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Recommended
Roxanne F.
Arts and Crafts, 1-10 employees
Used weekly for 2+ years
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MYOB is the ultimate - I love this program. After initial set up, you can pull up any credit or debit, create reports, budgets - it is endless what information you can gain in only minutes where manually, would take you hours if not more. It is quite easy to use and to get the most out of your purchase, I would recommend attending a training course on it.
Without training, you might find it a little intimidating and confusing but if you are only wanting it for accounts record keeping and not invoicing or payroll, you could learn as you go.
Yo D.
Hospitality, 1-10 employees
Used weekly for 1-2 years
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The software is reliable and does the job. It doesn't have fancy reporting or an amazing user interface but it's got everything you need. MYOB responded well to the changes needed for STP reporting, JobKeeper payments and Government Grants.
Good, reliable software for accounting and payroll. Integrates well with our timesheet and rostering App (Deputy). Product support is generally very good and has extended hours.
A few things are not very intuitive, eg I wanted to run a report showing how much we've spent with a certain supplier over the past year. The information wasn't where you'd expect it (in their card file). There are a couple of ways to get this info but I had to call support to find out. Also, we don't typcially generate invoices but when I needed to do one, I found it quite difficult to format it how I wanted it and to find out how to provide bank details instead of credit card info for payment.
Peter C.
Nonprofit Organization Management, 51-200 employees
Used daily for 2+ years
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Fixed Asset Module and depreciation ability is very useful along with Velixo report integration. Great ability to create and report upon cost centers. Strong reporting function, although difficult to create reports without the expertise of the support center.
Very difficult to fix errors. No ability to delete or amend which is inefficient. Initially difficult to navigate and contains arguably more steps that required to process/apply a simply payment.
Nick F.
Wholesale, 11-50 employees
Used daily for 6-12 months
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When the system is working properly, it is good. It took around 5 months to get it running properly in terms of the correct sequence of 'business events'. There were problems with the choice of inventory allocation process for the sales orders so we had problems with back-ordered stock arriving and triggering pick slips. For the past 3 months, we have had major problems with MYOB's hosting of the service...
It is cloud based and simple to access over web browers. Looks like it does most things well to run our business.
It was a complex job to get the system running smoothly, probably taking around 6 months. We migrated from MYOB EXO which was a good product but we felt it was outdated and increasinly poorly supported by MYOB. We understood from our local implementation partner that MYOB were applying a lot more resources to Advanced and it would be their go-to mid tier product going forward.
Steven K.
Human Resources, 1,001-5,000 employees
Used daily for 2+ years
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MYOB Advanced also enabled us to save on having our own server-based environment, we’re now in the Cloud. So a saving on server license fees/ backup issues etc. We have also centralised our FAR in MYOB. Velixo is definitely the best feature of using Advanced, as detailed above.
Integration with Velixo is a big plus. The write back and drill down features enable us to complete the accounting / reporting a lot quicker. -Updating budgets is much easier now. Velixo has provided a full suite of customized reports by refreshing data and changing date filters.-A key strength of the fixed asset module is that we can attach things like CAPEX approvals, quotations etc to the fixed asset record.
The fixed assets forces the user to enter a useful life even for RB assets. There's also not validating tool prior to import, so when you set this up in MYOB you need to keep re-importing. We had some initial difficulties with inter-entity transactions which was only overcome with customisations and some protocols being put in place.
Bhavik J.
Financial Services, 51-200 employees
Used daily for 1-2 years
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My overall experience with MYOB Advanced is its a great feature packed product which can be priced correctly.
The thing I like the most about MYOB Advanced is its ease of use and vast feature set. The Cloud base feature is very helpful.
The thing I like the least about MYOB Advanced is its pricing, which can be reduced. Also, for a new customer, it is very overwhelming with all the features and mostly require a training to get hold of.
Ravinesh P.
Accounting, 1-10 employees
Used daily for 2+ years
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Something key I enjoyed most about MYOB is the capacity to utilize it on a cell phone through their android application. This makes things significantly simpler for me as I can post the exchange in a hurry without essentially having my PC around. Contrasted with other bookkeeping apparatuses, estimating is very sensible for the worth you get. Apart from that, the financial reports are much easier to grab attention at any time, as the report is very clear in understanding and the structured way it was build in advance is just amazing!
