What users are saying about
67 Ratings
14 Ratings
67 Ratings
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Score 6.2 out of 100
14 Ratings
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Score 9.3 out of 100

Feature Set Ratings

    Payroll Management

    6.6

    MYOB

    66%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 5/5 features

    Pay calculation

    7.1
    71%
    11 Ratings
    N/A
    0 Ratings

    Benefit plan administration

    6.5
    65%
    7 Ratings
    N/A
    0 Ratings

    Direct deposit files

    6.8
    68%
    9 Ratings
    N/A
    0 Ratings

    Salary revision and increment management

    6.5
    65%
    7 Ratings
    N/A
    0 Ratings

    Reimbursement management

    6.2
    62%
    7 Ratings
    N/A
    0 Ratings

    Customization

    5.5

    MYOB

    55%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 2/2 features

    API for custom integration

    5.4
    54%
    6 Ratings
    N/A
    0 Ratings

    Plug-ins

    5.5
    55%
    5 Ratings
    N/A
    0 Ratings

    Security

    6.8

    MYOB

    68%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 2/2 features

    Single sign-on capability

    6.6
    66%
    10 Ratings
    N/A
    0 Ratings

    Role-based user permissions

    7.1
    71%
    11 Ratings
    N/A
    0 Ratings

    Reporting & Analytics

    6.0

    MYOB

    60%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 3/3 features

    Dashboards

    6.2
    62%
    10 Ratings
    N/A
    0 Ratings

    Standard reports

    6.4
    64%
    11 Ratings
    N/A
    0 Ratings

    Custom reports

    5.5
    55%
    10 Ratings
    N/A
    0 Ratings

    General Ledger and Configurable Accounting

    5.3

    MYOB

    53%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 21/21 features

    Accounts payable

    6.4
    64%
    15 Ratings
    N/A
    0 Ratings

    Accounts receivable

    6.4
    64%
    15 Ratings
    N/A
    0 Ratings

    Cash management

    5.8
    58%
    14 Ratings
    N/A
    0 Ratings

    Bank reconciliation

    6.4
    64%
    15 Ratings
    N/A
    0 Ratings

    Expense management

    6.5
    65%
    11 Ratings
    N/A
    0 Ratings

    Time tracking

    5.6
    56%
    6 Ratings
    N/A
    0 Ratings

    Fixed asset management

    5.0
    50%
    8 Ratings
    N/A
    0 Ratings

    Multi-currency support

    3.3
    33%
    7 Ratings
    N/A
    0 Ratings

    Multi-division support

    3.8
    38%
    6 Ratings
    N/A
    0 Ratings

    Regulations compliance

    4.9
    49%
    8 Ratings
    N/A
    0 Ratings

    Electronic tax filing

    5.9
    59%
    9 Ratings
    N/A
    0 Ratings

    Self-service portal

    5.4
    54%
    7 Ratings
    N/A
    0 Ratings

    Global Financial Support

    5.9
    59%
    5 Ratings
    N/A
    0 Ratings

    Primary and Secondary Ledgers

    5.6
    56%
    7 Ratings
    N/A
    0 Ratings

    Intercompany Accounting

    3.9
    39%
    5 Ratings
    N/A
    0 Ratings

    Localizations

    5.9
    59%
    5 Ratings
    N/A
    0 Ratings

    Journals and Reconciliations

    5.8
    58%
    11 Ratings
    N/A
    0 Ratings

    Enterprise Accounting

    4.8
    48%
    4 Ratings
    N/A
    0 Ratings

    Configurable Accounting

    5.4
    54%
    8 Ratings
    N/A
    0 Ratings

    Centralized Rules Framework

    3.9
    39%
    3 Ratings
    N/A
    0 Ratings

    Standardized Processes

    5.6
    56%
    7 Ratings
    N/A
    0 Ratings

    Inventory Management

    5.1

    MYOB

    51%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 4/4 features

    Inventory tracking

    6.6
    66%
    8 Ratings
    N/A
    0 Ratings

    Automatic reordering

    4.8
    48%
    5 Ratings
    N/A
    0 Ratings

    Location management

    4.5
    45%
    5 Ratings
    N/A
    0 Ratings

    Manufacturing module

    4.3
    43%
    5 Ratings
    N/A
    0 Ratings

    Order Management

    5.5

    MYOB

    55%

    Square Invoices

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 7/7 features

    Pricing

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Order entry

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Credit card processing

    5.5
    55%
    5 Ratings
    N/A
    0 Ratings

    Cost of goods sold

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Order Orchestration

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    End-to-end order visibility

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    Order exception Resolution

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    Attribute Ratings

    • Square Invoices is rated higher in 2 areas: Likelihood to Recommend, Support Rating

    Likelihood to Recommend

    5.4

    MYOB

    54%
    17 Ratings
    9.1

    Square Invoices

    91%
    7 Ratings

    Likelihood to Renew

    9.5

    MYOB

    95%
    2 Ratings

    Square Invoices

    N/A
    0 Ratings

    Usability

    5.7

    MYOB

    57%
    13 Ratings

    Square Invoices

    N/A
    0 Ratings

    Support Rating

    5.4

    MYOB

    54%
    14 Ratings
    9.5

    Square Invoices

    95%
    3 Ratings

    Implementation Rating

    5.0

    MYOB

    50%
    2 Ratings

    Square Invoices

    N/A
    0 Ratings

    Ease of integration

    1.0

    MYOB

    10%
    1 Rating

    Square Invoices

    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.
    Read full review

    Square

    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.
    Read full review

    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.
    Read full review

    Square

    • 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.
    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
    Read full review

    Square

    • 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.
    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

      Square Invoices

      Starting Price

      Editions & Modules

      Square Invoices 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

        Square

        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

        Square

        No answers on this topic

        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

        Square

        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.
        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

        Square

        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.
        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

        Square

        • 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.
        Read full review

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