Accounting Software

QuickBooks Online vs MYOB

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

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

Which should you choose?

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

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

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.