That it is pretty user friendly and you can do most functions you want to.

It is easy to navigate and does have some good features like the in-tray and linked bank accounts.

Tried and tested and is a great product. Starting to price a little higher but still competitive - especially if you have employees.

When theres an error, sometimes its not clear what the source of the problem is. This can be frustrating and better error message text would be on the advice to developers list.

MYOB is hands down the best Accounting & Payroll Software solution for our clients and we highly recommend it.

I have found it to be slow and sluggish at times, some of the processes are over complicated and difficult to understand/process.

Support is terrible and slow, you'll quickly get sick of the on hold music. Doesn't matter once you've identified yourself as soon as you're transferred you'll have to do it again.

There is a great chance that your accountant is familiar with this and will be able to make great recommendations.

Creating customers while creating quotes or invoices is good to keep you moving easily. Good integration features, such as cards.

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.

They might have stolen but it has cost them a customer and I will tell everybody I meet to avoid that software and company like the plague.

Now it is not hat great, customer support needs a lot of improvement. Yet I think other competitors have their problems and overall MYOB is the best soft for a small business.

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.

Offers features that I need to do to manage the Company Financials. Support has been great and responsive.

Reasonably easy to use but have found Xero to be much better in almost every way.

Simple in most cases to use and looks good, integrates with our hire software well , if any issues the help section normally answers the query so no need for customer service.

There are a number of different portals with different purposes and I would get lost sometimes navigating the various sites.

Very easy to navigate and simple to use. Search function for invoices is good now that you can see POs.

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.

Terrible technical support, slow and hard to understand.

As a small business owner not trained in the art of accounting there wasn't a lot we found easy about using MYOB  Essentials. The reporting process at the end is probably our highlight.

Limited features and limited expandability compared to Xero. No was to have a back up of accounting file on your computer.

Easy to signup and simple setup to get things started. Pricing - Special offer for new start ups.

Sending files to our Accountant at the end of the tax year was a pain.

Invoice shows when customer / vendor have viewed (SUPER HELPFUL). Intray for emailing receipts and tracking.

Customer Service was horrible. You could not talk to someone when you wanted to.

It was simple enough, even for a novice user like myself. The fact I could integrate it with my bank account and automatically enter expenses and raise invoices with my own branding etc. was great.

The single most annoying thing about it is the support.

The FreshBooks/Xero integration stopped working around 2017 (I don't know why; each company blames the other).

We were currently using Quickbooks, which had, at the time, very limited cloub-based capability. Xero looked great, was easy to use, and made it possible for our virtual team to work together.

I love how easy it is to sync bank feeds and reconcile transactions. I love the rule feature that allows me to set my routine transactions to the correct COA.

There is more information in the project tabs than what you can obtain in the report which is disappointing.

I believe Xero have captured a very nice niche of the industry with it's very business orientated user interface and simplisitic feel. It makes accounting somewhat fun for the business owner.

Ve not used the full power of Xero yet but so far it’s been great in helping me keep track of real time spending etc. It’s certainly an asset to the business and I’m learning more as I use it.

Finances are easier to keep up to date and more frequently, the software updates are seamless, the reports are great, the integrations are outstanding, and the service is super.

Every feature I need is an extra add on charge. The remember me at login does not work and I have to waste time with 2 step login every time I leave the computer for 5 minutes.

Xero has been a great experience for me. If you want software that can automatically allocate transactions when and where you need them to go, save yourself time and check out Xero.

Great software, price is affordable for small businesses.

Xero is easy to use (with a little direction perhaps) and it's been great for invoicing, payroll, and tracking our finances.

Easy to share with accountants. A thoughtful social enterprise discount given too.

And there are odd glitches in the reporting (cannot recall all the details now, I only have one client left using this app) that I had to watch out for.

Appalling Software - Avoid at all Costs in My Opinion.

Australian Dollar

MYOB Business accounting software is designed to help businesses of any size across Australia and New Zealand take care of GST, invoices, reporting, expenses & payroll (including Single Touch Payroll). Designed to save time, increase productivity, and stay up to date with ATO obligations.

MYOB Business is the fast and easy way to manage your cash flow and ATO compliance requirements. Say goodbye to cashflow headaches with time saving features to help take care of the day-to-day bookworm. 

