Softwr

Accounting · head to head

FloQast vs MYOB

FloQast logo

FloQast

Accounting

Close management software for accounting teams

From
$29/month
Rated
-
Full reviewWebsite
MYOB logo

MYOB

Accounting

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

From
12/year
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against; 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 FloQast and MYOB actually diverge.

Attributes where FloQast and MYOB differ
AttributeFloQastMYOB
Starting price$29/month12/year
Founded2013Unknown

Identical on both: pricing model (subscription), free tier (No), platforms (Web), 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 FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • NetSuite
  • QuickBooks
  • Sage

Only in MYOB

Nothing recorded that FloQast does not also cover.

What people use each for

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

FloQast

  • Managing the accounting close with checklists and reconciliationsnot MYOB
  • Automating account reconciliation and compliance workflowsnot MYOB

MYOB

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

Where each one falls short

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

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

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

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

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 FloQast if

  • You need close management.
  • You also want reconciliation.
FloQast review

Choose MYOB if

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

MYOB review

Questions people ask

Is FloQast or MYOB better?
Neither clearly leads. FloQast starts at $29/month and MYOB at 12/year, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or MYOB?
FloQast starts at $29/month and MYOB at 12/year.
Does FloQast or MYOB run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what MYOB is typically brought in for.
What can FloQast do that MYOB cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep.

Answered from the vendors’ own pages

FloQast: How much does FloQast cost?

FloQast does not publish specific pricing with dollar amounts. Instead, the company offers customized packages that scale with business outcomes rather than seat count. Pricing is tailored to each organization's unique needs, scope, and scale.

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
FloQast: Does FloQast charge per user?

No. FloQast explicitly states 'No Per-User Fees. Pricing Built Around Value, Not Headcount.' The company's pricing is customized to organizational requirements rather than based on the number of users.

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
FloQast: What is FloQast's pricing model?

FloQast uses a value-based pricing approach with customizable packages across solutions like Close Management, Compliance & Risk, Financial Reporting, and AI Automation. Each organization receives a personalized pricing recommendation based on their unique challenges and objectives.

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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