Ratings Breakdown
User Reviews Overview
Feature Ratings
Ease-of-use
4.5 / 5
Value for Money
4.5 / 5
Customer Support
4.5 / 5
Functionality
4.5 / 5
Pros
"Used this daily for accounting job. Easy to use and able to generate required information quickly."
"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."
"The simplicity of use is wonderful. It's easy to navigate around and find all the transactions and reports needed. It produces a monthly and yearly set of accounts with a breeze."
Cons
"I do understand that updates are required to exchange the functionality, but the updates are too frequent (maybe it’s just for me)- and require to install new version on each update."
"Some bit of this software is slightly complicated a good example being an inventory system and this always calls for some training before work can use."
"Without training, you might find it a little intimidating and confusing but if you are only wanting it for accounts record keeping and not invoicing or payroll, you could learn as you go."
MYOB Advanced Reviews
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December 2018
Roxanne from Papercraft Central - Where the Learning begins ...
Company Size: 2-10 employees
Industry: Arts and Crafts
Time Used: More than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
December 2018
MYOB
Pros
MYOB is the ultimate - I love this program. After initial set up, you can pull up any credit or debit, create reports, budgets - it is endless what information you can gain in only minutes where manually, would take you hours if not more. It is quite easy to use and to get the most out of your purchase, I would recommend attending a training course on it.
Cons
Without training, you might find it a little intimidating and confusing but if you are only wanting it for accounts record keeping and not invoicing or payroll, you could learn as you go.
April 2020
wyclife from Resilience Action International
Company Size: 501-1,000 employees
Industry: Non-Profit Organization Management
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
5.0
Functionality
3.0
April 2020
Accounting Made Easy
MYOB is a great tool for accounting purposes my overall experience with this software is great now that I am used to it. Initially, I had problems with using some of the features but with constant learning and experience, I find this tool resourceful.
Pros
One key thing I liked most about MYOB is the ability to use it on a smartphone through their android app. This makes things a lot easier for me as I can post the transaction on the go without necessarily having my computer around. Compared to other accounting tools, the pricing is quite reasonable for the value you get.
Cons
Some bit of this software is slightly complicated a good example being an inventory system and this always calls for some training before work can use.
Reasons for Choosing MYOB Advanced
The alternatives had poor customer service to start off.
Reasons for Switching to MYOB Advanced
The organization grew, and we needed something that could accommodate our growth better and hence the switch.
June 2019
Michael from Ferrier Hodgson
Company Size: 11-50 employees
Industry: Accounting
Review Source: Capterra
Ease-of-use
3.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
June 2019
Great Accounting Product
Pros
The payroll function is great and the pricing is reasonable. The mobile app is also user-friendly.
Cons
The inventory system could be improved slightly.
November 2020
Anonymous
Company Size: 11-50 employees
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Functionality
5.0
November 2020
There is a reason why it's one of the most popular in Australia
Pros
It has a certain ease of use and accessibility without giving up functionality. There is a reason why it's one of the most popular tax/accounting software for small businesses in Australia.
Cons
Honestly, we are pretty happy using this MYOB for the time being, I think once we migrate over our payroll services, we will be able to comment further on the functionality, and see if there are any lacking points.
October 2020
Yo from Black Door Investments
Company Size: 2-10 employees
Industry: Hospitality
Time Used: Less than 2 years
Review Source: Capterra
Ease-of-use
4.0
Value for money
4.0
Customer support
5.0
Functionality
4.0
October 2020
Good Accounting Software with Good Support
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 Choosing MYOB Advanced
Accountant uses MYOB and it seemed simpler to use the same.
March 2020
Bhavik from Information And Technology
Company Size: 51-200 employees
Industry: Financial Services
Time Used: Less than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
3.0
Functionality
5.0
March 2020
An All in One Accounting Product
My overall experience with MYOB Advanced is its a great feature packed product which can be priced correctly.
Pros
The thing I like the most about MYOB Advanced is its ease of use and vast feature set. The Cloud base feature is very helpful.
Cons
The thing I like the least about MYOB Advanced is its pricing, which can be reduced. Also, for a new customer, it is very overwhelming with all the features and mostly require a training to get hold of.
Reasons for Choosing MYOB Advanced
Better feature set and advanced cloud functionalities.
March 2020
Erica from Busygates
Company Size: 11-50 employees
Industry: Marketing and Advertising
Time Used: More than 2 years
Review Source: Capterra
Ease-of-use
4.0
Functionality
5.0
March 2020
MYOB Review
Pros
The greatest thing I loved about this product was its cloud base feature. I was also able to streamline my business effectively.
Cons
Pricing can be reduced a bit. This would help small businesses to get on board
December 2018
Michele from Accounting
Company Size: 2-10 employees
Industry: Accounting
Time Used: More than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
December 2018
Bookkeeping essentials
love it as it helps to manage my client’s info efficiently.
Pros
Used this daily for accounting job. Easy to use and able to generate required information quickly.
