# MYOB vs Wave

| Attribute | MYOB | Wave |
|---|---|---|
| **vioscaleAI score** | 59.6 (70% (medium)) | 57.4 (72% (medium)) |
| content.faq | `[{"answer":"MYOB is accounting and business management software for sole traders, small businesses, and accountants, offering invoicing, payroll, inventory, tax compliance, and AI-powered features. It is indexed under Accounting Software.","source":"https://www.myob.com/au/insight/topic/pricing-management","question":"What is MYOB?","confidence":0.6},{"answer":"MYOB is a paid product; published pricing starts at $12 per year. It is sold across 6 plans (Solo by MYOB, MYOB Business Lite, MYOB Business Pro and MYOB Business Payroll Only). Prices are published openly on the vendor's own pricing page. Pricing changes often, so verify at source before relying on it.","source":"https://www.myob.com","question":"How much does MYOB cost?","confidence":0.6},{"answer":"MYOB supports Windows, macOS, iOS and Android. Platforms we have not confirmed are simply not listed here rather than ruled out.","source":"https://www.myob.com/au/insight/topic/pricing-management","question":"What platforms does MYOB support?","confidence":0.6},{"answer":"We have only confirmed a cloud / SaaS deployment for MYOB, so it appears to be vendor-hosted. If a self-hosted option exists we have not found it documented publicly.","source":"https://www.myob.com/au/insight/topic/pricing-management","question":"Can MYOB be self-hosted?","confidence":0.6},{"answer":"We have confirmed 3 integrations for MYOB, including Squarespace, Amaka and Shopify. This is what we could verify from public sources, so the vendor may support others we have not indexed.","source":"https://www.myob.com/au/insight/topic/pricing-management","question":"What does MYOB integrate with?","confidence":0.6},{"answer":"We have independently confirmed ISO 27001 for MYOB. Certifications we do not list are ones we have not been able to verify from public sources, which is not the same as MYOB not holding them. Always confirm compliance directly before you rely on it.","source":"https://www.myob.com/security","question":"What security certifications does MYOB have?","confidence":0.7},{"answer":"MYOB is available in Australia. Its primary market is Australia. The vendor is headquartered in Australia.","source":"https://www.myob.com/au/insight/topic/pricing-management","question":"Where is MYOB available?","confidence":0.75}]` | `[{"answer":"A unified platform combining bookkeeping, invoicing, payment processing, and reporting in one dashboard. Helps small business owners track income and expenses, manage cash flow, and maintain organized financial records year-round. It is indexed under Accounting Software.","source":"https://www.waveapps.com","question":"What is Wave?","confidence":0.6},{"answer":"Wave offers a free tier, so you can start without paying. Paid plans start at $16 per month. Prices are published openly on the vendor's own pricing page. Pricing changes often, so verify at source before relying on it.","source":"https://www.waveapps.com/pricing","question":"Is Wave free?","confidence":0.6},{"answer":"We have confirmed browser-based access to Wave. That is the extent of what we could verify from public sources, so it may well offer desktop or mobile clients we have not indexed.","source":"https://www.waveapps.com","question":"What platforms does Wave support?","confidence":0.6},{"answer":"We have only confirmed a cloud / SaaS deployment for Wave, so it appears to be vendor-hosted. If a self-hosted option exists we have not found it documented publicly.","source":"https://www.waveapps.com","question":"Can Wave be self-hosted?","confidence":0.6},{"answer":"We have confirmed 8 integrations for Wave, including Plaid, Zapier, Shopify, Square, ADP, RBC, Block Advisors and Apple Pay. This is what we could verify from public sources, so the vendor may support others we have not indexed.","source":"https://www.waveapps.com","question":"What does Wave integrate with?","confidence":0.6},{"answer":"Wave is available worldwide. Its primary markets are the United States and Canada.","source":"https://www.waveapps.com","question":"Where is Wave available?","confidence":0.75}]` |
| deployment.options | `{"cloud":true}` | `{"cloud":true}` |
| description.long | Software that provides tools for businesses to maintain compliance with industry regulations, including audit support, data security measures, and comprehensive reporting capabilities. | Wave enables small business owners to manage their financial operations in one place, including expense and revenue tracking, customer billing, digital payments, and reporting to support financial decision-making. |
