Acumatica
Cloud ERP platform with financial management, distribution, and project accounting. Recommended by accounting firms for mid-market clients.
MYOB
Website: www.myob.com
MYOB is an accounting and business management platform with a strong presence in Australia and New Zealand. It provides invoicing, payroll, inventory management, bank feeds, and tax compliance features tailored to ANZ tax and reporting requirements, including BAS/GST lodgement and Single Touch Payroll.
Accounting firms in Australia and New Zealand use MYOB’s practice tools to manage client accounts, lodge tax returns, and handle compliance work. MYOB Practice offers a dashboard for firms to oversee client data, track lodgement deadlines, and collaborate with clients on their books. The platform’s ATO and IRD integrations make it a practical choice for firms focused on compliance work in the region.
MYOB offers both cloud and desktop products. The cloud product (MYOB Business) targets small to medium businesses, while the desktop product (AccountRight) is still used by businesses and firms that prefer locally installed software. It is best suited for firms with an Australian or New Zealand client base that need local tax compliance features out of the box.
MYOB Alternatives
Other accounting tools for accounting firms, ordered by how much of MYOB's functionality they cover.
Booke AI
AI bookkeeping automation tool that works inside QuickBooks Online and Xero, automatically categorizing and reconciling transactions around the clock.
Digits
AI accounting platform with an autonomous general ledger that categorizes transactions and handles depreciation for firms.
Docyt
AI-powered back-office automation for document capture, expense categorization, reconciliation, and real-time reporting.
AccountingSuite
Cloud accounting platform combining general ledger, inventory management, project accounting, and time tracking in one solution for growing firms.
FreshBooks
Cloud accounting for small businesses and freelancers, known for invoicing and time tracking with accountant access.