MYOB vs KeyPay — Australia 2026
MYOB vs KeyPay payroll comparison for AU businesses. Modern Award interpretation, STP Phase 2, Payday Super status & pricing.
KeyPay Plus for awards; MYOB for accounting plus phone support
MYOB does not document native auto award interpretation; payroll on Pro is $3/employee extra (included only on AccountRight Plus $165 / Premier $210). KeyPay Plus is the vendor awards SKU; public KeyPay prices are quote-only. Both vendor-claim STP. MYOB Pay Super is described as Payday Super-compliant on the setup guide. Choose MYOB when you want AU phone support and BAS in the same product. Choose KeyPay Plus for penalty-rate automation.
Feature Comparison
| Feature | MYOB | KeyPay |
|---|---|---|
| Headquarters | Melbourne, VIC | Sydney, NSW |
| Entry Price | $35/mo inc GST | Quote |
| BAS Lodgement | Official 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. | Payroll-only. BAS stays in the connected accounting product. |
| STP Phase 2 | compliant | compliant |
| Payday Super | ready | ready |
| Modern Awards | MYOB 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. | Award interpretation is Plus-only on keypay.com.au/pricing and /feature/automation-for-awards. Vendor copy: pre-built modern awards kept up to date with Fair Work. Not a Fair Work certification. Standard does not include it. |
| Bank Feeds | Big 4 + 130+ banks | N/A |
| Data Hosting | AU | AU |
| AU Support Hours | Mon-Fri 7am-7pm AEST | Mon-Fri 9am-5pm AEST |
| Phone Support | Yes | No |
| Integrations | 350+ apps | 30+ apps |
Pricing Comparison (AUD, Mar 2026)
MYOB Plans
- ✓Invoices: unlimited
- ✓Bills: basic
- ✓Bank Reconciliation: Yes
- ✓Bank Accounts: 2
- ✓Users: unlimited
- ✓Invoices: unlimited
- ✓Bills: unlimited
- ✓Bank Reconciliation: Yes
- ✓Bank Accounts: unlimited
- ✓Users: unlimited
- ✓Invoices: unlimited
- ✓Bills: unlimited
- ✓Bank Reconciliation: Yes
- ✓Inventory: Yes
- ✓Time Billing: Yes
- ✓Users: unlimited
- ✓Invoices: unlimited
- ✓Bills: unlimited
- ✓Bank Reconciliation: Yes
- ✓Inventory: Yes
- ✓Multi Currency: Yes
- ✓Users: unlimited
KeyPay Plans
- ✓Employees: unlimited
- ✓Clients: unlimited
- ✓Employees: unlimited
- ✓Clients: unlimited
AU Compliance Scores
MYOB
KeyPay
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
KeyPay
Pros
- Plus plan lists pre-built Modern Award interpretation and a pay conditions engine
- STP reporting and automated super payments listed on Standard and Plus
- Unlimited employees and clients on the published feature matrix
- AWS Sydney hosting on the trust page, with ISO 27001 and PCI copy
- Native accounting journals to Xero, MYOB and QuickBooks on the integrations page
- Built for accountants running many client payrolls
Cons
- AU pricing page is quote-only — previously stored $4/$6 per employee cannot be re-confirmed
- Payroll-only: no BAS, GST, invoicing or bank feeds
- Award interpretation is Plus, not Standard
- No phone support on the pages opened this check
- KeyPay is now Employment Hero — standalone KeyPay buyers are pushed to EH sales
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 KeyPay
KeyPay is best suited for businesses that need accountant bookkeeper, multi client payroll, complex modern awards.
Choose KeyPay if you are:
- Accountant Bookkeeper
- Multi Client Payroll
- Complex Modern Awards
- Hospitality Payroll