
About MYOB Advanced Business
MYOB Advanced Business 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 Business, 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 Business 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 Business 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:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Key benefits of MYOB Advanced Business
• Manage your customer accounts with automated processes and gain access to flexible financial reporting and analysis at your fingertips with MYOB Advanced Business.
• 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 Business' 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 Business' 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.
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premises
Markets
Australia, New Zealand
Supported Languages
English
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Images







Features
Total features of MYOB Advanced Business: 153
Alternatives
Oracle Cloud Financials

SAP S/4HANA Cloud

Xero

QuickBooks Desktop Enterprise

Reviews
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- Industry: Real Estate
- Company size: 51–200 Employees
- Used Daily for 2+ years
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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.
- Industry: Human Resources
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Efficient and seamless accounting on MYOB Advanced
Reviewed on 24/01/2023
MYOB Advanced also enabled us to save on having our own server-based environment, we’re now in the...
MYOB Advanced also enabled us to save on having our own server-based environment, we’re now in the Cloud. So a saving on server license fees/ backup issues etc. We have also centralised our FAR in MYOB. Velixo is definitely the best feature of using Advanced, as detailed above.
Pros
Integration with Velixo is a big plus. The write back and drill down features enable us to complete the accounting / reporting a lot quicker. -Updating budgets is much easier now. Velixo has provided a full suite of customized reports by refreshing data and changing date filters.-A key strength of the fixed asset module is that we can attach things like CAPEX approvals, quotations etc to the fixed asset record.
Cons
The fixed assets forces the user to enter a useful life even for RB assets. There's also not validating tool prior to import, so when you set this up in MYOB you need to keep re-importing. We had some initial difficulties with inter-entity transactions which was only overcome with customisations and some protocols being put in place.
Reasons for Choosing MYOB Advanced Business
ERP300 was no longer supporting the version we were using and was incompatible with MS Office 10 (I think?)Reasons for Switching to MYOB Advanced Business
Cost and ease of use. Sales people explained the product better and we thought we would receive good after sales implementation (which we did)- Industry: Automotive
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 2.0 /10
Disaster - 12 months of onboarding, training and workflow concepts we could not go live.
Reviewed on 10/07/2023
Not that great.... we spent 12 months of training, delayed going live because the inventory...
Not that great.... we spent 12 months of training, delayed going live because the inventory warehousing module didn't productively handle once of imports which needed to be allocated to Service Orders or Sales Orders. To make the system work over 400+ additional hours of customisation would be needed to allow picking slips on Service Orders, Batch customer driven backorders for weekly supply orders, sync up equipment management with service management, but the one thing that stopped going forward was the warehouse receivable process that was so underdeveloped it needed a complete revamp. None of this was picked up during the first few weeks of scoping the required workflow. On the 11th Month we decided to call it a day as the additional cost was 200% more than what we first expected. MYOB pulled the EULA and said we must keep paying up to 18 months of user subscriptions even though the product sold was not fit for purpose.
Pros
Our business Equipment Dealership, import, sell and offer aftersale care over the life of the machine, some projects, we needed a project management module that our Dealer Management System did not provide, MYOB ERP Advance looked to have everything we needed. Added benefit was an upgrade to our AP & AR and payroll.
Cons
In the Automotive & Equipment industry, inventory management is the backbone of the company, repairing vehicles and machinery always requires an accurate and easy functioning warehouse. Unfortunately, MYOB ERP Advanced "Acumatica" hasn't worked this industry out. The receivables and release to customers for imported one-off or low-volume replacement parts as a very awkward workflow that is counterproductive unless you spend a lot of $$$$ on customisation. If you are an importer that requires a customer-driven backorder out-of-stock resolution workflow, I suggest not looking at MYOB ERP Advanced.
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Very Capable Accounting software
Reviewed on 27/06/2023
Pros
I am able to extract data very easily through Odata and have been able to set up useful API integrations with other software. It is also easy to create my own reports using Generic Inquiries. These work very similar to how a pivot table works and I am able to customize to bring in the data fields I want to see.
Cons
Sometimes being a proper accounting software i find some users find it difficult to understand and are overwhelmed by the features. However if being used by an accountant and with consultation with MYOB customer service this can be overcome to make reports and data points that all users can find useful.

- Industry: Hospitality
- Company size: 2–10 Employees
- Used Weekly for 1+ year
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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.
Reasons for Switching to MYOB Advanced Business
Accountant uses MYOB and it seemed simpler to use the same.MYOB Advanced Business FAQs
Below are some frequently asked questions for MYOB Advanced Business.Q. What type of pricing plans does MYOB Advanced Business offer?
MYOB Advanced Business offers the following pricing plans:
- Starting from:
- Pricing model: Subscription
- Free Trial: Not Available
Contact MYOB for detailed pricing information.
Q. Who are the typical users of MYOB Advanced Business?
MYOB Advanced Business has the following typical customers:
11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does MYOB Advanced Business support?
MYOB Advanced Business supports the following languages:
English
Q. Does MYOB Advanced Business support mobile devices?
MYOB Advanced Business supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does MYOB Advanced Business integrate with?
MYOB Advanced Business integrates with the following applications:
HubSpot Marketing Hub, MYOB Business, Microsoft Outlook, Microsoft Power BI, SAP Business One, SAP Concur, Salesforce Sales Cloud
Q. What level of support does MYOB Advanced Business offer?
MYOB Advanced Business offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support
Related categories
See all software categories found for MYOB Advanced Business.
- Financial Reporting Software
- ERP Systems
- Inventory Management Software
- Distribution Software
- Inventory Control Software
- Financial Management Software
- Job Costing Software
- Warehouse Management Systems
- Business Intelligence (BI) Tools
- Supply Chain Management Software
- Order Management Software
- Reporting Tools
- Revenue Management Software
- Business Management Software
- Project Accounting Software
- Accounting Practice Management Software