MYOB vs. Sage Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 7.6 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
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
MYOBSage 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
MYOBSage Accounting
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions 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
MYOBSage Accounting
Features
MYOBSage 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 calculation10.00 Ratings10.00 Ratings
Benefit plan administration10.00 Ratings9.30 Ratings
Direct deposit files10.00 Ratings8.80 Ratings
Salary revision and increment management10.00 Ratings9.40 Ratings
Reimbursement management10.00 Ratings9.10 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 integration10.00 Ratings9.10 Ratings
Plug-ins10.00 Ratings8.00 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 capability10.00 Ratings9.90 Ratings
Role-based user permissions10.00 Ratings9.50 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
Dashboards10.00 Ratings8.30 Ratings
Standard reports10.00 Ratings9.80 Ratings
Custom reports10.00 Ratings9.70 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 payable10.00 Ratings9.80 Ratings
Accounts receivable10.00 Ratings9.90 Ratings
Cash management10.00 Ratings9.80 Ratings
Bank reconciliation10.00 Ratings9.50 Ratings
Expense management10.00 Ratings9.90 Ratings
Time tracking6.00 Ratings6.60 Ratings
Fixed asset management10.00 Ratings8.40 Ratings
Multi-currency support10.00 Ratings10.00 Ratings
Multi-division support10.00 Ratings9.90 Ratings
Regulations compliance10.00 Ratings9.50 Ratings
Electronic tax filing5.10 Ratings9.70 Ratings
Self-service portal6.30 Ratings10.00 Ratings
Global Financial Support10.00 Ratings9.30 Ratings
Primary and Secondary Ledgers10.00 Ratings9.50 Ratings
Intercompany Accounting10.00 Ratings8.10 Ratings
Localizations10.00 Ratings8.30 Ratings
Journals and Reconciliations10.00 Ratings9.00 Ratings
Enterprise Accounting2.80 Ratings6.90 Ratings
Configurable Accounting10.00 Ratings9.30 Ratings
Centralized Rules Framework10.00 Ratings8.90 Ratings
Standardized Processes10.00 Ratings9.50 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 tracking10.00 Ratings6.70 Ratings
Automatic reordering10.00 Ratings8.30 Ratings
Location management10.00 Ratings5.70 Ratings
Manufacturing module10.00 Ratings7.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MYOB
10.0
Ratings
26% above category average
Sage Accounting
8.2
Ratings
6% above category average
Pricing10.00 Ratings9.90 Ratings
Order entry10.00 Ratings7.60 Ratings
Credit card processing10.00 Ratings8.10 Ratings
Cost of goods sold10.00 Ratings7.60 Ratings
Order Orchestration10.00 Ratings7.60 Ratings
End-to-end order visibility10.00 Ratings7.50 Ratings
Order exception Resolution10.00 Ratings8.90 Ratings
Best Alternatives
MYOBSage Accounting
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MYOBSage Accounting
Likelihood to Recommend
9.0
(0 ratings)
9.9
(0 ratings)
Likelihood to Renew
9.5
(0 ratings)
8.5
(0 ratings)
Usability
10.0
(0 ratings)
9.9
(0 ratings)
Availability
-
(0 ratings)
8.7
(0 ratings)
Performance
-
(0 ratings)
9.2
(0 ratings)
Support Rating
1.2
(0 ratings)
9.9
(0 ratings)
In-Person Training
-
(0 ratings)
9.1
(0 ratings)
Online Training
-
(0 ratings)
9.1
(0 ratings)
Implementation Rating
5.0
(0 ratings)
9.5
(0 ratings)
Configurability
-
(0 ratings)
9.2
(0 ratings)
Ease of integration
1.0
(0 ratings)
9.3
(0 ratings)
Product Scalability
-
(0 ratings)
8.8
(0 ratings)
Vendor post-sale
-
(0 ratings)
9.3
(0 ratings)
Vendor pre-sale
-
(0 ratings)
9.3
(0 ratings)
User Testimonials
MYOBSage Accounting
Likelihood to Recommend
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
Read full review
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.
Read full review
Pros
  • MYOB is very easy to navigate and find the correct information.
  • The Help section was very straight forward and very easy to learn.
  • MYOB was a great accounting tool for our business as it provided the accountant, sales, etc all of the information they need all in one place.
Read full review
  • 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.
Read full review
Cons
  • [In my opinion,] horrible interface to import data
  • [In my opinion,] user interface stuck in 1995
  • Needs improvement to usability
  • Contestant price increases
  • [In my opinion,] new in-app advertising is annoying
  • Countless different windows to do simple tasks like onboard an employee
  • [In my experience,] too slow
Read full review
  • 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.
Read full review
Likelihood to Renew
We have been looking in to other cloud based accounting options.
Read full review
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.
Read full review
Usability
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.
Read full review
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.
Read full review
Reliability and Availability
No answers on this topic
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.
Read full review
Performance
No answers on this topic
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.
Read full review
Support Rating
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.
Read full review
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
Read full review
In-Person Training
No answers on this topic
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.
Read full review
Online Training
No answers on this topic
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.
Read full review
Implementation Rating
No answers on this topic
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.
Read full review
Alternatives Considered
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.
Read full review
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.
Read full review
Scalability
No answers on this topic
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.
Read full review
Return on Investment
  • Made a life a lot easier by removing a lot of separate entries in multiple excel sheets
  • With all of the relevant information in one place, it is easier to process payments.
  • Most of the business only have one person doing the payroll compared to the team effort.
Read full review
  • Being cloud-based, meaning I can work from anywhere, has had a massive ROI, as I am no longer tied to the office.
  • CoPilot has meant we can spend more hours creating work for our business than chasing for payments.
  • Statement Runs mean we do not have to spend half a day carrying out the tasks individually.
Read full review
ScreenShots

Sage Accounting Screenshots

Screenshot of the All-in-One DashboardScreenshot of the Accounting DashboardScreenshot of an Invoicing Quote EstimateScreenshot of the Purchases TrackerScreenshot of Stock InventoryScreenshot of a VAT Returns List