About MYOB Advanced Business

MYOB Advanced is a cloud-based enterprise resource planning (ERP) solution that enables businesses to streamline processes related to sales, inventory management, payroll, customers, accounting and more. Professionals can utilize the platform to create projects using in-built templates, generate invoices and handle weekly, monthly, quarterly and custom billing processes. Key features of MYOB Advanced include workflow management, audit trail, drag-and drop interface, timecards and personalized dashboards. Administrators can manage marketing campaigns, track equipment, set up maintenance schedules and utilize an application programming interface (API) to connect the software with several third-party platforms. Additionally, it lets supervisors gain visibility into business activities via reports, data visualization capabilities and more. MYOB Advanced provides mobile applications for Android and iOS devices, which helps professionals create tasks, enter expense claims/receipts and review documents, even from remote locations. Pricing is available on request and support is extended via phone, documentation and other online measures.
MYOB Advanced Business Software - MYOB Advanced data visualization
MYOB Advanced Business Software - Project Dashboard
MYOB Advanced Business Software - Budgeting Report
MYOB Advanced Business video
MYOB Advanced Business Software - MYOB Advanced data visualization - thumbnail
MYOB Advanced Business Software - Project Dashboard - thumbnail
MYOB Advanced Business Software - Budgeting Report - thumbnail

MYOB Advanced Business pricing

MYOB Advanced Business does not have a free version.

Starting Price:
Not provided by vendor
Pricing Details:
Contact MYOB for detailed pricing information.
Free Version:
No
Free trial:
N/A

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MYOB Advanced Business Reviews

Feature rating

Value for Money
4.5
Functionality
4.5
Ease of Use
4.6
Customer Support
4.6
5 reviews of 27 View all reviews
Roxanne F.
  • Industry: Arts & Crafts
  • Company size: 2-10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 18/12/2018

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.

Wyclife B.
  • Industry: Nonprofit Organisation Management
  • Company size: 501-1,000 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
4
Features
3
Ease of Use
5
Customer Support
5

4
Reviewed on 20/04/2020

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.

Alternatives Considered

Xero

Reasons for Choosing MYOB Advanced Business

The organization grew, and we needed something that could accommodate our growth better and hence the switch.

Reasons for Switching to MYOB Advanced Business

The alternatives had poor customer service to start off.
Verified Reviewer
  • Industry: Information Technology & Services
  • Company size: 11-50 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
0
Features
3
Ease of Use
3
Customer Support
0

3
Reviewed on 31/07/2021

Was great many years ago

Pros

Since we have been using MYOB for many years the interface is well known (hasn't been upgraded in 10+ years)

Cons

Old style interface, old style architecture, really needs a whole new design

Yo D.
  • Industry: Hospitality
  • Company size: 2-10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
5

4
Reviewed on 1/10/2020

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.

Alternatives Considered

QuickBooks Desktop Enterprise and Xero

Reasons for Switching to MYOB Advanced Business

Accountant uses MYOB and it seemed simpler to use the same.
Bhavik J.
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
4
Features
5
Ease of Use
5
Customer Support
3

4
Reviewed on 27/03/2020

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.

Alternatives Considered

SAP S/4HANA Cloud

Reasons for Switching to MYOB Advanced Business

Better feature set and advanced cloud functionalities.

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