Which Accounting Software Is Used in Australia? 8 Top GST-Compliant Options for 2025
Choosing the right accounting software is a critical decision for Australian businesses. From GST and BAS reporting to ATO-approved Single Touch Payroll (STP) and multi-currency support, your choice will affect compliance, efficiency, and financial clarity. In this guide, we explore eight of the most widely used accounting software options in Australia for 2025 — including Gimbla, a modern, cloud-based platform built with Australian businesses in mind.
Gimbla stands out as a GST-compliant, ATO-approved accounting software designed to meet the needs of Australian business owners, offering powerful automation and an intuitive user experience.
Quick Comparison: Best Accounting Software in Australia
| Software | Best For | GST/BAS Compliance | Payroll | Bank Feeds | Pricing (AUD) |
|---|---|---|---|---|---|
| Xero | Small-to-medium businesses | ✅ | ✅ | ✅ | From $35/mo |
| MYOB | Payroll & inventory-heavy businesses | ✅ | ✅ | ✅ | From $34/mo |
| QuickBooks | Scalable small business accounting | ✅ | ✅ | ✅ | From $29/mo |
| Reckon One | Budget-friendly accounting | ✅ | ✅ | ✅ | From $30/mo |
| Sage | Larger, complex organisations | ✅ | ✅ | ✅ | From $33/mo |
| FreshBooks | Freelancers & service-based businesses | ✅ | ❌ | ✅ | From $36/mo |
| Zoho Books | All-in-one business suite | ✅ | ❌ | ✅ | From $20/mo |
| Gimbla | Modern, cloud-based Australian accounting | ✅ | ✅ | ✅ | From $19/mo |
Competitor prices last updated 01/08/2025
1. Xero – ATO-Approved & User-Friendly
Xero is one of the most popular accounting platforms in Australia, known for its intuitive interface, GST/BAS reporting, bank feeds, and extensive integrations.
2. MYOB – Longstanding Australian Favourite
MYOB offers robust payroll, inventory tracking, and reporting tools, making it a trusted choice for decades.
3. QuickBooks Online – Flexible & Scalable
QuickBooks is a great fit for growing businesses thanks to its automation, GST tracking, and large integration marketplace.
4. Reckon One – Budget-Friendly Local Option
Australian-owned Reckon One offers modular pricing, ATO-compliant BAS lodgement, and payroll features for cost-conscious small businesses.
5. Sage – Enterprise-Grade Accounting
Sage caters to larger businesses and multi-entity organisations, with advanced reporting and compliance tools.
6. FreshBooks – Designed for Service Providers
FreshBooks is ideal for freelancers and service-based businesses, offering time tracking, project billing, and simple expense management.
7. Zoho Books – Affordable All-in-One
Zoho Books integrates seamlessly with Zoho’s suite of business tools, offering GST compliance, automation, and project management.
8. Gimbla – Built for Australian Businesses
Gimbla is developed specifically for Australian SMEs, with features including:
- GST/BAS reporting
- ATO-approved Single Touch Payroll
- Bank feeds & reconciliation
- Multi-currency support
- Advanced automation and integrations
As a cloud-based platform, Gimbla lets you access your accounts anytime, anywhere, with a focus on simplicity and compliance.
Conclusion
Whether you’re a sole trader, a growing startup, or a large enterprise, using GST-compliant, ATO-approved accounting software will save time, reduce errors, and keep your business compliant. While established tools like Xero and MYOB remain strong choices, Gimbla offers a modern alternative built around the needs of Australian businesses.
Gimbla Contributor | August 12th, 2025