Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family.
The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.
$8
per month per user
MYOB
Score 7.5 out of 10
N/A
MYOB now has a suite of subscription-based products and a browser-based accounting product that was released in August 2010. On 24 October 2012, MYOB released AccountRight Live - the cloud-enabled version of its flagship product. MYOB competes with Xero and QuickBooks.
$11
per month
Pricing
Microsoft Dynamics 365 Business Central
MYOB
Editions & Modules
Dynamics 365 Business Central Team Members
$8
per month (billed annually) per user
Dynamics 365 Business Central Essentials
$70
per month (billed annually) per user
Dynamics 365 Business Central Premium
$100
per month (billed annually) per user
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
Offerings
Pricing Offerings
Microsoft Dynamics 365 Business Central
MYOB
Free Trial
Yes
Yes
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Microsoft Dynamics 365 Business Central
MYOB
Features
Microsoft Dynamics 365 Business Central
MYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.0
7 Ratings
57% below category average
MYOB
10.0
12 Ratings
26% above category average
Pay calculation
2.07 Ratings
10.012 Ratings
Benefit plan administration
2.05 Ratings
10.08 Ratings
Direct deposit files
2.06 Ratings
10.010 Ratings
Salary revision and increment management
00 Ratings
10.08 Ratings
Reimbursement management
00 Ratings
10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.8
18 Ratings
27% below category average
MYOB
10.0
7 Ratings
27% above category average
API for custom integration
5.817 Ratings
10.07 Ratings
Plug-ins
5.815 Ratings
10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
22 Ratings
6% above category average
MYOB
10.0
12 Ratings
18% above category average
Single sign-on capability
7.418 Ratings
10.011 Ratings
Role-based user permissions
10.021 Ratings
10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.2
23 Ratings
33% below category average
MYOB
10.0
12 Ratings
24% above category average
Dashboards
4.919 Ratings
10.011 Ratings
Standard reports
5.823 Ratings
10.012 Ratings
Custom reports
4.922 Ratings
10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.7
23 Ratings
0% below category average
MYOB
9.1
16 Ratings
16% above category average
Accounts payable
7.422 Ratings
10.016 Ratings
Accounts receivable
6.921 Ratings
10.016 Ratings
Global Financial Support
5.310 Ratings
10.06 Ratings
Primary and Secondary Ledgers
5.89 Ratings
10.08 Ratings
Journals and Reconciliations
6.312 Ratings
10.012 Ratings
Configurable Accounting
5.812 Ratings
10.09 Ratings
Standardized Processes
5.813 Ratings
10.08 Ratings
Cash management
00 Ratings
10.015 Ratings
Bank reconciliation
00 Ratings
10.016 Ratings
Expense management
00 Ratings
10.012 Ratings
Time tracking
00 Ratings
6.07 Ratings
Fixed asset management
00 Ratings
10.09 Ratings
Multi-currency support
00 Ratings
10.08 Ratings
Multi-division support
00 Ratings
10.07 Ratings
Regulations compliance
00 Ratings
10.09 Ratings
Electronic tax filing
00 Ratings
5.19 Ratings
Self-service portal
00 Ratings
6.37 Ratings
Intercompany Accounting
00 Ratings
10.06 Ratings
Localizations
00 Ratings
10.06 Ratings
Enterprise Accounting
00 Ratings
2.84 Ratings
Centralized Rules Framework
00 Ratings
10.04 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.9
18 Ratings
29% below category average
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking
5.818 Ratings
10.09 Ratings
Automatic reordering
5.811 Ratings
10.06 Ratings
Location management
2.014 Ratings
10.06 Ratings
Manufacturing module
00 Ratings
10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.7
21 Ratings
50% below category average
MYOB
10.0
7 Ratings
26% above category average
Pricing
2.018 Ratings
10.07 Ratings
Order entry
5.818 Ratings
10.07 Ratings
Credit card processing
2.012 Ratings
10.06 Ratings
Cost of goods sold
2.016 Ratings
10.07 Ratings
Order Orchestration
6.37 Ratings
10.05 Ratings
End-to-end order visibility
00 Ratings
10.05 Ratings
Order exception Resolution
00 Ratings
10.05 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.4
13 Ratings
1% below category average
MYOB
-
Ratings
Billing Management
6.311 Ratings
00 Ratings
Cash and Asset Management
6.312 Ratings
00 Ratings
Travel & Expense Management
5.88 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
5.89 Ratings
00 Ratings
Period Close
5.312 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
8 Ratings
13% above category average
MYOB
-
Ratings
Budgeting and Forecasting
10.08 Ratings
00 Ratings
Project Costing
10.07 Ratings
00 Ratings
Cost Capture
10.08 Ratings
00 Ratings
Capital Project Management
8.05 Ratings
00 Ratings
Customer Contract Compliance
10.06 Ratings
00 Ratings
Project Revenue Recognition
8.04 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.2
5 Ratings
11% below category average
MYOB
-
Ratings
Project Planning and Scheduling
2.04 Ratings
00 Ratings
Task Insight for Project Managers
2.04 Ratings
00 Ratings
Project Mobile Functionality
2.04 Ratings
00 Ratings
Definable Resource Pools
2.04 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
9.7
3 Ratings
26% above category average
MYOB
-
Ratings
Award Lifecycle Management
10.03 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.9
8 Ratings
0% below category average
MYOB
-
Ratings
Bids Analyzed and Compared
2.04 Ratings
00 Ratings
