Nonprofit Tools
MYOBvsXero

MYOB vs Xero for nonprofits

Choose MYOB if…

Australian small charities and community groups whose bookkeeper uses MYOB

Not ideal for: Organisations outside Australia and New Zealand

Choose Xero if…

Small and medium charities that want a widely supported, accountant-friendly system

Not ideal for: Organisations that need true fund accounting with built-in restricted-fund reports

MYOBXero
Our rating●●●●○●●●●●
PriceAbout A$99/year (Solo)From US$27/month (UK: £18/month ex VAT)
Nonprofit offerNot-for-profits registered with Connecting Up can get up to 94% off MYOB for 12 months on Solo, Business Lite or Business Pro (new subscribers only, offer shown as valid to 20 November 2026).Registered not-for-profits get 25% off Xero's business pricing plans (confirmed on the UK page; Xero describes the discount as global).
TypeSpecialistSpecialist
SuitsVolunteer-run, Small, MediumVolunteer-run, Small, Medium
Available in🇦🇺 🇳🇿 Australia and New Zealand onlyAustralian and NZ tax and payroll only🌍 Anywhere
Strengths
  • Strong Australian tax and payroll support
  • Large Connecting Up discount for eligible charities
  • Familiar to many Australian bookkeepers
  • Very widely used, so accountants and bookkeepers know it
  • Local editions for UK, Australia, New Zealand and US
  • Large marketplace of connected apps
Watch out for
  • Limited international fit
  • Payroll is an add-on on lower plans
  • Official pricing not confirmed this session
  • No built-in fund accounting; funds are handled with tracking categories
  • Plans limit invoices and bills on the cheapest tier
  • Not-for-profit discount must be requested within 31 days of subscribing
Key features
  • GST/BAS reporting
  • Invoicing and bank feeds
  • Payroll and STP (Single Touch Payroll)
  • Bank feeds and automatic reconciliation
  • Invoices, bills and quotes
  • Tracking categories to report by programme or grant

Our ratings: MYOB: Well-established in Australia and NZ, with a charity discount. Xero: Popular cloud accounting with a nonprofit discount in many countries.

General information, not professional advice. Prices and nonprofit offers change and our research is AI-assisted, so confirm with the vendor before you buy. Names and logos belong to their owners. Full disclaimer

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