Accounting Software

TallyPrime vs MYOB

Both are accounting software. The short answer: choose TallyPrime if you are established Indian SMEs and accountants who already work in Tally; choose MYOB if you are australian and New Zealand small businesses needing accounting and payroll.

Some links on this site are affiliate links. If you buy through them we may earn a commission at no extra cost to you. Our rankings are not for sale; sponsored placements are always labelled.

TallyPrime logo TallyPrimeMYOB logo MYOB
Best forEstablished Indian SMEs and accountants who already work in TallyAustralian and New Zealand small businesses needing accounting and payroll
Free planNo (trial may exist)No (trial may exist)
PricingSee providerSee provider
Built for IndiaYesGlobal
CategoriesBilling & Invoicing Software, Accounting Software, Inventory Management Software, ERP Software, Manufacturing & MRP Software, Tax, CA & Legal Practice SoftwareAccounting Software, HR & Payroll Software
Strengths
  • Very familiar to Indian CAs and accountants
  • Strong GST and statutory reporting
  • Works offline
  • Built for Australian GST and payroll rules
  • STP payroll reporting
  • Widely known by local accountants
Watch out for
  • Desktop-centric workflow
  • Learning curve for beginners
  • Remote access needs add-ons
  • Australia and New Zealand only
  • Older products being replaced
Visit TallyPrimeVisit MYOB

Which should you choose?

TallyPrime: Desktop-first business management software widely used by Indian accountants for accounting, GST, inventory and payroll.

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.