Matrix
Matrix vs MYOB Business
MYOB has kept Australian books for decades. Matrix is built for the same rules — GST, BAS, bank reconciliation — with multi-currency and fixed asset depreciation on every plan, and a CRM and project boards in the same product.
Why businesses choose Matrix
- Fixed assets with automatic depreciation. MYOB's own help says it doesn't calculate depreciation automatically.
- Multi-currency on every plan. MYOB offers it on AccountRight Premier only.
- A CRM with a sales pipeline and deals built in, on the same contacts as your books.
- Unlimited users on every plan, priced per business.
| Capability | Matrix | MYOB Business |
|---|---|---|
| Users | IncludedUnlimited users on every plan | Higher plansUnlimited from Lite; Solo has one |
| Pricing | IncludedPer business, never per user | IncludedPer business |
| Bank transactions | PartlyStatement import (CSV, OFX, QIF); live feeds coming | IncludedLite connects up to 2 accounts |
| Bank reconciliation rules | Included | Included |
| Invoices, quotes and reminders | Included | IncludedReminders on Lite and above |
| Bills and supplier payments | Included | Higher plansLite and above |
| GST and BAS preparation | IncludedCash or accrual, with BAS workpapers | Higher plansBAS on Lite and above; Solo tracks GST |
| Lodge BAS to the ATO | ComingBusiness Pro | Higher plansLite and above |
| Payroll with Single Touch Payroll | ComingBusiness Pro | Paid add-onPer employee on Lite and Pro; included on Plus |
| Multi-currency | Included | Higher plansAccountRight Premier only |
| Inventory | Included | Higher plansLite and above; unlimited items extra on Lite and Pro |
| Projects and job costing | Included | Higher plansJob tracking from Lite; budgets on Plus and Premier |
| Fixed assets and depreciation | Included | Not offeredDepreciation recorded by journal |
| CRM: pipeline, deals and activities | IncludedBuilt in, same contacts as the books | Separate productOnly in MYOB's separate ERP range |
| Project boards | IncludedKanban boards for planning work | Not confirmed |
| Public API | ComingBusiness Pro | Included |
MYOB Business's features are from MYOB Technology Pty Ltd's own website, checked on 27 September 2026. Plans and features change, so please check with MYOB Technology Pty Ltd before you decide. Not confirmed means we couldn't confirm it from their published information, so we make no claim either way. Spotted something out of date? Tell us and we'll fix it.
Frequently asked questions
Can I move from MYOB to Matrix?
Yes. Matrix's opening balances screen takes your balances and open invoices and bills at a date you choose, so you can switch at the start of a month or quarter.
Does Matrix lodge BAS and run payroll like MYOB?
Not yet. Matrix prepares your BAS with workpapers today; lodging it straight to the ATO, and payroll with Single Touch Payroll, are coming on the Business Pro plan. MYOB offers both now.
Does Matrix calculate depreciation?
Yes. Matrix keeps a fixed asset register and works out depreciation for you, on every plan.
Sources
- https://www.myob.com/au/pricing
- https://www.myob.com/au/products/myob-business/accountright-premier
- https://help.myob.com/wiki/display/myob/Creating+rules
- https://www.myob.com/au/features/gst-software
- https://www.myob.com/au/support/myob-business/accounting/about-depreciation-accounts
- https://developer.myob.com/api/myob-business-api/
MYOB Business is a trade mark of MYOB Technology Pty Ltd. Matrix is not affiliated with, or endorsed by, MYOB Technology Pty Ltd.
Moving from MYOB Business? Try Matrix free
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