MYOB Business vs TrustBooks

QuickBooks Online

QuickBooks Enterprise

Xero

QuickBooks Online is an all-in-one online business software designed to help manage business finances. The platform is built to scale businesses, unlocking insights and providing the functionality of a larger team, all on one integrated platform.

QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access to customer, employee, and vendor information. The software includes tools for managing inventory, shipping, sales orders, pricing, tasks, invoicing, reporting, and more.

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any computer or mobile device with an internet connection. Simplify business admin and get a range of financial insights to help you make better decisions for your business.

Director

I have spoken to support who have failed to address the issue or even discuss it.

Tax accountant

Finance and IT Manager

Very user friendly, the support articles online are very easy to follow and step-by-step.

Online accounting software that gives a more accurate view of your cash flow and make your tax obligations easier by storing your bills and supplier invoices

Accounting

Accounting Integration

Accounts Payable

Accounts Receivable

Activity Dashboard

Activity Tracking

Ad hoc Reporting

Alerts/Notifications

Approval Process Control

Audit Trail

Automatic Billing

Bank Reconciliation

Billing & Invoicing

Billing Portal

Budgeting/Forecasting

Cash Flow Management

Cash Management

Chart of Accounts

Client Management

Collaboration Tools

Commission Management

Compliance Management

Consolidation/Roll-Up

Contact Database

Contact Management

CPA Firms

Customer Statements

Customizable Invoices

Customizable Reports

Dashboard

Data Import/Export

Data Storage Management

Data Synchronization

Document Management

Document Templates

Due Date Tracking

Electronic Payments

Email Management

Employee Management

Expense Claims

Expense Management

Expense Tracking

File Transfer

Financial Analysis

Financial Management

Financial Reporting

For Accountants

For AEC Industry

For CPA Firms

For Legal Professionals

For Medical Purposes

For Real Estate

For Small Businesses

Fraud Detection

Fund Management

General Ledger

Goal Setting/Tracking

Income & Balance Sheet

Inventory Control

Inventory Management

Inventory Tracking

Invoice Creation

Invoice History

Invoice Management

Invoice Processing

Job Costing

Job Tracking

Leave Tracking

Mobile Access

Mobile App

Mobile Payments

Multi-Currency

Multiple Projects

Offline Access

Online Invoicing

Online Payments

Partial Payments

Payment Collection

Payment Processing

Payroll Management

Payroll Reporting

Profit/Loss Statement

Progress Tracking

Project Costing

Project Management

Project Time Tracking

Project Tracking

Purchase Order Management

Purchasing & Receiving

Quotes/Estimates

Real-Time Data

Real-Time Reporting

Real-Time Updates

Receipt Management

Receivables Ledger

Recurring Payments

Recurring/Subscription Billing

Remote Access/Control

Reporting/Analytics

MYOB Business

Web-based

iPad

Android

Windows

iPhone

Reckon One

QuickBooks Desktop

Zoho Invoice

QuickBooks Online Accountant

Lite

AccountRight Plus

AccountRight Premier

MYOB Business Payroll Only

I have now been locked out of my account for over a month with their system incapable of remembering logins requiring external apps which then don't work, have also been unable to share access to reports due to MYOB changing statuses without my knowledge.

Accounts Officer

For example, calculating tax on bonus payments correctly rather than having to calculate the tax manually.

Bookkeeper

MYOB captures the details and all you need is a double check if it got the correct details which most of the time is correctly, unless your invoice/receipt is blurry.

has a lot more functions than other small business software and it has a desktop version.

The invoicing in-tray ables you to drag and drop your invoices on queue to process it smoothly.

accounts

My overall experience with MYOB has been easy, i have loved being able to navigate the system with ease, and if i have ever needed help customer service always tried there best.

I enjoy working with this product as it has streamlined some work for my clients and I along with complying with legislative requirements.

Not much options available on MYOB which are available on bigger software such as SAGE, SAP, Oracle etc…

Not enough reporting options, no way of saving all my invoices quickly.

It’s a bit manual with adding correct times in the timesheets.

Head of Administration

Amazing customer support, rich suite of features and makes it super easy for accountants and bookkeepers to do their bit!

Terrible, I also use Xero and have had zero issues over the same time period with the same data.

We use MYOB for our payroll and it is very simple and functional software

I just can't say anything positive about it other than if you just want to do some simply invoices then yes it will work.

Using this system to manage an IT business is not the most innovative system and it has integration challenges from our PSA.

Group Finance Manager

It's limited by that it doesn't allow multiple businesses for consolidated accounting, so it'll always lose to bigger systems.

MYOB have worked hard to make the product more user friendly for both the business and the accountant.

Proprietor

It used to be possible to speak with someone easily to get assistance - now it is a nightmare

Senior Manager

MYOB is the solution for managing the companies taxes and invoices in Australia.

QS Estimator

MYOB is more costly than a number of other accounting software packages on the market, although it is more powerful and has more functions.

Heaven help you if you need to speak with someone or get any technical help!!!  

Senior accountant

Fairly easy to use user-friendly very efficient aweosme te.plates for invoices

Cheap and somehow good enough for small businesses.

Every accountant I talk to advise not to use MYOB.

MYOB has been great for our non profit sporting club!

BAS Agent

On the website version I am completely frustrated. Why is it that I can not open in the app version when the file has been shared with me via the website version??

Many of my client switched to Xero or quick books because of terrible customer support in MYOB

Business Development office

MYOB Business was challenging to learn and become familiar with for those not used to large digital financial applications.

After years of accountedge this it utter rubbish.

Operations manager

Owner

The depth of the accounting softwarealot more features than most

Marketing Manager

This accounting solution has been working so well for use due to its effective features.

Owner / Manager

The upgrade feature needs to run in the background.

The annual subscription fee is a tad bit high

director

Everything is a click a way all bookkeepers and accountnats will have access in the back ground to pullt he data they need to complete tax things

Administration

The myob capture app is great for recording receipts and invoices on the go

not good too complicated  for a beginner  like myself

Accountant

Provides an additional option for small businesses and sole traders with limited budget resources to consider.

It worked well as a start package for the small business and didn't cost anything for the first year so was a great starting option.

clinic owner

Needed more features added to make good use of the accounting,invoices were limited

Managing Director

Even when I’ve requested it I’ve received an email!!

Often resulting in adjusting the original invoice rather than simply applying a fee during reconciliation.

MYOB Business vs TrustBooks Comparison (2026)

MYOB Business

TrustBooks

Overview

Video & Screenshots

Pricing

User reviews

Key features

Integrations

Alternatives