Choosing The Right MYOB Accounting Software For Your Business

MYOB Accounting Software

Most small to medium sized NZ businesses will find a package from either the MYOB Business or AccountRight families more than meets their needs. 


The primary distinction between MYOB Business and MYOB AccountRight lies in their accessibility. MYOB Business is only accessed with a web browser, while with MYOB AccountRight you can use either a web browser or software installed on your computer.

In terms of functionality, AccountRight offers a more extensive feature set compared to MYOB Business. Generally, smaller and less complex businesses tend to prefer MYOB Business, while larger businesses or those with intricate requirements often opt for MYOB AccountRight.


Below we give a brief overview of different MYOB packages so you can identify which is most appropriate for your needs. And if you're still not sure which is right for you, click here for help.

To find the most suitable MYOB software for your business, click one of the buttons below that best matches the type of business you have.

MYOB Business Connected Ledger

With or without payroll

Suits a trust, property rental business, sole trader which doesn’t need to invoice or track supplier bills.

$18

/month

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Track income & expenses to produce your Profit & Loss Statement
  • Connect unlimited bank accounts with bank feeds
  • Track and report GST to IRD automatically
  • 24 reports with filters to customise
  • Optional payroll for up to 4 employees (additional $7 a month)

MYOB Business Connected Ledger

With or without payroll

Suits a trust, property rental business, sole trader which doesn’t need to invoice or track supplier bills.

$205

/year

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Track income & expenses to produce your Profit & Loss Statement
  • Connect unlimited bank accounts with bank feeds
  • Track and report GST to IRD automatically
  • 24 reports with filters to customise
  • Optional payroll for up to 4 employees (additional $80 a year)
  • Applications for online invoice payments are subject to approval. Online invoice payments in New Zealand is managed by MYOB and delivered by Stripe. Fees apply when clients pay their invoices with online invoice payments i.e. 2.7% + $0.25c per transaction. No set up or cancellation fees. Rate applies to VISA, MasterCard, Apple Pay and Google Pay transactions.
  • Prices exclude GST

MYOB Business Lite

Ideal for sole traders and small businesses or charities with up to 2 employees.

$32

/month

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Create & send unlimited invoices and quotes
  • Track income & expenses to produce your Profit & Loss Statement
  • Connect 2 bank accounts with bank feeds
  • Track and report GST to IRD automatically
  • Scan and store receipts, supplier invoices & sales orders
  • 50 reports with filters to customise
  • Customers can pay you via credit card
  • Track jobs
  • Add Payroll for up to 2 employees. $1.50/month per employee
  • Can upgrade to Pro when you grow
  • Manage your business on desktop or mobile
  • Software updates done for you – no need to install software
  • Freedom to cancel at any time – no lock in

MYOB Business Lite

Ideal for sole traders and small businesses or charities with up to 2 employees.

$365

/year

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Create & send unlimited invoices and quotes
  • Track income & expenses to produce your Profit & Loss Statement
  • Connect 2 bank accounts with bank feeds
  • Track and report GST to IRD automatically
  • Scan and store receipts, supplier invoices & sales orders
  • 50 reports with filters to customise
  • Customers can pay you via credit card
  • Track jobs
  • Add Payroll for up to 2 employees. $1.50/month per employee)
  • Can upgrade to Pro when you grow
  • Manage your business on desktop or mobile
  • Software updates done for you – no need to install software
  • Freedom to cancel at any time – no lock in
  • Applications for online invoice payments are subject to approval. Online invoice payments in New Zealand is managed by MYOB and delivered by Stripe. Fees apply when clients pay their invoices with online invoice payments i.e. 2.7% + $0.25c per transaction. No set up or cancellation fees. Rate applies to VISA, MasterCard, Apple Pay and Google Pay transactions.
  • Prices exclude GST

MYOB Business Pro

For growing businesses or charities with multiple employees wanting more advanced reporting

