Quick answer
MYOB Business is full small-business accounting software with payroll, inventory, and ATO integration. Free Invoice App is focused invoicing and expense tracking for sole traders who don’t need the rest. If you have employees, stock, or direct ATO lodgement needs, MYOB earns its price. If you’re a sole trader who needs to send invoices and see a P&L, Free Invoice App costs a fraction and does what you actually use.
Honest disclosure
We make Free Invoice App, so we’re biased. To make this fair, we recommend MYOB wherever MYOB is the right call — choosing the wrong tool wastes everyone’s time. This comparison reflects each product’s public 2026 pricing and feature documentation.
Pricing (Australia, 2026)
Free Invoice App MYOB Business Free plan Yes (7 sends/mo) 30-day trial only Entry plan ~$15/mo $30/mo (Lite) Mid plan ~$25/mo $60/mo (Pro) Top plan ~$45/mo $80+/mo (AccountRight) Annual saving available Yes Yes Setup cost $0 $0
MYOB Lite caps invoices and quotes at low volumes per month — sole traders with even modest activity often need Pro, which is $60/month. Free Invoice App’s entry paid plan covers unlimited invoicing.
Feature comparison
Free Invoice App MYOB Business Send invoices Yes Yes Recurring invoices Yes (Pro) Yes Quotes / estimates Yes Yes GST on invoices Yes Yes ATO-compliant tax invoices Yes Yes Custom branding / logo Yes Yes Custom email domain Yes (Pro+) No Scheduled send Yes (Pro) Limited Per-service T&Cs Yes (Pro+) No Expense tracking Yes Yes Receipts attached Yes Yes P&L / revenue dashboard Yes Yes Full double-entry accounting No Yes Bank feeds No Yes Bank reconciliation No Yes Payroll (single touch payroll) No Yes (Pro+) Inventory tracking No Yes (Pro+) Multi-user access No Yes Direct BAS / IAS lodgement No Yes ASIC company maintenance No Yes (AccountRight)
MYOB does more. Free Invoice App does less, deliberately. The question is which features you’ll actually use this year.
Where MYOB is the right answer
- You employ staff. Single Touch Payroll (STP) is mandatory for wages. MYOB Pro and above include payroll with STP reporting baked in.
- You hold inventory. MYOB tracks stock, COGS, and re-order points. Free Invoice App treats each line as a one-off.
- You want direct BAS / IAS lodgement. MYOB AccountRight integrates with the ATO to lodge BAS/IAS straight from the software. Most sole traders don’t need this — MyGov works fine — but it’s a real time-saver at scale.
- You run a Pty Ltd with ASIC obligations. AccountRight handles annual statements and corporate compliance.
- Your accountant or bookkeeper uses MYOB. Ask before you switch. Fighting their tool of choice usually costs more than the subscription.
Where Free Invoice App is the right answer
- You’re a sole trader with no employees. No payroll, no STP, no inventory. The job is to invoice clients and keep tax-time data tidy.
- You don’t want to pay $60–$80 a month for accounting software you barely use. A huge proportion of MYOB and Xero subscribers use only invoicing and expenses, and pay an order of magnitude more than they need to.
- You invoice from a phone. Free Invoice App is mobile-first. The MYOB mobile experience is workable but the desktop version is where the product really lives.
- You lodge BAS via MyGov anyway. Free Invoice App gives you the quarterly totals you need. The lodgement step is the same either way.
The growth path
Most very small Australian businesses follow a predictable trajectory:
- Year 1–2: sole trader, no staff, under the GST threshold. Free Invoice App or similar.
- Crossing $75k revenue: GST-register, start lodging quarterly BAS. Free Invoice App still covers it; the P&L view shows your quarterly GST in/out.
- First employee: payroll obligations start. Move to MYOB or Xero for STP-compliant payroll.
- Pty Ltd company + inventory: MYOB AccountRight or Xero Premium.
Free Invoice App is built for stages 1 and 2. When you hit stage 3, expect to move to a full accounting platform — we’ll help you export your data.
Migration path: Free Invoice App → MYOB
If you outgrow Free Invoice App, you export your invoice history and expense records as CSV. Your bookkeeper or accountant imports them into MYOB during onboarding. No vendor lock-in. Many businesses use Free Invoice App in years 1–3 then graduate when payroll or inventory enters the picture.
How to decide in 60 seconds
- Do you employ staff on payroll? If yes → MYOB.
- Do you hold and sell physical inventory? If yes → MYOB.
- Does your accountant insist on MYOB? If yes → MYOB.
If you answered no to all three, Free Invoice App will do everything you need at a fraction of the price. Start free — 7 sends a month, no card required.
Frequently asked questions
Is Free Invoice App a MYOB alternative?
For invoicing, expenses, and a basic P&L view, yes. For payroll, inventory, and direct ATO lodgement, no.
How much does MYOB Business cost in Australia?
$30/$60/$80+ per month for Lite / Pro / AccountRight (AUD, 2026). Free Invoice App paid plans start around $15/month, with a free 7-sends-per-month plan.
Does MYOB have a free plan?
No, only a 30-day trial. Free Invoice App has a permanent Free plan.
Can Free Invoice App lodge BAS with the ATO like MYOB?
No — Free Invoice App gives you the totals you need to lodge yourself via MyGov. MYOB AccountRight lodges directly.
Who should use MYOB instead of Free Invoice App?
Businesses with employees, inventory, direct ATO lodgement needs, or an accountant who insists on MYOB.