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MYOB Business

Online accounting & payroll for every business

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MYOB Business Pricing, Features, Reviews and Alternatives

MYOB Business product overview

Price starts from

$

10

/momonth

What is MYOB Business?

MYOB Business is an online accounting software that has a range of features designed to help businesses across Australia – whether they’re a start-up or a large business. Easily and quickly take care of GST, PAYG and BAS reports, invoices, reporting, expenses, and payroll (including Single Touch Payroll). Designed to save time, increase productivity, and stay up to date with compliance obligations.

Key benefits of using MYOB Business

• Expense tracking - automatically import your banking and credit card transactions securely and directly, always under your control.

• Give your customers more ways to pay with online invoices through AMEX, Visa, Mastercard or BPAY payments.

• Updated automatically every time there’s a tax change, like Single Touch Payroll - making you compliant without lifting a finger.

• Easily invite bookkeepers, accountants, or business partners into your account to collaborate from anywhere.

• Compare and improve business performance by creating clear, targeted budgets, and track profit and loss in real time.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

FAQs/Forum
Knowledge Base
Phone Support
Email/Help Desk
Chat

Training options

In Person
Documentation
Live Online
Webinars
Videos

MYOB Business pricing information

Value for money

3.3

/5

91

Price starts from

$

10

/momonth

Pricing options

Free plan
Subscription
Free trial
Pricing range

MYOB Business features

Functionality

3.6

/5

91
Total Features113 19 categories

Most valued features by users

Reporting & Statistics
Activity Dashboard
API
Third Party Integrations
Compliance Management
Reporting/Analytics
Data Import/Export
Billing & Invoicing

MYOB Business users reviews

Overall rating

3.8

/5

91

Positive reviews

67%

Write a review
Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7.22/10
Rating distribution

5

4

3

2

1

34

27

15

4

11

Pros
There is a great chance that your accountant is familiar with this and will be able to make great recommendations.

PM

Peter M.

We also love that MYOB caters for the very small business operators out there by have a very affordable and easy to use solution for them which is MYOB Essentials.

Martine H.

Creating customers while creating quotes or invoices is good to keep you moving easily. Good integration features, such as cards.

NB

Nigel B.

Cons
Cancelling you account is very difficult and they will try and screw you out of every last cent. I will never ever use this company or software again. SO ANGRY at the account closing process.

Marcus Maciej N.

They might have stolen but it has cost them a customer and I will tell everybody I meet to avoid that software and company like the plague.

Marcus Maciej N.

All that needed to be done is have the option of reports it had be converted to excel rather than PDF. The decision to go to accountright will be fatal.

GP

Gavin P.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Solid product for small business

Reviewed 3 years ago

Has been around for a long time. Tried and tested and is a great product. Starting to price a little higher but still competitive - especially if you have employees.

Pros

Easy to use and well laid out for the end user. Is great for small operations without complex needs.

Cons

Whilst bank rules are very handy - the auto reconciling of transactions can cause problems if rule set up incorrectly. Would be great if there was an option to make bulk transaction changes.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

MYOB - easy to use, does what you need

Reviewed 10 months ago

Offers features that I need to do to manage the Company Financials. Support has been great and responsive.

Pros

MYOB is intuitive for the user to use, easy to use, simple to setup, has all the features you need to manage the Company finances. Also when regulation changes it quickly incorporates those changes and explains easily how to use the feature.

Cons

MYOB can get quite slow around EOFY - needs more grunt put in place around these times for cloud hosting. There is no live chat within the application for support.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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MYOB Business review

Reviewed a month ago
Pros

Bank feeds, scan bills, look up and search functions. Also the general ledger allows headings and subheadings (Xero does not)

Cons

Could connect to more third-party software.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

Share this review:

The software is good for a small entity but once you grow and need more detail it becomes a handbrake on information.

Reviewed 5 years ago

For a small firm with limited reporting requirements it is okay but for any jobs with Work Breakdown Structure requirements it comes up short and becomes a limiter for the company. I get very frustrated with the after sales support system. It is not customer focused and leaves you wondering why you pay for it.

Pros

Good basic internal controls so novice bookkeepers can run day to day. Easy to install and set up. Reasonably cheap for what you get. Handles GST well.

Cons

Not the best for Job costings. Payroll system ordinary serious reporting drawbacks as far as information flow to the General Ledger. Tends to freeze in reporting production which can lock out users. Support service is very poor, you get the feeling the staff could care less in resolving issues. Interactive screen supports not used you have to send a file and wait for a response. Wait time on the phone for support is very bad.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Manual System Converted into Digital

Reviewed a year ago

MYOB has changed the way we work, simplifies book keeping to take away so much pain

Pros

- Easy to signup and simple setup to get things started - Pricing - Special offer for new start ups - Invoice reminders - Invoice templates look very professional - Invoice shows when customer / vendor have viewed (SUPER HELPFUL) - Intray for emailing receipts and tracking

Cons

- Not being able to invoice in multiple currencies, have to workarond this by invoicing in the charable foreign currency then after payment is recieved adjusting the template to the local amount that is received.

MYOB Business FAQs and common questions

MYOB Business has the following pricing plans:
Starting from: $10.00/month
Pricing model: Subscription
Free Trial: Available


MYOB Business has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


MYOB Business supports the following languages:
English


MYOB Business supports the following devices:
Android, iPhone, iPad


Yes, MYOB Business has an API available for use.


MYOB Business integrates with the following applications:
Debtor Daddy, OpenCart, Magento Commerce, WooCommerce, Ento, Zoho CRM, GeoOp, Spotlight Reporting, Jitterbit, Expiration Reminder, Adfile, Fieldmagic, Pepperi, Tradify, SalesIn, FreshBooks, Receipt Bank, Lightspeed POS, Starshipit, Timely, Salesforce Sales Cloud, Panalitix, Abtrac, InviteBox, ServiceM8, OneSaas, Assignar, AroFlo, simPRO, InvoiceSherpa, eZee Reservation, Function Tracker, ezyCollect, Mailchimp, Fathom, ProWorkflow, Volusion, AutoEntry, Employment Hero, Unleashed Software, Tall Emu CRM, Workshop Software, Cyfe, Shoeboxed, Inzant Sales, BigCommerce, MinuteDock, Fergus, Shopify


MYOB Business offers the following support options:
FAQs/Forum, Knowledge Base, Phone Support, Email/Help Desk, Chat

Related categories