MYOB Business
About MYOB Business
MYOB Business is an online accounting software that has a range of features designed to help businesses across Australia – whether they’re a start-up or a large business. Easily and quickly take care of GST, PAYG and BAS reports, invoices, reporting, expenses, and payroll (including Single Touch Payroll). Designed to save time, increase productivity, and stay up to date with compliance obligations.
MYOB Business is online making it easy to work from anywhere. Being online means business owners can invite accountants, bookkeepers, or their business partners to work together on their business books, including managing cash flow and ATO compliance requirements.
Track and reconcile expenses automatically by simply linking a bank account. Compare and improve business performance by creating clear, targeted budgets, and track profit and loss in real time. Pay employees easily and with confidence and give employees access to payslips and timesheets online.
MYOB Business is automatically updated every time there’s a tax change to keep businesses in step with the ATO.
Pricing starting from:
$31.00/month
- Free Version
- Free Trial
- Subscription
Key benefits of MYOB Business
• Expense tracking - automatically import your banking and credit card transactions securely and directly, always under your control.
• Give your customers more ways to pay with online invoices through AMEX, Visa, Mastercard or BPAY payments.
• Updated automatically every time there’s a tax change, like Single Touch Payroll - making you compliant without lifting a finger.
• Easily invite bookkeepers, accountants, or business partners into your account to collaborate from anywhere.
• Compare and improve business performance by creating clear, targeted budgets, and track profit and loss in real time.
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:
$31.00/month
- Free Version
- Free Trial
- Subscription
Images
Features
Total features of MYOB Business: 121
Alternatives
Reckon One
QuickBooks Enterprise
Cashflow Manager
HandiSoft
Reviews
Already have MYOB Business?
Software buyers need your help! Product reviews help the rest of us make great decisions.
- Industry: Banking
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
The Software helps me to evolve in my career my much .
Reviewed on 04/05/2018
The benefits are countless. I am really happy and exceptionally relaxed with using this software....
The benefits are countless. I am really happy and exceptionally relaxed with using this software. By far, its the most reliable and efficient software that I have encountered.
Pros
The systematic features really helps to sort out the accounting issues. I am always leading the task upto the standards and mostly efficiently only using this specialized software.
Cons
The complications of finding a specific set of files is really hectic. I have to go through the whole bunch of files and reenters the balance whenever I have to made some ammendments.
- Industry: Construction
- Company size: 11–50 Employees
- Used Daily for 6-12 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
A very easy to use and follow accounting software, the flow of information is easy to follow
Reviewed on 16/08/2017
This software is easy to use and organize. This software allows me to track and update information...
This software is easy to use and organize. This software allows me to track and update information easily and in a timely manner
Pros
I like the dashboards that show the flow of information from beginning to end. Reconciling the bank is very easy to do as well as enter in new sales and purchases. It's also very easy to export data into excel if additional analysis is needed outside of MYOB.
Cons
Generating sales reports, P&Ls, and BS is a bit cumbersome. It would also be nice if it had a 'dashoboard' feature, like xero, that shows all the relevant information on one page. Having one spot to go to for most of the day's relevant information would be very helpful
- Industry: Construction
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
The software is good for a small entity but once you grow and need more detail it becomes a...
Reviewed on 22/05/2017
For a small firm with limited reporting requirements it is okay but for any jobs with Work...
For a small firm with limited reporting requirements it is okay but for any jobs with Work Breakdown Structure requirements it comes up short and becomes a limiter for the company. I get very frustrated with the after sales support system. It is not customer focused and leaves you wondering why you pay for it.
Pros
Good basic internal controls so novice bookkeepers can run day to day.
Easy to install and set up.
Reasonably cheap for what you get.
Handles GST well.
Cons
Not the best for Job costings.
Payroll system ordinary serious reporting drawbacks as far as information flow to the General Ledger.
Tends to freeze in reporting production which can lock out users.
Support service is very poor, you get the feeling the staff could care less in resolving issues.
Interactive screen supports not used you have to send a file and wait for a response.
Wait time on the phone for support is very bad.
- Industry: Education Management
- Company size: 1,001–5,000 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
An Accounting Solution that Is Accurate to Use
Reviewed on 29/04/2024
Pros
MYOB Business is a sensational and accurate accounting solution.
I love the simplicity of MYOB Business.
Cons
I do not dislike MYOB Business at all.
MYOB Business is so brilliant.
- Industry: Mental Health Care
- Company size: 2–10 Employees
- Used Weekly for 1+ year
-
Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 7.0 /10
Great software for small business
Reviewed on 23/08/2022
Pros
User experience is great and is easy to use for beginners. As the product has been around for some time, the forums are helpful for common issues and troubleshooting. From my experience the online support chat is helpful when needed. The myob capture app is great for recording receipts and invoices on the go for allocation later on desktop.
Cons
Recurring invoices are a great feature, however for my purposes, I would prefer a create from template feature for recurring contacts. Would prefer to have final say/approval over invoice reminders so the template can be customised to the circumstances. Some basic filtering and sorting features could be added for betting tracking of transactions, invoices, etc.
MYOB Business FAQs
Below are some frequently asked questions for MYOB Business.Q. What type of pricing plans does MYOB Business offer?
MYOB Business offers the following pricing plans:
- Starting from: $31.00/month View Pricing Plans
- Pricing model: Subscription
- Free Trial: Not Available
Payroll: $12.00 / month Business Lite: $31.00 / month Business Pro: $58.00 / month AccountRight Plus: $141.00 / month AccountRight Premier: $177.00 / month 50% off for 3 months - excluding Payroll. Try free for 30-days.
Q. Who are the typical users of MYOB Business?
MYOB Business has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does MYOB Business support?
MYOB Business supports the following languages:
English
Q. Does MYOB Business support mobile devices?
MYOB Business supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does MYOB Business integrate with?
MYOB Business integrates with the following applications:
Abtrac, Adfile, Adobe Commerce, AroFlo, Assignar, AutoEntry, BigCommerce, CreditorWatch Collect, Cyfe, Dext Prepare, Employment Hero, Ento, Expiration Reminder, Fathom, Fergus, Fieldmagic, FreshBooks, Function Tracker, GeoOp, InviteBox, InvoiceSherpa, Inzant Sales, Jitterbit, Lightspeed POS, Mailchimp, MinuteDock, OneSaas, OpenCart, Panalitix, Pepperi, ProWorkflow, SalesIn, Salesforce Sales Cloud, ServiceM8, Shoeboxed, Shopify, Simpro, SparkPay, Spotlight Reporting, Starshipit, Tall Emu CRM, Timely, Tradify, Unleashed, Vendo, Volusion, WooCommerce, Workshop Software, Zoho CRM, eZee Reservation, ezyCollect
Q. What level of support does MYOB Business offer?
MYOB Business offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
Related categories
See all software categories found for MYOB Business.
- Accounting Software
- Accounts Payable Software
- Accounts Receivable Software
- Billing and Invoicing Software
- Cloud Storage Software
- School Accounting Software
- Trust Accounting Software
- Fund Accounting Software
- Business Budgeting Software
- Business Performance Management Software
- Car Dealer Accounting Software
- Nonprofit Accounting Software
- Construction Accounting Software
- Payroll Software
- Church Accounting Software
- Bookkeeping Software
