Xero vs MYOB vs Wootz: NZ Accounting Apps Compared for 2026
An honest NZ comparison of Xero, MYOB and Wootz: plan prices, limits, multi-currency, payroll and which suits your business.
By the Wootz team · Oct 2026 · 6 min read
Xero and MYOB are the two names most Kiwi businesses hear first. Wootz is the newer, lower-cost option built in Auckland. We make one of these products, so we have stuck to published prices and said where the others are the better choice.
The short answer
- Choose Xero if you want direct bank feeds and a big ecosystem of connected apps, and your accountant already uses it.
- Choose MYOB if you are already established on AccountRight, or need its job and time billing tools on a Windows computer.
- Choose Wootz if you are a sole trader or small team who wants lower costs, with multi-currency and te reo Māori invoicing included.
Plans, prices and features
| Product | Plan | Price + GST | What you get |
|---|---|---|---|
| Wootz | Blade | $12/mo | Invoices and quotes, expenses, P&L reports, 1 user, multi-currency, te reo Māori invoicing |
| Wootz | Forge | $29/mo | Everything in Blade, plus payroll, 5 team members, email sending and priority support |
| Xero | Ignite | $37/mo | 20 invoices, 5 bills, payroll at $4 per person. No multi-currency |
| Xero | Grow | $89/mo | 1 payroll person, 1 expenses user. No multi-currency |
| Xero | Comprehensive | $117/mo | Multi-currency, 5 payroll people, 5 expenses users |
| Xero | Ultimate | $135/mo | Multi-currency, 10 payroll people, 10 expenses users, projects |
| MYOB | Lite | $315/yr | Unlimited invoices and quotes, payroll for up to 2 employees at $3 each. No multi-currency |
| MYOB | Pro | $585/yr | Unlimited invoices and quotes, unlimited payroll employees at $3 each. No multi-currency |
| MYOB | AccountRight Plus | $100/mo | Unlimited invoices and quotes, payroll at $3 per employee. Needs a Windows computer |
| MYOB | AccountRight Premier | $120/mo | Multi-currency, payroll at $3 per employee. Needs a Windows computer |
Listed prices checked on 30 October 2026 from the Xero and MYOB NZ pricing pages. Both run promotions, so check current pricing.
Features side by side
| Feature | Wootz | Xero | MYOB |
|---|---|---|---|
| Lowest listed price | $12/mo | $37/mo | $315/yr |
| Invoice limit on entry plan | None listed | 20 invoices, 5 bills | Unlimited |
| Multi-currency | All plans | Comprehensive and Ultimate | AccountRight |
| Payroll | Forge and Custom | All plans, included or per person | All plans, $3 per employee |
| Te reo Māori invoicing | Included | Not listed | Not listed |
| AI assistant | Included | JAX, varies by plan | Ask Iris, varies by plan |
| Direct bank feeds | No, secure CSV import | Yes | Yes |
| GST reporting | IRD GST CSV for myIR | Included on all plans | Yes |
| Works on Mac and in a browser | Yes | Yes | Lite and Pro only |
Invoicing limits
Xero Ignite limits you to 20 invoices and 5 bills. MYOB lists unlimited invoices and quotes on its plans. Compare this before you compare headline prices, because a limit can push you up a plan.
Multi-currency
Xero includes multi-currency from Comprehensive at $117/mo. MYOB offers it on AccountRight, which needs a Windows computer. Wootz includes it on Blade at $12/mo.
Payroll
Xero charges $4 per person on Ignite and includes one person on Grow. MYOB charges $3 per employee paid, with Lite limited to two. Wootz includes payroll and five team members on Forge at $29/mo, with no payroll on Blade.
Bank feeds
This is where Xero and MYOB lead. Both offer direct bank feeds. Wootz uses secure CSV import, so you never share bank credentials, but you do import statements yourself.
AI assistants
All three now have AI. Xero has JAX, MYOB has Ask Iris and Wootz has its private assistant, covered in how Wootz AI works. Features vary by plan, so check what your plan includes.
Which should you choose?
Add up the cost of what you would really use, including payroll and apps. If the essentials cover you, see the full Xero alternative and MYOB alternative comparisons.
