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
MYOB
Editions & Modules
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
MYOB
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup Fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
MYOB
Features
MYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
Ratings
26% above category average
Pay calculation
10.00 Ratings
Benefit plan administration
10.00 Ratings
Direct deposit files
10.00 Ratings
Salary revision and increment management
10.00 Ratings
Reimbursement management
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
10.0
Ratings
27% above category average
API for custom integration
10.00 Ratings
Plug-ins
10.00 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
Ratings
18% above category average
Single sign-on capability
10.00 Ratings
Role-based user permissions
10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
10.0
Ratings
24% above category average
Dashboards
10.00 Ratings
Standard reports
10.00 Ratings
Custom reports
10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MYOB
9.1
Ratings
16% above category average
Accounts payable
10.00 Ratings
Accounts receivable
10.00 Ratings
Cash management
10.00 Ratings
Bank reconciliation
10.00 Ratings
Expense management
10.00 Ratings
Time tracking
6.00 Ratings
Fixed asset management
10.00 Ratings
Multi-currency support
10.00 Ratings
Multi-division support
10.00 Ratings
Regulations compliance
10.00 Ratings
Electronic tax filing
5.10 Ratings
Self-service portal
6.30 Ratings
Global Financial Support
10.00 Ratings
Primary and Secondary Ledgers
10.00 Ratings
Intercompany Accounting
10.00 Ratings
Localizations
10.00 Ratings
Journals and Reconciliations
10.00 Ratings
Enterprise Accounting
2.80 Ratings
Configurable Accounting
10.00 Ratings
Centralized Rules Framework
10.00 Ratings
Standardized Processes
10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
10.0
Ratings
31% above category average
Inventory tracking
10.00 Ratings
Automatic reordering
10.00 Ratings
Location management
10.00 Ratings
Manufacturing module
10.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
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.
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 found Xero just a little to plain for my liking, I went with MYOB for my second business as it was easier to do this, and I already knew how it all worked. Xero does have a few features that are pretty good, but overall I think MYOB is a better product.