2026 head-to-head

MYOB vs Reckon: Which is Better in 2026?

MYOB wins on more features overall (4 vs 3, 12 tied). Below is the full feature-by-feature breakdown.

Scoreboard

4
MYOB wins
12
Tied
3
Reckon wins

Feature-by-feature comparison

Pricing

Feature MYOB Reckon
Free plan
✗ No
30-day trial only
✗ No
30-day trial
Entry paid plan
— Paid add-on
AU$29/mo Lite, AU$60/mo Pro
— Paid add-on
From AU$15/mo
Download PDF without signup
✗ No
✗ No

Invoicing features

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

Australian compliance

Feature MYOB Reckon
ATO-compliant GST invoices
✓ Yes
✓ Yes
ABN field built in
✓ Yes
✓ Yes
Australian-focused support
✓ Yes
Australia-based phone support
✓ Yes

Accounting features

Feature MYOB Reckon
Bank reconciliation
✓ Yes
✓ Yes
Expense tracking
✓ Yes
— Limited
Payroll
✓ Yes
STP Phase 2 compliant
✗ No
Inventory tracking
✓ Yes
✗ No

Integrations

Feature MYOB Reckon
Stripe payments
✓ Yes
✓ Yes
Mobile app
✓ Yes
— Limited

Setup & support

Feature MYOB Reckon
Setup time
✗ No
Hours-to-days — guided setup wizard
— Limited
Account signup required

Where MYOB wins

  • Expense tracking
  • Payroll
  • Inventory tracking
  • Mobile app

Where Reckon wins

  • Recurring invoices
  • Multi-currency
  • Setup time

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 MYOB cheaper than Reckon?

MYOB starts at AU$29/mo (Lite); Reckon starts at From AU$15/mo (Invoicing). MYOB offers 30-day free trial. Reckon offers 30-day trial.

Does MYOB handle Australian GST and ABN better than Reckon?

For ATO-compliant GST: MYOB = yes, Reckon = yes. For native ABN field: MYOB = yes, Reckon = 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 — MYOB or Reckon?

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 MYOB to Reckon 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 MYOB or Reckon 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 MYOB and Reckon?

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.