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MYOB vs Hnry

Looking for an alternative to MYOB? See how Hnry is better for sole traders than MYOB’s accounting software

What you get with Hnry

  • Unlimited invoices and expense claims.
  • All your taxes calculated and paid as you go.
  • Hnry becomes your accountant, filing your returns and representing you to the ATO and Medicare.
  • Clients can pay by credit card at no extra cost to you.
  • Automatic transaction reconciliation.
You get all of this for just 1% + GST of your self-employed income (capped at $1,500/year).

What you get with MYOB

With MYOB’s sole trader plan, you can:
  • Send unlmited invoices.
  • Clients can pay by credit card with an additional cost to you (1.8% + $0.25 on top of your invoices).
  • Reconcile your own transactions.
You still need…
  • An accountant (averaging $2,000/year).
  • Time for financial admin – reconciling transactions, managing tax payments and filings (averaging 8 hours/week or $9,000/year for an assistant).
All of this combined could cost you over $12,000/year.

Hnry gives you more

Hnry has been designed to give sole traders everything they needed. We’re not fancy, overcomplicated software that’s designed to make it easier on your accountant, and we’re not a simple admin management system. None of the fluff, we just get it all done for you — simple.

With Hnry you get all your taxes paid and filed (Income Tax, GST and Medicare), all your business and home office expenses managed by expert accountants, as well as getting great software for invoicing, quoting, and personal financial management.

What You Need Hnry MYOB (Sole Trader Plan)
Taxes calculated and paid automatically Yes No
Tax returns (including GST) filed by accountants Yes No
Manage clients Yes Yes
Raise expenses Yes Yes
Debit card to automatically raise expenses Yes No
Expenses managed by accountants Yes No
Send quotes and invoices Yes Yes
Transaction reconciliation Hnry does it for you You do it yourself
Accept credit card payment Included automatically At cost to you
Unlimited support from accountants Yes No
Employee payroll No No
Track your inventory No Limited

Switch from MYOB to Hnry today!

Switching from MYOB to Hnry is simple. There’s no need to wait for the end of a tax year - we make it simple and seamless to make the switch to Hnry. Whether you’re doing it all yourself, or you’re using a mix of software - like MYOB, spreadsheets and an accountant - we’ll have you up and running with Hnry in minutes.

Stop taking it all on yourself with MYOB, and have Hnry do it all for you - so you can have peace of mind that your tax payments are always up-to-date.