MYOB Lite

Essential accounting software for small businesses and tradies.

by MYOB · Financial Close & Accounting

Executive Summary

MYOB Lite is an entry-level accounting software plan offered by MYOB, specifically designed to meet the financial management needs of small businesses, including sole traders and those with small teams (up to 20 employees). It provides core functionalities such as invoicing, including the ability to apply item-level discounts, and aims to simplify administrative tasks. Positioned as a more affordable and streamlined option within the broader MYOB Business suite, MYOB Lite is suitable for businesses looking to manage their finances efficiently without the complexity of more advanced accounting solutions. It is particularly relevant for Australian and New Zealand clients, with a focus on local compliance.

Use Cases

  • Managing day-to-day financial transactions for a small business.
  • Creating and sending professional invoices with custom item discounts.
  • Tracking income and expenses for tradies and service-based businesses.
  • Streamlining administrative tasks to focus on core business operations.

Technical Specifications

Architecture
Cloud-native with REST API
Deployment
SaaS
Authentication
OAuth 2.0
API Available
Yes

Integrations

  • Shopify
  • Bank Feeds

Pricing

Model
Subscription
Target Customer
SMB
Contract Type
Monthly, Annual

About MYOB

MYOB (Mind Your Own Business) is an Australian provider of business management solutions for small and medium-sized businesses, offering cloud-based accounting, payroll and practice management software. They deliver SaaS products to help SMEs manage finances, invoicing, tax compliance and payroll across Australia and New Zealand.

Founded: 1991 · Headquarters: Cremorne, Victoria, Australia · Employees: 1000+ · Private