MYOB vs. Square Invoices

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

Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.

Incentivized

• 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

• Adding a customer to invoice is super simple and takes minimal effort.
• Payment collection is easy and seamless because Square Invoices allows the recipient to pay using credit/cards.
• One of the fest features is allowing invoices to be recurring. If my contract stipulates a flat fee monthly, I can set the invoices to recur monthly for the duration of the contract.

Incentivized

• [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

• The reports section is not always the easiest to understand. It seems like I have to stop and think about options instead of it being 100% intuitive.
• With the fees we pay per transaction, it would be nice to be able to add additional "limited" users for no extra cost.

Incentivized

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

Incentivized

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

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.

The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.

Incentivized

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

Square Invoices is easier to use and automatically transfers your money to your bank account vs Paypal that holds your money and you have to manually transfer and it takes 3-5 days (many times more). Square Invoices looks better overall, and for the same fees as Paypal, provides a better service overall.

Incentivized

• 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

• I love that I can sort my invoices in total, or by a specific time period to see how my sales are doing and comparing to prior time periods.

Incentivized