MYOB Business Lite and Pro: Features, Screens and Costs

MYOB Business Lite and Pro are browser-based accounting products for invoices, spending, banking, GST and reports. Payroll and additional inventory capability can be added. They suit businesses that want to work online without adopting AccountRight's Windows application and more involved desktop workflows.

The naming is confusing because AccountRight also has browser access and appears under MYOB Business branding. Lite and Pro are not simply the browser view of an AccountRight file. If you already use AccountRight, read the product comparison before changing subscriptions.

What changes between Lite and Pro?

MYOB's Lite page and Pro page, checked for this update on 12 September 2026, establish the main boundaries.

The recorded standard price is $35 a month for Lite or $315 with annual billing, and $70 a month for Pro at standard monthly pricing. Promotions, tax presentation and commitment differ by billing option, so confirm the actual checkout total. Payroll, additional inventory and payment-processing services should be itemised separately.

A business with three connected accounts may need Pro even without employees. A business with two staff should compare Lite's complete payroll cost, not just the base accounting fee. These limits are more useful than a generic label such as "best for small business".

Invoicing and everyday sales

Lite and Pro create quotes and invoices using customer and item information. Payment options and reminders help with collection, while customer balances show what remains unpaid. An invoice should reflect the agreed work, tax treatment and payment terms before it is sent.

The image shows the shared browser invoice workflow, not proof that every payment method or plan option is included. Online payment services have their own fees and eligibility. Test a part payment, a customer credit and a reminder after a dispute is resolved.

If you reuse an invoice, review the copied customer, dates and amounts. Duplication is useful for similar work, but it can also carry forward a mistake. The same applies to recurring billing: make someone responsible for updating it when the agreement changes.

Bills, receipt capture and bank feeds

Supplier bills record money owed; bank payments settle it. Keep the supporting receipt or bill associated with the entry so the reviewer can see what was purchased. A feed imports transaction data, while matching and reconciliation decide how it relates to the records already in the books.

For example, a supplier payment may already exist against a bill. Creating a new expense from the bank line would duplicate the purchase. Include that case, an owner transfer and a refund in your trial worksheet.

MYOB Assist is the mobile companion for invoicing and receipt capture across eligible subscriptions. It does not supply AccountRight's Windows features. The Assist overview explains its scope.

If you still use the older MYOB Invoice app, MYOB says it will stop working in Australia on 29 September 2026 and directs users to Assist. That is a mobile-app change, not a reason to migrate the underlying accounting product. See the retirement instructions.

Jobs and knowing what work costs

Lite and Pro can track job income and expenses. This helps separate a customer's project from the business's general overheads. Decide how materials and other direct costs will be assigned before relying on a job margin.

The browser job form is intentionally different from AccountRight's desktop job window. Do not infer time billing, job budgets or every desktop job function from the presence of a job field. MYOB directs businesses needing time billing or individual job budgets towards AccountRight.

For an illustrative installation, record a deposit, materials and the final invoice against the job. Ask how employee labour is reflected and whether the report includes all costs you want to measure. Unassigned costs can make a job look more profitable than it was.

Payroll and the employee limit

Payroll is added per employee on Lite and Pro. The process covers employee information, pay runs and Australian reporting functions, but setup needs to match the business. Check pay settings, leave, superannuation and year-to-date records with the person responsible for payroll.

The payroll screenshot is a broader browser example, not a Lite entitlement example. Lite stops at two employees. A pay-run illustration showing a larger team should not be used to suggest otherwise.

Pro's timesheets and rosters may be useful when staff hours change. Check who submits time, who approves it and how it reaches the pay run. A published schedule and an approved payroll record are not the same thing. MYOB's payroll overview describes the product's payroll functions.

Inventory: simple stock or a more demanding operation?

The current MYOB pricing comparison lists an additional $22 a month for unlimited inventory in Lite or Pro. Check the included allowance and the precise add-on wording against your product range. The same table distinguishes single-location Lite/Pro inventory from Premier's multiple-location capability. See the current plan matrix.

MYOB's inventory guidance describes a browser workflow suited to simpler stock-on-hand selling. If you backorder, assemble products from components, need pricing tiers or receive stock before the supplier bill, investigate AccountRight's relevant desktop functions instead of stretching the simpler workflow.

Start a trial with a real representative item range. Enter a purchase, sale, return and adjustment, then inspect quantity and value. The point is to establish the process that staff will actually follow.

GST, BAS and the limits of automation

Lite and Pro advertise GST tracking and BAS lodgement. Correct business settings and tax treatment still come first. Review a taxable sale, a GST-free transaction and a supplier credit, then trace the resulting report totals back to those records.

MYOB also promotes AI BAS as a separate beta offering with eligibility and pricing conditions. Do not assume it is included in every Lite or Pro subscription, or that its output removes the review step. Its product page describes the current offer and customer restrictions.

For any lodgement workflow, retain the acceptance record. A report being ready, a calculation being suggested and a statement being accepted are different events.

Access, migration and keeping the books usable

Invite the accountant or bookkeeper using their own access and agree who can change settings, enter transactions and run payroll. A browser product can make collaboration easier, but responsibility for the books should still be clear.

Moving from AccountRight to Lite or Pro is a migration into a different product. MYOB's right-sizing service has eligibility and transfer conditions, including a restriction for files that have used multicurrency. Do not cancel AccountRight until you know the conversion scope and have checked the result.

Ask about historical transactions, attachments, stock, jobs, payroll and archives. Test the reports the adviser needs. If the proposed saving requires regular manual work to replace missing features, include that work in the cost comparison.

Key takeaways

• Bank connections, employee count and reporting are practical Lite/Pro decision points.
• Payroll, extra inventory, payment processing and AI BAS have separate conditions or charges.
• AccountRight browser access and migration to Lite/Pro are different decisions.

Where to get help

Use the detailed MYOB comparison if you already use a desktop file, or compare another product in the software selector. Bring the migration checklist to the adviser reviewing the change.