Ledger vs MYOB Business
Ledger
ledger-cli.org
MYOB Business
myob.comSide by side
| Figure | Ledger | MYOB Business |
|---|---|---|
| Price from | Free | A$15/mo |
| Free plan | Yes | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | — | Yes |
| Windows | Yes | Yes |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 1 | 8 |
| Spec score · Bookkeeping Software | 8.2 (#32) | 9.2 (#8) |
| Accountant access | No | Yes |
| Automated reconciliation | Yes | Yes |
| Bank feeds | No | Bank feeds connect accounts or cards and automatically import transactions; MYOB says feeds cover more than 140 Australian financial institutions. |
| Inventory tracking | No | Yes |
| Invoice creation | No | Yes |
| Receipt capture | No | Yes |
| What it does | Ledger is a double-entry accounting system accessed from the UNIX command line. | MYOB Business provides cloud accounting and payroll for Australian and New Zealand small businesses, covering invoicing, expenses, cash flow, GST and compliance. |
Plans
MYOB Business
- LiteA$315 a year
- ProA$70 a month
- AccountRight PlusA$165 a month
- AccountRight PremierPrice not published
- Payroll OnlyA$15 a month
- Business ProA$70 a month
- AccountRight PremierA$210 a month
- Business LiteA$315 a year
In their own words
Ledger
Ledger is a double-entry accounting system used from the UNIX command line. Users record transactions in Ledger’s text format and maintain the files themselves; Ledger does not create or modify them. Entries must balance, and an unbalanced entry produces an error instead of a report. Commands can generate monthly and average reports, check balances, reconcile accounts, and track stock capital gains. Ledger supports multiple currencies in an account and can convert between them. Its data files accept UTF-8, dates use ISO format, and decimal values can follow US or European formats. The software is released under the BSD license and is listed as free. It runs on Linux, macOS, and Windows; downloads also include packages or binaries for BSD. The documentation links to the Ledger 3 manual, man page, C++ API documentation, and ledger-mode manual. The project directs users to an IRC channel and mailing list for discussion, and to GitHub for bug reports.
MYOB Business
MYOB Business has no write-up on Specifiction yet; its figures are above.