Compare MYOB and Odoo Accounting on pricing, features, platforms, and ratings — both Accounting tools, Tiered subscription pricing with discounted…
At a Glance
MYOB
Odoo Accounting
Primary category
Accounting
Accounting
Rating
Not documented
Not documented
Pricing model
Tiered subscription pricing with discounted introductory rates for the first months/year, stepping up to standard rates thereafter (e.g. MYOB Business Pro from $21/month for 6 months then $70/month, with a 14-day free trial); payroll is typically billed per employee on top of the base plan; no lock-in contracts.
Freemium
Starting price
Not documented
Free (One App Free plan)
Free plan
Not documented
Yes
Free trial
Yes
Not documented
Platforms
Mobile App
Web
Team collaboration
Not documented
Not documented
AI features
Not documented
Yes
Public API
Not documented
Yes
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
MYOB
No individual plan breakdown documented yet.
Odoo Accounting
One App Free — Free Forever
Standard — $31.10/user/month (billed annually) Monthly or annual
Custom — $46.80/user/month (billed annually) Monthly or annual
Pros & Cons
MYOB
Pros
Deep built-in compliance with Australian and New Zealand tax rules (GST, BAS, ATO reporting)
Product tiers scale from solo freelancers up to multi-entity businesses with complex inventory needs
Dedicated practice software for accountants and bookkeepers managing multiple clients
No lock-in contracts on subscription plans, with cancel-anytime flexibility
Established vendor with over three decades in the AU/NZ market and a large existing customer base
Cons
Focused on Australia/New Zealand tax compliance, making it a poor fit for businesses outside those markets
Introductory pricing steps up significantly after the first few months or first year
Full payroll and multi-currency features are reserved for higher-priced AccountRight tiers
AI BAS automation is still in beta rather than a mature, fully rolled-out feature
Odoo Accounting
Pros
Deep native integration with Sales, Inventory, CRM, and POS avoids duplicate data entry
AI-powered invoice capture and bank reconciliation cut manual bookkeeping work
Free to start for unlimited users via the One App Free plan
Localized tax and reporting support for 100+ countries
Scales into a full ERP as the business grows, without switching platforms
Cons
Full value requires adopting other Odoo apps rather than using Accounting as a pure standalone tool
Per-user pricing on the Standard and Custom plans can add up for larger teams
Migrating historical data from QuickBooks, Xero, or similar tools takes upfront effort
Some advanced compliance and localization features depend on Odoo Enterprise or country-specific packs
Support quality and implementation depth often depend on the Odoo partner handling setup
Use Cases
MYOB
Odoo Accounting
All-in-one bookkeeping for small businesses — Small businesses use Odoo Accounting to handle invoicing, expenses, and bank reconciliation without paying for a separate accounting subscription.
Integrated finance for growing companies — Scaling companies connect Accounting to Odoo Sales, Inventory, and CRM so revenue, stock, and cash flow stay in sync automatically as order volume grows.
Multi-entity accounting for firms and franchises — Accounting firms and multi-location businesses use Odoo's multi-company features to consolidate books across several legal entities from one system.