It requires a slight comprehension of a vital arrangement of ideas to not get overpowered from the outset. Albeit, when you get a hang of it, it'll be perhaps the main pieces of the manner in which regular monotonous assignments are done rapidly in the association. Another least I would experience is the invoice part, The features are quite limited to organized the invoice structure.
Ali Sally H.
Real Estate, 51-200 employees
Used daily for 2+ years
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My experience in using MyOB Advanced is great. I'm dealing with customer services and Human Resources works. MyOB Advanced helps me and my company to be more responsible and gives more measurable and satisfied services to our workers and clients.
MyOB Advanced offers a lot of modular but integrated accounting functionities, easy to use and comes with real time cloud base activities. You can accomplish any accounting tasks that deal with your team and clients anywhere and anytime.
MyOB Advanced ease complications of any accounting system, that's why the UI design should developed to be more intuitive and user friendly.
Joanne W.
Entertainment, self-employed
Used weekly for 2+ years
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I'm very happy with MYOB's Advanced accounting software. I enjoy it's ease of functionality and how it spits out a month end and year end set of accounts like a breeze.
The simplicity of use is wonderful. It's easy to navigate around and find all the transactions and reports needed. It produces a monthly and yearly set of accounts with a breeze.
I wish it would tally the Aged Trial Balance between the "profit and loss" portion and the "balance sheet" portion. I always have to do that manually, as a double check.
Dijai C.
Broadcast Media, self-employed
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it is one of the most user-friendly and efficient software platforms I have ever come across.
I recently switched to MYOB from another accounting software, and I have to say, I'm really impressed. The interface is incredibly user-friendly, and it takes just a few minutes to get started.In addition, the features offered by MYOB are comprehensive and well-organized. I found it easy to navigate between different modules and to find the information I was looking for.Overall, I highly recommend MYOB to small and medium businesses who are looking for an excellent accounting software that is easy to use.
It does take a little bit of time to get used to.
wyclife b.
Nonprofit Organization Management, 501-1,000 employees
Used daily for 6-12 months
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MYOB is a great tool for accounting purposes my overall experience with this software is great now that I am used to it. Initially, I had problems with using some of the features but with constant learning and experience, I find this tool resourceful.
One key thing I liked most about MYOB is the ability to use it on a smartphone through their android app. This makes things a lot easier for me as I can post the transaction on the go without necessarily having my computer around. Compared to other accounting tools, the pricing is quite reasonable for the value you get.
Some bit of this software is slightly complicated a good example being an inventory system and this always calls for some training before work can use.
Ingrid K.
Retail, 1-10 employees
Used daily for 2+ years
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The product was set up incorrectly especially with regards to FX. This lead to months of nightmare trying to fix things. They set it up with no standard profit and loss. I find that almost impossible to believe that any accounting softward would be set up that way. Even though we were promised FX functionality it's very limited and some reports DON'T WORK at all.
The reporting functionality. The number of parameters available to extract data.
There is no Sales or Purchases area? TERRIBLE. A number of the reports are so poorly laid out they are worthless. You can't delete or amend a transaction - so inefficient.
Josine F.
Hospital & Health Care, 1-10 employees
Used weekly for 2+ years
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Works very well has been very reliable over the past 15 years.
The software is easy to use and the development is ongoing so the functionality is getting better every day. The ability to auto-link and reconcile has been a game-changer for us.
There is no phone app available for reconciliation
Erica n.
Marketing and Advertising, 11-50 employees
Used weekly for 2+ years
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The greatest thing I loved about this product was its cloud base feature. I was also able to streamline my business effectively.
Pricing can be reduced a bit. This would help small businesses to get on board
Michele H.
Accounting, 1-10 employees
Used daily for 2+ years
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love it as it helps to manage my client’s info efficiently.
Used this daily for accounting job. Easy to use and able to generate required information quickly.
I do understand that updates are required to exchange the functionality, but the updates are too frequent (maybe it’s just for me)- and require to install new version on each update.
Komala Raj M.
Sports, 11-50 employees
Used daily for 6-12 months
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As a manager of our organization, I use MYOB for our accounting purposes. Its simply easy to make soft copy documentation.
The function keys are assembled in a easy way in this MYOB Advance. It helps the users to make their activity easy and quick.
Auto save and recovery after a power cut is bit confusing which documents have been saved by which name, if we have opened so many unsaved new documents at the same time.
Mark S.
