MYOB is a popular accounting software. It helps businesses manage their finances. But how much does MYOB cost per month? This is a common question. In this article, we will answer it.
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What is MYOB?
MYOB stands for “Mind Your Own Business.” It is accounting software. It helps with invoices, expenses, payroll, and more. Many businesses use MYOB. It makes managing money easier.
MYOB Pricing Plans
MYOB offers different pricing plans. Each plan has different features. Let’s look at them.
Essentials Starter
This is the basic plan. It costs $10 per month. It includes:
- Invoicing
- Expense tracking
- Bank feeds
This plan is good for small businesses. It is easy to use.
Essentials Accounting
This plan costs $20 per month. It includes all features of the Essentials Starter. Plus, it adds:
- Payroll for one employee
- Quotes
- Bill tracking
This plan is good for growing businesses. It offers more tools to manage money.
Essentials Accounting + Payroll
This plan costs $40 per month. It includes all features of Essentials Accounting. Plus, it adds:
- Payroll for unlimited employees
This plan is good for larger businesses. It helps manage payroll easily.
Accountright Standard
This plan costs $70 per month. It includes all features of Essentials Accounting + Payroll. Plus, it adds:
- Inventory management
- Time billing
- Multi-currency support
This plan is good for businesses with complex needs. It offers advanced tools.
Accountright Plus
This plan costs $100 per month. It includes all features of AccountRight Standard. Plus, it adds:
- Job tracking
- Budgets
This plan is good for businesses with detailed financial needs. It helps track jobs and budgets.
Accountright Premier
This plan costs $150 per month. It includes all features of AccountRight Plus. Plus, it adds:
- Advanced inventory management
- Multiple company files
This plan is good for large businesses. It offers the most advanced tools.
Choosing the Right Plan
Choosing the right MYOB plan depends on your business needs. If you are a small business, the Essentials Starter or Essentials Accounting plan may be enough. If you need more features, consider the Essentials Accounting + Payroll or AccountRight plans.
Think about your budget. Also, consider the features you need. Do you need payroll? Do you need inventory management? Answering these questions will help you choose the right plan.
Conclusion
MYOB offers many pricing plans. Each plan has different features. The cost ranges from $10 to $150 per month. Choose the plan that best fits your business needs.
We hope this article helps you understand MYOB pricing. Remember, the right plan can make managing your business finances easier. Good luck!