What users are saying about
67 Ratings
67 Ratings
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Score 6.2 out of 100
47 Ratings
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Score 6.8 out of 100

Feature Set Ratings

  • QuickBooks Self-Employed ranks higher in 7 feature sets: Payroll Management, Customization, Security, Reporting & Analytics, General Ledger and Configurable Accounting, Inventory Management, Order Management

Payroll Management

6.6

MYOB

66%
7.8

QuickBooks Self-Employed

78%
QuickBooks Self-Employed ranks higher in 4/5 features

Pay calculation

7.1
71%
11 Ratings
10.0
100%
2 Ratings

Benefit plan administration

6.5
65%
7 Ratings
5.0
50%
2 Ratings

Direct deposit files

6.9
69%
9 Ratings
8.0
80%
3 Ratings

Salary revision and increment management

6.5
65%
7 Ratings
8.0
80%
2 Ratings

Reimbursement management

6.2
62%
7 Ratings
8.0
80%
3 Ratings

Customization

5.5

MYOB

55%
7.7

QuickBooks Self-Employed

77%
QuickBooks Self-Employed ranks higher in 2/2 features

API for custom integration

5.4
54%
6 Ratings
8.4
84%
3 Ratings

Plug-ins

5.5
55%
5 Ratings
7.0
70%
3 Ratings

Security

6.8

MYOB

68%
8.4

QuickBooks Self-Employed

84%
QuickBooks Self-Employed ranks higher in 2/2 features

Single sign-on capability

6.6
66%
10 Ratings
8.9
89%
7 Ratings

Role-based user permissions

7.1
71%
11 Ratings
7.9
79%
4 Ratings

Reporting & Analytics

6.0

MYOB

60%
7.3

QuickBooks Self-Employed

73%
QuickBooks Self-Employed ranks higher in 2/3 features

Dashboards

6.2
62%
10 Ratings
8.4
84%
11 Ratings

Standard reports

6.4
64%
11 Ratings
8.4
84%
13 Ratings

Custom reports

5.5
55%
10 Ratings
5.1
51%
7 Ratings

General Ledger and Configurable Accounting

5.3

MYOB

53%
8.9

QuickBooks Self-Employed

89%
QuickBooks Self-Employed ranks higher in 21/21 features

Accounts payable

6.4
64%
15 Ratings
9.0
90%
8 Ratings

Accounts receivable

6.4
64%
15 Ratings
8.5
85%
9 Ratings

Cash management

5.8
58%
14 Ratings
9.0
90%
8 Ratings

Bank reconciliation

6.4
64%
15 Ratings
8.5
85%
9 Ratings

Expense management

6.5
65%
11 Ratings
8.0
80%
13 Ratings

Time tracking

5.6
56%
6 Ratings
7.9
79%
6 Ratings

Fixed asset management

5.0
50%
8 Ratings
6.0
60%
3 Ratings

Multi-currency support

3.3
33%
7 Ratings
10.0
100%
1 Rating

Multi-division support

3.8
38%
6 Ratings
10.0
100%
1 Rating

Regulations compliance

4.9
49%
8 Ratings
9.0
90%
2 Ratings

Electronic tax filing

5.9
59%
9 Ratings
10.0
100%
12 Ratings

Self-service portal

5.4
54%
7 Ratings
7.0
70%
7 Ratings

Global Financial Support

5.9
59%
5 Ratings
10.0
100%
1 Rating

Primary and Secondary Ledgers

5.6
56%
7 Ratings
10.0
100%
1 Rating

Intercompany Accounting

3.9
39%
5 Ratings
9.0
90%
2 Ratings

Localizations

5.9
59%
5 Ratings
10.0
100%
2 Ratings

Journals and Reconciliations

5.8
58%
11 Ratings
8.9
89%
5 Ratings

Enterprise Accounting

4.8
48%
4 Ratings
10.0
100%
1 Rating

Configurable Accounting

5.4
54%
8 Ratings
8.9
89%
3 Ratings

Centralized Rules Framework

3.9
39%
3 Ratings
8.0
80%
2 Ratings

Standardized Processes

5.6
56%
7 Ratings
8.9
89%
4 Ratings

Inventory Management

5.1

MYOB

51%
7.3

QuickBooks Self-Employed

73%
QuickBooks Self-Employed ranks higher in 4/4 features

Inventory tracking

6.6
66%
8 Ratings
7.0
70%
2 Ratings

Automatic reordering

4.8
48%
5 Ratings
5.0
50%
2 Ratings

Location management

4.5
45%
5 Ratings
7.0
70%
2 Ratings

Manufacturing module

4.3
43%
5 Ratings
10.0
100%
1 Rating

Order Management

5.5

MYOB

55%
8.1

QuickBooks Self-Employed

81%
QuickBooks Self-Employed ranks higher in 7/7 features

Pricing

5.5
55%
6 Ratings
7.0
70%
3 Ratings

Order entry

5.5
55%
6 Ratings
8.0
80%
3 Ratings

Credit card processing

5.5
55%
5 Ratings
8.0
80%
4 Ratings

Cost of goods sold

5.5
55%
6 Ratings
7.0
70%
2 Ratings

Order Orchestration

5.5
