

• Standard$15

  per organization / month, billed annually

  $20 billed monthly. 3 users, bank feeds, sales and use tax, 1099 e-filing, custom reports, API access and 5,000 invoices a year.

• Professional$40

  per organization / month, billed annually

  $50 billed monthly. 5 users, sales and purchase orders, multiple currencies, timesheets, project profitability, retainers and inventory.

• Premium$60

  per organization / month, billed annually

  $70 billed monthly. 10 users, fixed assets, budgets, cash flow forecasting, a vendor portal and custom modules.

• Elite$120

  per organization / month, billed annually

  $150 billed monthly. 10 users, advanced inventory with warehouses and batch tracking, Etsy, eBay and Amazon channels, and up to 2 Shopify stores.

• Ultimate$240

  per organization / month, billed annually

  $275 billed monthly. 15 users and built-in business intelligence with 50+ prebuilt visualizations, KPI tracking and embeddable reports.

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.

Zoho Books

• Annual discount

  Save up to 25% with yearly billing

  Yearly billing cuts Standard from $20 to $15 a month, Professional from $50 to $40, Premium from $70 to $60, Elite from $150 to $120 and Ultimate from $275 to $240.