MYOB Business

3.8 (143)
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Online accounting & payroll for every business

Overall rating

3.8 /5
(143)
Value for Money
3.5/5
Features
3.7/5
Ease of Use
3.8/5
Customer Support
3.3/5

70%
recommended this app
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143 Reviews

Ivan
Ivan
Overall rating
  • Industry: Retail
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

A Solid Piece Of Software

Reviewed on 4/09/2018

Pros

I have used MYOB for years, it's perfect for getting the job done, and easy to use.

Cons

Sometimes the ability to change or delete transactions is a little bit dangerous.

Elena
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Good software, has been better few years ago

Reviewed on 6/05/2023

I loved that software in 2006, it was great, so easy to use. Now it is not hat great, customer...

I loved that software in 2006, it was great, so easy to use. Now it is not hat great, customer support needs a lot of improvement. Yet I think other competitors have their problems and overall MYOB is the best soft for a small business.

Pros

I love the soft is so user-friendly. I have been using MYOB since 2006. As an accountant I use XERo, quickbooks, handisoft. I think that from the end user point of view MYOB still easiest business software. From an accountant point of view it is also very user friendly. It helps me fix the mistakes my clients made with an ease. Bank reconciliation used to be great, now, after some modifications it is much worse. Yet , overall I think that MYOB is still the sest business solution for a small business in Australia

Cons

Customer support is not existent. Many of my client switched to Xero or quick books because of terrible customer support in MYOB

Alternatives Considered

QuickBooks Time and Xero

Reasons for Switching to MYOB Business

Easier to use, easier to fix mistakes. At the time XERo did not have general ledger details report which was an essencial
Lachlan
Overall rating
  • Industry: Information Technology & Services
  • Company size: 2–10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 3.0 /10

IT business management

Reviewed on 21/08/2023

MYOB allows simple business management but does not offer advanced simple integrations.

MYOB allows simple business management but does not offer advanced simple integrations.

Pros

MYOB allows for client management and invoicing from one system.

Cons

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

Daniele
Overall rating
  • Industry: Building Materials
  • Company size: Self Employed
  • Used Monthly for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Best accounting software on market

Reviewed on 19/11/2023

At first it was hard to get my head around, but once I used the support it was easy to ise

At first it was hard to get my head around, but once I used the support it was easy to ise

Pros

The depth of the accounting softwarealot more features than most

Cons

The annual subscription fee is a tad bit high

Response from MYOB

Hey Daniele! Thank you for taking the time to share your thoughts, we really appreciate it. Cheers, Amanda.

Brian
Overall rating
  • Industry: Events Services
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

MYOB XO - API Integration A Game Changer

Reviewed on 28/07/2022

Valiant went through a 3rd party Kilimanjaro Consulting Pty Ltd for our set up and integration....

Valiant went through a 3rd party Kilimanjaro Consulting Pty Ltd for our set up and integration. They were excellent and their customer service is great.

Pros

Due to the complexities of our business MYOB XO was the standout choice.

Cons

No real downsides to the system. As we were using Viberent as a custom software piece there were some glitches with the API integration but this is to be expected.

Ellsi
Overall rating
  • Industry: Entertainment
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 2.0 /10

Good to start but difficult with finer details.

Reviewed on 14/01/2023

It worked well as a start package for the small business and didn't cost anything for the first...

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. However it was difficult to learn and take further with lots of niggly issues.

Pros

Good app availability to easily capture expenses and receipts. Simple to get started and underway with and often free with certain banks etc for the first year.

Cons

Beyond some basic functionality it was difficult to understand how best to do many things. In addition it was very difficult to reconcile amounts where a bank fee had altered the incoming amount. Often resulting in adjusting the original invoice rather than simply applying a fee during reconciliation.

Alternatives Considered

QuickBooks Online and Xero

Reasons for Switching to MYOB Business

Ultimately it was offered free for a year so was a good starting point compares to paying.
Matthew
Overall rating
  • Industry: Construction
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Don't start your business accounting with a regrettable decision, look elsewhere!

Reviewed on 18/05/2020

Underwhelming to say the least. I was partially sold on the fact that they have a customer service...

Underwhelming to say the least. I was partially sold on the fact that they have a customer service number to assist if need be, don't be fooled by this either, the call centre workers are rather unfamiliar with the MYOB product (unless I was unfortunate enough to speak with their newest member each time) and all my queries had to be looked up each time and they read answers from a screen which I could find on-line myself , they weren't able to elaborate nor answer any further questions I had outside of what was written in front of them.

