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Expense management software for small businesses

Snap receipts, manage bills, and auto-match expenses to bank transactions. MYOB helps you track business costs, and stay ready for ATO reporting all year round.

MYOB Business automatically matches your uploaded receipts to your bank transactions, so you can review and approve - for easy expense reconciliation.

Snap every receipt, claim every expense

Easy receipt capture on mobile

Snap and store receipts on your phone with the MYOB Assist app. 

Automatic transaction matching

Automatically match expenses to bank transactions – just review and approve.


Tax-ready records

Track income and expenses all year round for simpler BAS and GST reporting. 

Expense management features to capture and track business costs

With the MYOB capture app, you can takes a photo of the receipt on your mobile phone. The app extracts expense, including dates, total costs, GST costs, and syncs it directly with MYOB Business. You can add notes to receipts to remind you of the details later on.

Snap receipts on your phone

Scrambling to find receipts? The MYOB Assist app lets you snap receipts the moment you spend. That means less admin, and better records.

  • Take photos of receipts in the app, or upload them from your camera roll

  • Automatically detect key details in each expense, and add notes to capture specifics

  • Store receipts securely to meet your compliance needs more easily

See how the MYOB Assist app works

Auto-match expenses to transactions

MYOB helps keep your books and bank accounts aligned by auto-matching expenses to transactions. All you need to do is review and approve.

  • Reconcile receipts with transactions a bit at a time, so admin doesn’t pile up

  • Quickly view income, profits, and expenses, and create your own custom categories to sort and track your way.

  • Rest easy with reconciliation that's safe, fast, and backed by 130+ bank feed partners.

Feature | Expense | Get (and stay) ready for tax time

Get (and stay) ready for tax time

MYOB helps you keep expense records organised all year, so ATO reporting is simpler, quicker, and stress-free.

  • Record and pre-fill GST on your expenses automatically

  • Reduce double-handling with figures that flow through to your BAS

  • Share access with your accountant to review, at no extra cost 

Assign expenses to pre-saved jobs codes, so it's quick to categorise job costs and stay on budget.

Track and evaluate job costs

Organise receipts and expenses by job or project to see where your money's going, and what's worth your time. 

  • Assign expenses and receipts to individual jobs as they come in

  • Pull up profit and loss reports for each job to get an idea of their performance

What our customers say about MYOB expense management software

It's easy to get started with MYOB Business Lite

MYOB BUSINESS

Lite

For sole traders and small business with up to 2 employees.

70% off for the first 12 months
$94.50/year
$315/year after offer period
Save $220.50 in the first year
Features
  • Now with in-built AI features
  • Track GST and lodge BAS
  • Manage inventory and orders
  • Add payroll for up to 2 employees (extra $3/month per employee)
  • Create and send unlimited professional invoices and quotes
  • Scan and store receipts
  • Accept online payments
  • Manage tax and basic reports
  • Track income and expenses
  • Connect up to 2 existing bank accounts
  • Track jobs
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A better way to manage expenses

MYOB Assist mobile app scans receipt to upload to MYOB

From lost receipts to easy expense tracking

When receipts sit in different drawers and inboxes, tax time becomes a scramble of missed expenses and fewer opportunities to get cash back.

With good expense management and easy reconciling for ATO-ready records, every cost is easily captured and securely stored. 

A construction worker in a blue hard hat installs wiring, alongside a pay runs scheduling interface showing completed pay runs and upcoming pay runs

MYOB helps you track expenses as you go

With MYOB, you can snap receipts, auto-match expenses to bank transactions, and share records with your accountant at no extra cost.

Plus, by bringing your receipts, bills, and bank records together in one software, you'll be ready to reconcile and claim at tax time.

The result: Less time looking for receipts, and more money back in your pocket.

Auto-save receipts from popular suppliers

Let your receipts take care of themselves

Supplier Connect delivers receipts from your favourite suppliers straight to your MYOB account, saving you plenty of time and effort.

Explore Supplier Connect

Need more than expense management?

Add other MYOB solutions into the mix to get even more control over your business – all in one place.

Invoicing and quotes

Create and send professional invoices with customisable templates pre-saved costs for fast and easy invoicing.

Financial reporting

Keep tabs on your business' financial health and get insights into your tax, cash flow and finances in just a few clicks.

Tax and GST

Have GST automatically calculated for you. Prepare and lodge your BAS directly with the ATO from your MYOB software.

Explore more features

All your MYOB expense management software questions, answered

Who is MYOB expense management software for?

MYOB expense management software is designed for businesses that want to stay on top of costs – from sole operators capturing receipts on the go, to bigger businesses tracking bills and job costs. 

Compare plans and pricing to find the right option for your business. 

When I upload a receipt on my phone, does it sync with my MYOB software?

Yes. The MYOB Assist app is included in your MYOB Business subscription and saves your receipts in the cloud. They sync instantly, so your records are available on any device.  

Learn more about MYOB Assist.

Is the MYOB Assist app included in my subscription?

Yes, the MYOB Assist app is included in all MYOB Business subscriptions at no extra cost – in Lite, Pro, AccountRight Plus, and AccountRight Premier plans.

How do I keep track of receipts for tax time?

The MYOB Assist app lets you take photos of receipts or upload them from your camera roll.

MYOB reads the key information for you – like the date, amount, and GST – and matches receipts to bank transactions. Just review and approve to reconcile receipts, so you can claim every deductible expense you're entitled to, without any last-minute stress. 

Find out more about the MYOB Assist app, which is included in your MYOB Business subscription at no extra cost. 

Can I keep my business and personal expenses separate in MYOB?

Yes. Set up your own categories and assign each transaction as you review it, so business and personal spending stay separate.

Many owners also keep a dedicated business bank account, so everything flowing into MYOB is already business-related and quick to reconcile.

Explore MYOB’s bank connection feature

Do I still need to keep paper receipts after capturing them?

When you upload and reconcile your receipts in MYOB, they stay attached to the relevant bank transaction and recorded digitally in your MYOB file. 

Once you have saved an image of your original paper records, you don’t have to keep the paper records unless a particular law or regulation requires you to. IR accept images of business paper records saved on a digital storage medium, provided the digital copies are true and clear reproductions of the original paper records and meet their rules for record keeping. 

Always check with your accountant or bookkeeper if you’re unsure about how to store your financial records. 

Does MYOB record GST on my expenses?

When a receipt includes GST, MYOB automatically scans and records the GST.

Once reconciled, figures are pre-filled in your BAS and ready to be reviewed at tax time by you, your accountant, or your bookkeeper. 

See how MYOB helps with tax and GST

How do I see where my money is going?

MYOB records your expenses as you go. You can run a report any time to see what you're spending and where, making it easy to spot rising costs and cut back where it counts. 

See how MYOB’s financial reporting helps you understand your spending patterns.

CURRENTLY IN BETA

Smart Reconciliation: Fewer steps, and fewer surprises

Smart Reconciliation keeps your books balanced by matching transactions automatically as you work. Invoices, bills, and categories are handled behind the scenes, so reviews are quick and tidy.

Discover AI at MYOB
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OFFER

Get 70% off your first year

Never cram tax again. Stay tax-ready all year and make EOFY a breeze.

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