What users are saying about
28 Ratings
28 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 3.8 out of 100
276 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8 out of 100

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
QuickBooks Desktop Premier
9.0
Pay calculation
MYOB
2.0
QuickBooks Desktop Premier
8.6
Benefit plan administration
MYOB
1.0
QuickBooks Desktop Premier
9.9
Direct deposit files
MYOB
1.0
QuickBooks Desktop Premier
8.0
Salary revision and increment management
MYOB
1.0
QuickBooks Desktop Premier
9.7
Reimbursement management
MYOB
2.0
QuickBooks Desktop Premier
8.6

Customization

MYOB
4.5
QuickBooks Desktop Premier
3.0
API for custom integration
MYOB
4.0
QuickBooks Desktop Premier
3.0
Plug-ins
MYOB
5.0
QuickBooks Desktop Premier
3.0

Security

MYOB
6.1
QuickBooks Desktop Premier
6.9
Single sign-on capability
MYOB
6.4
QuickBooks Desktop Premier
5.8
Role-based user permissions
MYOB
5.8
QuickBooks Desktop Premier
8.0

Reporting & Analytics

MYOB
5.6
QuickBooks Desktop Premier
8.1
Dashboards
MYOB
3.3
QuickBooks Desktop Premier
8.2
Standard reports
MYOB
7.1
QuickBooks Desktop Premier
8.3
Custom reports
MYOB
6.5
QuickBooks Desktop Premier
7.8

General Ledger and Configurable Accounting

MYOB
4.5
QuickBooks Desktop Premier
7.9
Accounts payable
MYOB
5.4
QuickBooks Desktop Premier
8.7
Accounts receivable
MYOB
6.4
QuickBooks Desktop Premier
8.9
Cash management
MYOB
5.4
QuickBooks Desktop Premier
8.0
Bank reconciliation
MYOB
7.0
QuickBooks Desktop Premier
8.5
Expense management
MYOB
7.4
QuickBooks Desktop Premier
8.7
Time tracking
MYOB
1.0
QuickBooks Desktop Premier
6.7
Fixed asset management
MYOB
5.5
QuickBooks Desktop Premier
8.2
Multi-currency support
MYOB
1.0
QuickBooks Desktop Premier
9.0
Multi-division support
MYOB
1.0
QuickBooks Desktop Premier
7.8
Regulations compliance
MYOB
5.0
QuickBooks Desktop Premier
7.4
Electronic tax filing
MYOB
5.0
QuickBooks Desktop Premier
7.8
Self-service portal
MYOB
4.0
QuickBooks Desktop Premier
8.6
Global Financial Support
MYOB
QuickBooks Desktop Premier
8.9
Primary and Secondary Ledgers
MYOB
QuickBooks Desktop Premier
1.7
Intercompany Accounting
MYOB
QuickBooks Desktop Premier
9.0
Localizations
MYOB
QuickBooks Desktop Premier
5.0
Journals and Reconciliations
MYOB
QuickBooks Desktop Premier
8.3
Enterprise Accounting
MYOB
QuickBooks Desktop Premier
9.9
Configurable Accounting
MYOB
QuickBooks Desktop Premier
6.8
Centralized Rules Framework
MYOB
QuickBooks Desktop Premier
9.9
Standardized Processes
MYOB
QuickBooks Desktop Premier
8.6

Inventory Management

MYOB
1.5
QuickBooks Desktop Premier
7.2
Inventory tracking
MYOB
3.0
QuickBooks Desktop Premier
5.6
Automatic reordering
MYOB
1.0
QuickBooks Desktop Premier
8.0
Location management
MYOB
1.0
QuickBooks Desktop Premier
8.1
Manufacturing module
MYOB
1.0
QuickBooks Desktop Premier
7.0

Order Management

MYOB
4.9
QuickBooks Desktop Premier
7.3
Pricing
MYOB
6.1
QuickBooks Desktop Premier
6.8
Order entry
MYOB
6.5
QuickBooks Desktop Premier
8.5
Credit card processing
MYOB
1.0
QuickBooks Desktop Premier
9.2
Cost of goods sold
MYOB
6.0
QuickBooks Desktop Premier
8.5
Order Orchestration
MYOB
QuickBooks Desktop Premier
7.0
End-to-end order visibility
MYOB
QuickBooks Desktop Premier
6.1
Order exception Resolution
MYOB
QuickBooks Desktop Premier
5.0

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

QuickBooks Desktop Premier

  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
Anonymous | TrustRadius Reviewer

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
Anonymous | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 1.4
Based on 12 answers
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
Tracie Jones | TrustRadius Reviewer

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.9
Based on 9 answers
Quickbooks is really easy to understand. You don't have to undergo a comprehensive training to be able to navigate through the accounting system modules.
Cristine Delos Santos | TrustRadius Reviewer

Reliability and Availability

MYOB

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 8.9
Based on 5 answers
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Silvia Evans | TrustRadius Reviewer

Performance

MYOB

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 5.7
Based on 4 answers
It takes forever to load.
Anonymous | TrustRadius Reviewer

Support Rating

MYOB

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

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.4
Based on 7 answers
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
Silvia Evans | TrustRadius Reviewer

Implementation Rating

MYOB

MYOB 5.0
Based on 1 answer
No answer on this topic is available.

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.2
Based on 7 answers
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
Cristine Delos Santos | TrustRadius Reviewer

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
Andrea Campbell, CPA,CITP | TrustRadius Reviewer

Scalability

MYOB

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 6.2
Based on 4 answers
They're getting better. Still room for improvement.
Anonymous | TrustRadius Reviewer

Return on Investment

MYOB

  • MYOB dropped software updates for Apple IOS
  • Lack of software updates / support had a MAJOR NEGATIVE IMPACT
Anonymous | TrustRadius Reviewer

QuickBooks Desktop Premier

  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
John Coleman | TrustRadius Reviewer

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

QuickBooks Desktop Premier

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

MYOB
1.0
QuickBooks Desktop Premier
8.3

Likelihood to Renew

MYOB
9.5
QuickBooks Desktop Premier
1.4

Usability

MYOB
10.0
QuickBooks Desktop Premier
7.9

Reliability and Availability

MYOB
QuickBooks Desktop Premier
8.9

Performance

MYOB
QuickBooks Desktop Premier
5.7

Support Rating

MYOB
1.0
QuickBooks Desktop Premier
7.4

Online Training

MYOB
QuickBooks Desktop Premier
1.0

Implementation Rating

MYOB
5.0
QuickBooks Desktop Premier
7.2

Scalability

MYOB
QuickBooks Desktop Premier
6.2

Add comparison