Contract Authoring
2.04 Ratings
00 Ratings
Contract Repository
2.04 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
5.87 Ratings
00 Ratings
Supplier Management
5.85 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.3
5 Ratings
11% above category average
MYOB
-
Ratings
Risk Repository
5.34 Ratings
00 Ratings
Control Management
4.95 Ratings
00 Ratings
Control Efficiency Assessments
5.84 Ratings
00 Ratings
Issue Detection
5.35 Ratings
00 Ratings
Remediation and Certification
5.34 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.4
4 Ratings
21% below category average
MYOB
-
Ratings
Transportation Planning and Optimization
2.03 Ratings
00 Ratings
Transportation Execution Management
2.03 Ratings
00 Ratings
Trade and Customs Management
2.03 Ratings
00 Ratings
Fulfillment Management
1.04 Ratings
00 Ratings
Warehouse Workforce Management
2.03 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.5
4 Ratings
49% below category average
MYOB
-
Ratings
Production Process Design
2.03 Ratings
00 Ratings
Production Management
2.04 Ratings
00 Ratings
Configuration Management
2.03 Ratings
00 Ratings
Work Execution
2.03 Ratings
00 Ratings
Manufacturing Costs
2.04 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics 365 Business Central
3.5
6 Ratings
68% below category average
MYOB
-
Ratings
Forecasting
1.06 Ratings
00 Ratings
Inventory Planning
2.06 Ratings
00 Ratings
Performance Monitoring
2.06 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Microsoft Dynamics 365 Business Central is well suited for inventory management in all aspects. Its accessibility, along with my other apps, when out of the office is unparalleled. I find it easy to work with on a desktop or laptop; however, it could use some work on a mobile device.
MYOB is suitable for any business. I have two different businesses and both use MYOB effectively. I use MYOB to pay wages every fortnight for both businesses. This enables me to track exactly what is happening with everyone's different sick leave and holiday entitlements easily. I'm also able to keep track of expenditure and balance and reconcile the accounts against bank statements.
Automate the creation of bills of materials for production. We can now generate a BoM from a sales order.
Organization of all data pertaining to thousands of parts, assemblies, and finished goods. Engineering and purchasing have a common portal.
We can create sales orders from quotations instead of re-entering them (this did require some bolt-on software). Less redundant work with fewer entry errors.
Accounting can provide reports based on specific criteria stored in NAV. We can pull better and more detailed intelligence.
We've already decided to continue using this software. It is too expensive for us to upgrade so we made a workaround by using the virtual computer with Windows XP installed on it. We did research replacing this software, but it was a better financial decision to keep what we had instead
Best in terms of reporting or coming up with a great dashboard. Seamlessly collaborated with teams without depending on particular device as its web version is the buddy for people with work flexibility. Licensing price and integrations can be the areas of improvement and can simplify the interface which will be easy for a new user.
Still 10 for me, I have no problem at all using this toll even it hangs sometimes, I need to log in again to refresh it and it always ask to update the MYOB app. i Also like the security of this platform, iT always asks for the code (before logging in.
It provides one to efficiently be able to manage bookkeeping and inventory without much challenges. One can easily navigate through workflow processes while managing usages and budgets. Being able to produce reports in Word, Excel or PDF means one is able to have a working document to produce trends and graphs or produce pivot tables.
MYOB accounting software basically works but looks and functions like 1998. Unfortunately their Antipiracy licensing system is absolutely TERRIBLE and verging on nearly criminal, scam! You must CONFIRM each and every data file and when it doesnt work you have to PAY THEM to fix their own file protection issues. If you dont pay them, they hold your data hostage as your company accounting information file becomes READ ONLY. Permantly, unless you pay them. This is a total extortion SCAM. I cannot believe a company can operate this way. With a lot of better product available... i dont imagine MYOB is going to survive much longer.
I have personally supported all of the Dynamic family of ERP systems and made the decision to concentrate on NAV as the solution of choice. From a support and development standpoint there are few if any packages that can compare. It is not uncommon for most of the companies that I support to only call me once or twice a month after the first year. This is due to the ease of tracking down problems and errors and the ability for a developer to provide the end-user with routines that automatically correct the most basic kind of error
Not even close. Though I will say MYOB had a budget module where Zoho Books doesn't which is one thing severely lacking in Zoho Books. On the other hand, Zoho Books allows for payment processing integration without trying to get a cut from the process whereas MYOB allowed for payment processing but you had to go through their service only and it wasn't cheap.