55%
4 Ratings
10.0
100%
1 Rating

End-to-end order visibility

5.5
55%
4 Ratings
7.0
70%
2 Ratings

Order exception Resolution

5.5
55%
4 Ratings
10.0
100%
1 Rating

Attribute Ratings

  • QuickBooks Self-Employed is rated higher in 4 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Support Rating

Likelihood to Recommend

5.4

MYOB

54%
17 Ratings
8.9

QuickBooks Self-Employed

89%
14 Ratings

Likelihood to Renew

9.5

MYOB

95%
2 Ratings
10.0

QuickBooks Self-Employed

100%
1 Rating

Usability

5.7

MYOB

57%
13 Ratings
9.5

QuickBooks Self-Employed

95%
2 Ratings

Support Rating

5.4

MYOB

54%
14 Ratings
10.0

QuickBooks Self-Employed

100%
2 Ratings

Implementation Rating

5.0

MYOB

50%
2 Ratings

QuickBooks Self-Employed

N/A
0 Ratings

Ease of integration

1.0

MYOB

10%
1 Rating

QuickBooks Self-Employed

N/A
0 Ratings

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.
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Intuit

QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
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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.
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Intuit

  • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
  • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
  • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
Read full review

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
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Intuit

  • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
  • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
Read full review

Pricing Details

MYOB

Starting Price

Editions & Modules

MYOB editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    QuickBooks Self-Employed

    Starting Price

    Editions & Modules

    QuickBooks Self-Employed editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      MYOB

      Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
      Read full review

      Intuit

      No answers on this topic

      Usability

      MYOB

      All of the MYOB products are easy to use. Most of our clients use MYOB ACE payroll and Essentials but some of the customers who are proper accounts use a range of products like Account Right MYOB AE/AO, Practice manager, TAX manager, etc. I have never heard of any complaints and the support contacts are always approachable.
      Read full review

      Intuit

      I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
      Read full review

      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.
      Read full review

      Intuit

      I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
      Read full review

      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.
      Read full review

      Intuit

      FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
      Read full review

      Return on Investment

      MYOB

      • It was great when we first started using it but there was a time when MYOB stopped supporting payroll tax tables for Apple computers and so we made the switch.
      • While we were using it staying on top of all of the pesky accounting details was a breeze.
      • We were very detail oriented to begin with and had a thorough understanding of basic accounting principles but anyone without even basic knowledge can quickly set up MYOB and get running fairly quickly and provide detailed reports to their CPA or CFO consultant for a deeper analysis of their business.
      Read full review

      Intuit

      • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
      • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
      • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
      Read full review

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