About MYOB Advanced

MYOB Advanced is a cloud based ERP for businesses across Australia and New Zealand, with sophisticated tools for financial management, inventory and distribution, customer management, project accounting, and payroll management, all in a scalable platform. Users can manage their day-to-day tasks and streamline sales, purchasing, and accounting, and utilize built-in tools such as reporting and dashboards, integrated marketing, a customer self-service portal, advanced billing, compliance management, and more.

With MYOB Advanced, users can manage their customer accounts with automated processes and easily generate invoices, send statements, verify balances, as well as review day-to-day transactions, manage vendor invoices, simplify payroll, and much more. Users also get access to to flexible reporting and analysis with the General Ledger's comprehensive financial data and track inter-company accounting. Tools for inventory and distribution provide users with real-time access to available inventory, inventory in transit, and inventory costs, including features for sales and purchase order management, and a built-in purchase requisition system.

MYOB Advanced provides an array of tools for customer management including integrated marketing which allows users to segment and manage online campaigns; opportunity and pipeline management for improving sales success with automation; a customer self-service portal to reduce customer support questions; and customized dashboards for clear and insightful reports. Features for project accounting help users track all costs, revenues and budgets for projects, and provide advanced billing, and time and expense tracking. MYOB Advanced also enables users to manage payroll and produce real-time reports, track company files and leave entitlements, and stay up-to-date and compliant with tax obligations.

Pricing starting from:

N/A

  • Free Version
  • Free Trial
  • Subscription

Key benefits of MYOB Advanced

• Manage your customer accounts with automated processes and gain access to flexible financial reporting and analysis at your fingertips with MYOB Advanced.

• Manage your sales activities with an integrated workflow, create and approve quotes, and manage your distribution on the go with tools for comprehensive inventory management.

• Analyze customer trends in real-time and improve your sales success with MYOB Advanced's automation that increases efficiency and enhances information flow.

• Manage your projects and track all costs, revenues and budgets, and bill materials and labour based on the type of work performed, project requirements, and more.

• MYOB Advanced's tools for payroll management are accessible from anywhere, and help keep you up-to-date with tax obligations including fringe benefits, work cover, tax file numbers and more.

Devices

Business size

S M L

Markets

Australia, New Zealand

Supported Languages

English

Pricing starting from:

N/A

  • Free Version
  • Free Trial
  • Subscription

Images

MYOB Advanced Software - Mobile solutions liberate service, sales, and warehouse teams from bottlenecks and hurdles. Unlock efficiencies, eliminate admin backlog, reduce data errors and increase customer satisfaction.
MYOB Advanced Software - ERP software combines real-time data with automated processing across finance, sales and operations. In short? It's software that collects, stores, and manages information about your entire business.
MYOB Advanced Software - Give customers, staff and suppliers an unprecedented amount of information in real-time.
MYOB Advanced Software - Effectively manage your inventory, streamline sales and purchasing, manage your financials in real-time and more – all in a scalable and integrated solution.
MYOB Advanced Software - Manage your customer accounts with automated processes to help you generate invoices, send statements, verify balances, deliver customer reports and more
MYOB Advanced Software - Manage your sales activities with integrated workflow, configurable order types, and flexible discounts and promotion
MYOB Advanced Software - Link transactions to customers or suppliers, add bank charges, interest or record-omitted cash to a reconciliation screen.
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MYOB Advanced video
MYOB Advanced video
MYOB Advanced Software - Mobile solutions liberate service, sales, and warehouse teams from bottlenecks and hurdles. Unlock efficiencies, eliminate admin backlog, reduce data errors and increase customer satisfaction. MYOB Advanced Software - ERP software combines real-time data with automated processing across finance, sales and operations. In short? It's software that collects, stores, and manages information about your entire business. MYOB Advanced Software - Give customers, staff and suppliers an unprecedented amount of information in real-time. MYOB Advanced Software - Effectively manage your inventory, streamline sales and purchasing, manage your financials in real-time and more – all in a scalable and integrated solution. MYOB Advanced Software - Manage your customer accounts with automated processes to help you generate invoices, send statements, verify balances, deliver customer reports and more MYOB Advanced Software - Manage your sales activities with integrated workflow, configurable order types, and flexible discounts and promotion MYOB Advanced Software - Link transactions to customers or suppliers, add bank charges, interest or record-omitted cash to a reconciliation screen.

