MYOB wins on more features overall (3 vs 0, 16 tied). Below is the full feature-by-feature breakdown.
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| Free plan |
✗ No
30-day trial only
|
✗ No
30-day trial only
|
| Entry paid plan |
— Paid add-on
AU$29/mo Lite, AU$60/mo Pro
|
— Paid add-on
AU$33/mo Simple Start, AU$49/mo Essentials
|
| Download PDF without signup |
✗ No
|
✗ No
|
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| Unlimited invoices |
— Limited
Lite plan caps at 20 invoices/quotes per month
|
— Limited
Simple Start caps at 20 invoices/month
|
| Custom logo & branding |
✓ Yes
|
✓ Yes
|
| Recurring invoices |
— Paid add-on
Pro plan only
|
— Paid add-on
Essentials plan and above
|
| Email invoices to clients |
✓ Yes
|
✓ Yes
|
| Multi-currency |
— Paid add-on
AccountRight Premier only
|
— Paid add-on
Plus plan only
|
| Client management |
✓ Yes
|
✓ Yes
|
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| ATO-compliant GST invoices |
✓ Yes
|
✓ Yes
|
| ABN field built in |
✓ Yes
|
✓ Yes
|
| Australian-focused support |
✓ Yes
Australia-based phone support
|
— Limited
US-headquartered, AU support via partner network
|
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| Bank reconciliation |
✓ Yes
|
✓ Yes
|
| Expense tracking |
✓ Yes
|
✓ Yes
|
| Payroll |
✓ Yes
STP Phase 2 compliant
|
— Paid add-on
+AU$5/mo per employee
|
| Inventory tracking |
✓ Yes
|
— Paid add-on
Plus plan only
|
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| Stripe payments |
✓ Yes
|
✓ Yes
|
| Mobile app |
✓ Yes
|
✓ Yes
|
| Feature | MYOB | QuickBooks Online |
|---|---|---|
| Setup time |
✗ No
Hours-to-days — guided setup wizard
|
✗ No
30+ minute guided setup
|
MYOB matched or beat QuickBooks Online across every category.
Neither tool fits your invoicing-only workflow? Try InvoiceSonic — free for unlimited ATO-compliant tax invoices, no signup required.
Create a free invoice now →MYOB starts at AU$29/mo (Lite); QuickBooks Online starts at AU$33/mo (Simple Start). MYOB offers 30-day free trial. QuickBooks Online offers 30-day free trial.
For ATO-compliant GST: MYOB = yes, QuickBooks Online = yes. For native ABN field: MYOB = yes, QuickBooks Online = yes. If you operate in Australia and either tool falls short here, InvoiceSonic handles both natively — and it's free.
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.
Both MYOB and QuickBooks Online let you export client lists and invoice history (usually as CSV). Migration takes an afternoon for most small businesses. If you're considering switching anyway, it might be worth evaluating InvoiceSonic as a free alternative for invoicing while keeping your accountant's tool of choice for bookkeeping.
Both tools are accounting-first platforms; their invoicing modules are a subset of what they do. If invoicing is your only need, a free dedicated invoice generator like InvoiceSonic is usually faster, cheaper, and more focused — without paying for bookkeeping, payroll, or inventory features you won't use.
Yes — InvoiceSonic is free for unlimited Australian-compliant invoices with no signup required for PDF download. You can run it alongside or instead of paid accounting platforms.