Microsoft Dynamics GP vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics GP
Score 6.4 out of 10
N/A
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 7.3 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 GPMYOB
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 GPMYOB
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics GPMYOB
Features
Microsoft Dynamics GPMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.8
18 Ratings
11% below category average
MYOB
10.0
12 Ratings
28% above category average
Pay calculation7.017 Ratings10.012 Ratings
Benefit plan administration7.013 Ratings10.08 Ratings
Direct deposit files7.016 Ratings10.010 Ratings
Salary revision and increment management7.015 Ratings10.08 Ratings
Reimbursement management6.014 Ratings10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
25 Ratings
10% below category average
MYOB
10.0
7 Ratings
26% above category average
API for custom integration7.024 Ratings10.07 Ratings
Plug-ins7.019 Ratings10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
8.5
37 Ratings
3% above category average
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability8.030 Ratings10.011 Ratings
Role-based user permissions9.037 Ratings10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.0
38 Ratings
27% below category average
MYOB
10.0
12 Ratings
24% above category average
Dashboards4.026 Ratings10.011 Ratings
Standard reports7.036 Ratings10.012 Ratings
Custom reports7.036 Ratings10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.4
45 Ratings
17% below category average
MYOB
9.1
16 Ratings
18% above category average
Accounts payable8.042 Ratings10.016 Ratings
Accounts receivable8.033 Ratings10.016 Ratings
Cash management8.033 Ratings10.015 Ratings
Bank reconciliation7.038 Ratings10.016 Ratings
Expense management5.028 Ratings10.012 Ratings
Time tracking7.013 Ratings6.07 Ratings
Fixed asset management6.026 Ratings10.09 Ratings
Multi-currency support4.018 Ratings10.08 Ratings
Multi-division support7.025 Ratings10.07 Ratings
Regulations compliance4.012 Ratings10.09 Ratings
Electronic tax filing7.011 Ratings5.19 Ratings
Self-service portal7.012 Ratings6.37 Ratings
Global Financial Support6.07 Ratings10.06 Ratings
Primary and Secondary Ledgers7.018 Ratings10.08 Ratings
Intercompany Accounting5.017 Ratings10.06 Ratings
Localizations8.011 Ratings10.06 Ratings
Journals and Reconciliations6.023 Ratings10.012 Ratings
Enterprise Accounting4.015 Ratings2.84 Ratings
Configurable Accounting8.015 Ratings10.09 Ratings
Centralized Rules Framework6.013 Ratings10.04 Ratings
Standardized Processes7.016 Ratings10.08 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
7.8
25 Ratings
3% above category average
MYOB
10.0
9 Ratings
28% above category average
Inventory tracking9.023 Ratings10.09 Ratings
Automatic reordering6.012 Ratings10.06 Ratings
Location management8.017 Ratings10.06 Ratings
Manufacturing module9.014 Ratings10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
5.4
23 Ratings
34% below category average
MYOB
10.0
7 Ratings
27% above category average
Pricing3.017 Ratings10.07 Ratings
Order entry3.020 Ratings10.07 Ratings
Credit card processing7.011 Ratings10.06 Ratings
Cost of goods sold7.023 Ratings10.07 Ratings
Order Orchestration7.08 Ratings10.05 Ratings
End-to-end order visibility7.010 Ratings10.05 Ratings
Order exception Resolution4.06 Ratings10.05 Ratings
Best Alternatives
Microsoft Dynamics GPMYOB
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.2 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.2 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Microsoft Dynamics GPMYOB
Likelihood to Recommend
6.0
(51 ratings)
8.9
(19 ratings)
Likelihood to Renew
9.9
(7 ratings)
9.5
(2 ratings)
Usability
6.0
(7 ratings)
9.8
(15 ratings)
Availability
10.0
(2 ratings)
-
(0 ratings)
Performance
7.0
(1 ratings)
-
(0 ratings)
Support Rating
7.0
(5 ratings)
1.2
(14 ratings)
Implementation Rating
8.2
(3 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
Microsoft Dynamics GPMYOB
Likelihood to Recommend
Microsoft
A large company where users have one function- for instance, where someone only receives or works in payables. That minimizes the number of windows they need. A smaller company where one user does multiple functions will require a lot more training and user knowledge to navigate, and it makes it harder to secure users. You also have to understand that GP started life as Great Plains, designed for accountants. The other modules were added on after Microsoft bought Great Plains, which means that modules like Manufacturing are red-headed step children with much smaller support ecosystems. So, if you're starting fresh, you may want to look at something built for the mobile world. D365 and Business Central are a lot more money, buggy, and hard to customize and essentially still vaporware. Microsoft is heavily investing there, leading to the previously mentioned question about the future of GP. If I was starting today I would be hard pressed to justify jumping into GP in a world where Salesforce ties in with so many programs. GP has MRP but it is limited so it's hard to justify a manufacturer starting with GP today.
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.
Read full review
Pros
Microsoft
  • User friendly interface
  • Able to be extended into multiple areas of your business
  • One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
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
Microsoft
  • 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.
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
Read full review
Likelihood to Renew
Microsoft
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.
Read full review
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
Microsoft
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.
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.
Read full review
Support Rating
Microsoft
The rating is directed to the thrid party serive provider that we use. I do not now how good the Microsoft direct support is.
Read full review
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.
Read full review
Implementation Rating
Microsoft
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.
Read full review
MYOB
No answers on this topic
Alternatives Considered
Microsoft
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.
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.
Read full review
Scalability
Microsoft
The functionality that GP and related ISV solutions offer and the ease of integration of GP to other systems makes it an extremely scalable solution
Read full review
MYOB
No answers on this topic
Return on Investment
Microsoft
  • 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!
Read full review
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