Cons
I do understand that updates are required to exchange the functionality, but the updates are too frequent (maybe it’s just for me)- and require to install new version on each update.
April 2019
Joanne from Joanne Wadsworth
Company Size: 1 employee
Industry: Entertainment
Time Used: More than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
April 2019
Fabulous accounting software
I'm very happy with MYOB's Advanced accounting software. I enjoy it's ease of functionality and how it spits out a month end and year end set of accounts like a breeze.
Pros
The simplicity of use is wonderful. It's easy to navigate around and find all the transactions and reports needed. It produces a monthly and yearly set of accounts with a breeze.
Cons
I wish it would tally the Aged Trial Balance between the "profit and loss" portion and the "balance sheet" portion. I always have to do that manually, as a double check.
August 2019
Komala Raj from Perfect Trainer
Company Size: 11-50 employees
Industry: Sports
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
4.0
Functionality
4.0
August 2019
Make our accounts easy
As a manager of our organization, I use MYOB for our accounting purposes. Its simply easy to make soft copy documentation.
Pros
The function keys are assembled in a easy way in this MYOB Advance. It helps the users to make their activity easy and quick.
Cons
Auto save and recovery after a power cut is bit confusing which documents have been saved by which name, if we have opened so many unsaved new documents at the same time.
March 2020
Ankit from Poplify Pvt. Ltd.
Company Size: 51-200 employees
Industry: Information Technology and Services
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
4.0
Functionality
5.0
March 2020
Wonderful Product for Accounting
Overall I'm happy with MYOB Advanced. It is a perfect solution for accounting business to solve the burden of writing and handling reports and other documents. It is quick and easy to use which helps in increasing productivity somehow.
Pros
The software contains most impactful features like:- - Cloud-Based - Real-time data reports - Easy to use - Easy to navigate and find any report or information needed - Generates credit. debit and reports quickly It contains the payroll features too. The mobile app makes it access it on the go.
Cons
The only con, I found in this product is the price. The price is little bit high for small businesses to get MYOB Advanced.
April 2020
Anonymous
Company Size: 10,000+ employees
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Functionality
5.0
April 2020
MYOB Advanced Review
MYOB Advanced is a very useful accounting tool. It's an efficient software that's been saving me quite a bit of time when I'm writing reports. It's also very easy to use, unlike many other accounting programs; I particularly like MYOB's clean interface, which makes bookkeeping a breeze, even for users like me, who are not advanced in accounting.
Pros
MYOB Advanced is a great accounting software. It's cloud-based, has a clean and easy-to-use UI, real-time data reports, and a handy mobile app for entering data on the go. It works well for beginners and advanced user alike.
Cons
I've been using MYOB Advanced for a few months now and haven't come across any major problems. However, I've also noticed the very frequent updates that other users have mentioned. The updating process doesn't take a lot of time, but it does cost me time because every time the software updates, I have to wait until it's done before I can use it. I wish the updates could run in the background or could be scheduled to once a week only.
March 2020
Anonymous
Company Size: 10,000+ employees
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
4.0
Functionality
4.0
March 2020
Great for accounting
I've been using MYOB Advanced for accounting purposes. Accounting isn't generally my strong suit but this software makes it a lot easier.
Pros
MYOB Advanced has a clean interface that's easy to use, even if you're not advanced at accounting. Monthly as well as yearly reports are easy to set up and understand. I also like using the mobile app when I'm on the go and want to make quick entries.
Cons
MYOB Advanced seems to require updates more frequently than any other software I use. The updating process is generally very fast, but I don't usually see any changes in the software afterwards. It makes using the program a bit of a hassle when I simply want to make a quick entry but have to wait for the update to finish first.
June 2020
Anonymous
Company Size: 1 employee
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
June 2020
Is a great platform for advanced people
This program saves you time and money, if you have experienced the stress of not having everything in place when it comes to numbers, you can understand how good it is to have some relief. MYOB Advanced is the relief platform.
Pros
I like that it's a cloud platform that makes it easy to manage any business. If you struggle financially or administrative and need help managing it, you should use MYOB. Besides, you can get a free demo to make sure it's for your business.
Cons
It is not as intuitive has a used to think still, once I try it I could figure out all the amazing things I could get from this ERP platform. I really worth it.
April 2020
Peter Junior from Catholic Relief Services
Company Size: 501-1,000 employees
Industry: Computer Software
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
4.0
Functionality
4.0
April 2020
Good Software
Pros
Lovely app with great services. And good customer services
Cons
None. So far the software is great and lovely
May 2020
Anonymous
Company Size: 201-500 employees
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
5.0
Functionality
5.0
May 2020
Great for any large scaled organizations
Real time data makes for seamless and fast processing due to cloud-based management!
Pros
Ease of use and vast avaibility of features for the organization
Cons
A bit hard to nagivate and get the hang of the tool at first, there is a learning curve for those new to this technology.