What users are saying about
28 Ratings
28 Ratings
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Score 3.8 out of 100
101 Ratings
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Score 7.7 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

Sage 50cloud Accounting

Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
Sage 50cloud Accounting
6.3
Pay calculation
MYOB
2.0
Sage 50cloud Accounting
7.7
Benefit plan administration
MYOB
1.0
Sage 50cloud Accounting
8.0
Direct deposit files
MYOB
1.0
Sage 50cloud Accounting
5.7
Salary revision and increment management
MYOB
1.0
Sage 50cloud Accounting
5.3
Reimbursement management
MYOB
2.0
Sage 50cloud Accounting
4.6

Customization

MYOB
4.5
Sage 50cloud Accounting
7.3
API for custom integration
MYOB
4.0
Sage 50cloud Accounting
9.5
Plug-ins
MYOB
5.0
Sage 50cloud Accounting
5.0

Security

MYOB
6.1
Sage 50cloud Accounting
8.9
Single sign-on capability
MYOB
6.4
Sage 50cloud Accounting
9.0
Role-based user permissions
MYOB
5.8
Sage 50cloud Accounting
8.8

Reporting & Analytics

MYOB
5.6
Sage 50cloud Accounting
8.4
Dashboards
MYOB
3.3
Sage 50cloud Accounting
8.6
Standard reports
MYOB
7.1
Sage 50cloud Accounting
8.5
Custom reports
MYOB
6.5
Sage 50cloud Accounting
8.1

General Ledger and Configurable Accounting

MYOB
4.5
Sage 50cloud Accounting
6.9
Accounts payable
MYOB
5.4
Sage 50cloud Accounting
9.0
Accounts receivable
MYOB
6.4
Sage 50cloud Accounting
8.7
Cash management
MYOB
5.4
Sage 50cloud Accounting
9.0
Bank reconciliation
MYOB
7.0
Sage 50cloud Accounting
8.4
Expense management
MYOB
7.4
Sage 50cloud Accounting
8.4
Time tracking
MYOB
1.0
Sage 50cloud Accounting
6.3
Fixed asset management
MYOB
5.5
Sage 50cloud Accounting
8.3
Multi-currency support
MYOB
1.0
Sage 50cloud Accounting
4.2
Multi-division support
MYOB
1.0
Sage 50cloud Accounting
5.0
Regulations compliance
MYOB
5.0
Sage 50cloud Accounting
7.2
Electronic tax filing
MYOB
5.0
Sage 50cloud Accounting
5.0
Self-service portal
MYOB
4.0
Sage 50cloud Accounting
3.0
Global Financial Support
MYOB
Sage 50cloud Accounting
3.0
Primary and Secondary Ledgers
MYOB
Sage 50cloud Accounting
4.0
Intercompany Accounting
MYOB
Sage 50cloud Accounting
7.0
Localizations
MYOB
Sage 50cloud Accounting
7.5
Journals and Reconciliations
MYOB
Sage 50cloud Accounting
8.7
Enterprise Accounting
MYOB
Sage 50cloud Accounting
7.2
Configurable Accounting
MYOB
Sage 50cloud Accounting
8.5
Centralized Rules Framework
MYOB
Sage 50cloud Accounting
7.5
Standardized Processes
MYOB
Sage 50cloud Accounting
8.9

Inventory Management

MYOB
1.5
Sage 50cloud Accounting
6.6
Inventory tracking
MYOB
3.0
Sage 50cloud Accounting
7.5
Automatic reordering
MYOB
1.0
Sage 50cloud Accounting
7.0
Location management
MYOB
1.0
Sage 50cloud Accounting
7.0
Manufacturing module
MYOB
1.0
Sage 50cloud Accounting
5.0

Order Management

MYOB
4.9
Sage 50cloud Accounting
5.9
Pricing
MYOB
6.1
Sage 50cloud Accounting
6.7
Order entry
MYOB
6.5
Sage 50cloud Accounting
8.3
Credit card processing
MYOB
1.0
Sage 50cloud Accounting
8.0
Cost of goods sold
MYOB
6.0
Sage 50cloud Accounting
8.0
Order Orchestration
MYOB
Sage 50cloud Accounting
3.5
End-to-end order visibility
MYOB
Sage 50cloud Accounting
3.5
Order exception Resolution
MYOB
Sage 50cloud Accounting
3.5

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

Sage 50cloud Accounting

  • It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
  • I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
  • You can use recurring entries and copy and paste on the P&L, using masking for department reporting and budgeting
  • You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
Karen Rollins | 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

Sage 50cloud Accounting

  • Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
  • Fixed assets management module needs to be included with unlimited number of fixed assets.
Reno M. Borgognoni, CPA, CIA, CGMA | 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

Sage 50cloud Accounting

Sage 50cloud Accounting 9.6
Based on 12 answers
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
Christine Steele | 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

Sage 50cloud Accounting

Sage 50cloud Accounting 8.9
Based on 4 answers
I have used Sage 50 Premium Accounting for twenty years, and only used their technical support team three times
Emily Dykema | 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

Sage 50cloud Accounting

Sage 50cloud Accounting 9.4
Based on 3 answers
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
Karen Rollins | TrustRadius Reviewer

Implementation Rating

MYOB

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

Sage 50cloud Accounting

Sage 50cloud Accounting 9.0
Based on 4 answers
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
Art Stumpp | 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

Sage 50cloud Accounting

As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
Michelle M. Martin | TrustRadius Reviewer

Scalability

MYOB

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 9.1
Based on 1 answer
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
Reno M. Borgognoni, CPA, CIA, CGMA | 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

Sage 50cloud Accounting

  • Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
  • Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.
Nellie Jones (MBA) | TrustRadius Reviewer

Pricing Details

MYOB

General

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

MYOB Editions & Modules

Additional Pricing Details

Sage 50cloud Accounting

General

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

Sage 50cloud Accounting Editions & Modules

Edition
Sage 50 Pro Accounting$2991
Sage 50 Premium Accounting$4492
Sage 50 Quantum Accounting 3 UserStarting at $1,4993
  1. Per year
  2. Per Year
  3. Per year
Additional Pricing Details
Annual traditional plan with license, monthly, and annual subscription plans available.

Rating Summary

Likelihood to Recommend

MYOB
1.0
Sage 50cloud Accounting
7.8

Likelihood to Renew

MYOB
9.5
Sage 50cloud Accounting
9.6

Usability

MYOB
10.0
Sage 50cloud Accounting
8.9

Support Rating

MYOB
1.0
Sage 50cloud Accounting
9.4

Implementation Rating

MYOB
5.0
Sage 50cloud Accounting
9.0

Scalability

MYOB
Sage 50cloud Accounting
9.1

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