Comparison

Akaunting vs MYOB

On the evidence we track, Akaunting leads this comparison with a composite score of 82/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

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Attribute comparison across 2 tools
Attribute82AkauntingLeader71MYOB
Vioscale score82 / 100low · 43%71 / 100low · 48%
Options{"cloud":true,"self_hosted":true}{"cloud":true}
LongFree accounting software with cloud and self-hosted deployment options, providing invoicing, expense management, financial reporting, and accounting features for small businesses and freelancers.Cloud-based accounting, payroll, invoicing, and inventory management software for sole traders, small businesses, and enterprises. Multiple products from Solo for sole operators to AccountRight for complex businesses managing multiple locations and currencies.
Capabilities{"inventory":true,"api_access":"full","bank_feeds":"aggregator","deployment":"hybrid","ar_invoicing":true,"multi_entity":"multi_entity","ap_automation":true,"multi_currency":true,"tax_compliance":"Sales tax calculation and tax rate configuration","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}{"inventory":true,"bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"multi_entity":"multi_entity","multi_currency":true,"tax_compliance":"GST tracking, BAS preparation, automated tax and superannuation calculations","payments_capture":true,"accountant_collab":true,"project_accounting":true}
Count50-
List[{"name":"Shopify"},{"name":"Stripe"},{"name":"Bank Feeds"}]-
Support{"web":true}{"ios":true,"mac":true,"web":true,"linux":true,"android":true,"windows":true}
Pricing{"type":"hybrid","plans":[{"free":false,"name":"Standard Cloud","summary":"$12/month (monthly) or $8/month (annual)","features":["1 Company","1 User + 1 Accountant","1,000 Invoices","4 Apps Included","Unlimited Customers","Unlimited Vendors","Unlimited Reports","Multiple Currencies","Ticket Support"],"minSeats":1,"commitment":"monthly","components":[{"kind":"fixed","amount":12,"period":"month","currency":"USD"}],"description":"Best for one-person businesses","contactSales":false,"includedLimits":{"apps":"4","users":"1 + 1 accountant","invoices":"1,000","companies":"1"}},{"free":false,"name":"Premium Cloud","summary":"$36/month (monthly) or $24/month (annual)","features":["10 Companies","10 Users","10,000 Invoices","10 Apps Included","Double-Entry","Bank Feeds","Expense Claims","Roles & Permissions","Client Portal"],"minSeats":10,"commitment":"monthly","components":[{"kind":"fixed","amount":36,"period":"month","currency":"USD"}],"description":"Best for small businesses","contactSales":false,"includedLimits":{"apps":"10","users":"10","invoices":"10,000","companies":"10"}},{"free":false,"name":"Elite Cloud","summary":"$84/month (monthly) or $56/month (annual)","features":["30 Companies","30 Users","30,000 Invoices","30 Apps Included","Estimates (Quotes)","Payroll","Projects","Inventory","CRM","Receipts (Scan Documents)","Shopify integration","Stripe integration"],"minSeats":30,"commitment":"monthly","components":[{"kind":"fixed","amount":84,"period":"month","currency":"USD"}],"description":"Best for mid-sized businesses","contactSales":false,"includedLimits":{"apps":"30","users":"30","invoices":"30,000","companies":"30"}},{"free":false,"name":"Ultimate Cloud","summary":"$218/month (monthly) or $145/month (annual)","features":["Unlimited Companies","Unlimited Users","Unlimited Invoices","All Apps (50+)","Budgeting","Credit & Debit Notes","Sales & Purchase Orders","Point of Sale (POS)","Custom Fields","Auto-Schedule Reports"],"commitment":"monthly","components":[{"kind":"fixed","amount":218,"period":"month","currency":"USD"}],"description":"Best for accountants","contactSales":false,"includedLimits":{"apps":"50+","users":"Unlimited","invoices":"Unlimited","companies":"Unlimited"}}],"summary":"From $12/month (cloud). Free on-premise Standard tier. Summer sale: 30% discount through July 31.","currency":"USD","freeTier":true,"sourceUrl":"https://akaunting.com","retrievedAt":"2026-08-03T12:16:47.772Z","startingPrice":{"amount":12,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}{"type":"subscription","plans":[{"free":false,"name":"Solo by MYOB","summary":"$12/year (first 12 months), then $99/year","features":["Banking","Invoicing","Expense tracking","GST tracking","Quotes"],"components":[{"kind":"fixed","amount":12,"period":"year","currency":"USD"}],"description":"All-in-one mobile app for sole traders to manage admin, banking, and payments","contactSales":false},{"free":false,"name":"MYOB Business Lite","description":"For sole traders and small businesses with up to 2 employees","contactSales":false},{"free":false,"name":"MYOB Business Pro","description":"For small to medium businesses with multiple employees","contactSales":false},{"free":false,"name":"MYOB Business Payroll Only","description":"For businesses needing standalone payroll for up to 4 employees","contactSales":false},{"free":false,"name":"MYOB Business AccountRight Plus","description":"For established businesses needing to fast track pay runs and inventory","contactSales":false},{"free":false,"name":"MYOB Business AccountRight Premier","description":"For complex businesses managing multiple locations, jobs or currencies","contactSales":false}],"summary":"Solo: $12/year first 12 months, then $99/year. Other plans pricing not specified.","currency":"USD","sourceUrl":"https://www.myob.com","retrievedAt":"2026-08-03T12:16:18.987Z","startingPrice":{"amount":12,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}
Free tierYes-
Modelfreemiumcommercial
Price levellowlow
Starting gbp1212
TransparentYesYes
Status page-Yes
Iso27001-Yes
Pci-Yes

Capabilities

Feature-by-feature on the axes that matter for accounting software. “-” means undocumented, not absent.

Capability comparison for Accounting Software
CapabilityAkauntingMYOB
Core
Double-entry GL-
Multi-entityMulti-entityMulti-entity
Multi-currency
Bank feedsAggregatorAggregator
Modules
AP automation-
AR / invoicing
Inventory
Fixed assets--
Project accounting
Compliance
Tax complianceSales tax calculation and tax rate configurationGST tracking, BAS preparation, automated tax and superannuation calculations
Workflow
Accountant collaboration
Payments
Payments capture
Ecosystem
API accessFull-
Deployment
DeploymentHybridCloud

Comparison generated from independently-sourced facts. Every value links to its source and retrieval date. See the method.

Akaunting vs MYOB: an evidence-based comparison · Vioscale