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Best for coverage

We have direct datalinks with over 130 banks, financial institutions and credit card providers across Australia and New Zealand.

Security you can bank on

Your information is completely secure. We protect all our data with PCI DSS global security and are compliant with banking rules.

Data that makes sense

MYOB bankfeeds seamlessly integrate your financial data to help keep your accounts up-to-date and accurate.

It's easy to get started with MYOB Business Lite

$5/month for the first 6 months

MYOB Business

Lite

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

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    Create and send unlimited professional invoices and quotes
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    Track income and expenses
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    Connect up to 2 bank accounts
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    Track and report GST
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    Scan and store receipts
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    Manage tax and basic reports
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    Accept payments
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    Track jobs
From$5.00/month + GST
Save $162 in the first 6 months
$32/month after offer period
Compare plans and pricing

All your questions answered about connecting your bank accounts to MYOB software:

Is there a minimum subscription period?

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Nope. And there are no locked-in contracts either. Simply pay for your MYOB Business accounting software plan on a monthly basis with peace of mind that you can cancel at any time.

How long does it take to set up?

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Just a few minutes — honestly.

  1. Choose the software plan that's right for your business

  2. Sign up to access your software immediately

  3. Log in to your software. Once you've logged in, we'll guide you through the set-up so you can spend less time on admin and more time doing what you do best.

Can I use my account on my phone?

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Yep. While our software is compatible with all browsers on desktop, mobile and tablets. We also have handy iOS and Android apps for managing your business on-the-go.

The MYOB Capture app lets you scan and upload your receipts directly to your software, where we’ll auto-extract the information, saving you data entry time. Plus, you can attach receipts directly to the transaction, keeping you organised and ready for tax time.

The MYOB Invoice app helps you create smart, professional-looking invoices that let your clients pay you directly in just a few clicks. You can also track who’s paid your invoices and who hasn’t from within the app.

If you‘d like to bill by time, budget by job or use multiple currencies, you‘ll need to use MYOB Business AccountRight Plus or AccountRight Premier. Both of these plans require a Windows desktop or laptop computer.

Is my data secure?

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Yes. MYOB takes the security and protection of our customers’ data seriously. We use secure, encrypted channels for all communications between us and follow industry best practices including ISO 31000 Risk Management Standard.

What is a bankfeed?

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Bankfeeds connect your bank account to your accounting software, and automatically download all your transaction data to make balancing your books easy and seamless. Rather than combing through statements from your bank or financial institution and manually entering the details to keep track of your incomings and outgoings, information about all your transactions is available in your accounting software in real-time, making bank reconciliation a breeze. 

How often are your bankfeeds updated in MYOB software?

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How often your bankfeeds are updated in your MYOB software depends on your financial institution. To find out about the institutions we support and their feed frequency, visit our registry pages for Australia or New Zealand

How do I find bankfeeds in my MYOB software?

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To set up your bankfeeds in MYOB software, go to the Banking menu and choose Manage bank accounts, then click Connect bank or credit card. After you’ve set up your bankfeed, you’ll be able to view and manage your data from the Manage bank accounts section.

Is it safe to link or connect bank accounts to MYOB software?

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Yep! Your data is protected with PCI DSS global security. We are compliant with ASIC and banking rules. So you’re completely secure! For more information, please go to the MYOB Trust Centre