![Accounting Software Faceoff: Xero Vs MYOB [2018]](https://imgix.lifehacker.com.au/content/uploads/sites/4/2017/06/Xero-vs-MYOB.jpg?ar=16%3A9&auto=format&fit=crop&q=65&w=800)
Level Up Your Life
Level Up Your Life
myob
Anthony Caruana
If you’re a small business owner dreaming of one-day retiring comfortably, new research suggests that the dream may be out of reach. According to a study by cloud accounting provider MYOB, a majority of small and medium business (SMB) owners will be unable to retire with over one-third of them…
Despite the majority of SMB agreeing that Australia needs to embrace innovation in order to be successful, only four per cent actually invest money towards it, according to a survey by MYOB.
If you want to ditch desktop accounting software, there are lots of cloud-based options to choose from. But two packages appear to be completely dominating the Australian market: Xero and MYOB.
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