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MYOB Business
What Is MYOB Business?
MYOB Business is the fast and easy way to manage your cashflow and ATO compliance requirements. Includes time saving features that automates everyday tasks, giving you great insights and making compliance easy. Manage your business anywhere on your laptop or mobile. Keep your data safe and secure in the cloud. Get real-time cashflow, invoicing and payments. Try free for 30 days today.
Who Uses MYOB Business?
The MYOB Business range is designed for businesses from sole traders, to growing operations and even established companies of up to 19 employees in Australia and New Zealand.
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MYOB Business
Reviews of MYOB Business

Solid product for small business
Comments: Has been around for a long time. Tried and tested and is a great product. Starting to price a little higher but still competitive - especially if you have employees.
Pros:
Easy to use and well laid out for the end user. Is great for small operations without complex needs.
Cons:
Whilst bank rules are very handy - the auto reconciling of transactions can cause problems if rule set up incorrectly. Would be great if there was an option to make bulk transaction changes.

Alternatives Considered:
Full of features.
Comments: Great option for this doing day to day business, May be a little expensive for those just starting out.
Pros:
Packed with features for invoicing and accounting needs.
Cons:
Very expensive when compared to similar products.
MYOB - old school, but not in the best way
Comments: It's been a favourable relationship, however time to move on
Pros:
A very old school accounting software program which hasn't changed, but easily to follow along with experience.
Cons:
A very old school accounting software program which hasn't changed - still relies on users to understand basic accounting, which small business owners do not
MYOB Business Is a Highly Reliable Accounting Solution
Pros:
This accounting software has been so reliable. MYOB Business works so well for us. MYOB Business is easy to use.
Cons:
No cons about MYOB Business. MYOB Business is brilliant.
MYOB Response
10 months ago
Hey Micheal! We're really glad to hear MYOB Business is working well for you. Thank you for taking the time to share your thoughts. Cheers, Amanda.
Great accounting software
Comments:
Good accounting software. Easy for multiple staff to use.
Easy to add new staff members
Pros:
Easy to use. Straightforward Online or app
Cons:
Payroll could be easier to make changes
MYOB Business Is a Sensational Accounting Solution
Pros:
This accounting solution has been working so well for use due to its effective features. MYOB Business has been highly reliable and easy to use.
Cons:
I do not have cons for MYOB Business. MYOB Business works so well.
MYOB Response
10 months ago
Hey Valentina! Thank you for taking the time to share your thoughts! We're glad to hear it's been an easy experience using MYOB Business.
Myob review
Comments: Overall 9/10 has worked well for me and myob capture is great for my business
Pros:
MYOB capture, syncs with my CRM & quoting system
Cons:
Issues with MYOB capture from time to time
An Accounting Solution that Is Accurate to Use
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.
MYOB Business has Incredible Accouting Features
Pros:
The features of this accounting system are incredible. MYOB Business is so amazing.
Cons:
MYOB Business has brilliant features. No issues about MYOB Business.
Great for payroll
Pros:
We use MYOB for our payroll and it is very simple and functional software
Cons:
I don’t have a con for this software as we are very happy with it
IT business management
Comments: MYOB allows simple business management but does not offer advanced simple integrations.
Pros:
MYOB allows for client management and invoicing from one system.
Cons:
Using this system to manage an IT business is not the most innovative system and it has integration challenges from our PSA.
Okay product with limited face to face support
Comments: Very average.
Pros:
The software is relatively easy to use.
Cons:
It’s hard to get face to face support. Even when I’ve requested it I’ve received an email!! That’s not the support I appreciate. Every response is an email with a link to a webpage. This doesn't always help.
Great for invoicing
Pros:
I have used myob for simple invoicing and it’s flawless. You can tell that it has more capabilities.
Cons:
There’s nothing negative about myob and the price is affordable
MYOB Response
last year
Hey Irina! We're so glad to hear you enjoy using MYOB. Thank you for taking the time to share your experience. Cheers, Amanda.
If you find something good, stick to it.
Comments: It has been an essential tool in running our business effectively and maintaining legal compliance since we started in business in 2011.
Pros:
The wide range of features and varied reports that can be produced to assist with trackingn expenditure , budgeting and forecasting. Regular updates keep us compliant with tax law.
Cons:
I do not operate the software. Unable to answer.
MYOB Essentials
Comments: All good except for the slow support and issues with the product.
Pros:
Easy to use once you know how. I like that I can log on from anywhere top access the accounting software.
Cons:
MYOB ceased to support Account Edge on Mac so on recommendation by the sales team I transferred to MYOB Essentials. It is easy to use however because it's web based it hangs intermittently. MYOB added a feature to Item ID on invoicing, adding an information symbol without widening the column. This causes the Item ID to be partially obliterated. This makes it difficult when checking item numbers or picking the order. I have spoken to support who have failed to address the issue or even discuss it. The other issue is support. I have literally waited on for one and half hours before getting to the person I need to speak to.
Solid and very complete offering
Pros:
I like that you can make big changes easily and that it is guided by the software. They definitely know what they are doing.
Cons:
Nothing to report here thankfully.
Myob
Comments: Very easy to use. Clients are happy with it and also find it easy with minimal questions
Pros:
The ease of using this program. Being able to get into clients accounts and finalising their work.
Cons:
I have no issues to report with this program.
Not my first option but still a good system
Comments: Overall it is not my first preference and I prefer to use a competitor.
Pros:
I stated my career using MYOB which was my favorite software. It couldn't be beat. But that was over a decade as ago. Since then other contenders have surpassed the software in both useability and practicality. MYOB is still good at the core, especially for accountants and people with an accounting background. However for business owners I think it could be a bit confusing and slightly intimidating.
Cons:
One of my biggest pet peeves for MYOB is the rigid structure and inflexible ways to treat transactions. For example, if a bank transaction doesn't match to the cent, there is no quick way of recognizing the rounding error and processing the transaction. Instead a series of clicks into the transacting to edit the amount is required, disrupting your workflow.
Great Product
Comments: I would recommend it to someone say a professional bookkeeper, I found Quickbooks to be more user friendly for easy bookkeeping soultuons also finding Quickbooks a lot cheaper than MYOB.
Pros:
Very detailed, Easy to add transactions.
Cons:
I found the software was not very “user friendly” especially as someone who isn’t the greatest at Bookeeping, the terms (words) and navigation was very hard sometimes. I ended up switching to Quickbooks.
MYOB keeps us on track and informed
Pros:
Ese of use, accessibility, features are simple, seamless integration, reporting functions, governance
Cons:
None, it is clear and easy to use daily.

