MYOB is a well-established name in Australian accounting and payroll software. MYOB Team extends that capability into HR and leave management, offering Australian businesses a familiar platform for managing employees alongside their accounting. For businesses already using MYOB for accounting, the integration is appealing. But when leave management is the primary need, the per-user pricing and broader service scope may not justify the investment.
Key Takeaways
- MYOB Team is Australian payroll/accounting with leave management; LeaveBalance is dedicated leave software
- MYOB charges per user with tiered pricing; LeaveBalance is $10/mo flat for unlimited employees
- Australian businesses in the MYOB ecosystem may prefer MYOB Team; leave-focused teams prefer LeaveBalance
What MYOB Team Does Well
MYOB Team’s strength is its integration with MYOB’s accounting and payroll ecosystem. Leave management connects to payroll calculations, absence data flows into employee records, and the Australian-specific features handle local requirements like long service leave, personal/carer’s leave, and annual leave loading.
The leave management module covers Australian statutory requirements. Annual leave accrual at 4 weeks, personal/carer’s leave at 10 days, and long service leave provisions are pre-configured. For Australian businesses that want compliance with the Fair Work Act, these defaults save configuration time.
The broader MYOB ecosystem provides accounting, payroll, and tax compliance in a single platform. For small Australian businesses that want to consolidate these functions, MYOB’s integration reduces the number of vendors and integrations needed.
Where LeaveBalance Pulls Ahead
MYOB’s per-user pricing adds up as teams grow. For a team of 25, you’re paying $100+/month. LeaveBalance costs $10/month for the same team — a significant cost difference.
The accounting/payroll focus means leave management is a secondary feature within MYOB Team. LeaveBalance is purpose-built for leave management, with deeper policy controls, more flexible configurations, and reporting designed specifically for absence tracking.
For businesses that already have accounting and payroll systems, adding MYOB Team means duplicating functionality. LeaveBalance complements existing systems by handling leave management as a specialized module.
LeaveBalance’s policy engine provides more flexibility for complex leave scenarios. Conditional accrual rules, department-specific policies, and custom leave types with eligibility criteria are configurable within LeaveBalance’s dedicated framework.
Feature Comparison
| Feature | LeaveBalance | MYOB Team |
|---|---|---|
| Pricing | $10/mo flat | Per-user (tiered) |
| Employee limit | Unlimited | Per-seat |
| Australian leave | Configurable | Pre-built |
| Long service leave | No | Yes |
| Leave requests | Yes | Yes |
| Accrual policies | Advanced | Standard |
| Carryover rules | Yes | Yes |
| Accounting | No | Yes |
| Payroll | No | Yes |
| Mobile app | Yes | Yes |
Pricing Comparison
| Team Size | LeaveBalance | MYOB Team |
|---|---|---|
| 5 employees | $10/mo | $30/mo |
| 10 employees | $10/mo | $60/mo |
| 25 employees | $10/mo | $150/mo |
| 50 employees | $10/mo | $300/mo |
| 100 employees | $10/mo | $600/mo |
When to Choose MYOB Team
MYOB Team is the right choice for Australian businesses that are already in the MYOB ecosystem and want to consolidate accounting, payroll, and HR in a single platform. If you’re using MYOB for accounting and want leave management that integrates directly with your existing setup, MYOB Team provides that continuity.
For Australian businesses that need pre-built compliance with Fair Work Act leave entitlements, MYOB Team’s defaults reduce configuration effort.
When to Choose LeaveBalance
LeaveBalance wins when leave management is your primary need and you don’t require accounting or payroll consolidation. The flat $10/month rate provides professional-grade leave tracking without the per-user costs that make accounting platforms expensive for leave management specifically.
For Australian businesses that already have accounting and payroll systems, LeaveBalance provides the leave management technology independently. You get the software you need without paying for services you already have.
Growing Australian companies benefit from LeaveBalance’s flat rate and comprehensive leave features. As your team scales, your leave management cost stays the same while MYOB’s per-user pricing climbs with headcount.
FAQ
Does LeaveBalance support Australian leave entitlements?
Yes, LeaveBalance can be configured to handle Australian leave entitlements, including annual leave, personal/carer’s leave, and long service leave. The policies are configurable rather than pre-built.
Is MYOB better for Australian businesses?
MYOB is specifically designed for Australian businesses with pre-built compliance and integration with Australian accounting and payroll. LeaveBalance provides leave management that works globally, including Australia.
Can LeaveBalance integrate with MYOB?
LeaveBalance provides data exports and API integrations that allow leave data to flow into MYOB or other accounting systems.
What’s the main advantage of LeaveBalance over MYOB?
Cost efficiency and focus. LeaveBalance provides dedicated leave management at $10/month flat, while MYOB charges per-user for an accounting platform that includes leave as a secondary feature.
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