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:
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:
- 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:
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:
- 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:
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:
- 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:
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:
- 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:
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:
- 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.
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.
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.