$52

/month

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Track income & expenses to produce your Profit & Loss Statement
  • Scan and store receipts, supplier invoices & sales orders
  • Connect unlimited bank accounts with bank feeds
  • Advanced reporting with 60 reports
  • Create multiple budgetsOptional full inventory control
  • 60 reports with filters to customise
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Track and report GST to IRD automatically
  • Create and send unlimited invoices and quotes
  • Customers can pay you via credit card
  • Manage your business on desktop or mobile
  • Software updates done for you – no need to install software
  • Freedom to cancel at any time – no lock in

MYOB Business Pro

For growing businesses or charities with multiple employees wanting more advanced reporting

$593

/year

Includes BONUS 1 hour setup and initial training for new customers

Key Features:

  • Track income & expenses to produce your Profit & Loss Statement
  • Scan and store receipts, supplier invoices & sales orders
  • Connect unlimited bank accounts with bank feeds
  • Advanced reporting with 60 reports
  • Create multiple budgetsOptional full inventory control
  • 60 reports with filters to customise
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Track and report GST to IRD automatically
  • Create and send unlimited invoices and quotes
  • Customers can pay you via credit card
  • Manage your business on desktop or mobile
  • Software updates done for you – no need to install software
  • Freedom to cancel at any time – no lock in
  • Applications for online invoice payments are subject to approval. Online invoice payments in New Zealand is managed by MYOB and delivered by Stripe. Fees apply when clients pay their invoices with online invoice payments i.e. 2.7% + $0.25c per transaction. No set up or cancellation fees. Rate applies to VISA, MasterCard, Apple Pay and Google Pay transactions.
  • Prices exclude GST

MYOB Business AccountRight Plus

For established businesses needing to fast track pay runs and inventory

$85

/month

Includes BONUS 1 hour setup and initial training for new customers

AccountRight Plus includes MYOB business payroll bundled in. It also includes time billing module which allows a business to track & charge time by either employees or sub-contractors. If you use other non-MYOB software, time billing is usually a costly add-on.

Key Features:

  • Bank feeds enables fast, accurate coding & allows for easy bank reconciliation
  • Budgeting option allows actual versus your budget
  • Receipts and bills can be scanned and automatically coded
  • Enter customer quotes, orders, & invoices. Generate customer statements
  • Can track items you buy or sell and inventory allowing for full stock control
  • Job costing
  • Category (branch) reporting
  • Company file auditor provides users with a health check
  • Connects to the IRD for GST reporting
  • Connects to add-on packages using the API or file import option
    130+ reports available
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Easy upgrade to Premier for enhanced inventory & multi-currency
  • Can run via the AccountRight app or via the browser

MYOB Business AccountRight Plus

For established businesses needing to fast track pay runs and inventory

$969

/year

Includes BONUS 1 hour setup and initial training for new customers

AccountRight Plus includes MYOB business payroll bundled in. It also includes time billing module which allows a business to track & charge time by either employees or sub-contractors. If you use other non-MYOB software, time billing is usually a costly add-on.

Key Features:

  • Bank feeds enables fast, accurate coding & allows for easy bank reconciliation
  • Budgeting option allows actual versus your budget
  • Receipts and bills can be scanned and automatically coded
  • Enter customer quotes, orders, & invoices. Generate customer statements
  • Can track items you buy or sell and inventory allowing for full stock control
  • Job costing
  • Category (branch) reporting
  • Company file auditor provides users with a health check
  • Connects to the IRD for GST reporting
  • Connects to add-on packages using the API or file import option
    130+ reports available
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Easy upgrade to Premier for enhanced inventory & multi-currency
  • Can run via the AccountRight app or via the browser
  • Applications for online invoice payments are subject to approval. Online invoice payments in New Zealand is managed by MYOB and delivered by Stripe. Fees apply when clients pay their invoices with online invoice payments i.e. 2.7% + $0.25c per transaction. No set up or cancellation fees. Rate applies to VISA, MasterCard, Apple Pay and Google Pay transactions.
  • Prices exclude GST

MYOB Business AccountRight Premier

For more complex businesses that need multi-currency support

$1,140

/year

Includes BONUS 1 hour setup and initial training for new customers

AccountRight Premier offers everything Plus has. In addition it includes multi-currency and multi-stock location for businesses that import and export and have multiple warehouses. It’s ideal for businesses that buy or sell overseas or one which needs to connect to an add-on package or needs inventory and/or job costing.

