Accounting Software

MYOB vs QuickBooks Online

Both are accounting software. The short answer: choose MYOB if you are australian and New Zealand small businesses needing accounting and payroll; choose QuickBooks Online if you are small businesses in the US, UK, Canada and Australia.

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MYOB logo MYOBQuickBooks Online logo QuickBooks Online
Best forAustralian and New Zealand small businesses needing accounting and payrollSmall businesses in the US, UK, Canada and Australia
Free planNo (trial may exist)No (trial may exist)
PricingSee providerSee provider
Built for IndiaGlobalGlobal
CategoriesAccounting Software, HR & Payroll SoftwareBilling & Invoicing Software, Accounting Software
Strengths
  • Built for Australian GST and payroll rules
  • STP payroll reporting
  • Widely known by local accountants
  • Large accountant and app ecosystem
  • Strong reporting
  • Good bank integrations
Watch out for
  • Australia and New Zealand only
  • Older products being replaced
  • Availability and features vary by country
  • Costs rise with add-ons
Visit MYOBVisit QuickBooks Online

Which should you choose?

MYOB: Accounting and payroll software for Australia and New Zealand with GST, BAS lodgement and Single Touch Payroll.

QuickBooks Online: Widely used cloud accounting software with invoicing, expenses, bank feeds and an accountant ecosystem.

The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.

Not sure either fits? See all accounting software compared.