What users are saying about
28 Ratings
28 Ratings
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Score 3.8 out of 100
14 Ratings
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Score 7.8 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 Online Advanced

QuickBooks is great for companies who aren't fully trained on accounting or who are having problems with running their company's finances. A user needs very little training to know exactly how the software works, and the software tutorials are easy to find and very helpful. If there is a technical issue with the software it can take quite a bit of time for it to be resolved since the customer support for QuickBooks is usually slow and sometimes unresponsive.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

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

Customization

MYOB
4.5
QuickBooks Online Advanced
7.1
API for custom integration
MYOB
4.0
QuickBooks Online Advanced
7.0
Plug-ins
MYOB
5.0
QuickBooks Online Advanced
7.3

Security

MYOB
6.1
QuickBooks Online Advanced
8.4
Single sign-on capability
MYOB
6.4
QuickBooks Online Advanced
8.8
Role-based user permissions
MYOB
5.8
QuickBooks Online Advanced
8.0

Reporting & Analytics

MYOB
5.6
QuickBooks Online Advanced
8.1
Dashboards
MYOB
3.3
QuickBooks Online Advanced
7.7
Standard reports
MYOB
7.1
QuickBooks Online Advanced
8.4
Custom reports
MYOB
6.5
QuickBooks Online Advanced
8.3

General Ledger and Configurable Accounting

MYOB
4.5
QuickBooks Online Advanced
7.6
Accounts payable
MYOB
5.4
QuickBooks Online Advanced
8.3
Accounts receivable
MYOB
6.4
QuickBooks Online Advanced
8.5
Cash management
MYOB
5.4
QuickBooks Online Advanced
7.7
Bank reconciliation
MYOB
7.0
QuickBooks Online Advanced
8.0
Expense management
MYOB
7.4
QuickBooks Online Advanced
8.4
Time tracking
MYOB
1.0
QuickBooks Online Advanced
6.2
Fixed asset management
MYOB
5.5
QuickBooks Online Advanced
Multi-currency support
MYOB
1.0
QuickBooks Online Advanced
7.6
Multi-division support
MYOB
1.0
QuickBooks Online Advanced
7.7
Regulations compliance
MYOB
5.0
QuickBooks Online Advanced
6.4
Electronic tax filing
MYOB
5.0
QuickBooks Online Advanced
7.7
Self-service portal
MYOB
4.0
QuickBooks Online Advanced
8.2
Primary and Secondary Ledgers
MYOB
QuickBooks Online Advanced
7.3
Intercompany Accounting
MYOB
QuickBooks Online Advanced
8.2
Journals and Reconciliations
MYOB
QuickBooks Online Advanced
8.3
Enterprise Accounting
MYOB
QuickBooks Online Advanced
7.3
Configurable Accounting
MYOB
QuickBooks Online Advanced
8.0
Centralized Rules Framework
MYOB
QuickBooks Online Advanced
6.4
Standardized Processes
MYOB
QuickBooks Online Advanced
7.6

Inventory Management

MYOB
1.5
QuickBooks Online Advanced
6.9
Inventory tracking
MYOB
3.0
QuickBooks Online Advanced
6.9
Automatic reordering
MYOB
1.0
QuickBooks Online Advanced
Location management
MYOB
1.0
QuickBooks Online Advanced
Manufacturing module
MYOB
1.0
QuickBooks Online Advanced

Order Management

MYOB
4.9
QuickBooks Online Advanced
6.9
Pricing
MYOB
6.1
QuickBooks Online Advanced
6.7
Order entry
MYOB
6.5
QuickBooks Online Advanced
6.1
Credit card processing
MYOB
1.0
QuickBooks Online Advanced
7.9
Cost of goods sold
MYOB
6.0
QuickBooks Online Advanced

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

QuickBooks Online Advanced

  • User access control: for reasons previously specified.
  • Automation: we're able to automate a few key workflows that help remind the staff to get things done on schedule.
  • On-demand training via the Priority Circle has proven invaluable. Staff can learn things on their own without straining IT (me) or reaching out for immediate assistance for issues.
Vin Campbell | 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 Online Advanced

  • The UI is a bit clunky.
  • Sometimes it is hard to find specific transactions.
  • There are not a lot of bulk actions you can do.
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 Online Advanced

No score
No answers yet
No answers on this topic

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 Online Advanced

No score
No answers yet
No answers on this topic

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 Online Advanced

No score
No answers yet
No answers on this topic

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 Online Advanced

Quickbooks Online and Zoho Books are the two solutions evaluated and we have both in place with different customers. For this specific customer, Cafe Nomad LLC, there was no choice as the parent company is using Quickbooks Online and their accounting staff had the experience and knowledge of it. For a very small business, Zoho Books is a less expensive solution. Quickbooks Online, however, is a more robust platform that will be more appreciated by accounting staff.
Philippe Couillez | 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 Online Advanced

  • It has made my book keeping so much easier, faster and clearer.
  • I like being able to invoice clients and they can pay online.
Dan Gordon | TrustRadius Reviewer

Pricing Details

MYOB

General

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

QuickBooks Online Advanced

General

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

Rating Summary

Likelihood to Recommend

MYOB
1.0
QuickBooks Online Advanced
8.1

Likelihood to Renew

MYOB
9.5
QuickBooks Online Advanced

Usability

MYOB
10.0
QuickBooks Online Advanced

Support Rating

MYOB
1.0
QuickBooks Online Advanced

Implementation Rating

MYOB
5.0
QuickBooks Online Advanced

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