About MYOB Business
MYOB Essentials is an online accounting software that has a range of features designed to help businesses across New Zealand– whether they’re a start-up or a large business. Easily and quickly take care of GST & PAYE reports, invoices, reporting, expenses, and payroll (including Payday Filing). Designed to save time, increase productivity, and stay up to date with compliance obligations.
MYOB Essentials is online making it easy to work from anywhere. Being online means business owners can invite accountants, bookkeepers, or their business partners to work together on their business books, including managing cash flow and IRD compliance requirements.
Track and reconcile expenses automatically by simply linking a bank account. Compare and improve business performance by creating clear, targeted budgets, and track profit and loss in real time. Pay employees easily and with confidence and give employees access to payslips and timesheets online.
Essentials is automatically updated every time there’s a tax change to keep businesses in step with the IRD.
Pricing starting from:
$25.00/month
- Free Version
- Free Trial
- Subscription
Key benefits of MYOB Business
• Expense tracking - automatically import your banking and credit card transactions securely and directly, always under your control.
• 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 (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Markets
Australia, New Zealand
Supported Languages
English
Pricing starting from:
$25.00/month
- Free Version
- Free Trial
- Subscription
Images
Features
Total features of MYOB Business: 119
Alternatives
Reckon One
QuickBooks Desktop Enterprise
Cashflow Manager
HandiSoft
Reviews
Already have MYOB Business?
Software buyers need your help! Product reviews help the rest of us make great decisions.
- 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.
- 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 ProReasons for Switching to MYOB Business
easier to use- Industry: Graphic Design
- Company size: 2–10 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 5.0 /10
MYOB Essentials
Reviewed on 14/11/2022
All good except for the slow support and issues with the product.
All good except for the slow support and issues with the product.
Pros
Easy to use once you know how. I like that I can log on from anywhere top access the accounting software.
Cons
MYOB ceased to support Account Edge on Mac so on recommendation by the sales team I transferred to MYOB Essentials. It is easy to use however because it's web based it hangs intermittently. MYOB added a feature to Item ID on invoicing, adding an information symbol without widening the column. This causes the Item ID to be partially obliterated. This makes it difficult when checking item numbers or picking the order. I have spoken to support who have failed to address the issue or even discuss it. The other issue is support. I have literally waited on for one and half hours before getting to the person I need to speak to.
- 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.
- Industry: Accounting
- 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
Fully Functional Software
Reviewed on 26/03/2023
Very happy with the software and introduction of new features.
Very happy with the software and introduction of new features.
Pros
It’s been around for over 20 years. Fully functional and developed software. Easy to use.
Cons
Multi currency can be improved but it’s not used often.
MYOB Business FAQs
Below are some frequently asked questions for MYOB Business.Q. What type of pricing plans does MYOB Business offer?
MYOB Business offers the following pricing plans:
- Starting from: $25.00/month
- Pricing model: Subscription
- Free Trial: Not Available
Essentials Payroll: $30.00 / month Accounting Starter: $25.00 / month Accounting: $40.00 / month Accounting + Payroll: $60.00 / month A 30-day free trial is available.
Q. Who are the typical users of MYOB Business?
MYOB Business has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does MYOB Business support?
MYOB Business supports the following languages:
English
Q. Does MYOB Business support mobile devices?
MYOB Business supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does MYOB Business integrate with?
MYOB Business integrates with the following applications:
Abtrac, Adfile, Adobe Commerce, AroFlo, Assignar, AutoEntry, BigCommerce, CreditorWatch Collect, Cyfe, Dext Prepare, Employment Hero, Ento, Expiration Reminder, Fathom, Fergus, Fieldmagic, FreshBooks, Function Tracker, GeoOp, InviteBox, InvoiceSherpa, Inzant Sales, Jitterbit, Lightspeed POS, Mailchimp, MinuteDock, OneSaas, OpenCart, Panalitix, Pepperi, ProWorkflow, SalesIn, Salesforce Sales Cloud, ServiceM8, Shoeboxed, Shopify, Simpro, SparkPay, Spotlight Reporting, Starshipit, Tall Emu CRM, Timely, Tradify, Unleashed, Vendo, Volusion, WooCommerce, Workshop Software, Zoho CRM, eZee Reservation, ezyCollect
Q. What level of support does MYOB Business offer?
MYOB Business offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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