MYOB makes my life easier
November 09, 2021

MYOB makes my life easier

Julia Billyard J.P. | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with MYOB

I use MYOB to monitor our daily cash flow, running expenses and monthly reporting makes life easy to run our BAS, Generate Invoices, and process staff payroll. I run two businesses and use Essentials for a small business I run and Account Right for our main business. Banks feeds are the best time-saving invention ever!!
  • Bank Feeds
  • Payroll
  • Invoicing
  • Better customization of reports
  • It means I don't need to pay an accountant each quarter to do my BAS
I did a trial run on Xero I had trouble finding how to set up things, the customer support was terrible. The support you get from MYOB when you need it is really good.

Do you think MYOB delivers good value for the price?

Not sure

Are you happy with MYOB's feature set?

Yes

Did MYOB live up to sales and marketing promises?

Yes

Did implementation of MYOB go as expected?

Yes

Would you buy MYOB again?

Yes

I think you need to understand a little bit about how accounting works to make sure you allocate things correctly or it could be a costly expense with the accountant at the end of the year.
The MYOB support team is excellent, they always solve any problems I have, are quick to respond, and also have great online tutorial area for out-of-office hours support.
MYOB has different packages available, I use 2 different ones for different companies, so depending on your needs MYOB has a program to suit what you need. I personally love bank feeds and payroll functionality.

MYOB Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
7
Bank reconciliation
9
Expense management
7
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
7
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
9
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
Not Rated
Standard reports
7
Custom reports
5
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
Not Rated