Drake Tax vs MYOB
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
Drake Tax offers fewer features (20 vs 43) and fewer integrations (3 vs 6). Starting price: Drake Tax at Contact Sales vs MYOB at $9/mo. Drake Tax has 20 unique features while MYOB has 43 unique features, with 0 features in common.
| Drake Tax | MYOB | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 20 | 43 |
| AI-Powered Features | 1 | 5 |
| Starting Price | Contact Sales | $9/mo |
| Pricing Tiers | 0 | 5 |
| Integrations | 3 | 6 |
| Shared Features | 0 | |
| Shared Integrations | 0 | |
| Data Quality | 50% | 80% |
Feature Comparison by Category
AI (0 vs 5)
| Feature | Drake Tax | MYOB |
|---|---|---|
| AI BAS | ||
| AI Business Insights | ||
| Category Suggestions | ||
| Smart Invoice Reminders | ||
| Smart Reconciliation |
Access Control (0 vs 1)
| Feature | Drake Tax | MYOB |
|---|---|---|
| User Profiles |
Automation (2 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Batch Processing | ||
| Scan-and-Fill Technology |
Backup & Recovery (1 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Automated Cloud Backups |
Banking (0 vs 2)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Connected Bank Accounts | ||
| In-App Business Bank Account |
Business Management (0 vs 1)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Multiple Business Management |
Collaboration (1 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Multi-User Support |
Data Collection (1 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Digital Organizers |
Document Management (3 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Professional PDF Generation | ||
| Secure Client Portals | ||
| Year-Round Document Repository |
E-Filing (2 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| E-File Center | ||
| Error Code Database |
Expense Tracking (0 vs 3)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Expense Management | ||
| Scan and Store Receipts | ||
| Track Income and Expenses |
Financial Management (0 vs 2)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Cash Flow Management | ||
| Track Finances |
Forms & Compliance (1 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Comprehensive Form Libraries |
Integrations (1 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Integration Capabilities |
International (0 vs 1)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Multi-Currency Accounting |
Inventory (0 vs 7)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Inventory Management | ||
| Multi-Location Inventory | ||
| Order Management | ||
| Product Attributes | ||
| Stocktake | ||
| Supplier Management | ||
| Unlimited Sales Orders |
Invoicing (0 vs 1)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Invoicing and Quotes |
Mobile (0 vs 3)
| Feature | Drake Tax | MYOB |
|---|---|---|
| MYOB Assist Companion App | ||
| Mobile App Access | ||
| Solo by MYOB Mobile App |
Payments (0 vs 2)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Online Payments | ||
| Tap to Pay |
Payroll (0 vs 7)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Automated Annual Leave Calculations | ||
| Automated Superannuation Contributions | ||
| Digital Employee Onboarding | ||
| Employee Benefits | ||
| Payroll | ||
| Single Touch Payroll | ||
| Timesheets and Rosters |
Project Management (0 vs 2)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Bill by Time | ||
| Job and Project Tracking |
Quality Assurance (3 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Error Categorization | ||
| Real-Time Diagnostics | ||
| Sophisticated Diagnostic Engine |
Reporting (1 vs 3)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Comprehensive Dashboard | ||
| Customised Reports | ||
| Export and Share Business Data | ||
| Financial Reporting |
Security (2 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Data Encryption | ||
| Multi-Factor Authentication (MFA) |
Tax Management (0 vs 3)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Tax and GST | ||
| Track GST Only | ||
| Track GST and Lodge BAS |
User Experience (2 vs 0)
| Feature | Drake Tax | MYOB |
|---|---|---|
| Keyboard Shortcuts | ||
| Streamlined Data Entry Screens |
Unique Features
Only in Drake Tax (20)
Batch Processing
Scan-and-Fill Technology
Automated Cloud Backups
Multi-User Support
Digital Organizers
Professional PDF Generation
Secure Client Portals
Year-Round Document Repository
E-File Center
Error Code Database
Comprehensive Form Libraries
Integration Capabilities
Error Categorization
Real-Time Diagnostics
Sophisticated Diagnostic Engine
Comprehensive Dashboard
Data Encryption
Multi-Factor Authentication (MFA)
Keyboard Shortcuts
Streamlined Data Entry Screens
Only in MYOB (43)
User Profiles
AI BAS
AI Business Insights
Category Suggestions
Smart Invoice Reminders
Smart Reconciliation
Connected Bank Accounts
In-App Business Bank Account
Multiple Business Management
Expense Management
Scan and Store Receipts
Track Income and Expenses
Cash Flow Management
Track Finances
Multi-Currency Accounting
Inventory Management
Multi-Location Inventory
Order Management
Product Attributes
Stocktake
+ 23 more unique features
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