LongDescription

Document Templates

Revenue Recognition

Employee Management

Leave Tracking

Forecasting

Tax Management

Purchase Order Management

Electronic Payments

Invoice History

Status Tracking

Payment Processing

Recurring/Subscription Billing

Due Date Tracking

Time Tracking

Customizable Reports

Activity Tracking

Vacation/Leave Tracking

Data Synchronization

Nonprofits

Progress Tracking

Job Costing

General Ledger

Bank Reconciliation

Financial Analysis

Mobile Payments

Ad hoc Reporting

Financial Management

Invoice Management

CPA Firms

Timesheet Management

Project Management

Customizable Invoices

Cash Flow Management

Sales Management

For Accountants

Customer Database

Sick Leave Tracking

Collaboration Tools

Chart of Accounts

Recurring Payments

Data Import/Export

Offline Access

Automatic Billing

Accounting

Consolidation/Roll-Up

Contact Management

Audit Trail

For CPA Firms

Project Time Tracking

Multi-Currency

Mobile Access

Online Payments

Online Invoicing

Inventory Tracking

Compliance Management

Real Time Data

Billing Portal

Vendor Management

Expense Claims

Tax Calculation

Sales Tax Management

Workflow Management

Real-Time Updates

Email Management

Project Tracking

Tax Compliance

Budgeting/Forecasting

Expense Management

Activity Dashboard

Invoice Processing

Alerts/Notifications

Reporting & Statistics

Payment Collection

Invoice Creation

Fraud Detection

Time & Expense Tracking

Accounts Payable

Cash Management

Mobile App

Billing & Invoicing

Fund Accounting

Receipt Management

Accounting Integration

Dashboard

Expense Tracking

Real Time Reporting

Income & Balance Sheet

Spend Management

Goal Setting/Tracking

Reporting/Analytics

Contact Database

Payroll Reporting

Accounts Receivable

Payroll Management

Supplier Management

Job Tracking

Records Management

Client Management

Receivables Ledger

Payroll: $10.00 / month
Business Lite: $12 / month 
Business Pro: $25.00 / month
AccountRight Plus: $60.00 / month
AccountRight Premier: $75.00 / month

50% off for 3 months - excluding Payroll.
Try free for 30-days.

Email/Help Desk

FAQs/Forum

Knowledge Base

Phone Support

Chat

Self-Employed

2-10

11-50

51-200

201-500

501-1000

1000+

MYOB Business

In Person

Live Online

Webinars

Documentation

Videos

US Dollar

Xero is a global small business platform with 3.95 million subscribers which includes core accounting, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions, helping small businesses access a range of solutions from within its open platform to help them run their business and manage their finances. Xero is a FIFA Women’s Football partner.

About Xero accounting software 

Xero provides small business owners, accountants and bookkeepers with powerful online accounting software and access to up-to-date financial data. It’s designed to make life better for small businesses, their advisors and communities around the world. It connects businesses with their bank, their advisor, accounting tools, payment services and third-party apps, so everything is securely available at any time, on any device. 
Benefits for small businesses
Xero’s beautiful, easy-to-use small business accounting software automates and streamlines many day-to-day tasks, including bank reconciliation, quoting, invoicing, making and collecting payments, tax, managing employees, expenses, projects and payroll. Businesses can view  up-to-date numbers on the Xero dashboard, in reports, and in analytics. It’s easy for businesses to see how they’re tracking, stay in control of cash flow and make informed decisions. 
Because Xero is cloud-based, businesses can work with their data easily from anywhere as well as collaborate with their accountant and bookkeeper. Many features are available on mobile, so people can run their business on the go.

Support and learning

Xero’s offers free 24/7 support, learning, and discussions at Xero Central, backed by a team of expert support staff. Customers are also invited to put forward and vote on product ideas.

Responsible data use commitments

Xero takes a defense-in-depth approach to protecting its systems and customer data. Data is protected by multiple layers of security, including encryption when it’s transferred and stored, and subject to strict privacy controls. Xero uses multi-factor authentication; software updates are free; and Xero does regular data backups.
Xero is certified as compliant with ISO/IEC 27001:2013, complies with the Payment Card Industry Data Security Standard, and produces Service Organization Control (SOC 2) reports.

Xero App Store

Xero connects with more than 1000 third-party apps designed to solve everyday business challenges, get data flowing between Xero and other apps, and provide a more complete view of how a business is performing. The Xero App Store is the place to easily find, try and connect apps that are certified by Xero and reviewed by users.

Pricing plans and free trial

Xero offers a free trial of its accounting software for 30 days, and a range of pricing plans designed to suit different needs. Subscriptions to Xero are invoiced monthly. 
 Accountants and bookkeepers get free access to Xero online accounting software and to Xero HQ when they sign up (for free) as Xero partners.
Xero for accountants and bookkeepers
Accountants and bookkeepers gain access to smart practice management software with tools for streamlined workflows, efficient compliance, and a cloud-based single accounting ledger for every client. They can collaborate within Xero with their colleagues or with clients, automate manual tasks, and access client records at any time. 
Xero’s integrated practice management software includes Xero HQ, Xero Practice Manager, Xero Workpapers and Xero Tax. 

Xero the company

Xero is a global company with offices in seven countries and over 3.95 million subscribers. It’s a leader in online accounting across New Zealand, Australia and the United Kingdom, and has won multiple awards for its software and services. Xero is listed on the Australian Stock Exchange (ASX).

Cataloging/Categorization

Product Identification

Case Management

Multi-Channel Management

Price/Margin Management

Asset Accounting

Document Storage

Access Controls/Permissions

Charting

Contract/License Management

Retail Inventory Management

Order Management

Project Billing

Credit Card Processing

Transaction History

Approval Process Control

Calendar Management

Reorder Management

Shipping Management

Accrual Accounting

Automated Quoting

Template Management

Warehouse Management

Inventory Optimization

Email Templates

Self Service Portal

Duplicate Payment Alert

For Government

Overrun Reporting

Hourly Billing

Cost Tracking

Fixed Asset Management

Sales Reports

Dunning Management

Overpayment Processing

Multi-Company

Early: $5.50/month
Growing: $16/month
Established: $31/month

MYOB Business vs Xero

User Ratings & Reviews

Pricing

Product Demo & Screenshots

Advisor Recommendations & User Awards

Additional Info

Support and Training

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