Comparison

MYOB vs Xero

On the evidence we track, Xero leads this comparison with a composite score of 74/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

Machine formatsMarkdownJSONGraphQLAll open, no key required.
MYOB60
Xero74
Score
vioscaleAI score
MYOB60 / 100medium · 73%
Xero74 / 100medium · 74%
Pricing
Free tier
MYOB
Xero
Model
Price level
MYOBlow
Xeromid
Starting price
MYOB
Xero£18
Transparent
MYOB
Xero
Integrations
Count
MYOB3
Xero1,000
Reliability
Status page
MYOB
Xero
Content
Faq

Capabilities

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

Core
Double-entry GL
MYOB-
Xero-
Multi-entity
MYOB-
Xero-
Multi-currency
MYOB-
Xero
Bank feeds
MYOB-
XeroDirect feeds
Modules
AP automation
MYOB-
Xero
AR / invoicing
MYOB
Xero
Inventory
MYOB
Xero-
Fixed assets
MYOB-
Xero-
Project accounting
MYOB-
Xero
Compliance
Tax compliance
MYOBGST tracking, BAS reporting, payroll with superannuation calculations
XeroVAT, MTD for Income Tax, CIS calculations
Workflow
Accountant collaboration
MYOB
Xero
Payments
Payments capture
MYOB-
Xero
Ecosystem
API access
MYOB-
XeroFull
Deployment
Deployment
MYOBCloud
XeroCloud

What each one is

The product in its own terms, so the numbers below have context.

MYOB

MYOB is accounting and business management software for sole traders, small businesses, and accountants, offering invoicing, payroll, inventory, tax compliance, and AI-powered features.

Independently observed

Xero

Leader

A cloud accounting solution that consolidates invoicing, payroll management, tax compliance, and financial reporting in one place, with AI-assisted automation to minimize manual data entry.

Independently observed

Pricing

List pricing as published by each vendor, with the date we read it. Always verify at the source before you buy.

MYOB

from $12/moSubscription

Solo: $12/year first 12 months, then $99/year. Other plans pricing not specified.

  • Solo by MYOB$12/year (first 12 months), then $99/year
    • Banking
    • Invoicing
    • Expense tracking
    • GST tracking
    • Quotes
  • MYOB Business Lite-
  • MYOB Business Pro-
  • MYOB Business Payroll Only-
  • MYOB Business AccountRight Plus-
  • MYOB Business AccountRight Premier-
as of verify ↗

Xero

Leader
from £18/moSubscriptionFree tier30-day trial

From £18/month. First month free.

  • Ignite£18/month
    • Send quotes and 20 invoices
    • Accept online invoice payments
    • MTD for Income Tax ready
    • Make online bill and payroll payments
    • Optional company accounts and tax
  • Grow£39/month
    • All Ignite features
    • Send invoices and quotes
    • Accept online invoice payments
    • Reconcile transactions
    • Smart document capture
    • +6 more
  • Comprehensive£55/month
  • Ultimate£70/month
as of verify ↗

Platform & deployment

Where each product runs and how it can be hosted. A dash means undocumented, not unsupported.

Platforms
Web
MYOB
Xero
iOS
MYOB
Xero
Android
MYOB
Xero
macOS
MYOB
Xero
Windows
MYOB
Xero
Deployment
Cloud / SaaS
MYOB
Xero

Integrations

What each product connects to. Counts come from the vendor's own integration directory where one exists.

MYOB

4 total
  • Squarespace
  • Amaka
  • Square
  • Shopify
Independently observed

Xero

Leader
6 total
  • Hubdoc
  • TaxCycle
  • Countable
  • Stripe
  • GoCardless
  • WhatsApp
Independently observed
Still deciding?

MYOB or Xero: which one depends on you

A composite score cannot know your constraints. Describe them and both get re-weighted against what you actually need, with the evidence behind every position.

Free to run, no account needed to start. How the evaluation works

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