Fortnox vs MYOB Comparison
Compare Fortnox vs MYOB features, pricing, and more.
Last updated: November 2026
Fortnox
6.5/10
Swedish cloud accounting platform covering bookkeeping, invoicing, payroll, supplier invoice approval and reporting for small and mid-sized Swedish businesses and accounting firms.
MYOB
6/10
MYOB offers accounting, payroll, and tax compliance software for small and medium businesses in Australia and New Zealand, from sole traders to multi-entity firms.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6/10 |
| Analytics | 5/10 | 5/10 |
| Compliance | 7/10 | 8/10 |
| Cost | 6/10 | 6/10 |
| Customization | 5/10 | 5/10 |
| Ease of Use | 7/10 | 6/10 |
| Integration | 8/10 | 5/10 |
| Scalability | 6/10 | 6/10 |
| Security | 6/10 | 7/10 |
| Support | 7/10 | 4/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | SEK 238/mo Mini | A$8/mo Solo by MYOB |
| Estimated cost for 10 users | SEK 238/mo Mini | A$26/mo Lite |
| Features | ||
| Financial Reporting | ||
| General Ledger | ||
| Invoicing | ||
| Payroll | ||
| Accountant Access | Not listed | |
| Accounts Payable | Not listed | |
| Bank Reconciliation | Not listed | |
| Corporate Cards | Not listed | |
| Expense Management | Not listed | |
| Inventory Accounting | Not listed | |
| Multi-currency | Not listed | |
| Multi-entity Consolidation | Not listed | |
| Tax Compliance | Not listed | |
Fortnox vs MYOB cost by team size
| Team size | Fortnox | MYOB |
|---|---|---|
| 1 user | SEK 238/moMini | A$8/moSolo by MYOB |
| 5 users | SEK 238/moMini | A$26/moLite |
| 10 users | SEK 238/moMini | A$26/moLite |
| 25 users | SEK 238/moMini | A$26/moLite |
| 50 users | SEK 238/moMini | A$26/moLite |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Fortnox
- Higher Integration score (8/10 vs 5/10)
- Higher Support score (7/10 vs 4/10)
- Better fit for accountants and bookkeepers (9/10 vs 6/10)
Why choose MYOB
- Higher Compliance score (8/10 vs 7/10)
- Higher Security score (7/10 vs 6/10)
Pros & Cons
Fortnox
Pros
- More than 500 integrations, and one 189 kr licence covers all of them.
- A single platform covers bookkeeping, invoicing, payroll, supplier invoice approval, payments and a company card, which suits Swedish SMEs.
- Accounting firms get a dedicated bureau package for working in their clients' books.
- New companies get six months free, and every new subscription has a 30-day open purchase period.
- Trustpilot and Shopify app reviewers frequently praise customer service and sync reliability.
Cons
- Usage fees for invoices, paid employees and interpretations, plus an Access fee that scales with activity, make total cost hard to predict.
- Three-month agreements cost 15 percent more than the 12-month list prices.
- The product is Swedish-focused, and users have asked for an English interface.
- Some users call the reporting tools dated and say neobank integrations such as Revolut are missing.
MYOB
Pros
- BAS lodgement and GST tracking are built for Australian Taxation Office rules, so local businesses need no extra compliance tool.
- Payroll and inventory are native features at lower price points than many rivals that rely on add-on apps.
- There is no lock-in contract, and new customers get large introductory discounts.
- The security page lists ISO 27001 and PCI DSS, and logins support passkeys and two-factor authentication.
- The plans scale from a mobile-only sole trader app up to multi-currency, multi-business desktop and cloud editions.
Cons
- Users on Trustpilot and Capterra report bugs, dropouts and problems after updates or forced migrations.
- Support gets mixed reviews, with complaints about long waits and unresolved issues, and one comparison says there is no phone support.
- Its third-party integration ecosystem is smaller than Xero's, and developers have complained about the cost of API access.
- Multiple currencies and multiple businesses require the top Premier plan, whose price isn't published.
- Its ratings on comparison sites trail Xero's, for example 3.6 versus 4.4 on G2 as cited by Envoice.
Not sold on either?
Frequently Asked Questions
Fortnox scores higher on our Finance Software criteria: 6.5/10 against 6/10 for MYOB. The largest gap is in Integration: 8/10 for Fortnox and 5/10 for MYOB.
No, neither Fortnox nor MYOB lists a free plan.
Fortnox is the better fit for accountants and bookkeepers: we rate it 9/10 for them, against 6/10 for MYOB.
