MYOB now has a suite of subscription-based products and a browser-based accounting product that was released in August 2010. On 24 October 2012, MYOB released AccountRight Live - the cloud-enabled version of its flagship product. MYOB competes with Xero and QuickBooks.
N/A
Xero
Score 8.5 out of 10
N/A
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.
$13
per month
Pricing
MYOB
Xero
Editions & Modules
No answers on this topic
Early
$13
per month
Growing
$37
per month
Established
$70
per month
Offerings
Pricing Offerings
MYOB
Xero
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Prices in table are in USD and just apply to the US - other markets & prices are listed below:
Canada - Starter $18 CAD/month, Standard $45 CAD/month, Premium 5 $58 CAD/month
UK - Starter £14/month, Standard £28/month, Premium £36/month
AU - Starter $29 AUD/month, Standard $59 AUD/month, Premium 5 $76 AUD/month
NZ - Starter $31 NZD/month, Standard $66 NZD/month, Premium $84 NZD/month
Some of my clients switched to Xero as they were using MYOB ACE payroll before but ACE payroll is a workstation based application which is not supported on Microsoft Server 2016 or Microsoft Server 2019. The only upgrade was the essentials and essentials plus but it was …
I did a trial run on Xero I had trouble finding how to set up things, the customer support was terrible. The support you get from MYOB when you need it is really good.
I found Xero just a little to plain for my liking, I went with MYOB for my second business as it was easier to do this, and I already knew how it all worked. Xero does have a few features that are pretty good, but overall I think MYOB is a better product.
Better platform, similar pricing, and much better customer communications and service.
Xero
Verified User
Account Manager
Chose Xero
Handy to have Xero in the cloud so I can use it wherever I am. Help and support easier to access than MYOB was 3+ years ago. Selected Xero for multi-currency and easy payroll. Handles superannuation nicely, takes all the work out of submitting superannuation - this feature has …
Compared to the PC based MYOB that we (and other businesses I have been closely involved with) have run, Xero is simple and easy to use, saving headaches and problems. Xero is one product in the growing list of on-line offerings today across many fields, and (in my opinion) …
Verified User
Manager
Chose Xero
Xero is so much easier to use than MYOB and we are really glad we made the switch.
MYOB certainly has its place in the industry and don't personally feel you could have one without the other. They both hold strong in the accounting software field and depending on client needs, varies my response to which one 'stacks up' better for that individual business. …
I've previously used MYOB and think it's reasonable to say that MYOB has functional advantages and more power compared to Xero but prefer to use Xero based on the simplicity of use and how the user interface is a bit more user friendly. In a small business with lower accounting …
MYOB was tricky to navigate and got out of control really quickly compared to Xero. Xero has much cleaner interface and just works much better in my opinion
Xero stands out as the industry leader in terms of ease of use, functionality, integration possibilities, usability, and reporting functionality. Having extensive experience with various accounting software as a business owner and mentor, Xero consistently proves to be my top …
Xero had better recommendations and my accountant preferred it even though it wasn't the cheapest, it came out the most recommended. Wave had a free version and a fairly good mobile experience this was our second choice.
Xero has a much easier, user-friendly interface for ease of use in comparison to the above software and also saves time with day-to-day processing, payables, visibility on items due or requiring attention and the payroll is far easier to use. You can view previous pay runs and …
Xero could be slightly more expensive compared to these products but to me, Xero is the most user-friendly platform. It is very easy to use. Their support page and email support are also great. Apart from the platform, Xero has lots of integrations with other software providers …
Xero captures all data on one platform with seamless integration with other apps such as EFT systems, CRM, jobflow, etc. Xero processes faster than any other app and has better support systems and user manuals than other products. The price of Xero is very competitive based on …