| features.capabilities | `{"inventory":true,"deployment":"cloud","ar_invoicing":true,"tax_compliance":"GST tracking, BAS reporting, payroll with superannuation calculations","accountant_collab":true}` | `{"api_access":"full","bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"tax_compliance":"Tax-ready bookkeeping with organized records and reporting","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}` |
| integrations.count | 3 | 5 |
| integrations.list | `[{"name":"Squarespace"},{"name":"Amaka"},{"name":"Square","native":true,"direction":"bidirectional"},{"name":"Shopify","native":true,"direction":"bidirectional"}]` | `[{"name":"Plaid"},{"name":"Zapier"},{"name":"Shopify"},{"name":"Square"},{"name":"ADP"},{"name":"RBC"},{"name":"Block Advisors"},{"name":"Apple Pay"}]` |
| market.availability | `{"hqCountry":"AU","primaryMarkets":["AU"],"availabilityScope":"regional","availableCountries":["AU"],"notAvailableCountries":[]}` | `{"primaryMarkets":["US","CA"],"availabilityScope":"global","availableCountries":[],"notAvailableCountries":[]}` |
| platform.support | `{"ios":true,"mac":true,"android":true,"windows":true}` | `{"ios":true,"web":true,"android":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":"subscription","plans":[{"free":true,"name":"Starter","summary":"Free","features":["Unlimited invoices, estimates, bills","Unlimited bookkeeping records","Mobile app access","Dashboard and reports","Payment processing available"],"description":"Basic accounting and invoicing for new businesses","contactSales":false},{"free":false,"name":"Pro","summary":"$16/month billed monthly, or $190/year billed annually","features":["Everything in Starter","Auto-import bank transactions via Plaid","Auto-merge and auto-categorize transactions","Unlimited receipt capture and tracking","Add multiple users/collaborators","Payment processing at discounted rates"],"commitment":"monthly","components":[{"kind":"fixed","amount":16,"period":"month","currency":"USD"}],"description":"Enhanced accounting with bank automation and transaction categorization","contactSales":false},{"free":false,"name":"Wave Advisors","summary":"$149/month or $199/month depending on tier","features":["Everything in Pro","Dedicated bookkeeper management","Monthly financial statements","Expert bookkeeping support","Transition assistance from other software","Optional one-on-one accounting coaching"],"components":[{"kind":"fixed","amount":149,"period":"month","currency":"USD"}],"description":"Hands-off bookkeeping with dedicated bookkeeper and financial expert support","contactSales":false}],"addOns":[{"name":"Payment Processing","components":[{"of":"transaction","kind":"percentage","plus":{"amount":0.6,"currency":"USD"},"rate":2.9}]},{"name":"Payroll"},{"name":"Receipts"}],"summary":"Free Starter plan with unlimited invoicing and bookkeeping. Pro from $16/month includes bank automation. Wave Advisors from $149/month for managed bookkeeping. Payment processing fees: 2.9% + $0.60 per Visa/Mastercard transaction.","currency":"USD","freeTier":true,"sourceUrl":"https://www.waveapps.com/pricing","retrievedAt":"2026-08-14T15:29:13.788Z","startingPrice":{"amount":16,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}` |
| pricing.free_tier | - | yes |
| pricing.model | commercial | freemium |
| pricing.price_level | low | mid |
| pricing.transparent | yes | yes |
| reliability.status_page | yes | yes |
| security.certifications | - | `[{"name":"PCI DSS Level 1","level":"Level 1","status":"active"}]` |
| security.iso27001 | yes | - |
| security.pci | yes | yes |
| security.trust_center | https://www.myob.com/au/resources/topic/compliance-management | - |

## Capabilities (Accounting Software)

| Capability | MYOB | Wave |
|---|:--:|:--:|
| **Core** |  |  |
| Double-entry GL | - | ✓ |
| Multi-entity | - | - |
| Multi-currency | - | - |
| Bank feeds | - | Aggregator |
| **Modules** |  |  |
| AP automation | - | - |
| AR / invoicing | ✓ | ✓ |
| Inventory | ✓ | - |
| Fixed assets | - | - |
| Project accounting | - | ✓ |
| **Compliance** |  |  |
| Tax compliance | GST tracking, BAS reporting, payroll with superannuation calculations | Tax-ready bookkeeping with organized records and reporting |
| **Workflow** |  |  |
| Accountant collaboration | ✓ | ✓ |
| **Payments** |  |  |
| Payments capture | - | ✓ |
| **Ecosystem** |  |  |
| API access | - | Full |
| **Deployment** |  |  |
| Deployment | Cloud | Cloud |

*Source: vioscaleAI. Generated 2026-10-16T19:11:17.403Z. "-" = undocumented, not absent.*