Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
N/A
MYOB
Score 7.4 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
Microsoft Dynamics GP
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
Microsoft Dynamics GP
MYOB
Free Trial
No
Yes
Free/Freemium Version
No
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
Microsoft Dynamics GP
MYOB
Features
Microsoft Dynamics GP
MYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.5
20 Ratings
15% below category average
MYOB
10.0
12 Ratings
28% above category average
Pay calculation
6.319 Ratings
10.012 Ratings
Benefit plan administration
6.015 Ratings
10.08 Ratings
Direct deposit files
7.518 Ratings
10.010 Ratings
Salary revision and increment management
6.517 Ratings
10.08 Ratings
Reimbursement management
6.016 Ratings
10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
4.3
27 Ratings
55% below category average
MYOB
10.0
7 Ratings
28% above category average
API for custom integration
2.526 Ratings
10.07 Ratings
Plug-ins
6.021 Ratings
10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
7.1
40 Ratings
14% below category average
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability
5.932 Ratings
10.011 Ratings
Role-based user permissions
8.240 Ratings
10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
5.4
41 Ratings
36% below category average
MYOB
10.0
12 Ratings
25% above category average
Dashboards
3.529 Ratings
10.011 Ratings
Standard reports
6.239 Ratings
10.012 Ratings
Custom reports
6.539 Ratings
10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
5.1
48 Ratings
39% below category average
MYOB
9.1
16 Ratings
18% above category average
Accounts payable
6.545 Ratings
10.016 Ratings
Accounts receivable
5.936 Ratings
10.016 Ratings
Cash management
6.536 Ratings
10.015 Ratings
Bank reconciliation
5.741 Ratings
10.016 Ratings
Expense management
4.531 Ratings
10.012 Ratings
Time tracking
8.014 Ratings
6.07 Ratings
Fixed asset management
4.628 Ratings
10.09 Ratings
Multi-currency support
3.019 Ratings
10.08 Ratings
Multi-division support
3.026 Ratings
10.07 Ratings
Regulations compliance
3.314 Ratings
10.09 Ratings
Electronic tax filing
9.012 Ratings
5.19 Ratings
Self-service portal
7.012 Ratings
6.37 Ratings
Global Financial Support
6.07 Ratings
10.06 Ratings
Primary and Secondary Ledgers
4.721 Ratings
10.08 Ratings
Intercompany Accounting
4.018 Ratings
10.06 Ratings
Localizations
4.513 Ratings
10.06 Ratings
Journals and Reconciliations
4.726 Ratings
10.012 Ratings
Enterprise Accounting
3.016 Ratings
2.84 Ratings
Configurable Accounting
4.217 Ratings
10.09 Ratings
Centralized Rules Framework
3.914 Ratings
10.04 Ratings
Standardized Processes
6.219 Ratings
10.08 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
4.6
26 Ratings
46% below category average
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking
6.424 Ratings
10.09 Ratings
Automatic reordering
1.013 Ratings
10.06 Ratings
Location management
4.018 Ratings
10.06 Ratings
Manufacturing module
4.815 Ratings
10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
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.
Great Plains started as back office/accounting, and that is still it's strong suit.
SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
Strong partner network, including the GP User Group (GPUG)
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
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.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
I come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
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.
Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!