MYOB Business
About 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.
MYOB Business 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 ATO 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.
MYOB Business is automatically updated every time there’s a tax change to keep businesses in step with the ATO.
Key benefits of 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.
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Reviews
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- Industry: Retail
- Company size: 11–50 Employees
- Used Daily for 2+ years
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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 2018/09/04
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.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
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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 2023/05/06
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
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- Industry: Information Technology & Services
- Company size: 2–10 Employees
- Used Monthly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 3.0 /10
IT business management
Reviewed on 2023/08/21
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.
- Industry: Building Materials
- Company size: Self Employed
- Used Monthly for Free Trial
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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 2023/11/19
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.
- Industry: Events Services
- Company size: 51–200 Employees
- Used Daily for 2+ years
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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 2022/07/28
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.
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: A$30.00/month
- Pricing model: Subscription
- Free Trial: Not Available
Payroll: $10.00 / month Business Lite: $12 / month Business Pro: $25.00 / month AccountRight Plus: $60.00 / month AccountRight Premier: $75.00 / month 50% off for 3 months - excluding Payroll. Try free for 30-days.
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, Adobe Commerce, AroFlo, Assignar, AutoEntry, BigCommerce, CreditorWatch Collect, Cyfe, Dext, Employment Hero, Ento, Expiration Reminder, Fathom, Fergus, Fieldmagic, FreshBooks, Function Tracker, GeoOp, InviteBox, InvoiceSherpa, Inzant Sales, Jitterbit, Mailchimp, MinuteDock, OpenCart, Panalitix, Pepperi, ProWorkflow, SalesIn, Salesforce Sales Cloud, ServiceM8, Shoeboxed, Shopify, Simpro, Spotlight Reporting, Starshipit, Tall Emu CRM, Timely, Tradify, Unleashed, 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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