Manage inventory (and your entire business) in one place

Track stock, get to know best sellers, and boost margins with inventory and accounting in one place.

All-in-one accounting and inventory software for small businesses

When you create invoices with MYOB Business, you can select from pre-saved customer contact details and product or service pricing to create invoices faster.

Manage inventory and invoicing in one place

Set up products from scratch or import your inventory data into MYOB.

With pre-saved products and pricing, invoicing is easy. We’ll calculate totals and GST. Just add quantities and hit Send.

Search and filter with customisable product categories and fields.

The reorder report option in MYOB Business includes a table with the following details: item id, item name, primary supplier, committed number of items, available number of items and the proposed amount required in your next order. There is a button to click to create the purchase order for your supplier.

Get a snapshot of stock on hand

Automatically track stock-on-hand so you never run out of your hot ticket items.

When you see items running low, just select the products to top up, generate and send purchase orders to suppliers – all from MYOB.

Need to set stock aside so you don’t oversell? Use sales orders to hold stock until a customer’s ready to pay.

Using the item sales analysis report, for each item you can track item ID, name, quantity, amount, cost of sales, Gross profit, and profit margin.

Track costs to boost profits

Capture item costs, profits, and margins across the board.

Get the whole picture with supplier, labour, and logistics expenses captured in one place. With connected bank accounts, track cash flow to manage expenses, set product prices, and increase margins.

Plus, with expenses already in the system, it’s easy to claim the credits you're entitled to at tax time.

Square invoice sales data synced with MYOB Business inventory, including issue date, customer, amount, due date, and status. MYOB also integrates with inventory apps like Squarespace, Woocommerce, Shopify and Ebay.

Stay organised with accurate sales data

With an overview of upcoming work, supplier orders and invoicing in one system, you’ll increase accuracy and save time.

Use sales reports to track best sellers and plan for busy seasons.

MYOB connects with the apps you already use, like Squarespace, Square, and Shopify. No manual data entry, just accurate and effortless sync.

Making a start with MYOB is simple

Whether you're just starting out, or run an established enterprise, you can manage your entire business with MYOB.

What our customers say about MYOB inventory management software

Swipe left and right to see more

We hold more than a thousand item codes now, and it's growing. MYOB helps us keep track of all our stock lines and replenish when needed.

Leigh-Ann Rohde,Cardboard Box Shop

If you're looking to modernise the way you handle inventory and keep it in one easy-to-access place, MYOB is the program of choice.

David Barkho,A&S Welding Electrical

When you have software like MYOB where you can see all of your inventory, it just makes reordering so much more simple.

Phil Kuoch,Goldelucks

Inventory management is a huge benefit for me. I hand-make a lot of my products and I have to buy ingredients, labels and everything else that goes with making a physical product. So being able to manage that on my inventory is really important. It makes the process a lot quicker, rather than having to manually work out what that I need to order.

Tash Kaiser,Wurrumay Collective

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Need more than inventory management?

Invoicing

Create customised invoices on-the-go. Track who’s paid and send automatic payments reminders to those who haven’t.

Cash flow Management

Get a clear view of your finances so you can better prepare for what’s coming.

Outgrown small business inventory software?

Frequently asked questions

What are the benefits of inventory management software?

Inventory management software helps you stay on top of your stock movements in real-time so you can make informed business decisions. It keeps you up-to-date so you don’t run out of your high-demand items, or order too many of your low-demand ones, helping to minimise sunk costs.

Inventory management software assists with tasks like managing orders, managing suppliers and stocktakes. With manual tasks automated, your business is more efficient and productive.

How do I use MYOB inventory management software?

To use inventory management software, input the details of your stock items. The software will then centralise your stock-on-hand information and start monitoring your inventory.

You can buy more inventory, create invoices, adjust stock information and run inventory reports as you need to. Once you’re ready to perform a stocktake, you can use your software to reconcile your records with the actual inventory on hand.

Is there a minimum subscription period?

Nope. And there are no lock-in contracts either. Pay monthly and enjoy the flexibility to cancel anytime.

Can I create discounts?

Yes, you can apply discounts.

Discount specific items or apply a discount to the entire invoice – it's up to you.

Can I issue returns, credits, or refunds?

Yes, you can create returns, credits, or refunds in MYOB to keep your balance sheet up to date.

Credit or reimburse customers for goods returned or services not used or received. You can also credit customers for invoice overpayments.

Can I let other people access my software?

Absolutely. You can share your account with your advisor, accountant, bookkeeper or business partner at any time for no extra cost. You can also control what they can see and do by adjusting their access levels.

Can I run stocktakes with MYOB inventory software?

Stocktakes are only available in the AccountRight Plus and AccountRight Premier plans. AccountRight Plus is a good starting point if you need to do regular stocktakes. If you also need multi-location inventory management features, opt for AccountRight Premier.

Does MYOB allow me to track stock across multiple locations?

AccountRight Premier is the only monthly subscription that offers multi-location inventory management.

For bigger businesses that need a scalable, customisable inventory platform, we recommend MYOB Acumatica. A cloud-based ERP platform that gives you 360-degree visibility, MYOB Acumatica has you covered – from inventory and distribution, to manufacturing and warehouse management. See MYOB Acumatica’s inventory and distribution features.

Can I create a Bill of Materials with MYOB inventory software?

The Bill of Materials feature is only available in certain products.

AccountRight Premier is the only monthly subscription that offers Bill of Materials (BOM).

For complex businesses who need customisable inventory and manufacturing features, we recommend MYOB Acumatica ERP. MYOB Acumatica offers powerful, integrated Bills of Materials and routing tools for precise planning and true production costs. See MYOB Acumatica's inventory and distribution features.