3.8 out of 5 by Capterra

MYOB: Streamlining Accounting, Payroll, and Business Management for Australian Businesses

MYOB is an Australian-based platform offering scalable accounting, payroll, and business management solutions for small to medium businesses, sole traders, and freelancers. With tools for invoicing, expense tracking, and compliance, MYOB helps businesses streamline their financial operations and make informed decisions.

Key Features

  • Invoicing and Billing: Create and send professional invoices with customizable templates, automating tracking and payment reminders.

  • Payroll Management: Automate payroll calculations, ensure compliance with tax regulations, and generate payslips, simplifying employee payroll processes.

  • Expense Tracking: Monitor business expenses in real-time, categorize expenditures, and maintain financial oversight.

  • Inventory Management: Track stock levels, manage orders efficiently, and receive alerts for low inventory, ensuring a smooth supply chain.

  • Financial Reporting: Generate detailed financial reports, providing insights into business performance for informed decision-making.

  • Offline Accessibility: Operate without internet connectivity, allowing uninterrupted financial management in diverse environments.

Ideal Customer Profile

  • Small to Medium Businesses: Designed for businesses seeking efficient accounting and payroll solutions to streamline financial operations.

  • Sole Traders and Freelancers: Tailored for individuals requiring simple tools to manage invoicing, expenses, and tax obligations.

  • Companies Seeking Compliance Assurance: Ideal for businesses aiming to adhere to Australian tax laws and regulations through automated calculations and reporting.

Address

Level 3, 168 Cremorne St, Cremorne, VIC 3121

Video

Reviews

Katrina

Senior Accountant in Australia

Verified LinkedIn User
Accounting, 11-50 Employees

Used the Software for: 2+ years

6 years ago

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.

Easy to use and well laid out for the end user. Is great for small operations with complex needs.

Easy to use and well laid out for the end user. Is great for small operations with complex needs.

Brendan

Actor/Writer/Producer in Australia

Entertainment, 2-10 Employees
Used the Software for: 2+ years

Full of features2 years ago

2 years ago

Great option for those doing the day to day business. May be a little expensive for those just starting out.

Packed with features for invoicing and accounting needs.

Very expensive when compared to similar products.

Alternatives Considered:

  • Xero

Anonymous Reviewer

Financial Services, 2-10 Employees
Used the Software for: 2+ years

MYOB - old school, but not in the best way

6 months ago

It’s been a favourable relationship, however time to move on. A very old school accounting software program which hasn’t changed, but easy to follow along with the experience.

A very old school accounting software program which hasn’t changed – still relies on users to understand basic accounting, which small business owners do not.

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