Financial reporting software for small businesses
Get financial reports that help you stay on top of tax, cash flow and day-to-day business decisions. From GST and BAS reporting to budget tracking and custom reports, MYOB helps you understand where your business stands.
Small business reporting with built-in compliance and financial visibility
ATO compliance made easy
Built-in GST, BAS, and Single Touch Payroll reporting helps you stay compliant without the stress.
Cash flow visibility
Get a quick snapshot of your financial position, drill into the numbers, and set budgets.
Customisable report templates
Create and save customised reports, so you can focus on the numbers that matter most to your business.
Financial reporting features for Australian small businesses
Simplified tax reporting
Use ready-made reports designed to help you stay compliant and keep admin under control.
Automatically record and pre-fill GST and tax data in your Business Activity Statements (BAS)
Share access with your accountant or bookkeeper to review, at no extra cost
Lodge BAS reports direct to the ATO from MYOB
Need to pay employees in MYOB?
Automate Single Touch Payroll (STP) reporting direct to the ATO.
Customise reports with data you want to see
Start with a standard report, then customise and save the template to drill into the details that matter to you.
Get access to ready-to-go reports like Profit and Loss reports and Balance Sheets
Add, reorganise or remove columns
Create reports that span years, quarters or weeks
Set up custom categories and jobs to track what matters
Zoom in on specific time periods to see seasonal trends
Create budgets to avoid overspending
Keep an eye on what’s coming in, what’s going out, and what you need to hold onto for later.
Access quick-and-easy budget templates
Set budgets for specific jobs or time periods
Set spending limits so you can keep cash aside for upcoming expenses
Download sales reports to see how products and services are performing against costs
Reduce manual effort with pre-filled data
Keep reports accurate with synced data – all flowing into your reporting automatically.
Sync bank transactions for real-time cash flow reporting
Pre-fill data from receipts for accurate expense tracking
Automate GST tracking on expenses and receipts so you can claim back GST credits
Sync payroll and timesheet data for Single Touch Payroll (STP) reporting
Go back years, or just a couple of weeks, with detailed financial records
See how businesses have more visibility with MYOB
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Making a start with MYOB is simple
Whether you're just starting out, or run an established business, you can manage your entire business with MYOB.
MYOB Business
Lite
For sole traders and small business with up to 2 employees.
- 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)
MYOB Business
Pro
For small to medium businesses with multiple employees.
- Now with in-built AI features
- Connect unlimited bank accounts
- Create and send sales orders
- Add payroll for unlimited employees (extra $3/month per employee)
Need more than financial reporting?
Connect reporting with tools for taxes, expense tracking, invoicing, and more – all in one place.
Tax and GST
Have GST automatically calculated for you. Prepare and lodge your BAS directly with the ATO from your MYOB software.
Expense management
Track bills in your software, automatically match purchases to your bank transactions, and easily on-charge expenses to your customers.
Invoicing and quotes
Create and send professional invoices with customisable templates. Add pre-saved costs and customer contacts for fast and easy invoicing.
All your questions answered about MYOB financial reporting software:
Who is MYOB’s financial reporting software for?
MYOB’s financial reporting supports all types of businesses – from sole traders who want basic tax, expense and income reporting, to small businesses who need payroll and inventory reports.
What can I report on in MYOB?
MYOB gives you ready-made reports, plus the option to customise. You can use reports to check things like:
Tax reports (e.g. GST, BAS)
Single Touch Payroll
Cash flow
Sales and purchases
Stock and inventory
Banking
You can also set up job tracking or categories for more detailed insights.
Can I download and share reports from MYOB?
Yes! You can download reports as PDFs or spreadsheets. Share with your accountant, bookkeeper or business partner as needed.
You can also invite your accountant or bookkeeper to access MYOB at no extra cost.
What is financial reporting software?
Financial reporting software is a tool that allows you to generate instant reports for any area of your business. These include tax reports and cash flow reports, as well as reports on income and expenses, sales, purchases, banking and more.
With financial reporting software, you can customise reports with the most relevant and useful information, and save your customisation to download anytime you need an update.
Can I migrate my data into my MYOB Business software?
There are two ways to move your data to MYOB.
Option 1: Manage your own move
See our step-by-step guides:
Migrate your data from other software (Reckon, Xero or QuickBooks)
Option 2: Get help moving from Reckon, QuickBooks or Xero to MYOB
With the help of MMC Convert, our migration partner, you can have your data securely migrated from your current accounting software to MYOB. Plus, we'll cover the cost to migrate data from the current and previous financial year. Make the move.
How do I use financial reporting?
From the Reporting section in MYOB Business, you can view saved reports or create new customisable reports. You can run reports on sales and purchases, income and expenses, stock and inventory, banking and more. Once you’ve chosen the report you need, you can download it as a PDF file or spreadsheet to share, save or analyse further.
Can I give access to other people?
Absolutely. You can share your account with your accountant, bookkeeper or business partner at any time at no extra cost.
You can also adjust their access level so you can control what they can see or do.
