Accounting · head to head
Lago vs MYOB

Lago
Accounting
Open-source billing infrastructure for usage-based models
- From
- Free
- Rated
- -

MYOB
Accounting
Australian accounting and business management software for small and mid-sized businesses
- From
- 12/year
- Rated
- -
The short version
- Only Lago has a free tier, so it costs nothing to try first.
- Each has a real cost: Lago free tier limited to 10,000 entities per month with 5M event cap; 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 29 August 2026.
Where they differ
Only the attributes on which Lago and MYOB actually diverge.
Identical on both: 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 Lago
- Real-time usage metering
- Multiple pricing models
- Automated invoicing
- Prepaid credits
- Entitlements
- Multi-currency support
- Payment orchestration
- Revenue analytics
Only in MYOB
Nothing recorded that Lago does not also cover.
What people use each for
The jobs each tool is most often brought in to do.
Lago
- Building usage-based billing for high-volume APIs and infrastructurenot MYOB
- Implementing metered billing for AI and tokenized servicesnot MYOB
- Creating subscription and hybrid pricing modelsnot MYOB
- Managing multi-currency billing for global companiesnot MYOB
- Maintaining billing infrastructure without vendor lock-innot MYOB
MYOB
- Tracking income and unlimited expenses for tax lodgementnot Lago
- Processing payroll with automated superannuation contributionsnot Lago
- Managing GST compliance and Business Activity Statement filingnot Lago
- Reconciling bank transactions and monitoring cash flownot Lago
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Lago
- Free tier limited to 10,000 entities per month with 5M event cap
- No specific pricing published for Pro annual plan or Scale plan
- Self-hosted and on-premise deployments require engineering resources
- Community support only on free tier
- Scale plan requires annual contracts and sales engagement
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
Lago
Free- Build (Free)Free
- 10,000 managed entities per month
- 5M usage events per month
- 1K events per second rate limit
- Pro$399/month
- 10,000 entities included (graduated pricing to 100K)
- 25M usage events included (to 500M with graduated rates)
- 10K events per second (upgradeable to 100K)
- Scale$null/custom
- Custom entity and event volumes
- 50K events per second (upgradeable to 100K)
- RBAC and SSO (SAML)
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 Lago if
- You need real-time usage metering.
- You want to start without paying.
- You work on Web, Cloud, Self-hosted, On-premise, VPC.
- You also want multiple pricing models.
Choose MYOB if
Nothing in the data separates MYOB from Lago on the points above - pick on price and on how each one feels to use.
Questions people ask
- Is Lago or MYOB better?
- Neither clearly leads. Lago starts at Free and MYOB at 12/year, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Lago or MYOB?
- Lago has a free tier; the other does not. Paid plans start at Free for Lago and 12/year for MYOB.
- Does Lago or MYOB run on more platforms?
- Lago runs on Web, Cloud, Self-hosted, On-premise, VPC. MYOB runs on Web.
- Can I use Lago for free?
- Yes. Lago has a free tier, so you can try it without paying. MYOB starts at 12/year.
- What is Lago best used for?
- Lago is most often used for building usage-based billing for high-volume apis and infrastructure, implementing metered billing for ai and tokenized services, creating subscription and hybrid pricing models, managing multi-currency billing for global companies. Of those, building usage-based billing for high-volume apis and infrastructure and implementing metered billing for ai and tokenized services are not what MYOB is typically brought in for.
- What can Lago do that MYOB cannot?
- Lago covers Real-time usage metering, Multiple pricing models, Automated invoicing, Prepaid credits.
Answered from the vendors’ own pages
Lago: Can I use Lago open-source for free?
Yes, Lago is open-source under the AGPLv3 license and can be self-hosted. The cloud-based Build plan is also free with limits of 10,000 entities and 5M events per month.
SourceMYOB: 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.
SourceLago: What payment providers does Lago integrate with?
Lago integrates with Stripe and Adyen for payment processing. It is not a payment processor itself but orchestrates payments through these providers.
SourceMYOB: 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.
SourceLago: Does Lago support multiple currencies?
Yes, Lago supports multi-currency billing with automatic currency conversion for global businesses.
SourceMYOB: 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.
SourceRelated pages
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