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
ERPNext
MYOB
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
ERPNext
MYOB
Free Trial
Yes
Yes
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
ERPNext
MYOB
Features
ERPNext
MYOB
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 permissions
9.01 Ratings
10.012 Ratings
Single sign-on capability
00 Ratings
10.011 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
Dashboards
9.01 Ratings
10.011 Ratings
Custom reports
3.01 Ratings
10.011 Ratings
Standard reports
00 Ratings
10.012 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 Scheduling
9.01 Ratings
00 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 Management
6.01 Ratings
00 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 calculation
00 Ratings
10.012 Ratings
Benefit plan administration
00 Ratings
10.08 Ratings
Direct deposit files
00 Ratings
10.010 Ratings
Salary revision and increment management
00 Ratings
10.08 Ratings
Reimbursement management
00 Ratings
10.08 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 integration
00 Ratings
10.07 Ratings
Plug-ins
00 Ratings
10.06 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 payable
00 Ratings
10.016 Ratings
Accounts receivable
00 Ratings
10.016 Ratings
Cash management
00 Ratings
10.015 Ratings
Bank reconciliation
00 Ratings
10.016 Ratings
Expense management
00 Ratings
10.012 Ratings
Time tracking
00 Ratings
6.07 Ratings
Fixed asset management
00 Ratings
10.09 Ratings
Multi-currency support
00 Ratings
10.08 Ratings
Multi-division support
00 Ratings
10.07 Ratings
Regulations compliance
00 Ratings
10.09 Ratings
Electronic tax filing
00 Ratings
5.19 Ratings
Self-service portal
00 Ratings
6.37 Ratings
Global Financial Support
00 Ratings
10.06 Ratings
Primary and Secondary Ledgers
00 Ratings
10.08 Ratings
Intercompany Accounting
00 Ratings
10.06 Ratings
Localizations
00 Ratings
10.06 Ratings
Journals and Reconciliations
00 Ratings
10.012 Ratings
Enterprise Accounting
00 Ratings
2.84 Ratings
Configurable Accounting
00 Ratings
10.09 Ratings
Centralized Rules Framework
00 Ratings
10.04 Ratings
Standardized Processes
00 Ratings
10.08 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 tracking
00 Ratings
10.09 Ratings
Automatic reordering
00 Ratings
10.06 Ratings
Location management
00 Ratings
10.06 Ratings
Manufacturing module
00 Ratings
10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
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.
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.
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.
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.