MYOB vs TallyPrime
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
MYOB offers more features (43 vs 27) and more integrations (6 vs 0). Starting price: MYOB at $9/mo vs TallyPrime at Contact Sales. MYOB has 42 unique features while TallyPrime has 26 unique features, with 1 features in common.
| MYOB | TallyPrime | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 43 | 27 |
| AI-Powered Features | 5 | 1 |
| Starting Price | $9/mo | Contact Sales |
| Pricing Tiers | 5 | 1 |
| Integrations | 6 | 0 |
| Shared Features | 1 | |
| Shared Integrations | 0 | |
| Data Quality | 80% | 60% |
Feature Comparison by Category
AI (5 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| AI BAS | ||
| AI Business Insights | ||
| Category Suggestions | ||
| Smart Invoice Reminders | ||
| Smart Reconciliation |
Access Control (1 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| User Profiles |
Accounting (0 vs 6)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Automated Voucher Creation | ||
| Bills Receivables and Payables Management | ||
| Multi-currency Support | ||
| Multiple Addresses for Company and Ledgers | ||
| Post-dated Transactions | ||
| Special Transaction Recording |
Banking (2 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Banking | ||
| Connected Bank Accounts | ||
| In-App Business Bank Account |
Business Management (1 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Multiple Business Management |
Compliance (0 vs 4)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Connected e-invoice & e-way bill Solution | ||
| E-Invoice Generation | ||
| E-Way Bill Solution | ||
| GST Returns and Reconciliation |
Credit & Cashflow Management (0 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Cash and Credit Management |
Expense Tracking (3 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Expense Management | ||
| Scan and Store Receipts | ||
| Track Income and Expenses |
Financial Management (2 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Cash Flow Management | ||
| Track Finances |
General (0 vs 2)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Business Operation Tools | ||
| Multi-task Capability |
Integration (0 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Connected Services |
International (1 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Multi-Currency Accounting |
Inventory (7 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Inventory Management | ||
| Multi-Location Inventory | ||
| Order Management | ||
| Product Attributes | ||
| Stocktake | ||
| Supplier Management | ||
| Unlimited Sales Orders |
Inventory Management (0 vs 2)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Inventory Management | ||
| Multiple Price Levels |
Invoicing (1 vs 5)
| Feature | MYOB | TallyPrime |
|---|---|---|
| GST-compliant Invoicing | ||
| Invoice Management System (IMS) | ||
| Invoice Personalisation | ||
| Invoicing and Quotes | ||
| Multiple Billing Formats | ||
| Pre-set Duty and Multiple Billing Templates |
Mobile (3 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| MYOB Assist Companion App | ||
| Mobile App Access | ||
| Solo by MYOB Mobile App |
Payments (2 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Online Payments | ||
| Payment QR Code and Link on Invoices | ||
| Tap to Pay |
Payroll (7 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Automated Annual Leave Calculations | ||
| Automated Superannuation Contributions | ||
| Digital Employee Onboarding | ||
| Employee Benefits | ||
| Payroll | ||
| Payroll Management | ||
| Single Touch Payroll | ||
| Timesheets and Rosters |
Project Management (2 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Bill by Time | ||
| Job and Project Tracking |
Reporting (3 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Customised Reports | ||
| Export and Share Business Data | ||
| Financial Reporting | ||
| Insightful Business Reports |
Sales Management (0 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Flexible Purchase and Sales Management |
Security (0 vs 1)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Security and User Management |
Tax Management (3 vs 0)
| Feature | MYOB | TallyPrime |
|---|---|---|
| Tax and GST | ||
| Track GST Only | ||
| Track GST and Lodge BAS |
Unique Features
Only in MYOB (42)
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
Multi-Location Inventory
Order Management
Product Attributes
Stocktake
Supplier Management
+ 22 more unique features
Only in TallyPrime (26)
Automated Voucher Creation
Bills Receivables and Payables Management
Multi-currency Support
Multiple Addresses for Company and Ledgers
Post-dated Transactions
Special Transaction Recording
Banking
Connected e-invoice & e-way bill Solution
E-Invoice Generation
E-Way Bill Solution
GST Returns and Reconciliation
Cash and Credit Management
Business Operation Tools
Multi-task Capability
Connected Services
Multiple Price Levels
GST-compliant Invoicing
Invoice Management System (IMS)
Invoice Personalisation
Multiple Billing Formats
+ 6 more unique features
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