Features

Total features of MYOB Advanced: 153

  • API
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Ad hoc Reporting
  • Alerts/Notifications
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Bid Management
  • Billing & Invoicing
  • Billing Rate Management
  • Bills of Material
  • Budget Management
  • Budgeting/Forecasting
  • CRM
  • Cash Flow Management
  • Cash Management
  • Cataloguing/Categorisation
  • Change Order Management
  • Charting
  • Check-in/Check-out
  • Client Portal
  • Collaboration Tools
  • Compliance Management
  • Consolidation/Roll-Up
  • Contact Management
  • Contract/License Management
  • Core Accounting
  • Cost Estimating
  • Cost Tracking
  • Cost-to-Completion Tracking
  • Credit Card Processing
  • Currency Management
  • Customer Database
  • Customer History
  • Customisable Dashboard
  • Customizable Templates
  • Dashboard
  • Dashboard Creation
  • Data Connectors
  • Data Import/Export
  • Data Visualization
  • Demand Forecasting
  • Discount Management
  • Distribution Management
  • Document Management
  • Document Storage
  • Drag & Drop
  • ERP
  • Electronic Payments
  • Email Management
  • Enterprise Asset Management
  • Estimating
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • Forecasting
  • General Ledger
  • Import/Export Management
  • Income & Balance Sheet
  • Integrated Business Operations
  • Inventory Auditing
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Item Management
  • Key Performance Indicators
  • Manufacturing Inventory Management
  • Manufacturing Planning
  • Mobile Access
  • Mobile App
  • Monitoring
  • Multi-Channel Management
  • Multi-Company
  • Multi-Currency
  • Multi-Location
  • Order Entry
  • Order Fulfillment
  • Order Management
  • Order Processing
  • Order Tracking
  • Overrun Reporting
  • Payroll Management
  • Percent-Complete Tracking
  • Performance Metrics
  • Predictive Analytics
  • Production Cost Tracking
  • Profit/Loss Statement
  • Progress Reports
  • Progress Tracking
  • Project Accounting
  • Project Billing
  • Project Management
  • Project Planning/Scheduling
  • Project Time Tracking
  • Project Tracking
  • Project Workflow
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quality Management
  • Quotes/Estimates
  • Real Time Analytics
  • Real Time Data
  • Real Time Reporting
  • Real Time Synchronization
  • Receipt Management
  • Receiving/Putaway Management
  • Recurring/Subscription Billing
  • Reorder Management
  • Reporting/Analytics
  • Reporting/Project Tracking
  • Resource Management
  • Retail Inventory Management
  • Returns Management
  • Revenue Management
  • Revenue Recognition
  • Sales Forecasting
  • Sales Orders
  • Sales Reports
  • Sales Tax Management
  • Scheduled / Automated Reports
  • Scheduling
  • Search/Filter
  • Self Service Data Preparation
  • Self Service Portal
  • Shipping Management
  • Status Tracking
  • Stock Management
  • Supplier Management
  • Supply Chain Management
  • Task Management
  • Tax Management
  • Template Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Timesheet Management
  • Transaction History
  • Trend / Problem Indicators
  • Visual Analytics
  • Warehouse Management
  • Workflow Management

Alternatives

Xero

4.3
#1 Alternative to MYOB Advanced
Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation,...

Oracle Cloud Financials

4.1
#2 Alternative to MYOB Advanced
Oracle Financials Cloud is a complete and integrated financial management solution that sets the foundation for good...

QuickBooks Desktop Enterprise

4.5
#3 Alternative to MYOB Advanced
QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access...

SAP ERP

4.4
#4 Alternative to MYOB Advanced
SAP Cloud ERP Suite combines the SAP S/4HANA, SAP Business ByDesign, and SAP BusinessONE solutions into one integrated...

Reviews

Overall rating

4.5 /5
(25)
Value for Money
4.5/5
Features
4.6/5
Ease of Use
4.7/5
Customer Support
4.7/5

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Showing 5 reviews of 25
Ali sally H. Ali sally H.
Overall rating
  • Industry: Real Estate
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Myob aAdvanced, a complete business solution.

Reviewed on 10/08/2021

My experience in using MyOB Advanced is great. I'm dealing with customer services and Human...

My experience in using MyOB Advanced is great. I'm dealing with customer services and Human Resources works. MyOB Advanced helps me and my company to be more responsible and gives more measurable and satisfied services to our workers and clients.

