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MYOB
MYOB
(37)
3.7 out of 5
MYOB
By MYOB
Xero
Xero
(1,314)
4.4 out of 5
Xero
By Xero
At a Glance
MYOB
MYOB
Star Rating
(37)3.7 out of 5
Market Segments
Small-Business (77.8% of reviews)
Information
Pros & Cons
Entry-Level Pricing
Starting at $12.00 Per Month
Browse all 4 pricing plans
Xero
Xero
Star Rating
(1,314)4.4 out of 5
Market Segments
Small-Business (69.4% of reviews)
Information
Pros & Cons
Entry-Level Pricing
$13.00 Per Month
Free Trial is available
Browse all 3 pricing plans
AI Generated Summary
AI-generated. Powered by real user reviews.
  • G2 reviewers report that Xero excels in overall user satisfaction, boasting a significantly higher score compared to MYOB. Users appreciate its intuitive interface and the simplicity of managing accounting tasks, with one user noting the ease of reconciling payments and receipts.
  • According to verified reviews, Xero's implementation process is praised for being quick and straightforward. Users highlight the easy initial setup that allows teams to get started without hassle, contrasting with MYOB, which, while user-friendly, has fewer recent reviews indicating its setup experience.
  • Users say that Xero's dashboard is clean and free from unnecessary clutter, making it easier to navigate. In comparison, MYOB is also noted for its simple interface, but some users feel it lacks the same level of intuitive design that Xero offers.
  • Reviewers mention that Xero provides superior support quality, with a score reflecting a strong commitment to customer service. In contrast, MYOB's support is seen as less responsive, with users expressing a desire for more robust assistance when issues arise.
  • Users highlight Xero's advanced features, such as effective invoice customization and automation capabilities, which streamline financial processes. MYOB, while functional, is perceived as less innovative in these areas, with users noting that it meets basic needs but lacks some of the advanced functionalities found in Xero.
  • According to recent feedback, Xero's performance and reliability are consistently praised, with users reporting a smooth experience in tracking cash flow and generating financial statements. MYOB, while reliable, has received mixed reviews regarding its performance, indicating that it may not always meet the expectations of users looking for high-level efficiency.
Pricing
Entry-Level Pricing
MYOB
MYOB Business Lite
Starting at $12.00
Per Month
Browse all 4 pricing plans
Xero
Starter / Early
$13.00
Per Month
Browse all 3 pricing plans
Free Trial
MYOB
Free Trial is available
Xero
Free Trial is available
Ratings
Meets Requirements
7.4
23
8.7
1,055
Ease of Use
7.6
23
8.9
1,108
Ease of Setup
7.6
12
8.6
801
Ease of Admin
8.0
5
8.7
369
Quality of Support
6.7
20
8.3
982
Has the product been a good partner in doing business?
8.3
5
8.6
364
Product Direction (% positive)
4.4
23
8.7
1,044
Features by Category
Expense ManagementHide 33 FeaturesShow 33 Features
Not enough data
8.3
286
Expense Reports
Not enough data
8.7
235
Not enough data
8.9
234
Not enough data
8.5
219
Not enough data
8.5
221
Not enough data
8.4
210
Not enough data
8.3
206
Not enough data
8.7
218
Agentic AI - Expense Management
Not enough data
8.9
106
Not enough data
9.1
107
Travel Management
Not enough data
7.8
193
Not enough data
7.3
186
Not enough data
7.1
184
Not enough data
7.6
188
Client Invoicing
Not enough data
9.0
222
Not enough data
8.7
209
Not enough data
8.6
208
Mobile
Not enough data
8.3
209
Not enough data
7.7
186
Not enough data