Pros

Reasonably easy to use but have found Xero to be much better in almost every way.

Cons

Limited features and limited expandability compared to Xero. No was to have a back up of accounting file on your computer. If or once you decide Essentials ins't for you, they do not offer a way to transfer to their own Account Rite product nor do they off to export data to Xero. They will give you 1 month access as a read only before all data is deleted off their server unless you pay $25 Per month for the remaining 5 years you're required to keep the data

Alternatives Considered

QuickBooks Online

Reasons for Switching to MYOB Business

The only reason I foolishly chose MYOB was because of their time and name in the industry and I knew someone else who used MYOB and found them ok at the time but who is also now in the same situation as me and wanting to change over to Xero.
Andrew
Overall rating
  • Industry: Information Technology & Services
  • Company size: 2–10 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

If you know accounts, MYOB Business is for you

Reviewed on 22/12/2023

MYOB Business was generally good and could not be faulted. It does what it claims to do and does it...

MYOB Business was generally good and could not be faulted. It does what it claims to do and does it well.

Pros

Very in-depth, detailed and robust application and accounting platform for seasoned Accounts Officers, Bookkeepers and Accountants.

Cons

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

Response from MYOB

Hey Andrew! Thank you for taking the time to share your experience. We're glad to hear that you have been unable to fault MYOB Business! Cheers, Mike.

Adam
Overall rating
  • Industry: Real Estate
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great for payroll

Reviewed on 17/06/2024

Pros

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

Cons

I don’t have a con for this software as we are very happy with it

Adam
Overall rating
  • Industry: Supermarkets
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 10.0 /10

MYOB Easy

Reviewed on 25/09/2023

Pros

Application layout makes it easy to navigate

Cons

The upgrade feature needs to run in the background.

Thomas
Overall rating
  • Industry: Financial Services
  • Company size: 501–1,000 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Thomas Review

Reviewed on 8/07/2023

A great experience for first time accounting users.

A great experience for first time accounting users.

Pros

It's a great, easy to use product that would suit any type of business.

Cons

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

Jennifer
Overall rating
  • Industry: Retail
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 5.0 /10

Ok platform at the time however went with Xero

Reviewed on 14/03/2023

Pros

I needed the ability to access accounting transactions online.

Cons

What I liked least about MYOB business is that is was very limited therefore went with Xero.

Joshua
Overall rating
  • Industry: Mental Health Care
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 7.0 /10

Great software for small business

Reviewed on 23/08/2022

Pros

User experience is great and is easy to use for beginners. As the product has been around for some time, the forums are helpful for common issues and troubleshooting. From my experience the online support chat is helpful when needed. The myob capture app is great for recording receipts and invoices on the go for allocation later on desktop.

Cons

Recurring invoices are a great feature, however for my purposes, I would prefer a create from template feature for recurring contacts. Would prefer to have final say/approval over invoice reminders so the template can be customised to the circumstances. Some basic filtering and sorting features could be added for betting tracking of transactions, invoices, etc.

adam
Overall rating
  • Industry: Apparel & Fashion
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

not to bad...quit easy to use.

Reviewed on 18/09/2020

Customer service can be slow to respond. That said when you do get onto them they do know how to...

Customer service can be slow to respond. That said when you do get onto them they do know how to assist.

Pros

Simple and easy to use. A good range of add on products.

Cons

No real ability to grow with your business.
Its really only suitable SME

Anthony
Overall rating
  • Industry: Telecommunications
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

MYOB Accounts Plus

Reviewed on 3/11/2022

overall good

overall good

Pros

Online and off line accessMobile scanning of receipts

Cons

some search features could be better. Doesn't narrow down search when entering items or descriptions

Alternatives Considered

QuickBooks Desktop

Reasons for Switching to MYOB Business

easier to use
Elizabeth
Overall rating
  • Industry: Food & Beverages
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Upgrade of platform rubbish

Reviewed on 23/08/2021

Very frustrating, dissatisfaction and disappointment.
Will be looking at Xero.

Very frustrating, dissatisfaction and disappointment.
Will be looking at Xero.

Pros

Nothing about the new upgraded platform, all information has to transferred over.
Too many gimmicks of cartoon characters , boxes with useless information and graphs taking up half of the dashboard. Support of myob is very inexperienced and wasted 3 hrs on the phone to resolve payroll issues.
Did not ask or want the upgrade now paying more for a useless product.

