2026 comparison

InvoiceSonic vs MYOB: Which is Better in 2026?

Australian accounting incumbent

Scoreboard

InvoiceSonic wins

Tied

MYOB wins

TLDR

MYOB is the Australian incumbent for SMB accounting — battle-tested, ATO-integrated, but priced and built like enterprise software. InvoiceSonic is a free, modern invoice generator that ships in seconds instead of days. Pick MYOB if you want a one-stop accounting suite with payroll; pick InvoiceSonic if you want to send a professional GST invoice in 60 seconds without a $29/month subscription.

Feature-by-feature comparison

Pricing

Feature	InvoiceSonic	MYOB
Free plan	— Limited First PDF without an account; free account includes 3 invoices a month	✗ No 30-day trial only
Entry paid plan	✓ Yes Flat Pro subscription; see current local pricing	— Paid add-on AU$29/mo Lite, AU$60/mo Pro
Download PDF without signup	✓ Yes	✗ No

Invoicing features

Feature	InvoiceSonic	MYOB
Unlimited invoices	✓ Yes Unlimited saved invoices on the Pro plan	— Limited Lite plan caps at 20 invoices/quotes per month
Custom logo & branding	✓ Yes	✓ Yes
Recurring invoices	✓ Yes Pro plan	— 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	InvoiceSonic	MYOB
Sales tax, GST and VAT fields	✓ Yes	✓ Yes
Country-ready business ID fields	✓ Yes Includes ABN and other country-specific identifiers	✓ Yes
Country-specific invoice setup	✓ Yes	✓ Yes Australia-based phone support

Accounting features

Feature	InvoiceSonic	MYOB
Bank reconciliation	✗ No We focus on invoicing, not bookkeeping	✓ Yes
Expense tracking	✗ No	✓ Yes
Payroll	✗ No	✓ Yes STP Phase 2 compliant
Inventory tracking	✗ No	✓ Yes

Integrations

Feature	InvoiceSonic	MYOB
Choice of payment method	✓ Yes Add bank or payment-app instructions; InvoiceSonic does not process the payment	✓ Yes
Mobile app	✓ Yes Native iPhone and iPad app plus the browser app	✓ Yes

Setup & support

Feature	InvoiceSonic	MYOB
Setup time	✓ Yes Under 2 minutes	✗ No Hours-to-days — guided setup wizard

When MYOB is the better pick

✓You need integrated payroll and STP Phase 2 reporting
✓You already use MYOB Business or AccountRight for the books
✓You need GST/BAS lodged directly with the ATO
✓You want supplier bill management and AP workflow

Where MYOB falls short

✗AU$29/mo even on the Lite plan
✗Dated UI compared to modern web tools
✗Lite plan caps quotes/invoices at low numbers
✗No free tier — trial expires after 30 days

Try InvoiceSonic free — no credit card, no signup

Create a professional ATO-compliant tax invoice in under 2 minutes. Download as PDF and send to your client today.

Create a free invoice now →

Frequently asked questions

Is InvoiceSonic a real alternative to MYOB?

For invoicing — yes. MYOB does much more (payroll, BAS, inventory) but most freelancers only use the invoicing module. InvoiceSonic delivers the same ATO-compliant invoicing without paying for everything else.

Is InvoiceSonic ATO-compliant?

Yes. Every invoice includes ABN, GST breakdown, and the "Tax Invoice" wording the ATO requires — same compliance standard as MYOB.

Does MYOB have a free plan?

No. MYOB only offers a 30-day trial, after which the cheapest plan is AU$29/month and caps invoices at 20/month.

Why is MYOB more expensive than InvoiceSonic?

You are paying for the full accounting suite — payroll, BAS, supplier bills, inventory. If you only need invoicing, that bundle is wasted spend.

Can I lodge BAS through InvoiceSonic?

No. InvoiceSonic produces compliant tax invoices but does not lodge BAS. For BAS lodgement, use MYOB, Xero, or your accountant — but you can still use InvoiceSonic for the invoice side.

Which is better for sole traders?

InvoiceSonic. Sole traders without employees do not need payroll, and most do not need full bookkeeping — a free invoice generator covers 90% of their billing needs.