Comparison
Ledger vs MYOB
MYOB was built in the 90s. Accounting software should have moved on. Ledger is the modern alternative for NZ businesses ready to leave desktop software behind.
Why NZ businesses are switching
No more desktop installs
Ledger works in your browser. Phone, laptop, tablet. No downloads, no updates, no desktop required.
AI does the work
MYOB expects you to manually code every transaction. Ledger's AI codes them for you and gets smarter over time.
Built for NZ, not adapted
MYOB is Australian software adapted for NZ. Ledger is built NZ-first with IRD rules as first-class config.
| Feature | Ledger | MYOB |
|---|---|---|
| Platform | ✓Cloud-native. Works anywhere. | Desktop legacy + cloud bolt-on |
| Monthly price | From $29/mo | From $25–$60/mo |
| AI coding | ✓Learns your patterns. Codes automatically. | No AI. Manual coding. |
| Setup time | ✓5 minutes | 1–2 hours (chart of accounts setup) |
| GST returns | ✓One-click with AI pre-flight | Manual preparation |
| Bank feed | CSV + Akahu live | Yodlee direct feeds |
| Invoicing | ✓Modern. Stripe payments. | Traditional. PayPal/bank transfer. |
| User interface | ✓Modern, clean, mobile-friendly | Dated. Desktop-first. |
| AI advisor | ✓Built-in. NZ tax law citations. | No |
| Payroll | Basic PAYE + IR348 | ✓Full payroll suite |
| Inventory | Not yet | ✓Full inventory management |
| Multi-user | Coming soon | ✓Multiple users |
| NZ market focus | ✓Built NZ-first | AU-first, NZ adapted |