What users are saying about
27 Ratings
27 Ratings
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Score 7.3 out of 101

Likelihood to Recommend

MYOB

For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
Stephen Lalla profile photo

Feature Rating Comparison

Payroll Management

MYOB
1.4
Pay calculation
MYOB
2.0
Benefit plan administration
MYOB
1.0
Direct deposit files
MYOB
1.0
Salary revision and increment management
MYOB
1.0
Reimbursement management
MYOB
2.0

Customization

MYOB
4.5
API for custom integration
MYOB
4.0
Plug-ins
MYOB
5.0

Security

MYOB
6.1
Single sign-on capability
MYOB
6.4
Role-based user permissions
MYOB
5.8

Reporting & Analytics

MYOB
5.6
Dashboards
MYOB
3.3
Standard reports
MYOB
7.1
Custom reports
MYOB
6.5

General Ledger and Configurable Accounting

MYOB
4.5
Accounts payable
MYOB
5.4
Accounts receivable
MYOB
6.4
Cash management
MYOB
5.4
Bank reconciliation
MYOB
7.0
Expense management
MYOB
7.4
Time tracking
MYOB
1.0
Fixed asset management
MYOB
5.5
Multi-currency support
MYOB
1.0
Multi-division support
MYOB
1.0
Regulations compliance
MYOB
5.0
Electronic tax filing
MYOB
5.0
Self-service portal
MYOB
4.0

Inventory Management

MYOB
1.5
Inventory tracking
MYOB
3.0
Automatic reordering
MYOB
1.0
Location management
MYOB
1.0
Manufacturing module
MYOB
1.0

Order Management

MYOB
4.9
Pricing
MYOB
6.1
Order entry
MYOB
6.5
Credit card processing
MYOB
1.0
Cost of goods sold
MYOB
6.0

Pros

MYOB

  • Invoices
  • Purchase Orders
No photo available

Cons

MYOB

  • Allows the client to manipulate dates when that can screw up their books
  • constantly freezes which causes the file to be corrupt
  • force balances the balance sheet
Kati Hesley profile photo

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
No photo available

Usability

MYOB

MYOB 10.0
Based on 1 answer
It is easy to use - I just don't agree with restrictions and functionality
Kati Hesley profile photo

Support

MYOB

MYOB 1.0
Based on 1 answer
They aren't willing to help at all unless you pay
Kati Hesley profile photo

Alternatives Considered

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.
Stephen Lalla profile photo

Return on Investment

MYOB

  • Has cost me a lot of sales over the years
  • Has cost us a small fortune paying extra fees to our accountants because of its very poor record keeping and features
No photo available

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?

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