Pros

MyOB Advanced offers a lot of modular but integrated accounting functionities, easy to use and comes with real time cloud base activities. You can accomplish any accounting tasks that deal with your team and clients anywhere and anytime.

Cons

MyOB Advanced ease complications of any accounting system, that's why the UI design should developed to be more intuitive and user friendly.

Wyclife B. Wyclife B.
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: 501-1,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Accounting Made Easy

Reviewed on 20/04/2020

MYOB is a great tool for accounting purposes my overall experience with this software is great now...

MYOB is a great tool for accounting purposes my overall experience with this software is great now that I am used to it. Initially, I had problems with using some of the features but with constant learning and experience, I find this tool resourceful.

Pros

One key thing I liked most about MYOB is the ability to use it on a smartphone through their android app. This makes things a lot easier for me as I can post the transaction on the go without necessarily having my computer around. Compared to other accounting tools, the pricing is quite reasonable for the value you get.

Cons

Some bit of this software is slightly complicated a good example being an inventory system and this always calls for some training before work can use.

Alternatives Considered

Xero

Reasons for Choosing MYOB Advanced

The organization grew, and we needed something that could accommodate our growth better and hence the switch.

Reasons for Switching to MYOB Advanced

The alternatives had poor customer service to start off.
Verified Reviewer
Overall rating
  • Industry: Information Technology & Services
  • Company size: 11-50 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 4.0 /10

Was great many years ago

Reviewed on 31/07/2021

Pros

Since we have been using MYOB for many years the interface is well known (hasn't been upgraded in 10+ years)

Cons

Old style interface, old style architecture, really needs a whole new design

Yo D. Yo D.
Overall rating
  • Industry: Hospitality
  • Company size: 2-10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Good Accounting Software with Good Support

Reviewed on 01/10/2020

The software is reliable and does the job. It doesn't have fancy reporting or an amazing user...

The software is reliable and does the job. It doesn't have fancy reporting or an amazing user interface but it's got everything you need. MYOB responded well to the changes needed for STP reporting, JobKeeper payments and Government Grants.

Pros

Good, reliable software for accounting and payroll. Integrates well with our timesheet and rostering App (Deputy). Product support is generally very good and has extended hours.

Cons

A few things are not very intuitive, eg I wanted to run a report showing how much we've spent with a certain supplier over the past year. The information wasn't where you'd expect it (in their card file). There are a couple of ways to get this info but I had to call support to find out. Also, we don't typcially generate invoices but when I needed to do one, I found it quite difficult to format it how I wanted it and to find out how to provide bank details instead of credit card info for payment.

Alternatives Considered

QuickBooks Desktop Enterprise and Xero

Reasons for Switching to MYOB Advanced

Accountant uses MYOB and it seemed simpler to use the same.
Bhavik J. Bhavik J.
Overall rating
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

An All in One Accounting Product

Reviewed on 27/03/2020

My overall experience with MYOB Advanced is its a great feature packed product which can be priced...

My overall experience with MYOB Advanced is its a great feature packed product which can be priced correctly.

Pros

The thing I like the most about MYOB Advanced is its ease of use and vast feature set. The Cloud base feature is very helpful.

Cons

The thing I like the least about MYOB Advanced is its pricing, which can be reduced. Also, for a new customer, it is very overwhelming with all the features and mostly require a training to get hold of.

Alternatives Considered

SAP ERP

Reasons for Switching to MYOB Advanced

Better feature set and advanced cloud functionalities.
Showing 5 reviews of 25 Read all reviews

MYOB Advanced FAQs

Below are some frequently asked questions for MYOB Advanced.

MYOB Advanced offers the following pricing plans:

  • Starting from:
  • Pricing model: Subscription
  • Free Trial: Not Available

Contact MYOB for detailed pricing information.

MYOB Advanced has the following typical customers:

11-50, 51-200, 201-500, 501-1,000, 1,001+

MYOB Advanced supports the following languages:

English

MYOB Advanced supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

MYOB Advanced integrates with the following applications:

HubSpot Marketing Hub, MYOB Business, Microsoft Outlook, Microsoft Power BI, SAP Business One, SAP Concur, Salesforce Sales Cloud

MYOB Advanced offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support

Related categories

See all software categories found for MYOB Advanced.