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
Sage Accounting
Score 9.1 out of 10
N/A
Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos.
Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.
N/A
Pricing
MYOB
Sage Accounting
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
No answers on this topic
Offerings
Pricing Offerings
MYOB
Sage Accounting
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Versions and pricing listed are for CA products. Versions available and pricing may vary by country.
* 2 months free to start, or free for 1 month to try, then $19/$43/$62 +tax/mo (tier depending). Offer valid for new customers only on monthly subscriptions of Sage Business Cloud Accounting. After the promotional period, the monthly subscription rate will renew at the then current rate. May not be combined with any other offers or discounts. To ensure continuous service the subscription plan is an automatically renewing plan. Subsequent months will automatically be billed to the same credit card each month on the anniversary date of purchase. Plans can be terminated at any time prior to the renewal data and not charged for renewal.
More Pricing Information
Community Pulse
MYOB
Sage Accounting
Features
MYOB
Sage Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
Ratings
26% above category average
Sage Accounting
9.3
Ratings
18% above category average
Pay calculation
10.00 Ratings
10.00 Ratings
Benefit plan administration
10.00 Ratings
9.30 Ratings
Direct deposit files
10.00 Ratings
8.80 Ratings
Salary revision and increment management
10.00 Ratings
9.40 Ratings
Reimbursement management
10.00 Ratings
9.10 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
10.0
Ratings
27% above category average
Sage Accounting
8.6
Ratings
12% above category average
API for custom integration
10.00 Ratings
9.10 Ratings
Plug-ins
10.00 Ratings
8.00 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
Ratings
18% above category average
Sage Accounting
9.7
Ratings
15% above category average
Single sign-on capability
10.00 Ratings
9.90 Ratings
Role-based user permissions
10.00 Ratings
9.50 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
10.0
Ratings
24% above category average
Sage Accounting
9.3
Ratings
16% above category average
Dashboards
10.00 Ratings
8.30 Ratings
Standard reports
10.00 Ratings
9.80 Ratings
Custom reports
10.00 Ratings
9.70 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
Sage Accounting
9.1
Ratings
16% above category average
Accounts payable
10.00 Ratings
9.80 Ratings
Accounts receivable
10.00 Ratings
9.90 Ratings
Cash management
10.00 Ratings
9.80 Ratings
Bank reconciliation
10.00 Ratings
9.50 Ratings
Expense management
10.00 Ratings
9.90 Ratings
Time tracking
6.00 Ratings
6.60 Ratings
Fixed asset management
10.00 Ratings
8.40 Ratings
Multi-currency support
10.00 Ratings
10.00 Ratings
Multi-division support
10.00 Ratings
9.90 Ratings
Regulations compliance
10.00 Ratings
9.50 Ratings
Electronic tax filing
5.10 Ratings
9.70 Ratings
Self-service portal
6.30 Ratings
10.00 Ratings
Global Financial Support
10.00 Ratings
9.30 Ratings
Primary and Secondary Ledgers
10.00 Ratings
9.50 Ratings
Intercompany Accounting
10.00 Ratings
8.10 Ratings
Localizations
10.00 Ratings
8.30 Ratings
Journals and Reconciliations
10.00 Ratings
9.00 Ratings
Enterprise Accounting
2.80 Ratings
6.90 Ratings
Configurable Accounting
10.00 Ratings
9.30 Ratings
Centralized Rules Framework
10.00 Ratings
8.90 Ratings
Standardized Processes
10.00 Ratings
9.50 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
10.0
Ratings
31% above category average
Sage Accounting
6.9
Ratings
6% below category average
Inventory tracking
10.00 Ratings
6.70 Ratings
Automatic reordering
10.00 Ratings
8.30 Ratings
Location management
10.00 Ratings
5.70 Ratings
Manufacturing module
10.00 Ratings
7.00 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
Pastel also helps users to save time when it comes to bank and supplier reconciliations. Capturing into pastel is also easy. The merit of pastel is that it is very efficient and simplifies most of the financial accounting and human resource management tasks. I have discovered that some long batches (more than 2000), if posted during peak hours, tend to fail during posting and resume later, but at this point, doubling, trebling, or even quadrupling transactions.
Bank integration - being able to extract banking transaction into Sage Accounting.
Allocation rules - transactions are auto-allocated once allocation rules have been set up. This is a great time-saver.
Flexibility - the ability to view transactions, click on them to the allocation point and rectifying if required saves having to create journals, and therefore time. General ledgers therefore stay cleaner and more user-friendly.
I find it difficult to record journals in cloud accounting. Maybe I just don’t have the knowledge.
It’s important to export all unrecorded sync bank transactions to Excel to send to clients to explain the payment receipts before being posted. This function is not available on the cloud and makes life harder, having to call out the transactions to clients over the phone.
I could not live without Sage Accounting, it has become an integral part of my everyday. The more I have used Sage Accounting the more I have fallen in love with it. I am excited to be part of this ever-evolving accounting system that has grown from strength to strength, making life easier is something Sage does so well.
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.
Sage Accounting is built for the business owner/user and not the accountant, it therefore guides the user and thus detailed accounting knowledge and experience is not a necessarily a prerequisite . It offers a monthly price and therefore no significant up front spend and it tailorable to your business with useful dashboards that again you can tailor to instantly see what's important to you.
Sage has been always available when I want it. If there is any maintenance work to be done by the Sage team, you are told well in advance. Maintenance is generally carried out late at night or before the day begins for most of us. It continues to be the most reliable software I use.
Performance is top notch, if it is not, it is probably your wi-fi connection. It has happened that pages load slowly because of an error on Sage side but almost never. Overall reports load fine, the site is fast, navigation is fine. I have a client that has so many invoices, it is slow or gets stuck when you try to load a report for a whole year but it is just too many invoices, it makes sense. Just take 2 report for 6 months and combine them, its not an issue for me. I am happy with Sage Accounting's performance.
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.
The support is world class - never ever during 30 plus years in business I have received such helpful, knowledgeable and genuine support as I have from Sage. At Sage people matter and i can chat to someone safe in the knowledge that they will actually listen and assist. This also backed up by huge online portfolio of help and resources
Staff are always friendly, and patient, always work at a speed that suits you. You are never rushed, and In only a short time they seem to be able to help you make great strides. It has been a pleasure not a chore, learning how SAGE Accounting works and benefits me and the company.
I find the online training was very informative and they answered all my questions. I am also certified in Sage One and provided online training in the program which I have set up several people on and they love how it keeps them organized.
The clients' business owner worked with Sage on implementation before I began working for them. After consultation with them it is clear the process was quickly performed and without complication. The key takeaway was that Sage is seen as a partner to the business. That said, it was always necessary to engage with an accountant such as myself to extract the best out of the software.
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.
The first integration we had created for our product was with QuickBooks Online. There was a fair amount of work put in to create this solution, and a huge amount of testing to make sure it works properly. Once Sage Accounting had an API available for integration, we included this as well, as a fair number of our customers use Sage products. While there were challenges coming from the difference between product APIs, Sage Accounting was overall easier to implement, and more straightforward with actions and expected outcomes.
You can use Sage in your company for various aspects/positions such as bookkeepers, invoicing clerks, accountant, purchasing etc. Everyone can have their own user login and permissions can be set that specific people can do specific jobs without being able to access other peoples progress or accounts of the company.