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. Access expert software and business support by phone or online 7 days a week. 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.

MYOB Business Software - Create Invoice MYOB Business Software - Dashboard MYOB Business Software - GST Report MYOB Business Software - In Tray MYOB Business Software - Pay run

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Reviews of MYOB Business

Average score

Overall
3.8
Ease of Use
3.6
Customer Service
3.2
Features
3.5
Value for Money
3.4

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Katrina
Katrina
Senior Accountant in Australia
Verified LinkedIn User
Accounting, 11-50 Employees
Used the Software for: 2+ years
Reviewer Source

Solid product for small business

5.0 4 years ago

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.

Brian
Managing Director in Australia
Events Services, 51-200 Employees
Used the Software for: 2+ years
Reviewer Source

MYOB XO - API Integration A Game Changer

5.0 6 months ago

Comments: Valiant went through a 3rd party Kilimanjaro Consulting Pty Ltd for our set up and integration. They were excellent and their customer service is great.

Pros:

Due to the complexities of our business MYOB XO was the standout choice.

Cons:

No real downsides to the system. As we were using Viberent as a custom software piece there were some glitches with the API integration but this is to be expected.

Ellsi
Owner in New Zealand
Entertainment, 2-10 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

Good to start but difficult with finer details.

3.0 3 weeks ago New

Comments: It worked well as a start package for the small business and didn't cost anything for the first year so was a great starting option. However it was difficult to learn and take further with lots of niggly issues.

Pros:

Good app availability to easily capture expenses and receipts. Simple to get started and underway with and often free with certain banks etc for the first year.

Cons:

Beyond some basic functionality it was difficult to understand how best to do many things. In addition it was very difficult to reconcile amounts where a bank fee had altered the incoming amount. Often resulting in adjusting the original invoice rather than simply applying a fee during reconciliation.

Anthony
General Manager in Australia
Telecommunications, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

MYOB Accounts Plus

4.0 3 months ago

Comments: overall good

Pros:

Online and off line accessMobile scanning of receipts

Cons:

some search features could be better. Doesn't narrow down search when entering items or descriptions

Joe
Joe
DevOps Engineer in New Zealand
Verified LinkedIn User
Computer Software, 51-200 Employees
Used the Software for: 1-5 months
Reviewer Source

Alternatives Considered:

Manual System Converted into Digital

4.0 2 years ago

Comments: MYOB has changed the way we work, simplifies book keeping to take away so much pain

Pros:

- Easy to signup and simple setup to get things started - Pricing - Special offer for new start ups - Invoice reminders - Invoice templates look very professional - Invoice shows when customer / vendor have viewed (SUPER HELPFUL) - Intray for emailing receipts and tracking

Cons:

- Not being able to invoice in multiple currencies, have to workarond this by invoicing in the charable foreign currency then after payment is recieved adjusting the template to the local amount that is received.