Wave
Accounting
MYOB
Accounting
Wave vs MYOB 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 | Wave | MYOB |
|---|---|---|
| SGD pricing (incl. 9% GST) | Check website | S$4800/mo |
| Free tier | No | No |
| PSG grant eligible | Checking | Yes — up to 50% |
| PDPA compliant | No | No |
| SG / APAC data centre | Not confirmed | Not confirmed |
| GST / InvoiceNow ready | No | Yes |
| PayNow / local bank feeds | No | No |
| CPF payroll support | No | Yes |
| SkillsFuture eligible | No | No |
Stackd verdict
Wave
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.
Pros & cons — Singapore view
Wave
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
Who should choose which
Choose Wave if...
Choose MYOB if...
›SMEs (PSG eligible)
›Startups
›Businesses needing financial management
Singapore FAQ
Is Wave available in Singapore?
Based on the provided search results, there is no information about Wave accounting software.
Does Wave support SGD pricing?
Based on the provided search results, there is no information about Wave accounting software.
Is Wave PSG-eligible?
Based on the provided search results, there is no information about Wave accounting software.
Is Wave PDPA compliant?
Based on the provided search results, there is no information about Wave accounting software.
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Compare →Want to explore each tool further?
Read our full Singapore reviews before deciding.