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Inventory management software for small business: Xero and MYOB users.

How inventory software fits with your accounting, two common Australian choices, and the workflows that keep stock, sales and accounts in step.

By Tan Somkiat (LinkedIn), Co-founder, Security & Automation · Co-authored with Claude, Anthropic's AI assistant

Updated 11 October 2026

The short answer

For a small business selling physical products through more than one channel, dedicated inventory management software usually beats the stock features built into accounting software. Cin7 and Unleashed are two common Australian choices that connect to Xero and Shopify. What makes either work is the automation between them.

Do you need separate inventory software?

Accounting software handles basic stock. MYOB includes order management, with unlimited inventory as an add-on, and QuickBooks Plus includes inventory tracking. Separate inventory management software makes sense when you:

  • sell through a website, marketplaces and in person, and stock must match across all of them
  • hold stock in more than one location
  • need purchase orders, reorder points or assembly
  • spend hours each week fixing stock counts

Two common choices

Cin7Unleashed
PositioningCin7 Core manages products, customers, suppliers, purchases and sales in one system; Cin7 Omni targets multi-channel sellersInventory management with real-time stock movements pushed to your accounts
AccountingConnects to XeroConnects to Xero and QuickBooks Online
Sales channelsOmni lists 700+ integrationsShopify, Amazon, WooCommerce and 30+ integrations
ReorderingCheck reorder features in a trialDemand forecasting and reorder alerts
Trial14-day free trial (Cin7 Core)Check the vendor

Using MYOB? Check each vendor's MYOB connection before you choose; we couldn't confirm it from their listings.

Cin7 vs Unleashed

Both connect to Xero and sync stock with online stores, so the choice comes down to how you sell and what you make.

  • Choose Cin7 if you're a retailer or wholesaler selling across many channels: Cin7 Omni lists more than 700 integrations, and Cin7 Core brings products, customers, suppliers, purchases and sales into one system.
  • Choose Unleashed if you make or assemble products and want demand forecasting and reorder alerts, with stock movements pushed to your accounts in real time.
  • Either way, run both trials with your own products, and check how each handles your sales channels and your MYOB or Xero file.

Retail, manufacturing and hospitality businesses each stretch inventory software differently: retailers on channels and stock counts, manufacturers on parts and assembly, and restaurants and cafés on ingredients and waste.

Inventory workflows to automate

Online order to stock and accountsEvery sale updates stock and your books.
  1. Shopify order placed
  2. Stock reduced in the inventory system
  3. Invoice and cost of goods posted to Xero or MYOB
  4. Fulfilment task created
Low-stock reorderReorders raised before you run out.
  1. Stock falls below the reorder point
  2. Purchase order drafted for the preferred supplier
  3. Approved by a person
  4. Emailed to the supplier
Goods receivedDeliveries checked and bills matched.
  1. Delivery arrives
  2. Received against the purchase order
  3. Stock levels updated
  4. Supplier bill matched for payment
Stocktake variancesCounts reconciled without spreadsheets.
  1. Count entered
  2. Compared with system stock
  3. Adjustments approved
  4. Posted to your accounting software
Stock and accounts not adding up?

We connect your inventory, sales channels and accounting software so every sale, delivery and count flows through on its own.

Speak to our automation experts →

Related automation services

We connect inventory software to your online store and MYOB or Xero, so sales, stock and accounts stay in step.

Frequently asked questions

What is the best inventory management software in Australia?

It depends on your channels and volumes. Cin7 suits multi-channel sellers and Unleashed suits product businesses that want forecasting; trial both with your own products.

Does Xero or MYOB have inventory management built in?

Both handle basic stock. MYOB offers unlimited inventory as an add-on, while Xero businesses with complex stock usually connect dedicated inventory software.

Comparing accounting platforms too? Read MYOB vs Xero vs QuickBooks.

Sources

How this guide was made: Tan Somkiat wrote this guide with Claude, Anthropic's AI assistant, which helped research and draft it. Facts and figures come from the sources linked above and were checked on the dates shown.

This guide is general information. R&T Automation doesn't sell inventory software and isn't paid by these vendors.