MYOB Business

Best Self-hosted Alternatives to MYOB Business

A curated collection of the 4 best self hosted alternatives to MYOB Business.

Cloud-based accounting and business management software for small and medium businesses that handles invoicing, expenses, bank reconciliation, payroll (in supported regions), inventory, and financial reporting; includes automation and compliance features.

Alternatives List

#1
Akaunting

Akaunting

Self-hostable online accounting software to manage invoices, expenses, payments, and cash flow for small businesses and freelancers.

Akaunting screenshot

Akaunting is an online accounting application for small businesses and freelancers, designed to manage day-to-day bookkeeping from a web interface. It provides core finance workflows like invoicing, expense tracking, and cash flow visibility, with an extensible modular architecture.

Key Features

  • Create and send professional invoices and track payments
  • Track expenses and categorize income/expense transactions
  • Cash flow overview to monitor business finances
  • Modular app system with an integrated app marketplace for extensions
  • RESTful API for integrations and automation
  • Multi-language interface supported by community translations

Use Cases

  • Freelancers issuing invoices and tracking client payments
  • Small businesses managing expenses, categories, and basic bookkeeping
  • Organizations extending accounting features via modules and integrations

Limitations and Considerations

  • Some advanced accounting/ERP functions may require additional apps/modules
  • License is BSL, which may impose restrictions for some commercial use cases

Akaunting is a practical choice for teams that want a web-based accounting system they can run on their own infrastructure. Its extensibility and broad language support make it suitable for a wide range of small-business workflows.

9.6kstars
2.8kforks
View Details
#2
Bigcapital

Bigcapital

Self-hosted open-source accounting and inventory software with double-entry bookkeeping, invoicing, expenses, multi-currency support, and financial reporting.

Bigcapital screenshot

Bigcapital is an open-source accounting and inventory application designed for small and medium businesses. It helps organize transactions using double-entry bookkeeping and provides financial statements and reporting to support day-to-day decision-making.

Key Features

  • Double-entry accounting with journals and account categorization
  • Sales and purchase invoicing, including recurring invoices
  • Customer and vendor payment tracking
  • Expense tracking and expense accounting workflows
  • Inventory tracking with automatic stock adjustments on buy/sell
  • Financial statements and business reports
  • Multi-currency accounting with exchange-rate conversion
  • Organization collaboration with role-based permissions for accountants/bookkeepers
  • API-first “headless accounting” for integrating with other systems

Use Cases

  • Replace or complement proprietary small-business accounting tools
  • Track invoices, bills, expenses, and inventory for a growing business
  • Integrate accounting and reporting into an existing product via API

Limitations and Considerations

  • Some advanced features expected in mature ERP/accounting suites may be incomplete or evolve over time

Bigcapital is a solid choice for teams that want an open-source, API-capable accounting system with invoicing, expenses, inventory, and reporting in one place. It is particularly suitable for SMBs that need control over deployment and data while keeping a modern web-based workflow.

3.5kstars
404forks
View Details
#3
SolidInvoice

SolidInvoice

Self-hosted invoicing and quoting platform with client management, taxes/discounts, online payments, and a REST API for integrations.

SolidInvoice screenshot

SolidInvoice is an open-source invoicing application built to help freelancers and small businesses manage billing operations. It centralizes clients, quotes, and invoices, and supports online payments and integrations via an API.

Key Features

  • Client and contact management
  • Create, send, and manage quotes and invoices
  • Taxes and discounts handling
  • Online payment acceptance (gateway support)
  • RESTful API for integrations with other systems
  • Notifications via multiple channels (for example email and SMS)
  • Multi-currency support and team collaboration

Use Cases

  • Freelancers issuing quotes and invoices and tracking payments
  • Small businesses managing recurring billing and payment reminders
  • Integrating invoicing data with external tools through the REST API

Limitations and Considerations

  • Requires a modern PHP runtime (project targets PHP 8.4+)

SolidInvoice is a practical choice for organizations that want a clean, extensible billing workflow they can run on their own infrastructure. It fits teams that need quotes, invoicing, and payment collection in one place, with automation and API access for integration.

857stars
215forks
View Details
#4
LedgerSMB

LedgerSMB

Open source web-based double-entry accounting and ERP with invoicing, order processing, inventory, projects, and robust PostgreSQL-backed reporting.

LedgerSMB screenshot

LedgerSMB is a web-based double-entry accounting and ERP application for small and mid-size businesses. It combines core general ledger functionality with sales, purchasing, and operational workflows, using PostgreSQL as its backend.

Key Features

  • Double-entry general ledger with receivables and payables
  • Sales workflow: quotations, orders, and invoicing
  • Purchasing workflow including RFQs and vendor management
  • Inventory management and shipping support
  • Fixed asset accounting with depreciation
  • Projects and timecards/time tracking
  • Customizable document templates with outputs such as PDF, HTML, and CSV
  • Built-in emailing of documents (for example invoices and orders)
  • Multi-currency accounting and multi-language support

Use Cases

  • Small businesses needing an integrated accounting and invoicing system
  • Service companies tracking projects and timecards alongside bookkeeping
  • Organizations managing inventory, purchasing, and sales orders in one system

Limitations and Considerations

  • Requires PostgreSQL and a properly configured web server/TLS setup for production use
  • Older LedgerSMB versions are strongly discouraged due to known security and data stability issues

LedgerSMB is designed to be scalable and data-integrity focused, while keeping advanced features configurable so smaller deployments can remain simple. It is well-suited for organizations wanting a full-featured accounting core with ERP-style workflows and customizable outputs.

520stars
166forks
View Details

Why choose an open source alternative?

  • •Data ownership: Keep your data on your own servers
  • •No vendor lock-in: Freedom to switch or modify at any time
  • •Cost savings: Reduce or eliminate subscription fees
  • •Transparency: Audit the code and know exactly what's running