MYOB provides accounting, payroll and business management software for small and mid-sized businesses and for accountants and bookkeepers. The range covers invoicing, accounting, payroll, GST and tax reporting, inventory, ERP for larger businesses and practice software. The products are aimed at Australia and New Zealand and are mostly delivered as cloud subscriptions, alongside desktop software.
MYOB is headquartered in Melbourne and has been owned by the US investment firm KKR since its delisting from the stock exchange in 2019, which makes its ultimate owner American. Its privacy policy follows the Australian Privacy Act 1988 and does not mention the GDPR. It states that related companies and third parties may be located in places including New Zealand, the Philippines and the United States, but it does not give a hosting location. The software is tailored to the Australian and New Zealand market, for example GST and BAS. Since the software targets the Australian and New Zealand market, any storage outside the EU would need to be settled by contract.