A Solid Piece Of Software
Pros:
I have used MYOB for years, it's perfect for getting the job done, and easy to use.
Cons:
Sometimes the ability to change or delete transactions is a little bit dangerous.
MYOB software
Pros:
Process was easy to set up, had some good features that were used frequently
Cons:
Needed more features added to make good use of the accounting,invoices were limited
Okay but . . . . .
Comments:
We have been using MYOB accounting plus for over 10 years and recently upgraded to the new Accountright 2013.
The new version is very similar to the old and this makes it relatively easy to adjust to. There was a bit of dancing converting 10 years of accounting data to the new format and eventually we got that done and away we went.
The first thing that struck us was how slow it seems in comparison to the previous software. (MYOB Accounting plus v14). Data entry is not fluid and constant delays in processing. We contacted MYOB support regarding this and "they are working on the problem" so it appears it is a common problem.
It is updated with the latest reports and payroll taxes and supposedly compliant with the ATO.
There is a greater range of reports available but still the customisation options are limited. What you see is what yo get, give or take a field or two.
The "cloud" idea is novel, but due to the speed restrictions it is of little real benefit.
Payroll is the biggest change complying with the new regulations, and taxes, but unfortunately MYOB doesn't allow upgrading of the tax tables without paying for an endless subscription which equates to approximately $800 per year.
Overall if you like the early MYOB and can handle the speed reduction then its an okay upgrade. If it wasn't for the reliance on MYOB data for the previous 10+ years and the swift talking sales rep that convinced management to upgrade, I would personally be looking at alternatives.
Pros:
Compatible with earlier versions. Interface is very similar to previous versions.
Cons:
Expensive for what it is! Slow!!!!! For small or casual use it MAY be okay, but for any real data volume, its just too slow. (Even on the latest PC) Relies heavily on the internet (could be cause of part of the speed problem) Limited customisation
MYOB User
Comments: Positive
Pros:
The easy to use features help me keep track of my accounts when I have so much going on
Cons:
There’s not much I don’t like, I’m pro MYOB Business
Good software for offline accounting. you can work on Myob for all your accounting &and Bookkeeping
Comments: Good for accounting & Book-keeping offline.
Pros:
Its functioning is good. You can easily get your Accounting data customized by preparing P&L account & Balance sheet
Cons:
1. You have to take backup by your self no self backup facility. 2. Difficult to understand the reporting process.