MYOB vs Thomson Reuters Tax and Accounting Solutions
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
MYOB offers more features (43 vs 34) and more integrations (6 vs 0). Starting price: MYOB at $9/mo vs Thomson Reuters Tax and Accounting Solutions at Contact Sales. MYOB has 43 unique features while Thomson Reuters Tax and Accounting Solutions has 34 unique features, with 0 features in common.
| MYOB | Thomson Reuters Tax and Accounting Solutions | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 43 | 34 |
| AI-Powered Features | 5 | 6 |
| Starting Price | $9/mo | Contact Sales |
| Pricing Tiers | 5 | 3 |
| Integrations | 6 | 0 |
| Shared Features | 0 | |
| Shared Integrations | 0 | |
| Data Quality | 80% | 70% |
Feature Comparison by Category
AI (5 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| AI BAS | ||
| AI Business Insights | ||
| Category Suggestions | ||
| Smart Invoice Reminders | ||
| Smart Reconciliation |
AI Audit (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CoCounsel Audit |
AI Legal Research & Drafting (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CoCounsel Legal |
AI Research (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| AI-Assisted Research |
AI Tax Assistance (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CoCounsel Tax |
Access Control (1 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| User Profiles |
Audit (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Audit Intelligence |
Audit Workflow (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Cloud Audit Suite |
Banking (2 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Connected Bank Accounts | ||
| In-App Business Bank Account |
Business Management (1 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Multiple Business Management |
Compliance (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Payroll Analytics |
Data Analysis (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Analyze |
Document Management (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Data & Document Management |
Estate Planning (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Estate Planning |
Expense Tracking (3 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Expense Management | ||
| Scan and Store Receipts | ||
| Track Income and Expenses |
Financial Management (2 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Cash Flow Management | ||
| Track Finances |
Financial Planning (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Financial Planning & Analysis |
Fraud & Risk Investigation (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CLEAR Investigate |
Fraud Detection (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Fraud Detect |
Identity Verification (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CLEAR ID Confirm |
Income Tax (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| ONESOURCE Income Tax |
International (1 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Multi-Currency Accounting |
International Trade (0 vs 2)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Customs & Duties Management | ||
| ONESOURCE Foreign Trade Zone Management |
Inventory (7 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Inventory Management | ||
| Multi-Location Inventory | ||
| Order Management | ||
| Product Attributes | ||
| Stocktake | ||
| Supplier Management | ||
| Unlimited Sales Orders |
Invoicing (1 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Invoicing and Quotes |
Learning & Development (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Professional Development & Education |
Mobile (3 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| MYOB Assist Companion App | ||
| Mobile App Access | ||
| Solo by MYOB Mobile App |
Payments (2 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Online Payments | ||
| Tap to Pay |
Payroll (7 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Automated Annual Leave Calculations | ||
| Automated Superannuation Contributions | ||
| Digital Employee Onboarding | ||
| Employee Benefits | ||
| Payroll | ||
| Single Touch Payroll | ||
| Timesheets and Rosters |
Practice Management (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Practice Management & Growth |
Project Management (2 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Bill by Time | ||
| Job and Project Tracking |
Reporting (3 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Customised Reports | ||
| Export and Share Business Data | ||
| Financial Reporting |
Research (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Tax Research & Guidance |
Risk & Fraud (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CLEAR |
Risk Assessment (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CLEAR Risk Inform |
Risk Screening (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| CLEAR Adverse Media |
Supply Chain (0 vs 2)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| ONESOURCE Pagero | ||
| Supply Chain & Procurement Technology |
Tax Accounting (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| ONESOURCE Tax Provision |
Tax Calculation & Compliance (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| ONESOURCE Determination |
Tax Compliance (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| ONESOURCE Indirect Compliance |
Tax Management (3 vs 0)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Tax and GST | ||
| Track GST Only | ||
| Track GST and Lodge BAS |
Tax Planning (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Ready to Advise |
Tax Preparation (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| UltraTax CS |
Tax Processing (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| 1040SCAN |
Tax Review (0 vs 1)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Ready to Review |
Trade Compliance (0 vs 2)
| Feature | MYOB | Thomson Reuters Tax and Accounting Solutions |
|---|---|---|
| Global Trade Compliance & Management | ||
| ONESOURCE Global Classification AI |
Unique Features
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
Only in Thomson Reuters Tax and Accounting Solutions (34)
CoCounsel Audit
CoCounsel Legal
AI-Assisted Research
CoCounsel Tax
Audit Intelligence
Cloud Audit Suite
Payroll Analytics
Analyze
Data & Document Management
Estate Planning
Financial Planning & Analysis
CLEAR Investigate
Fraud Detect
CLEAR ID Confirm
ONESOURCE Income Tax
Customs & Duties Management
ONESOURCE Foreign Trade Zone Management
Professional Development & Education
Practice Management & Growth
Tax Research & Guidance
+ 14 more unique features
View MYOB details View Thomson Reuters Tax and Accounting Solutions details MYOB alternatives Thomson Reuters Tax and Accounting Solutions alternatives
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