7.3
182
Platform
Not enough data
8.2
172
Not enough data
8.2
175
Administration
Not enough data
8.4
168
Administration
Not enough data
8.4
209
Not enough data
8.4
208
Not enough data
8.2
205
Not enough data
8.1
195
Not enough data
8.6
215
Platform
Not enough data
8.9
230
Not enough data
8.5
197
Not enough data
8.3
188
Not enough data
9.1
217
Not enough data
8.4
199
Not enough data
5.8
170
AccountingHide 61 FeaturesShow 61 Features
7.6
13
8.5
919
General Ledger
8.3
11
8.6
678
|
Verified
7.1
8
8.2
634
|
Verified
7.9
11
8.5
648
|
Verified
Accounts Receivable
8.0
9
8.7
698
|
Verified
8.3
7
8.3
599
8.1
7
8.2
614
|
Verified
Accounts Payable
8.6
7
8.5
594
8.3
10
8.7
650
|
Verified
8.1
8
8.5
621
|
Verified
Other Functionality
7.4
9
7.9
554
6.7
8
7.9
553
6.7
8
8.0
540
|
Verified
7.4
7
7.8
573
|
Verified
7.7
8
8.4
604
|
Verified
8.3
12
8.9
676
|
Verified
8.2
11
8.2
588
|
Verified
7.5
6
8.4
590
Reporting & Analytics
7.9
11
8.8
692
|
Verified
7.5
10
8.6
667
|
Verified
7.3
8
8.4
578
|
Verified
6.9
8
8.7
682
|
Verified
Platform
7.5
8
8.3
628
|
Verified
7.1
8
8.2
600
7.5
8
8.6
656
|
Verified
6.3
8
8.2
558
|
Verified
7.3
10
8.8
665
|
Verified
7.0
9
8.6
612
|
Verified
Integration
7.3
8
8.6
633
|
Verified
7.9
7
8.6
559
7.6
7
8.4
589
|
Verified
Cash Flow
7.6
7
8.7
525
|
Verified
7.9
8
9.0
545
|
Verified
8.1
8
8.7
512
|
Verified
Budgeting & Forecasting
7.3
8
8.4
578
|
Verified
7.1
7
8.6
515
|
Verified
6.7
6
8.3
479
|
Verified
7.8
9
8.5
508
|
Verified
Revenue
7.3
8
8.7
533
|
Verified
7.6
9
8.6
519
|
Verified
7.2
6
8.3
487
|
Verified
Payroll
8.1
8
8.2
466
|
Verified
7.1
7
7.9
452
|
Verified
8.0
9
8.4
494
|
Verified
7.9
7
8.8
508
|
Verified
AI
Not enough data
8.2
340
Not enough data
8.7
340
Not enough data
8.6
340
Not enough data
8.4
338
Not enough data
8.4
336
Not enough data
8.0
335
Not enough data
8.9
343
Not enough data
8.7
341
Not enough data
8.6
332
Not enough data
8.3
333
Mobile Applications - Accounting
Not enough data
8.7
331
Not enough data
8.7
320
Not enough data
8.7
329
Not enough data
7.2
298
Not enough data
8.8
323
Not enough data
8.9
323
Agentic AI - Accounting
Not enough data
8.4
297
Nonprofit AccountingHide 9 FeaturesShow 9 Features
Not enough data
8.7
885
General Ledger
8.3
11
8.6
678
|
Verified
7.1
8
8.2
634
|
Verified
7.9
11
8.5
648
|
Verified
Accounts Receivable
8.0
9
8.7
698
|
Verified
8.3
7
8.3
599
8.1
7
8.2
614
|
Verified
Accounts Payable
8.6
7
8.5
594
8.3
10
8.7
650
|
Verified
8.1
8
8.5
621
|
Verified
Invoice ManagementHide 18 FeaturesShow 18 Features
Not enough data
8.7
278
Invoice Generation
Not enough data
8.7
231
Not enough data
9.0
230
Not enough data
9.0
225
Invoice Processing
Not enough data
8.7
223
Not enough data
8.7
222
Not enough data
8.4
220
Not enough data
9.0
230
Analytics
Not enough data
9.0
222
Not enough data
8.6
223
Not enough data
8.3
210
Not enough data
8.8
225
Integration
Not enough data
9.1
234
Not enough data
8.9
227
Not enough data
8.2
216
Not enough data
8.6
227
Agentic AI - Invoice Management
Not enough data
8.5
131
Not enough data
8.5
132
Not enough data
8.5
133
ERP SystemsHide 85 FeaturesShow 85 Features
Not enough data
Not enough data
Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Back Office
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Front Office
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Logistics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Production
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Reporting & Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - ERP Systems
Not enough data
Not enough data
Inventory ControlHide 21 FeaturesShow 21 Features
