Xero vs MYOB
Xero and MYOB both sell cloud accounting to Australian businesses, and each starts with a small plan: Ignite for Xero, Lite for MYOB. Here is what each one's Australian pricing page said about those plans and the features above them.
- By Book Keeping Pros
- Sources checked 15 Oct 2026
Where Xero and MYOB differ
- Xero's page says it charges no per-user licence fees. MYOB lists unlimited user profiles on Lite, Pro and AccountRight Plus.
- MYOB Lite connects up to 2 bank accounts. Xero's pricing page names no bank account limit.
- Multiple currencies come with Xero's Comprehensive plan. At MYOB they are only on AccountRight Premier.
- MYOB has no minimum subscription period and no lock-in contract. Xero subscriptions renew each month until cancelled.
Xero and MYOB plan details
| Plan detail | Xero | MYOB |
|---|---|---|
| Ignite or Lite plan, per month after any offer | $37 | $35 |
| Users | No per-user licence fees | Unlimited |
| Bank accounts on the entry plan | No limit listed on its Australian pricing page | Up to 2 |
| Multiple currencies | Comprehensive plan and up | AccountRight Premier only |
| Subscription terms | Monthly, until cancelled | None, and no lock-in contracts |
Source: Xero Limited, Pricing plans (Australia); MYOB Australia Pty Ltd, MYOB plans and pricing (Australia). Checked 15 Oct 2026.
General information
Sources
- Pricing plans (Australia)
Xero Limited. Current at 15 October 2026, released 15 October 2026. Checked 15 October 2026.
Xero is a trademark of Xero Limited. Licence: Xero terms of use (facts quoted with attribution, no endorsement implied).
- MYOB plans and pricing (Australia)
MYOB Australia Pty Ltd. Current at 15 October 2026, released 15 October 2026. Checked 15 October 2026.
MYOB is a trademark of MYOB Technology Pty Ltd. Licence: MYOB website terms of use (facts quoted with attribution, no endorsement implied).