ERPNext vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ERPNext
Score 8.6 out of 10
N/A
ERPNext is a web-based, open-source application that helps small, medium, and enterprise business manage their Accounting, Inventory, Sales, Purchase, Manufacturing, Projects, Customer Support, and Website. ERPNext is also available as a hosted solution with affordable annual plans.
$0
MYOB
Score 7.9 out of 10
N/A
MYOB now has a suite of subscription-based products and a browser-based accounting product that was released in August 2010. On 24 October 2012, MYOB released AccountRight Live - the cloud-enabled version of its flagship product. MYOB competes with Xero and QuickBooks.
$11
per month
Pricing
ERPNextMYOB
Editions & Modules
No answers on this topic
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
Offerings
Pricing Offerings
ERPNextMYOB
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
ERPNextMYOB
Features
ERPNextMYOB
Security
Comparison of Security features of Product A and Product B
ERPNext
9.0
1 Ratings
7% above category average
MYOB
10.0
12 Ratings
20% above category average
Role-based user permissions9.01 Ratings10.012 Ratings
Single sign-on capability00 Ratings10.011 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
ERPNext
6.0
1 Ratings
21% below category average
MYOB
10.0
12 Ratings
24% above category average
Dashboards9.01 Ratings10.011 Ratings
Custom reports3.01 Ratings10.011 Ratings
Standard reports00 Ratings10.012 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
ERPNext
9.0
1 Ratings
25% above category average
MYOB
-
Ratings
Project Planning and Scheduling9.01 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
ERPNext
6.0
1 Ratings
20% below category average
MYOB
-
Ratings
Proposal Management6.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
ERPNext
-
Ratings
MYOB
10.0
12 Ratings
28% above category average
Pay calculation00 Ratings10.012 Ratings
Benefit plan administration00 Ratings10.08 Ratings
Direct deposit files00 Ratings10.010 Ratings
Salary revision and increment management00 Ratings10.08 Ratings
Reimbursement management00 Ratings10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
ERPNext
-
Ratings
MYOB
10.0
7 Ratings
28% above category average
API for custom integration00 Ratings10.07 Ratings
Plug-ins00 Ratings10.06 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
ERPNext
-
Ratings
MYOB
9.1
16 Ratings
18% above category average
Accounts payable00 Ratings10.016 Ratings
Accounts receivable00 Ratings10.016 Ratings
Cash management00 Ratings10.015 Ratings
Bank reconciliation00 Ratings10.016 Ratings
Expense management00 Ratings10.012 Ratings
Time tracking00 Ratings6.07 Ratings
Fixed asset management00 Ratings10.09 Ratings
Multi-currency support00 Ratings10.08 Ratings
Multi-division support00 Ratings10.07 Ratings
Regulations compliance00 Ratings10.09 Ratings
Electronic tax filing00 Ratings5.19 Ratings
Self-service portal00 Ratings6.37 Ratings
Global Financial Support00 Ratings10.06 Ratings
Primary and Secondary Ledgers00 Ratings10.08 Ratings
Intercompany Accounting00 Ratings10.06 Ratings
Localizations00 Ratings10.06 Ratings
Journals and Reconciliations00 Ratings10.012 Ratings
Enterprise Accounting00 Ratings2.84 Ratings
Configurable Accounting00 Ratings10.09 Ratings
Centralized Rules Framework00 Ratings10.04 Ratings
Standardized Processes00 Ratings10.08 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
ERPNext
-
Ratings
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking00 Ratings10.09 Ratings
Automatic reordering00 Ratings10.06 Ratings
Location management00 Ratings10.06 Ratings
Manufacturing module00 Ratings10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
ERPNext
-
Ratings
MYOB
10.0
7 Ratings
29% above category average
Pricing00 Ratings10.07 Ratings
Order entry00 Ratings10.07 Ratings
Credit card processing00 Ratings10.06 Ratings
Cost of goods sold00 Ratings10.07 Ratings
Order Orchestration00 Ratings10.05 Ratings
End-to-end order visibility00 Ratings10.05 Ratings
Order exception Resolution00 Ratings10.05 Ratings
User Ratings
ERPNextMYOB
Likelihood to Recommend
10.0
(1 ratings)
9.0
(19 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(2 ratings)
Usability
8.0
(1 ratings)
10.0
(15 ratings)
Support Rating
-
(0 ratings)
1.2
(14 ratings)
Implementation Rating
-
(0 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
ERPNextMYOB
Likelihood to Recommend
Frappe
It is so flexible and configurable that it can be fairly easily adapted to most situations.
Read full review
MYOB
MYOB is suitable for any business. I have two different businesses and both use MYOB effectively. I use MYOB to pay wages every fortnight for both businesses. This enables me to track exactly what is happening with everyone's different sick leave and holiday entitlements easily. I'm also able to keep track of expenditure and balance and reconcile the accounts against bank statements.
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Pros
Frappe
  • Locally hosted, so it is very fast
  • Help documents are pretty good
  • Lots of flexibility in configuration
Read full review
MYOB
  • MYOB is very easy to navigate and find the correct information.
  • The Help section was very straight forward and very easy to learn.
  • MYOB was a great accounting tool for our business as it provided the accountant, sales, etc all of the information they need all in one place.
Read full review
Cons
Frappe
  • Random errors (seem to be related to python) can be very difficult to troubleshoot.
  • Creating reports and print/email documents is very cumbersome and confusing. Needs to have a WYSIWYG editor.
Read full review
MYOB
  • [In my opinion,] horrible interface to import data
  • [In my opinion,] user interface stuck in 1995
  • Needs improvement to usability
  • Contestant price increases
  • [In my opinion,] new in-app advertising is annoying
  • Countless different windows to do simple tasks like onboard an employee
  • [In my experience,] too slow
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Likelihood to Renew
Frappe
No answers on this topic
MYOB
Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
Read full review
Usability
Frappe
Overall good, but needs some training to get people to be proficient in the system.
Read full review
MYOB
Still 10 for me, I have no problem at all using this toll even it hangs sometimes, I need to log in again to refresh it and it always ask to update the MYOB app. i Also like the security of this platform, iT always asks for the code (before logging in.
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Support Rating
Frappe
No answers on this topic
MYOB
MYOB accounting software basically works but looks and functions like 1998. Unfortunately their Antipiracy licensing system is absolutely TERRIBLE and verging on nearly criminal, scam! You must CONFIRM each and every data file and when it doesnt work you have to PAY THEM to fix their own file protection issues. If you dont pay them, they hold your data hostage as your company accounting information file becomes READ ONLY. Permantly, unless you pay them. This is a total extortion SCAM. I cannot believe a company can operate this way. With a lot of better product available... i dont imagine MYOB is going to survive much longer.
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Alternatives Considered
Frappe
Wanted something flexible and with the ability to self-host. Open source is also nice.
Read full review
MYOB
Not even close. Though I will say MYOB had a budget module where Zoho Books doesn't which is one thing severely lacking in Zoho Books. On the other hand, Zoho Books allows for payment processing integration without trying to get a cut from the process whereas MYOB allowed for payment processing but you had to go through their service only and it wasn't cheap.
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Return on Investment
Frappe
  • Neutral, needed to find a new system as the current system is being retired.
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MYOB
  • Made a life a lot easier by removing a lot of separate entries in multiple excel sheets
  • With all of the relevant information in one place, it is easier to process payments.
  • Most of the business only have one person doing the payroll compared to the team effort.
Read full review
ScreenShots