Not enough data
9.0
110
Multichannel inventory management
Not enough data
8.8
87
Not enough data
8.9
87
Not enough data
8.6
87
3PL inventory management
Not enough data
9.0
87
Not enough data
8.9
87
Not enough data
8.8
86
Inventory Management
Not enough data
9.1
88
Not enough data
8.9
87
Not enough data
8.9
85
Not enough data
8.8
86
Not enough data
9.3
86
Inventory Management Platform Features
Not enough data
9.1
92
Not enough data
9.2
93
Not enough data
8.9
92
Not enough data
8.9
89
Not enough data
8.9
89
Not enough data
9.2
93
Not enough data
9.0
91
Not enough data
9.3
90
Not enough data
9.4
92
Not enough data
9.4
92
BillingHide 10 FeaturesShow 10 Features
Not enough data
8.6
260
Bill Generation
Not enough data
8.5
212
Not enough data
8.8
216
Not enough data
8.8
217
Bill Processing
Not enough data
8.3
208
Not enough data
8.5
209
Not enough data
8.7
212
Integration
Not enough data
8.9
221
Not enough data
8.7
215
Not enough data
8.1
203
Agentic AI - Billing
Not enough data
8.6
122
Accounting Practice ManagementHide 21 FeaturesShow 21 Features
Not enough data
Not enough data
Communication
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Collaboration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Billing
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Onboarding
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Visibility
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Accounting Practice Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounting & FinanceHide 1 FeatureShow 1 Feature
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
MYOB
MYOB
Xero
Xero
MYOB and Xero are categorized as Accounting
Unique Categories
MYOB
MYOB is categorized as Accounting Practice Management and ERP Systems
Xero
Reviews
Reviewers' Company Size
MYOB
MYOB
Small-Business(50 or fewer emp.)
77.8%
Mid-Market(51-1000 emp.)
22.2%
Enterprise(> 1000 emp.)
0%
Xero
Xero
Small-Business(50 or fewer emp.)
69.4%
Mid-Market(51-1000 emp.)
24.4%
Enterprise(> 1000 emp.)
6.2%
Reviewers' Industry
MYOB
MYOB
Accounting
36.1%
Printing
5.6%
Financial Services
5.6%
Construction
5.6%
Computer Software
5.6%
Other
41.7%
Xero
Xero
Accounting
20.0%
Information Technology and Services
8.3%
Computer Software
6.8%
Marketing and Advertising
5.9%
Construction
3.2%
Other
55.8%
Alternatives
MYOB
MYOB Alternatives
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Add SAP S/4HANA Cloud
Acumatica
Acumatica
Add Acumatica
NetSuite
NetSuite
Add NetSuite
Sage Intacct
Sage Intacct
Add Sage Intacct
Xero
Xero Alternatives
NetSuite
NetSuite
Add NetSuite
QuickBooks Online
QuickBooks Online
Add QuickBooks Online
FreshBooks
FreshBooks
Add FreshBooks
Sage Intacct
Sage Intacct
Add Sage Intacct
Discussions
MYOB
MYOB Discussions
What does MYOB software do?
1 Comment
Daisy D.
DD
MYOB does the accounting process of recording, storing and categorising transaction data into an organised and concise financial information that can be...Read more
Monty the Mongoose crying
MYOB has no more discussions with answers
See all discussions
Xero
Xero Discussions
What is Xero software used for?
3 Comments
Bryant A.
BA
Bookkeeping and Accounting. Read more
Is XERO a good accounting software?
3 Comments
RB
Xerox is user-friendly accounting software. Read more
What is Xero used for?
3 Comments
Mitesh P.
MP
Accounting, bookkeeping, tax return, payroll, expenses management etc. For small or medium businessRead more
See all discussions
Ask MYOB a QuestionContact MYOB
Ask Xero a QuestionContact Xero

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MYOB
MYOB
Xero
Xero