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RECKON ONE VS MYOB

Looking for a MYOB alternative?

Get better bang for your buck with Reckon accounting software

Reckon One pricing starts from only $24/month, MYOB starts from $35!

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Why choose Reckon over MYOB?

More features, fewer limits, and fair pricing that grows with your business – without the hidden costs.

Save Big With Reckon

Save big with Reckon

Reckonโ€™s entry-level plan starts from just $24/month, while MYOBโ€™s comparable plan begins at around $35/month – thatโ€™s 30% cheaper. Thatโ€™s a big saving each year – and every Reckon plan includes the essential features small businesses need, all at a fair price.

Unlimited Bank Connections

Unlimited bank connections

MYOB restricts you to just two bank account connections, which can quickly become limiting as your business grows. Reckon offers unlimited bank connections across all plans, so you can reconcile and manage your finances without restriction.

Avoid Hidden Costs

Affordable payroll that scales with you

With MYOB, youโ€™ll pay $3 per employee per month – but once you have more than four staff, youโ€™re forced to upgrade to MYOB Business Pro at $70/month ($840 a year). Ouch! Those costs add up fast. With Reckon, payroll is optional, affordable, and scales with you – starting from just $16/month for up to four employees.

Free Onboarding Real Support

Free onboarding and real support

*Pricing listed compares the monthly cost of MYOBโ€™s โ€˜Business Liteโ€™ and ‘Business Payroll Only’ plans. Pricing lists at the standard price, correct as of March 2026.

Get more features for less

MYOB โ€˜Business Liteโ€™ plan VS Reckon Accounting Plus plan.

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Track GST & BAS

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Cash flow reporting

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Create budgets

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35+ insightful reports

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Automatic bank connection

2 bank accounts
Unlimited

Invoices and bills

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iOS & Android invoice app

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Accept payments

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Free onboarding session

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Monthly price

$35.00

$24.00

Reckon Oneโ€™s unlimited free phone support is available during business hours. This table is in comparison to MYOBโ€™s โ€˜Business Liteโ€™ plan for $35/month and Reckon’s ‘Accounting Plus’ plan for $24/month. Data correct as of March 2026.

Helping thousands of businesses with their accounting

Migrate from MYOB to Reckon for free

Moving your data from MYOB to Reckon is quick and easy with our migration service. It’s free when you sign up for Reckon Plus or Premium plans.

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"I quickly crossed off the MYOB option as it was complex (I am not a trained accountant) and I found customer service not helpful. I then tried ReckonOne and didnโ€™t look back. The accounts were easy to set up and aside from a few minor issues (mainly my understanding of the system), I got it up and running well. Customer service checked on me several times during my trial period and offered help as needed. So far so good I am very impressed and the package is very affordable."

Jojo

QLD, Australia

There are a million reasons to love Reckon

Cancel at any time

Cancel at any time

Switch us off whenever you want. Flexibility is in your hands.

Industry standard security

Industry standard security

We use AES-256 bit encryption and multiple layers of firewalls to ensure your data is always protected.

Automatic backups & updates

Automatic backups & updates

Your data is safe, and you're always on the latest, cutting-edge cloud accounting software.

Works on all devices

30 years in the accounting & payroll industry

We have earned the trust of over 100,000 businesses across Australia.

Data stored in Australia

Data stored in Australia

Store your sensitive accounting software data here at home, under Australian law.

Connect with an expert

Connect with an expert

Your accountant or bookkeeper can now help your small business in real-time.

Frequently asked questions

Can I easily switch my data from Xero or other platforms to Reckon?

Yes. Moving to Reckon is designed to be straightforward. We support guided data migration from major accounting platforms, including your chart of accounts, contacts, invoices, and historical transactions. Our onboarding support team can assist to reduce downtime and ensure your books are set up correctly from day one.

If youโ€™re concerned about disruption, most businesses find they can continue normal operations while the migration is being completed in parallel.

Will my accountant or bookkeeper be able to use Reckon?

Absolutely. Reckon is widely used by Australian accountants and bookkeepers, with a long-established local ecosystem.

Your existing advisor can continue working with you in Reckon without needing to change their workflow significantly. If your accountant hasnโ€™t used Reckon before, we provide onboarding support and training resources to make the transition smooth.

Unlike some global platforms, Reckon is built specifically with Australian accounting professionals in mind, so compliance and reporting are already aligned to local needs.

Does Reckon support Single Touch Payroll (STP) compliance?

Yes. Reckon is fully ATO-compliant and supports Single Touch Payroll (STP) reporting, including STP Phase 2 requirements.

You can confidently manage payroll reporting directly to the ATO, helping ensure your obligations are met accurately and on time. Updates are automatically maintained so you stay compliant as regulations evolve.

How long does it take to switch to Reckon?

Most small to medium businesses can be up and running in a few days. Our team can help streamline the process so youโ€™re not stuck managing a lengthy transition.

We also provide step-by-step onboarding guidance so you can switch at a pace that suits your business.

Will I lose any historical data if I switch?
No. Your historical financial data can be imported as part of the migration process. While the level of detail may depend on your previous system, we aim to ensure you retain access to key records for reporting and compliance.
Is Reckon suitable if I work closely with clients or multiple entities?
Yes. Reckon supports multi-entity and practice-style workflows, making it suitable for accountants and businesses managing multiple clients or organisations. You can maintain separation of entities while still working efficiently across your portfolio.

Convinced Reckon One is the perfect MYOB alternative for small businesses?

Try Reckon One for free, cancel anytime.