vioscale
Comparison

MYOB vs Xero

On the evidence we track, Xero leads this comparison with a composite score of 76/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

MYOB full profile →Xero full profile →
Machine formatsJSONMarkdownGraphQLor send Accept: application/json
Attribute comparison across 2 tools
Attribute71MYOB76XeroLeader
Vioscale score71 / 100low · 48%76 / 100medium · 50%
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.Cloud-based accounting software for small businesses. Manage finances in real time with invoicing, expense tracking, VAT returns, and payroll capabilities.
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}{"deployment":"cloud","ar_invoicing":true,"ap_automation":true,"multi_currency":true,"tax_compliance":"VAT returns, MTD for Income Tax, subcontractor CIS calculations","payments_capture":true,"accountant_collab":true,"project_accounting":true}
Availability-{"hqCountry":"GB","primaryMarkets":["GB"],"availabilityScope":"global","availableCountries":["GB"],"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":"subscription","plans":[{"free":false,"name":"Ignite","summary":"£3.20/mo for first 6 months, then £16/mo","features":["Send quotes and 20 invoices","Accept online invoice payments","MTD for Income Tax ready","Reconcile transactions (optional)","Auto-reconcile transactions (optional)"],"commitment":"monthly","components":[{"kind":"fixed","amount":3.2,"period":"month","currency":"GBP"}],"description":"An easy financial foundation - track cash flow with the essentials.","contactSales":false,"includedLimits":{"invoices":"20"}},{"free":false,"name":"Grow","summary":"£7.40/mo for first 6 months, then £37/mo","features":["Send invoices and quotes","Accept online invoice payments","MTD for Income Tax ready","Reconcile transactions","Auto-reconcile transactions (Beta)","Smart document capture","View real-time reports","Automate bill entry and track bills","Submit VAT returns to HMRC","Automate subcontractor CIS calculations and reports","Make online bill and payroll payments (domestic) for up to 5 payments","Payroll for 1 person","60 day cash flow forecast","Visualise performance with graphs","Customise performance dashboards","Claim expenses and mileage for 1 user","Use multiple currencies","Tailored financial health scorecards"],"commitment":"monthly","components":[{"kind":"fixed","amount":7.4,"period":"month","currency":"GBP"}],"description":"Go beyond the basics - automate tasks and access performance dashboards.","contactSales":false,"includedLimits":{"payroll_users":"1","payments_domestic":"5","expense_claim_users":"1","cash_flow_forecast_days":"60"}},{"free":false,"name":"Comprehensive","summary":"£10/mo for first 6 months, then £50/mo","features":["Send invoices and quotes","Accept online invoice payments","MTD for Income Tax ready","Reconcile transactions","Auto-reconcile transactions (Beta)","Smart document capture","View real-time reports","Automate bill entry and track bills","Submit VAT returns to HMRC","Automate subcontractor CIS calculations and reports","Make online bill and payroll payments (domestic) for up to 10 payments","Payroll for 5 people","90 day cash flow forecast","Visualise performance with graphs","Customise performance dashboards","Claim expenses and mileage for 5 users","Use multiple currencies","Tailored financial health scorecards"],"commitment":"monthly","components":[{"kind":"fixed","amount":10,"period":"month","currency":"GBP"}],"description":"Optimise profitability - tailor your insights for greater control.","contactSales":false,"includedLimits":{"payroll_users":"5","payments_domestic":"10","expense_claim_users":"5","cash_flow_forecast_days":"90"}},{"free":false,"name":"Ultimate","summary":"£13/mo for first 6 months, then £65/mo","features":["Send invoices and quotes","Accept online invoice payments","MTD for Income Tax ready","Reconcile transactions","Auto-reconcile transactions (Beta)","Smart document capture","View real-time reports","Automate bill entry and track bills","Submit VAT returns to HMRC","Automate subcontractor CIS calculations and reports","Make online bill and payroll payments (domestic) for up to 15 payments","Payroll for 10 people","180 day cash flow forecast","Visualise performance with graphs","Customise performance dashboards","Claim expenses and mileage for 10 users","Use multiple currencies","Tailored financial health scorecards","Track time and costs for projects for 10 users","Analyse KPIs and ratios","Benchmark against the industry"],"commitment":"monthly","components":[{"kind":"fixed","amount":13,"period":"month","currency":"GBP"}],"description":"Future proof your scaling business - with advanced tools and analytics.","contactSales":false,"includedLimits":{"payroll_users":"10","payments_domestic":"15","expense_claim_users":"10","project_tracking_users":"10","cash_flow_forecast_days":"180"}}],"addOns":[{"name":"Make online bill payments (International)"},{"name":"Submit contractor CIS returns"}],"summary":"From £3.20/mo (first 6 months). 1 month free trial.","currency":"GBP","freeTier":false,"sourceUrl":"https://www.xero.com","retrievedAt":"2026-08-05T14:27:06.933Z","freeTrialDays":30,"startingPrice":{"amount":3.2,"period":"month","currency":"GBP"},"billingPeriods":["month"]}
Free tier-No
Modelcommercialcommercial
Price levellowlow
Starting gbp123.2
TransparentYesYes
Status pageYesYes
Disclosure policy-Yes
Gdpr-Yes
Iso27001YesYes
PciYesYes
Soc2-Yes

Capabilities

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

Capability comparison for Accounting Software
CapabilityMYOBXero
Core
Double-entry GL--
Multi-entityMulti-entity-
Multi-currency✓✓
Bank feedsAggregator-
Modules
AP automation-✓
AR / invoicing✓✓
Inventory✓-
Fixed assets--
Project accounting✓✓
Compliance
Tax complianceGST tracking, BAS preparation, automated tax and superannuation calculationsVAT returns, MTD for Income Tax, subcontractor CIS calculations
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.