Softwr

Accounting · head to head

Expensify vs MYOB

Expensify logo

Expensify

Accounting

Expense management for receipts, bills & more

From
$5/month
Rated
-
MYOB logo

MYOB

Accounting

Australian accounting and business management software for small and mid-sized businesses

From
12/year
Rated
-

The short version

  • Each has a real cost: Expensify minimal offline expense entry capabilities hamper use in areas with unstable internet; MYOB every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Expensify and MYOB actually diverge.

Attributes where Expensify and MYOB differ
AttributeExpensifyMYOB
Starting price$5/month12/year
Pricing modelUnknownsubscription
PlatformsWeb, iOS, AndroidWeb
Founded2008Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Expensify

  • SmartScan receipts
  • Expense reports
  • Corporate cards
  • Reimbursements
  • Travel booking
  • Mileage tracking
  • Multi-currency
  • Real-time syncing

Only in MYOB

Nothing recorded that Expensify does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Expensify

  • Expense reportingnot MYOB
  • Receipt managementnot MYOB
  • Travel expensesnot MYOB
  • Corporate card managementnot MYOB
  • Reimbursementsnot MYOB

MYOB

  • Tracking income and unlimited expenses for tax lodgementnot Expensify
  • Processing payroll with automated superannuation contributionsnot Expensify
  • Managing GST compliance and Business Activity Statement filingnot Expensify
  • Reconciling bank transactions and monitoring cash flownot Expensify

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Expensify

  • Minimal offline expense entry capabilities hamper use in areas with unstable internet
  • OCR receipt data extraction requires manual review and correction for accuracy
  • Per-user pricing model increases costs for larger organizations

MYOB

  • Every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Adding payroll employees beyond the included allowance costs an extra AUD 3/month per additional employee on top of the plan price

Pricing, plan by plan

Expensify

$5/month

No published plan breakdown. See the Expensify review.

MYOB

12/year
  • Solo by MYOB$99/year
    • First year $12 (70% off)
  • Business Lite$315/year
    • First year $94.50 (70% off)
    • Payroll $3/month per employee max 2
  • Business Pro$70/month
    • First 6 months $21 (70% off)
    • Unlimited payroll employees
    • 14-day free trial
  • Business AccountRight Plus$165/month
    • First 3 months $66 (60% off)
    • Unlimited payroll
    • 14-day free trial

Which should you pick?

Choose Expensify if

  • You need smartscan receipts.
  • You work on Web, iOS, Android.
  • You also want expense reports.

Choose MYOB if

Nothing in the data separates MYOB from Expensify on the points above - pick on price and on how each one feels to use.

Questions people ask

Is Expensify or MYOB better?
Neither clearly leads. Expensify starts at $5/month and MYOB at 12/year, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Expensify or MYOB?
Expensify starts at $5/month and MYOB at 12/year.
Does Expensify or MYOB run on more platforms?
Expensify runs on Web, iOS, Android. MYOB runs on Web.
What is Expensify best used for?
Expensify is most often used for expense reporting, receipt management, travel expenses, corporate card management. Of those, expense reporting and receipt management are not what MYOB is typically brought in for.
What can Expensify do that MYOB cannot?
Expensify covers SmartScan receipts, Expense reports, Corporate cards, Reimbursements.

Answered from the vendors’ own pages

Expensify: How does Expensify capture receipts?

Expensify uses SmartScan technology with OCR to automatically extract data from receipt images, reducing manual data entry. Users can photograph receipts with their phone to quickly create expense entries.

Source
MYOB: How much does MYOB cost?

MYOB pricing starts at $12 AUD per year (first year only) for Solo, with plans ranging to $165 AUD per month for AccountRight Plus after introductory periods expire.

Source
Expensify: What reimbursement methods does Expensify support?

Expensify supports ACH reimbursement via direct deposit after setting up a direct deposit account. Next-day reimbursement is available, or standard processing takes 3-5 business days.

Source
MYOB: What is MYOB's introductory pricing?

MYOB offers 60-70% off introductory pricing for the first 3-12 months depending on plan selection, after which regular pricing applies with no lock-in contracts.

Source
Expensify: How does Expensify offline mode work?

Expensify has limited offline capabilities. Users can capture receipts offline, but data syncs when internet connectivity is restored. Full functionality requires online access.

Source
MYOB: Does MYOB include payroll pricing?

Payroll starts at $3/month per employee (limited on lower tiers) and is included unlimited on Business Pro and AccountRight Plus plans.

Source
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