# MYOB vs Odoo Accounting

**Leader by Vioscale score:** Odoo Accounting

| Attribute | MYOB | Odoo Accounting |
|---|---|---|
| **Vioscale score** | 71.2 (48% (low)) | 80.2 (53% (medium)) |
| deployment.options | `{"cloud":true}` | `{"cloud":true,"hybrid":true,"on_prem":true,"self_hosted":true}` |
| description.long | 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. | AI-native accounting platform covering invoicing, expenses, reconciliation, tax returns, and real-time reporting. Integrates with 28,000+ banks with 98% AI-powered invoice recognition and 95% automated transaction matching. |
| features.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}` | `{"inventory":true,"api_access":"full","bank_feeds":"direct","deployment":"hybrid","ar_invoicing":true,"multi_entity":"multi_entity","ap_automation":true,"multi_currency":true,"tax_compliance":"Country-specific reports, electronic invoicing, audit files, fiscal positions wi","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}` |
| integrations.count | - | 28,000 |
| integrations.list | - | `[{"name":"28,000+ banks"}]` |
| platform.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":true,"name":"One App","summary":"Free, unlimited users","features":["Accounting app","Unlimited users"],"components":[{"kind":"fixed","amount":0,"period":"month","currency":"GBP"}],"description":"One app, unlimited users","contactSales":false},{"free":false,"name":"Standard","summary":"GBP 18/user/month (annual discount), GBP 28/user/month regular","features":["All apps","Unlimited support","Hosting","Maintenance","Daily backups","Email integration","24/7 monitoring","Free eLearning access"],"commitment":"annual","components":[{"kind":"per_unit","unit":"seat","amount":18,"period":"month","currency":"GBP"}],"description":"All apps on Odoo Online","contactSales":false},{"free":false,"name":"Custom","summary":"GBP 26.50/user/month (annual discount), GBP 42/user/month regular","features":["All apps","Odoo Studio","Multi-Company","External API","Unlimited support","Hosting","Maintenance","Daily backups","Email integration","24/7 monitoring","Free eLearning access","On-premise or Odoo.sh hosting options"],"commitment":"annual","components":[{"kind":"per_unit","unit":"seat","amount":26.5,"period":"month","currency":"GBP"}],"description":"All apps on Odoo Online, Odoo.sh, or On-premise with advanced features","contactSales":false}],"summary":"Free tier with unlimited users. Paid plans from GBP 18–28/user/month (Standard) or GBP 26.50–42/user/month (Custom). Annual commitment for discount; no hidden costs.","currency":"GBP","freeTier":true,"sourceUrl":"https://www.odoo.com/app/accounting","retrievedAt":"2026-08-03T12:17:07.007Z","startingPrice":{"amount":18,"period":"month","currency":"GBP"},"billingPeriods":["month","year"]}` |
| pricing.free_tier | - | yes |
| pricing.model | commercial | freemium |
| pricing.price_level | low | mid |
| pricing.starting_gbp | 12 | 18 |
| pricing.transparent | yes | yes |
| reliability.status_page | yes | yes |
| security.disclosure_policy | - | yes |
| security.iso27001 | yes | - |
| security.pci | yes | - |

## Capabilities (Accounting Software)

| Capability | MYOB | Odoo Accounting |
|---|:--:|:--:|
| **Core** |  |  |
| Double-entry GL | - | ✓ |
| Multi-entity | Multi-entity | Multi-entity |
| Multi-currency | ✓ | ✓ |
| Bank feeds | Aggregator | Direct feeds |
| **Modules** |  |  |
| AP automation | - | ✓ |
| AR / invoicing | ✓ | ✓ |
| Inventory | ✓ | ✓ |
| Fixed assets | - | - |
| Project accounting | ✓ | ✓ |
| **Compliance** |  |  |
| Tax compliance | GST tracking, BAS preparation, automated tax and superannuation calculations | Country-specific reports, electronic invoicing, audit files, fiscal positions wi |
| **Workflow** |  |  |
| Accountant collaboration | ✓ | ✓ |
| **Payments** |  |  |
| Payments capture | ✓ | ✓ |
| **Ecosystem** |  |  |
| API access | - | Full |
| **Deployment** |  |  |
| Deployment | Cloud | Hybrid |

*Source: Vioscale. Generated 2026-08-07T00:01:48.637Z. "-" = undocumented, not absent.*
