2026 head-to-head

FreshBooks vs MYOB: Which is Better in 2026?

MYOB wins on more features overall (5 vs 3, 11 tied). Below is the full feature-by-feature breakdown.

Scoreboard

3
FreshBooks wins
11
Tied
5
MYOB wins

Feature-by-feature comparison

Pricing

Feature FreshBooks MYOB
Free plan
✗ No
30-day trial only
✗ No
30-day trial only
Entry paid plan
— Paid add-on
AU$17/mo Lite, AU$30/mo Plus
— Paid add-on
AU$29/mo Lite, AU$60/mo Pro
Download PDF without signup
✗ No
✗ No

Invoicing features

Feature FreshBooks MYOB
Unlimited invoices
— Limited
Lite plan caps at 5 clients
— Limited
Lite plan caps at 20 invoices/quotes per month
Custom logo & branding
✓ Yes
✓ Yes
Recurring invoices
✓ Yes
— Paid add-on
Pro plan only
Email invoices to clients
✓ Yes
✓ Yes
Multi-currency
✓ Yes
— Paid add-on
AccountRight Premier only
Client management
✓ Yes
✓ Yes

Australian compliance

Feature FreshBooks MYOB
ATO-compliant GST invoices
— Limited
Configurable but not ATO-formatted by default
✓ Yes
ABN field built in
— Limited
Manual setup via custom fields
✓ Yes
Australian-focused support
✗ No
✓ Yes
Australia-based phone support

Accounting features

Feature FreshBooks MYOB
Bank reconciliation
✓ Yes
Plus plan and above
✓ Yes
Expense tracking
✓ Yes
✓ Yes
Payroll
— Limited
US-only via Gusto integration
✓ Yes
STP Phase 2 compliant
Inventory tracking
✗ No
✓ Yes

Integrations

Feature FreshBooks MYOB
Stripe payments
✓ Yes
✓ Yes
Mobile app
✓ Yes
✓ Yes

Setup & support

Feature FreshBooks MYOB
Setup time
— Limited
~15 min onboarding
✗ No
Hours-to-days — guided setup wizard

Where FreshBooks wins

  • Recurring invoices
  • Multi-currency
  • Setup time

Where MYOB wins

  • ATO-compliant GST invoices
  • ABN field built in
  • Australian-focused support
  • Payroll
  • Inventory tracking

A third option: InvoiceSonic, free

Neither tool fits your invoicing-only workflow? Try InvoiceSonic — free for unlimited ATO-compliant tax invoices, no signup required.

Create a free invoice now →

Frequently asked questions

Is FreshBooks cheaper than MYOB?

FreshBooks starts at AU$17/mo (Lite); MYOB starts at AU$29/mo (Lite). FreshBooks offers 30-day free trial. MYOB offers 30-day free trial.

Does FreshBooks handle Australian GST and ABN better than MYOB?

For ATO-compliant GST: FreshBooks = limited, MYOB = yes. For native ABN field: FreshBooks = limited, MYOB = yes. If you operate in Australia and either tool falls short here, InvoiceSonic handles both natively — and it's free.

Which is better for freelancers — FreshBooks or MYOB?

Most freelancers want fast invoicing without paying for full accounting. Between these two, MYOB wins more categories overall. But if you're a freelancer who just wants ATO-compliant tax invoices for free, InvoiceSonic is purpose-built for that workflow.

Can I switch from FreshBooks to MYOB easily?

Do not assume a one-click migration. Confirm each product's current export and import formats, then test contacts, opening balances, unpaid invoices, tax codes, attachments and reconciliations before cancelling the old account. Keep statutory records outside both systems.

Should I use FreshBooks or MYOB for invoicing only?

Both tools include more than invoicing. If invoicing is your only need, a dedicated generator can be faster and more focused than a full accounting subscription.

Is there a free alternative to both FreshBooks and MYOB?

Yes — InvoiceSonic lets you create and download an invoice without signup. Its account plans have separate limits and pricing, so compare current official plans before deciding.