MYOB vs FreshBooks — Australia 2026

MYOB vs FreshBooks for Australian business. Compare BAS lodgement, STP compliance, Modern Award support, data hosting & AU pricing.

Last verified 2026-09-08
Quick Verdict

MYOB for AU compliance, FreshBooks for simple invoicing

FreshBooks suits freelancers who mostly need invoicing and time tracking, but it lacks BAS lodgement, Modern Award payroll, and AU-hosted data. MYOB covers full AU compliance including STP Phase 2, BAS via SBR, and integrated payroll with award interpretation. For any GST-registered Australian business, MYOB is the clear choice.

Feature Comparison

FeatureMYOBFreshBooks
HeadquartersMelbourne, VICToronto, Canada
Entry Price$35/mo inc GST$29/mo inc GST
BAS LodgementOfficial plan comparison: Lite, Pro and AccountRight Plus list Track GST and lodge BAS. Solo is Track GST only. AI BAS is a beta add-on on Lite/Pro, not the lodgement channel itself.AU pricing page lists tax-time reports and double-entry reports from Plus up. No e-lodge BAS or SBR. You export and lodge elsewhere.
STP Phase 2compliantnot_supported
Payday Superreadyn/a
Modern AwardsMYOB still does not document native auto award interpretation on the pages opened this check. Award-rate libraries and employee pay items are configured by the employer; deep penalty-rate automation is a third-party marketplace add-on (QuokkaWorks) in prior copy. Do not treat that add-on as a MYOB certification.No Australian payroll features — Modern Award interpretation is not available in FreshBooks.
Bank FeedsBig 4 + 130+ bankslimited banks
Data HostingAUUS and EU
AU Support HoursMon-Fri 7am-7pm AESTLimited — approximately 7pm-3am AEDT (corresponds to North American business hours)
Phone SupportYesYes
Integrations350+ apps100+ apps

Pricing Comparison (AUD, Mar 2026)

Estimate first-year cost

MYOB Plans

Lite
$35/mo
AUD inc GST
  • Invoices: unlimited
  • Bills: basic
  • Bank Reconciliation: Yes
  • Bank Accounts: 2
  • Users: unlimited
AccountRight Plus
$165/mo
AUD inc GST
  • Invoices: unlimited
  • Bills: unlimited
  • Bank Reconciliation: Yes
  • Inventory: Yes
  • Time Billing: Yes
  • Users: unlimited
AccountRight Premier
$210/mo
AUD inc GST
  • Invoices: unlimited
  • Bills: unlimited
  • Bank Reconciliation: Yes
  • Inventory: Yes
  • Multi Currency: Yes
  • Users: unlimited

FreshBooks Plans

Lite
$29/mo
AUD inc GST
  • Clients: 5
  • Invoices: unlimited
  • Bank Reconciliation: No
  • Accountant Access: No
Premium
$60/mo
AUD inc GST
  • Clients: unlimited
  • Invoices: unlimited
  • Bank Reconciliation: Yes
  • Accountant Access: Yes
  • Project Profitability: Yes
Select
Quote
AUD inc GST
  • Clients: unlimited
  • Invoices: unlimited
  • Bank Reconciliation: Yes
  • Accountant Access: Yes

AU Compliance Scores

How we scoreScores are out of 5 and reflect depth of compliance support, ease of setup, and ongoing reliability for Australian businesses. Assessed March 2026.

MYOB

BAS Lodgement
5/5
STP Phase 2
5/5
Payday Super
5/5
Modern Awards
3/5
GST Handling
5/5
Bank Feeds
5/5

FreshBooks

BAS Lodgement
2/5
STP Phase 2
1/5
Payday Super
0/5
Modern Awards
0/5
GST Handling
3/5
Bank Feeds
2/5

Pros & Cons

MYOB

Pros

  • Australian phone support at 1300 555 666 (Mon-Fri 7am-7pm AEST) — Xero doesn't offer this
  • Share Lite/Pro/Plus with an advisor, accountant or bookkeeper at no extra cost
  • Unlimited quotes and invoices on Lite, Pro and Plus
  • Track GST and lodge BAS on Lite, Pro and Plus
  • Cloud platforms hosted in Australia on Azure and AWS (MYOB security practices page)
  • Pro connects unlimited bank accounts (Lite is capped at two)
  • 14-day free trial on Pro and AccountRight Plus
  • Annual billing on Lite ($315/year after offer = $26.25/mo equivalent)

Cons

  • Pro does not include payroll — $3/employee/month extra (max 2 employees on Lite)
  • Smaller app marketplace (350+ vs Xero's 1,000+)
  • Modern Award interpretation still needs a third-party add-on for full automation
  • AccountRight Plus is $165/mo; Premier $210/mo for multi-currency
  • UI feels less modern than Xero
  • Shorter free trial on some paths (14 days vs Xero's 30 days)
  • Public cancel path is conflicting: pricing FAQ copy vs 10-day terms notice vs help that says call 1300 940 281; in-app cancel was not opened

FreshBooks

Pros

  • Best invoicing experience in the market — professional templates, automated reminders, online payments via Stripe/PayPal
  • Easiest accounting platform to learn — intuitive interface designed for non-accountants
  • Built-in time tracking with one-click conversion to invoices — ideal for hourly billing
  • Phone support available at +61 1800 595452 (during North American business hours)
  • 30-day free trial with full feature access, no credit card required
  • Unlimited clients on Premium plan — scales well for growing freelancers
  • Multi-currency invoicing for international freelancers

Cons

  • No direct BAS lodgement to the ATO — a major gap for Australian compliance
  • No Australian payroll, STP Phase 2, or superannuation features — not for employers
  • Limited Australian bank feed coverage — relies on third-party aggregators
  • Data hosted in US and EU (Google Cloud) — not AU data sovereign
  • Support operates during North American hours (7pm-3am AEDT) — poor for AU daytime issues
  • Prices have increased three times since early 2025 — ongoing cost uncertainty
  • Lite plan has no bank reconciliation — limiting for actual bookkeeping

Who Should Choose MYOB

MYOB is best suited for businesses that need employer with payroll, phone support needed, au owned preference.

Choose MYOB if you are:

  • Employer With Payroll
  • Phone Support Needed
  • Au Owned Preference
  • Hospitality
  • Retail

Who Should Choose FreshBooks

FreshBooks is best suited for businesses that need freelancer, sole trader invoicing, consultant.

Choose FreshBooks if you are:

  • Freelancer
  • Sole Trader Invoicing
  • Consultant
  • International Freelancer
  • Simple Invoicing

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