Key Features:

  • Bank feeds enables fast, accurate coding & allows for easy bank reconciliation
  • Budgeting option allows actual versus your budget
  • Receipts and bills can be scanned and automatically coded
  • Enter customer quotes, orders, & invoices 
  • Generate customer statements
  • Can track items you buy or sell and inventory allowing for full stock control
  • Job costing
  • Category (branch) reporting
  • Company file auditor provides users with a health check
  • Connects to the IRD for GST reporting
  • Connects to add-on packages using the API or file import option
  • 130+ reports available
  • Multi-currency
  • Enhanced inventory including multiple stock locations
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Can run via the AccountRight app or via the browser

MYOB Business AccountRight Premier

For more complex businesses that need multi-currency support

$100

/month

Includes BONUS 1 hour setup and initial training for new customers

AccountRight Premier offers everything Plus has. In addition it includes multi-currency and multi-stock location for businesses that import and export and have multiple warehouses. It’s ideal for businesses that buy or sell overseas or one which needs to connect to an add-on package or needs inventory and/or job costing.

Key Features:

  • Bank feeds enables fast, accurate coding & allows for easy bank reconciliation
  • Budgeting option allows actual versus your budget
  • Receipts and bills can be scanned and automatically coded
  • Enter customer quotes, orders, & invoices 
  • Generate customer statements
  • Can track items you buy or sell and inventory allowing for full stock control
  • Job costing
  • Category (branch) reporting
  • Company file auditor provides users with a health check
  • Connects to the IRD for GST reporting
  • Connects to add-on packages using the API or file import option
  • 130+ reports available
  • Multi-currency
  • Enhanced inventory including multiple stock locations
  • Add Payroll for unlimited employees. $1.50/month per employee
  • Can run via the AccountRight app or via the browser
  • Applications for online invoice payments are subject to approval. Online invoice payments in New Zealand is managed by MYOB and delivered by Stripe. Fees apply when clients pay their invoices with online invoice payments i.e. 2.7% + $0.25c per transaction. No set up or cancellation fees. Rate applies to VISA, MasterCard, Apple Pay and Google Pay transactions.
  • Prices exclude GST

Need Help Choosing?

Still not sure which of the above accounting software packages is best for you? Contact us and we'll make choosing the right software easy. We have over 25 years hands-on experience with accounting software and our consultants are experts with all the MYOB packages.

Our 'go to'

AccountAgility is our ‘go to’ when we have clients getting messed up with their MYOB files. Lynley will go in, health check the file, correct the errors and train the bookkeeper to follow best practice.

We look after the client’s tax requirements, but she will dig deep into the software to ensure the reports are reliable.

Margot Leigh ... Chartered Accountant Margot Leigh & Associates

Really appreciated the support

We choose Lynley because she has many years experience on payroll setup & training. Over the years Lynley has always been available to assist online with questions on both the payroll software and on payroll legislation. We really have appreciated the support.

Sharleen Murray ... Office Manager – Stauff Corporation

Streamlined our systems

Gow Langford Gallery is NZ’s largest privately owned art gallery. The Gallery represents over thirty established New Zealand and international artists. The accounting systems need to be able to accommodate complex transactions.

AccountAgility have worked closely with us, supporting both AccountRight and Payroll since 2012. We have streamlined our systems to eliminate additional spreadsheets and paper documents and now make maximum use of AccountRight.

Shona Irwin ... Chief Financial Officer Gow Langsford Gallery