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Accounting · head to head

MYOB vs Pennylane

MYOB logo

MYOB

Accounting

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

From
12/year
Rated
-
Full reviewWebsite
Pennylane logo

Pennylane

Accounting

French tool combining business finances, accounting and a pro account in one platform

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: 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; Pennylane no pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
  • Prices and features above were last checked on 29 August 2026.

Where they differ

Only the attributes on which MYOB and Pennylane actually diverge.

Attributes where MYOB and Pennylane differ
AttributeMYOBPennylane
Starting price12/yearOn request
Pricing modelsubscriptionquote

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

What people use each for

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

MYOB

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

Pennylane

  • Automated invoicing with payment reminders and collectionsnot MYOB
  • Real-time cash flow visibility and financial forecastingnot MYOB
  • Employee expense management with card controls and workflowsnot MYOB
  • Automated supplier invoice payment processingnot MYOB
  • Mandatory e-invoicing compliance (France September 2026)not MYOB

Where each one falls short

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

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

Pennylane

  • No pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
  • The product bundles accounting, invoicing and a business bank account together, so buyers cannot subscribe to only one function

Pricing, plan by plan

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

Pennylane

On request

No published plan breakdown. See the Pennylane review.

Which should you pick?

Choose MYOB if

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

MYOB review

Choose Pennylane if

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

Pennylane review

Questions people ask

Is MYOB or Pennylane better?
Neither clearly leads. MYOB starts at 12/year and Pennylane at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MYOB or Pennylane?
MYOB starts at 12/year and Pennylane at On request.
Does MYOB or Pennylane run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is MYOB best used for?
MYOB is most often used for tracking income and unlimited expenses for tax lodgement, processing payroll with automated superannuation contributions, managing gst compliance and business activity statement filing, reconciling bank transactions and monitoring cash flow. Of those, tracking income and unlimited expenses for tax lodgement and processing payroll with automated superannuation contributions are not what Pennylane is typically brought in for.

Answered from the vendors’ own pages

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
Pennylane: What financial processes does Pennylane help automate?

Pennylane streamlines multiple financial functions including invoice creation, expense management, payment collection, and receipt documentation. The platform centralizes data from facturation, purchasing, treasury, and accounting in one unified system.

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
Pennylane: Can Pennylane help with corporate spending control?

Yes. Pennylane provides corporate cards for employees with built-in spending controls and authorization workflows, allowing businesses to manage team expenses while maintaining visibility and approval requirements.

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
Pennylane: Does Pennylane provide real-time financial visibility?

Yes. Pennylane's unified dashboard provides live transaction visibility and real-time cash flow monitoring across the entire business, helping teams access financial data instantly.

Source
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