vioscale
Comparison

MYOB vs Wave

On the evidence we track, Wave leads this comparison with a composite score of 78/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

MYOB full profile →Wave full profile →
Machine formatsJSONMarkdownGraphQLor send Accept: application/json
Attribute comparison across 2 tools
Attribute71MYOB78WaveLeader
Vioscale score71 / 100low · 48%78 / 100low · 40%
Options{"cloud":true}{"cloud":true}
LongCloud-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.Wave is free accounting software for small businesses, offering invoicing, expense tracking, receipts management, and optional payroll and hands-on bookkeeping services. Free tier includes unlimited invoicing and basic bookkeeping, with paid Pro tier adding bank feed automation and discounted payment processing.
Capabilities{"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}{"bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"tax_compliance":"Tax-ready bookkeeping and tax season preparation","payments_capture":true,"accountant_collab":true}
Availability-{"primaryMarkets":["US","CA"],"availabilityScope":"regional","availableCountries":["US","CA"],"notAvailableCountries":[]}
Support{"ios":true,"mac":true,"web":true,"linux":true,"android":true,"windows":true}{"web":true}
Pricing{"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"]}{"type":"free","plans":[{"free":true,"name":"Starter","summary":"Free","features":["Create unlimited estimates, invoices, bills, and bookkeeping records","Option to accept online payments","2.9% + $0.60 per credit card transaction","3.4% + $0.60 per Amex transaction","Invoice on-the-go with mobile app","Manage cash flow and customers in one dashboard"],"description":"Just starting your business or looking for the basics","contactSales":false},{"free":false,"name":"Pro","summary":"$19/month USD or $190/year USD (promo: $9.50/month for first 3 months)","features":["Everything in Starter, plus","Online payments at discounted rate","2.9% + $0 per credit card transaction","3.4% + $0 per Amex transaction","Auto-import bank transactions","Auto-merge and categorize bank transactions","Digitally capture unlimited receipts and track expenses","Automate late payment reminders"],"commitment":"monthly","components":[{"kind":"fixed","amount":19,"period":"month","currency":"USD"}],"description":"Look polished, save time, conquer cash flow","contactSales":false},{"free":false,"name":"Wave Advisors","summary":"Starting at $149/month USD","features":["Includes Pro Plan features","Dedicated bookkeeper","Monthly financial statements prepared","Expert bookkeeping support","Onboarding assistance when switching from other software","Optional one-on-one accounting coach packages"],"commitment":"monthly","components":[{"kind":"fixed","amount":149,"period":"month","currency":"USD"}],"description":"Hands-off bookkeeping and financial guidance with in-house experts","contactSales":true}],"summary":"Free Starter plan with unlimited invoicing. Pro from $19/month USD or $190/year USD. Wave Advisors from $149/month USD.","currency":"USD","freeTier":true,"sourceUrl":"https://www.waveapps.com","retrievedAt":"2026-08-05T14:29:50.329Z","startingPrice":{"amount":19,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}
Free tier-Yes
Modelcommercialcommercial
Price levellowfree
Starting gbp1219
TransparentYesYes
Status pageYesYes
Iso27001Yes-
PciYes-

Capabilities

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

Capability comparison for Accounting Software
CapabilityMYOBWave
Core
Double-entry GL--
Multi-entityMulti-entity-
Multi-currency✓-
Bank feedsAggregatorAggregator
Modules
AP automation--
AR / invoicing✓✓
Inventory✓-
Fixed assets--
Project accounting✓-
Compliance
Tax complianceGST tracking, BAS preparation, automated tax and superannuation calculationsTax-ready bookkeeping and tax season preparation
Workflow
Accountant collaboration✓✓
Payments
Payments capture✓✓
Ecosystem
API access--
Deployment
DeploymentCloudCloud

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