An online accounting software for businesses of any size in Australia or New Zealand.

Product Overview

MYOB Business is an accounting software designed primarily for small to medium-sized businesses. It includes features like payroll management, GST handling, invoice generation, and expense tracking. MYOB Business also facilitates efficient tax and superannuation calculations.

MYOB Business has separate plans such as Business Lite and Business Pro to better meet the exact needs of customers. Pricing for Lite starts at $15 per month. A standalone Payroll module is available for $10 per month. MYOB also integrates with various business systems like QuickBooks and Xero.

Pros

  • Connects to finternational banks with 150+ multi-currency support
  • A free 30-day trial is available
  • Integrates with 350+ third-party apps

Cons

  • Payroll is a standalone module
  • Primarily serves companies in Australia and New Zealand

Target Market

Small to medium-sized businesses in Australia or New Zealand, especially those in need of multi-currency support for international banking, accounts payable/receivable management, and payroll.

About MYOB Business

MYOB is a full-service online accounting system. It can handle accounts receivable/payable, payroll, time sheets, and all other accounting needs. But it also has powerful tools to consolidate multiple locations into one dashboard, track foreign currencies, and manage stocks.

MYOB’s reporting tools help businesses view their past and current inventory, revenue, payroll, human resources, and more, to help them make decisions for the future.

Video Overview

Features

  • Payroll
  • Invoicing
  • Reports and Budgets
  • Jobs Tracker
  • Track and Pay Bills and Expenses
  • Inventory and Supplier Management
  • Bank Reconciliation
  • Manage and Communicate with Customers
  • Cash Flow Management
  • Multi-Currency

Pricing

MYOB starts at $10/month. MYOB does offer a free trial. There is not a free vesion of MYOB.

Starting Price
$15 /month
Price Range Learn More
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Product Overview

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User Reviews of MYOB Business

★★★★★
★★★★★
Submitted on September 5th, 2022 by Ben Caplan

I purchased the software years ago. I used it on my Mac Plus computer. I was selling thousands of products relative to the Screen Printing business. Accounts Payable & Receivable, Sales Tax, Inventory…all the normal business functions. From my perspective the software was a perfect fit for my company.

★★★★★
★★★★★
Submitted on November 7th, 2016 by Joel Trethowan

It was a quick transition process and incredibly easy. Everything was managed from a migration perspective.

Our time spent using online accounting software on a monthly basis has actually decreased. It’s been beneficial [because] as a company, we don’t want to spend time running accounting software. We’ve got bigger business priorities to focus on, such as new business and really preparing for where we’re going to be in one, three and five years.