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Easy to Use With Some Good Time Saving Systems.
March 09, 2022

Easy to Use With Some Good Time Saving Systems.

Sandra Karamitelios | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with MYOB

Accounting processes - reporting for the business - managing our BAS/IAS reporting, managing to invoice and receipting, accounts payable, and bank recs.
  • Job codes for deeper reporting
  • Recurring transactions that are customizable
  • Auto record on recurring transactions
  • BAS/IAS reports
  • Payroll - it's a good system but not for me with casual staff, we have turnover with casuals and I find it admin intensive.
  • Sometimes it crashes for no reason
  • The online to offline can be clunky and confusing
  • No negative impacts
  • I have it set up and it's easy to use
  • Recommend getting someone to help you set up if you aren't an accounting person
The invoicing is much easier on Quickbooks - I currently use both.

Do you think MYOB delivers good value for the price?

No

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?

No

It's easy to use and you can fix-up errors without too many hassles.
They are easy to deal with and solve problems quickly.
Easy to use, the recurring transactions make it easy to keep an eye on missed bills and future plans. I really like the auto-record system where the recurring invoices are recorded, great for memberships, etc. It's easy to use and the reporting is great. I use job codes to further break down profit and loss on specific items. I just don't like the online-offline system so I use offline and backup.

MYOB Feature Ratings

9.0
Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
9
Expense management
9
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
9
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
9
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
9
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
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
9.0
Pay calculation
9
Benefit plan administration
9
Direct deposit files
9
Salary revision and increment management
9
Reimbursement management
9
8.7
Dashboards
8
Standard reports
9
Custom reports
9
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
9.0
Role-based user permissions
9
Single sign-on capability
9