Cons

Navigation is too complex, nothing is clear and simple.
Super is not calculated correctly, some of the information has not migrated over with the new platform had to re input details. A lot of wasted time.

matt
Overall rating
  • Industry: Construction
  • Company size: Self Employed
  • Used Daily for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

A must for any small business

Reviewed on 8/07/2022

Pros

its ease of use, Its simple. 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

Cons

I would ideally like to see a scheduling app or component added which id desktop and phone friendly

Alternatives Considered

QuickBooks Online
Lee
Overall rating
  • Industry: Construction
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

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

Reviewed on 22/05/2017

For a small firm with limited reporting requirements it is okay but for any jobs with Work...

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.

Joanne
Overall rating
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

MYOB - easy to use, does what you need

Reviewed on 23/02/2021

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

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.

Alternatives Considered

Xero

Reasons for Switching to MYOB Business

Pricing and easier to use.
Neil
Overall rating
  • Industry: Veterinary
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Where's the support?

Reviewed on 4/01/2023

I would definitely not recommend this product when there are better ones on the market, such as...

I would definitely not recommend this product when there are better ones on the market, such as Xero.

Pros

It integrated with my previous payroll programme

Cons

Difficult to fix problems. Useless customer support. Currently on hold for 110 minutes and counting, and have been "first in the queue" for at least 40 minutes. Their support number is not easy to find and the wait times are unacceptable. Also, the payroll needs more steps than xero to pay staff and report to IRD.

Rani
Overall rating
  • Industry: Automotive
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Great software. Does everything we need it to do and more.

Reviewed on 13/03/2018

Great accounting, and always updating with new features. Our accountant could just log in and do...

Great accounting, and always updating with new features. Our accountant could just log in and do our end of years immediately.

Pros

-Highly customisable for invoicing and parts inventories.
-Has great reports. We found if you knew what you wanted to keep an eye on in the business, then you could design a report for it. Not all accounting programs or workshop software can do that so easily.
-once it was set up for our workshop, it worked amazingly. Very intuitive

Cons

-We were new to this software, and it took a long time to set it up, (6 mnths), specifically for how we needed it to work. (automotive workshop), You almost needed to be a trained accountant i felt.
-Support used to take at least 1 day if not 2 to get back to you.

Verified Reviewer
Overall rating
  • Industry: Civil Engineering
  • Company size: Self Employed
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 5.0 /10

Great software, but too pricey for my needs

Reviewed on 2/11/2020

Good software with lots of useful functionality, but too pricey for my needs and too cumbersome...

Good software with lots of useful functionality, but too pricey for my needs and too cumbersome compared to other options

Pros

MYOB will polished with lots of mine integrations and options.

Cons

There are a number of different portals with different purposes and I would get lost sometimes navigating the various sites.

Alternatives Considered

QuickBooks Enterprise, Xero and Reckon One

Reasons for Switching to MYOB Business

I didn't choose it in the end.
Marcus  Maciej
Marcus Maciej
Overall rating
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

The interface is ok but the customer service is terrible

Reviewed on 6/04/2018

Pros

I liked the layout of the software. It is generally easy to use. The colour palette and general design is quite pleasing to the eye.

Cons

It's quite expensive for a small business and of course they hide a lot of information before you purchase. At per month I could not enter more than 5 expenses per month! Ridiculous! Had to upgrade! 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. 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!

Arslan
Overall rating
  • Industry: Banking
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

The Software helps me to evolve in my career my much .

Reviewed on 4/05/2018

The benefits are countless. I am really happy and exceptionally relaxed with using this software....

The benefits are countless. I am really happy and exceptionally relaxed with using this software. By far, its the most reliable and efficient software that I have encountered.

Pros

The systematic features really helps to sort out the accounting issues. I am always leading the task upto the standards and mostly efficiently only using this specialized software.

Cons

The complications of finding a specific set of files is really hectic. I have to go through the whole bunch of files and reenters the balance whenever I have to made some ammendments.

Jason
Overall rating
  • Industry: Hospitality
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Ongoing extortion, third world support, buggy and terrible reporting

Reviewed on 27/08/2019

A can't imagine a business could do worse than this product, go elsewhere and save yourself the...

A can't imagine a business could do worse than this product, go elsewhere and save yourself the hassle.

Pros

It didn't fail on install... that's about it!

Cons

I paid for the full version of the software and not even 12 months in they are forcing me to pay for a subscription service as well! Having disabled single touch payroll for offline users they have made the software obsolete.

Support is terrible and slow, you'll quickly get sick of the on hold music. Doesn't matter once you've identified yourself as soon as you're transferred you'll have to do it again.

And the reporting is a waste of time (and paper), you can't even print a list of employees with their birthdays!