Australian accounting incumbent
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 | InvoiceSonic | MYOB |
|---|---|---|
| Free plan |
✓ Yes
Unlimited free invoice generator, no signup required
|
✗ No
30-day trial only
|
| Entry paid plan |
✓ Yes
$12/month for Pro features
|
— Paid add-on
AU$29/mo Lite, AU$60/mo Pro
|
| Download PDF without signup |
✓ Yes
|
✗ No
|
| Feature | InvoiceSonic | MYOB |
|---|---|---|
| Unlimited invoices |
✓ Yes
No monthly cap on the free generator
|
— 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
|
| Feature | InvoiceSonic | MYOB |
|---|---|---|
| ATO-compliant GST invoices |
✓ Yes
|
✓ Yes
|
| ABN field built in |
✓ Yes
|
✓ Yes
|
| Australian-focused support |
✓ Yes
|
✓ Yes
Australia-based phone support
|
| 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
|
| Feature | InvoiceSonic | MYOB |
|---|---|---|
| Stripe payments |
✓ Yes
|
✓ Yes
|
| Mobile app |
— Limited
Mobile-optimised web app, no native app yet
|
✓ Yes
|
| Feature | InvoiceSonic | MYOB |
|---|---|---|
| Setup time |
✓ Yes
Under 2 minutes
|
✗ No
Hours-to-days — guided setup wizard
|
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 →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.
Yes. Every invoice includes ABN, GST breakdown, and the "Tax Invoice" wording the ATO requires — same compliance standard as MYOB.
No. MYOB only offers a 30-day trial, after which the cheapest plan is AU$29/month and caps invoices at 20/month.
You are paying for the full accounting suite — payroll, BAS, supplier bills, inventory. If you only need invoicing, that bundle is wasted spend.
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.
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.