FreeAgent
8.2#1 in accounting apisFree planFree planAndroidiOSWebAPI
VisitFreeAgent vs MYOB Business
MYOB Business
7.9#2 in direct deposit payrollFrom A$15 a monthAndroidiOSWebAPI
VisitWhat both publish
| Fact | FreeAgent | MYOB Business |
|---|---|---|
| Company history | FreeAgent says it launched in 2007 and identifies its founders as Ed, Olly and Roan. | MYOB says it has supported Australian and New Zealand organisations since 1991. |
| Documentation and support | FreeAgent provides a 24/7 Knowledge Base plus UK-based support accountants through live chat, email and phone. | MYOB provides a searchable support centre, knowledge articles, community forum, phone or chat support and free self-paced training. |
| Free plan | Yes | No |
| Integrations | Supported connections include Open Banking feeds, HMRC, Stripe, PayPal, GoCardless, Basecamp and many listed integration partners. | Independent software directories list integrations including Shopify, WooCommerce, Salesforce, Mailchimp, Dext, ServiceM8, Tradify and Fathom. |
| Invoicing | Users can create recurring invoices, automate late-payment reminders, convert estimates into invoices, and accept invoice payments through Stripe and PayPal. | Users can create and send unlimited professional invoices and quotes with templates and saved costs. |
| Ownership | NatWest Group acquired FreeAgent in early 2018, while FreeAgent says it remains operationally independent. | KKR announced completion of its acquisition of MYOB in May 2019, taking the company private. |
| Payroll | The desktop product includes RTI-compliant payroll functionality. | Payroll supports pay runs, automated tax and superannuation calculations, leave handling and Single Touch Payroll reporting. |
| Praise: ease of use | Independent reviewers repeatedly praise the clean interface, straightforward invoicing, easy bank reconciliation and suitability for non-accountants. | G2 reviewers commonly praise the familiar interface, straightforward setup and centralized financial information. |
| Rating on Apple App Store | 4.8 out of 5 from 14K ratings. | MYOB Assist rated 3.4 out of 5 from 82 ratings |
| Rating on Capterra | 4.5 out of 5 from 179 reviews. | 3.9 out of 5 from 149 reviews |
| Rating on G2 | 4.3 out of 5 from 43 reviews. | 3.7 out of 5 from 48 reviews |
| Rating on Software Advice | 4.5 out of 5 from 179 reviews. | 3.9 out of 5 from 148 reviews |
FreeAgent plans
- Sole trader£10 a month
- Partnership or LLP£19 a month
- Limited company£33 a month
- FreeFree
- Bank-account-funded accountFree
- Eligible bank-account planFree
MYOB Business plans
- LiteA$315 a year
- ProA$70 a month
- AccountRight PlusA$165 a month
- Payroll OnlyA$15 a month
- Business ProA$70 a month
- AccountRight PremierA$210 a month
Pick FreeAgent if…
FreeAgent is aimed at small businesses, accountants, and bookkeepers managing accounts, invoices, expenses, or tax tasks. Its mobile apps may suit users who want to record expenses, track time, or manage invoices on iOS or Android.
Pick MYOB Business if…
You want what its maker publishes above — check its page for the details.