Accounting, 11-50 employees
Used weekly for 2+ years
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The system works. IT is reasonably stable and provided the functionality we need
the functionality of the software has remained reasonably the same for many many years - this makes life easy when going in to do some work
The cloud feature needs to be improved to become a full cloud software rather than a shared file in the cloud
Ankit S.
Information Technology and Services, 51-200 employees
Used weekly for 6-12 months
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Overall I'm happy with MYOB Advanced. It is a perfect solution for accounting business to solve the burden of writing and handling reports and other documents. It is quick and easy to use which helps in increasing productivity somehow.
The software contains most impactful features like:- - Cloud-Based - Real-time data reports - Easy to use - Easy to navigate and find any report or information needed - Generates credit. debit and reports quickly It contains the payroll features too. The mobile app makes it access it on the go.
The only con, I found in this product is the price. The price is little bit high for small businesses to get MYOB Advanced.
Verified reviewer
Hospital & Health Care, 10,001+ employees
Used weekly for less than 6 months
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MYOB Advanced is a very useful accounting tool. It's an efficient software that's been saving me quite a bit of time when I'm writing reports. It's also very easy to use, unlike many other accounting programs; I particularly like MYOB's clean interface, which makes bookkeeping a breeze, even for users like me, who are not advanced in accounting.
MYOB Advanced is a great accounting software. It's cloud-based, has a clean and easy-to-use UI, real-time data reports, and a handy mobile app for entering data on the go. It works well for beginners and advanced user alike.
I've been using MYOB Advanced for a few months now and haven't come across any major problems. However, I've also noticed the very frequent updates that other users have mentioned. The updating process doesn't take a lot of time, but it does cost me time because every time the software updates, I have to wait until it's done before I can use it. I wish the updates could run in the background or could be scheduled to once a week only.
Verified reviewer
Information Technology and Services, 11-50 employees
Used weekly for 2+ years
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Since we have been using MYOB for many years the interface is well known (hasn't been upgraded in 10+ years)
Old style interface, old style architecture, really needs a whole new design
Verified reviewer
Farming, 11-50 employees
Used weekly for 6-12 months
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It has a certain ease of use and accessibility without giving up functionality. There is a reason why it's one of the most popular tax/accounting software for small businesses in Australia.
Honestly, we are pretty happy using this MYOB for the time being, I think once we migrate over our payroll services, we will be able to comment further on the functionality, and see if there are any lacking points.
Chris H.
Hospitality, 501-1,000 employees
Used weekly for 1-2 years
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I would highly recommend this software to anyone with a small business.
I like the fact that the interface and platform are very easy to use.
Everything about the software has been great and I have no issues.
Verified reviewer
Hospital & Health Care, 10,001+ employees
Used weekly for less than 6 months
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I've been using MYOB Advanced for accounting purposes. Accounting isn't generally my strong suit but this software makes it a lot easier.
MYOB Advanced has a clean interface that's easy to use, even if you're not advanced at accounting. Monthly as well as yearly reports are easy to set up and understand. I also like using the mobile app when I'm on the go and want to make quick entries.
MYOB Advanced seems to require updates more frequently than any other software I use. The updating process is generally very fast, but I don't usually see any changes in the software afterwards. It makes using the program a bit of a hassle when I simply want to make a quick entry but have to wait for the update to finish first.
Verified reviewer
Design, 11-50 employees
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It's been great experience so far. I look forward to keep using it. And I keep introducing people and insisting them to give the time to really get it integrated in their workflows because it really simplifies a lot of this and makes the job better and better.
It has such a rich set of features which help financial analysis and management tasks easier and free of hassle. The inventory solutions help us to keep everything in order. It's easier to integrate into the existing workflow once you get the hang of it.
It requires a slight understanding of a key set of concepts to not get overwhelmed at first. Although, once you get a hang of it, it'll be one of the most important part of the way everyday tedious tasks are done quickly in the organization.
Verified reviewer
Food & Beverages, 10,001+ employees
Used monthly for 6-12 months
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MYOB is a very easy-to-use platform. It has a UI that, despite showing its age, is easy to navigate and find what you are looking for. I also like the apps that it integrates with since you are able to expand its functionality and usefulness.
MYOB is an example of an app that tries to do so many different functions that it really fails to excel at any single one. I used the platform mostly for its marketing-related features which were limited at best. Also, the integrations it offers seemed appealing on the surface, but we could not get either the HubSpot or Salesforce connectors to work consistently, which was disappointing.