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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MYOB

    Score8.3 out of 10
    N/AMYOB 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

    QuickBooks Desktop Premier

    Score8 out of 10
    N/AQuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.N/A
    Pricing
    MYOBQuickBooks Desktop Premier
    Editions & Modules
    Solo
    $11
    per month
    Lite
    $34
    per month
    Pro
    $63
    per month
    Premier
    $88.50
    per month
    Account Right Plus
    $150
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    MYOBQuickBooks Desktop Premier
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MYOBQuickBooks Desktop Premier
    Considered Both Products
    MYOB
    No answer on this topic
    Intuit
    Chose QuickBooks Desktop Premier
    We needed more robust inventory tracking and the ability to integrate with other software, so we switched from MYOB Premier to QuickBooks Premier Manufacturing Edition in 2007.
    Key User Insights
    Would buy again
    50%
    Would buy again
    7 Answers
    82%
    Would buy again
    14 Answers
    Delivers good value for the price
    50%
    Delivers good value for the price
    6 Answers
    88%
    Delivers good value for the price
    14 Answers
    Happy with the feature set
    71%
    Happy with the feature set
    10 Answers
    94%
    Happy with the feature set
    16 Answers
    Lived up to sales and marketing promises
    50%
    Lived up to sales and marketing promises
    7 Answers
    87%
    Lived up to sales and marketing promises
    13 Answers
    Implementation went as expected
    64%
    Implementation went as expected
    9 Answers
    93%
    Implementation went as expected
    14 Answers
    Features
    MYOBQuickBooks Desktop Premier
    Payroll Management
    Comparison of Payroll Management features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    12 Ratings
    28% above category average
    QuickBooks Desktop Premier
    8.5
    54 Ratings
    12% above category average
    Pay calculation10.012 Ratings9.252 Ratings
    Benefit plan administration10.08 Ratings8.425 Ratings
    Direct deposit files10.010 Ratings8.242 Ratings
    Salary revision and increment management10.08 Ratings8.333 Ratings
    Reimbursement management10.08 Ratings8.336 Ratings
    Customization
    Comparison of Customization features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    7 Ratings
    28% above category average
    QuickBooks Desktop Premier
    7.5
    24 Ratings
    1% below category average
    API for custom integration10.07 Ratings8.017 Ratings
    Plug-ins10.06 Ratings7.024 Ratings
    Security
    Comparison of Security features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    12 Ratings
    20% above category average
    QuickBooks Desktop Premier
    8.3
    58 Ratings
    1% above category average
    Single sign-on capability10.011 Ratings8.450 Ratings
    Role-based user permissions10.012 Ratings8.249 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    12 Ratings
    24% above category average
    QuickBooks Desktop Premier
    8.3
    69 Ratings
    6% above category average
    Dashboards10.011 Ratings8.758 Ratings
    Standard reports10.012 Ratings8.468 Ratings
    Custom reports10.011 Ratings7.766 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    9.1
    16 Ratings
    18% above category average
    QuickBooks Desktop Premier
    7.8
    72 Ratings
    2% above category average
    Accounts payable10.016 Ratings8.370 Ratings
    Accounts receivable10.016 Ratings8.571 Ratings
    Cash management10.015 Ratings8.765 Ratings
    Bank reconciliation10.016 Ratings8.769 Ratings
    Expense management10.012 Ratings8.768 Ratings
    Time tracking6.07 Ratings7.535 Ratings
    Fixed asset management10.09 Ratings6.249 Ratings
    Multi-currency support10.08 Ratings7.623 Ratings
    Multi-division support10.07 Ratings8.239 Ratings
    Regulations compliance10.09 Ratings8.224 Ratings
    Electronic tax filing5.19 Ratings7.836 Ratings
    Self-service portal6.37 Ratings5.923 Ratings
    Global Financial Support10.06 Ratings6.09 Ratings
    Primary and Secondary Ledgers10.08 Ratings7.014 Ratings
    Intercompany Accounting10.06 Ratings7.917 Ratings
    Localizations10.06 Ratings7.66 Ratings
    Journals and Reconciliations10.012 Ratings8.725 Ratings
    Enterprise Accounting2.84 Ratings8.313 Ratings
    Configurable Accounting10.09 Ratings7.915 Ratings
    Centralized Rules Framework10.04 Ratings7.210 Ratings
    Standardized Processes10.08 Ratings8.315 Ratings
    Inventory Management
    Comparison of Inventory Management features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    9 Ratings
    31% above category average
    QuickBooks Desktop Premier
    8.0
    43 Ratings
    9% above category average
    Inventory tracking10.09 Ratings8.342 Ratings
    Automatic reordering10.06 Ratings7.321 Ratings
    Location management10.06 Ratings8.825 Ratings
    Manufacturing module10.06 Ratings7.722 Ratings
    Order Management
    Comparison of Order Management features of MYOB and QuickBooks Desktop Premier
    Feature
    MYOB
    10.0
    7 Ratings
    30% above category average
    QuickBooks Desktop Premier
    8.2
    47 Ratings
    10% above category average
    Pricing10.07 Ratings8.037 Ratings
    Order entry10.07 Ratings7.838 Ratings
    Credit card processing10.06 Ratings9.134 Ratings
    Cost of goods sold10.07 Ratings8.943 Ratings
    Order Orchestration10.05 Ratings7.58 Ratings
