MYOB
Accounting
Sage
Accounting
MYOB vs Sage in Singapore — which is right for your business?
Both are accounting tools used by Singapore businesses. Here is a side-by-side comparison covering SGD pricing, PSG eligibility, PDPA compliance, and local context to help you decide.
Singapore-specific comparison
| Criterion | MYOB | Sage |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$4800/mo | S$22.04/mo |
| Free tier | No | No |
| PSG grant eligible | Yes — up to 50% | Yes — up to 50% |
| PDPA compliant | No | No |
| SG / APAC data centre | Not confirmed | Not confirmed |
| GST / InvoiceNow ready | Yes | No |
| PayNow / local bank feeds | No | No |
| CPF payroll support | Yes | No |
| SkillsFuture eligible | No | Yes |
Stackd verdict
MYOB
MYOB is a recognised accounting solution for Singaporean SMEs, providing a viable option for businesses looking to leverage government grants like PSG to digitalise their accounting processes, with implied support for local regulatory requirements.
Sage
Sage is strongly positioned in Singapore for SMEs looking to leverage government grants like PSG and SFEC to automate processes and improve productivity, aligning with national digital transformation initiatives.
Pros & cons — Singapore view
MYOB
Pros
+PSG eligible for up to 50% subsidy on qualifying costs
+Listed as a pre-approved accounting solution for SMEs
+Supports financial management and potentially GST/CPF filing for Singapore businesses
Sage
Pros
+PSG-eligible for Sage 300 ERP (up to 50% subsidy)
+Supports digital transformation for SMEs
+Enhances business processes and productivity
+Eligible for SkillsFuture Enterprise Credits (SFEC)
Cons
–Requires partner engagement for PSG application
–Implementation complexity for larger ERP systems
–Specific solutions like Sage 300 are mentioned, not all products
Who should choose which
Choose MYOB if...
›SMEs (PSG eligible)
›Startups
›Businesses needing financial management
Choose Sage if...
›SMEs (PSG eligible)
›Medium businesses
›Companies seeking digital transformation grants
›Not applicable for personal use
Singapore FAQ
Is MYOB available in Singapore?
Yes, MYOB is listed as an accounting solution for Singaporean SMEs and is eligible for the Productivity Solutions Grant (PSG).
Does MYOB support SGD pricing?
The typical PSG grant amount for MYOB is listed in SGD (S$2,400-S$6,000), implying its cost is structured in SGD for Singaporean users.
Is MYOB PSG-eligible?
Yes, MYOB is explicitly listed as a PSG-eligible accounting solution under the 'Accounting' category.
Is MYOB PDPA compliant?
The provided search results do not specify if MYOB itself is PDPA compliant.
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Compare →Want to explore each tool further?
Read our full Singapore reviews before deciding.