    End-to-end order visibility10.05 Ratings8.59 Ratings
    Order exception Resolution10.05 Ratings7.56 Ratings
    Best Alternatives
    MYOBQuickBooks Desktop Premier
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Accounting Seed
    Score9 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MYOBQuickBooks Desktop Premier
    Likelihood to Recommend
    9.0
    (19 ratings)
    8.2
    (75 ratings)
    Likelihood to Renew
    9.5
    (2 ratings)
    7.5
    (14 ratings)
    Usability
    10.0
    (15 ratings)
    8.9
    (26 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (6 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (5 ratings)
    Support Rating
    1.2
    (14 ratings)
    4.0
    (13 ratings)
    Online Training
    -
    (0 ratings)
    1.0
    (1 ratings)
    Implementation Rating
    5.0
    (1 ratings)
    7.2
    (7 ratings)
    Configurability
    -
    (0 ratings)
    9.0
    (2 ratings)
    CPA Rating
    -
    (0 ratings)
    8.1
    (27 ratings)
    Ease of integration
    1.0
    (1 ratings)
    7.0
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    9.0
    (5 ratings)
    Vendor post-sale
    -
    (0 ratings)
    6.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    6.0
    (2 ratings)
    User Testimonials
    MYOBQuickBooks Desktop Premier
    Likelihood to Recommend
    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.
    Incentivized
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    Intuit
    We really think that ANY typical business would be a reasonable fit for QuickBooks Desktop Premier. While not necessary, even a comparatively unexperienced accounting person could look at the "Home" screen and follow their nose thru typical daily accounting processes without much detailed knowledge. Reporting is simple, looking up customer info and prior transactions is simple, looking up vendors and prior payments is simple... all in all, quite straightforward. I really can't think of an instance where it would be 'less appropriate'.
    Incentivized
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    Pros
    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.
    Incentivized
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    Intuit
    • Employment - it makes creating paychecks a snap and tracks taxes.
    • Invoicing - they have a straightforward approach to creating invoices and you can even email them to your customers.
    • Customers - the program makes tracking customer information and balances easy.
    Incentivized
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    Cons
    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
    Incentivized
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    Intuit
    • Support for older versions of QuickBooks ends after three years, then users must purchase the newest version at full price. Renewals should be deeply discounted for existing users.
    • I would like to see better in-product inventory tracking, so we can choose LIFO or FIFO rather than the ambiguous "average cost" method.
    • I would like to be able to assign payroll taxes to jobs for better job costing.
    Incentivized
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    Likelihood to Renew
    MYOB
    Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
    Incentivized
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    Intuit
    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.
    Incentivized
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    Usability
    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.
    Incentivized
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    Intuit
    We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
    Incentivized
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    Reliability and Availability
    MYOB
    No answers on this topic
    Intuit
    This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
    Incentivized
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    Performance
    MYOB
    No answers on this topic
    Intuit
    It takes forever to load.
    Incentivized
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    Support Rating
    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.
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    Intuit
    This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
    Incentivized
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    Implementation Rating
    MYOB
    No answers on this topic
    Intuit
    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.
    Incentivized
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    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.
    Incentivized
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    Intuit
    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.
    Incentivized
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    Scalability
    MYOB
    No answers on this topic
    Intuit
    They're getting better. Still room for improvement.
    Incentivized
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    Return on Investment
    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.
    Incentivized
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    Intuit
    • Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
    • Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
    • We receive referrals from satisfied QuickBooks clients.
    Incentivized
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    ScreenShots