Microsoft Dynamics GP vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics GP
Score 6.8 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.N/A
MYOB
Score 7.7 out of 10
N/A
MYOB now has a suite of subscription-based products and a browser-based accounting product that was released in August 2010. On 24 October 2012, MYOB released AccountRight Live - the cloud-enabled version of its flagship product. MYOB competes with Xero and QuickBooks.
$11
per month
Pricing
Microsoft Dynamics GPMYOB
Editions & Modules
No answers on this topic
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
Offerings
Pricing Offerings
Microsoft Dynamics GPMYOB
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics GPMYOB
Features
Microsoft Dynamics GPMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.6
Ratings
16% below category average
MYOB
10.0
Ratings
26% above category average
Pay calculation6.00 Ratings10.00 Ratings
Benefit plan administration7.00 Ratings10.00 Ratings
Direct deposit files7.00 Ratings10.00 Ratings
Salary revision and increment management7.00 Ratings10.00 Ratings
Reimbursement management6.00 Ratings10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
Ratings
9% below category average
MYOB
10.0
Ratings
27% above category average
API for custom integration7.00 Ratings10.00 Ratings
Plug-ins7.00 Ratings10.00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
6.5
Ratings
25% below category average
MYOB
10.0
Ratings
18% above category average
Single sign-on capability6.00 Ratings10.00 Ratings
Role-based user permissions7.00 Ratings10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
16% below category average
MYOB
10.0
Ratings
24% above category average
Dashboards7.00 Ratings10.00 Ratings
Standard reports7.00 Ratings10.00 Ratings
Custom reports6.00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
15% below category average
MYOB
9.1
Ratings
16% above category average
Accounts payable6.00 Ratings10.00 Ratings
Accounts receivable7.00 Ratings10.00 Ratings
Cash management6.00 Ratings10.00 Ratings
Bank reconciliation6.00 Ratings10.00 Ratings
Expense management7.00 Ratings10.00 Ratings
Time tracking7.00 Ratings6.00 Ratings
Fixed asset management6.00 Ratings10.00 Ratings
Multi-currency support8.00 Ratings10.00 Ratings
Multi-division support7.00 Ratings10.00 Ratings
Regulations compliance6.00 Ratings10.00 Ratings
Electronic tax filing7.00 Ratings5.10 Ratings
Self-service portal7.00 Ratings6.30 Ratings
Global Financial Support6.00 Ratings10.00 Ratings
Primary and Secondary Ledgers7.00 Ratings10.00 Ratings
Intercompany Accounting6.00 Ratings10.00 Ratings
Localizations8.00 Ratings10.00 Ratings
Journals and Reconciliations7.00 Ratings10.00 Ratings
Enterprise Accounting6.00 Ratings2.80 Ratings
Configurable Accounting7.00 Ratings10.00 Ratings
Centralized Rules Framework6.00 Ratings10.00 Ratings
Standardized Processes7.00 Ratings10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
6.8
Ratings
8% below category average
MYOB
10.0
Ratings
31% above category average
Inventory tracking7.00 Ratings10.00 Ratings
Automatic reordering6.00 Ratings10.00 Ratings
Location management8.00 Ratings10.00 Ratings
Manufacturing module6.00 Ratings10.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
14% below category average
MYOB
10.0
Ratings
26% above category average
Pricing6.00 Ratings10.00 Ratings
Order entry7.00 Ratings10.00 Ratings
Credit card processing7.00 Ratings10.00 Ratings
Cost of goods sold6.00 Ratings10.00 Ratings
Order Orchestration8.00 Ratings10.00 Ratings
End-to-end order visibility7.00 Ratings10.00 Ratings
Order exception Resolution6.00 Ratings10.00 Ratings
Best Alternatives
Microsoft Dynamics GPMYOB
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 8.9 out of 10
Zoho Books
Zoho Books
Score 8.9 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Microsoft Dynamics GPMYOB
Likelihood to Recommend
7.0
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
9.9
(0 ratings)
9.5
(0 ratings)
Usability
8.0
(0 ratings)
10.0
(0 ratings)
Availability
10.0
(0 ratings)
-
(0 ratings)
Performance
7.0
(0 ratings)
-
(0 ratings)
Support Rating
7.0
(0 ratings)
1.2
(0 ratings)
Implementation Rating
8.2
(0 ratings)
5.0
(0 ratings)
Ease of integration
-
(0 ratings)
1.0
(0 ratings)
Product Scalability
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
Microsoft Dynamics GPMYOB
Likelihood to Recommend
It does accounting really well, it does payroll not so well. I say this because when you get into states that have complicated payroll laws like California, overtime calculations are hard to setup and get right. Same goes for other states when they do out of the normal pay structure like piece rate pay. It does HR, A/P and A/R really well and we have had no issues on that side; just payroll when it comes to certain states and how we do anything that is not salary or hourly.
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For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
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Pros
  • User friendly interface
  • Able to be extended into multiple areas of your business
  • One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
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  • MYOB is very easy to navigate and find the correct information.
  • The Help section was very straight forward and very easy to learn.
  • MYOB was a great accounting tool for our business as it provided the accountant, sales, etc all of the information they need all in one place.
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Cons
  • Having an integration between Project Accounting and Field Service would be amazing! There are so many companies that have service technicians that perform work on a customer's contract but also have a need for project accounting functionality within that customer's contract. Right now those modules are separate so you either need to use one or duplicate some efforts if you need to use both.
  • Microsoft Dynamics GP could do a better job documenting their new enhancements to the product. They realize great enhancements but the documentation about them, or new products, is lacking so it is difficult as a consultant to know everything a new feature can do for me and my customers.
  • They could enhance their forecasting capabilities with a new forecasting tool within Management Reporter.
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  • [In my opinion,] horrible interface to import data
  • [In my opinion,] user interface stuck in 1995
  • Needs improvement to usability
  • Contestant price increases
  • [In my opinion,] new in-app advertising is annoying
  • Countless different windows to do simple tasks like onboard an employee
  • [In my experience,] too slow
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Likelihood to Renew
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
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We have been looking in to other cloud based accounting options.
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Usability
Overall usability of the older model is not quite so user friendly for the basic bookeeper, but at an accountants level we can generate all the necessary reports and create Sales Orders, Purchase orders and invoices - though it is a bit redundant to enter the sales and purchase orders separately instead of being able to convert a sales order directly to a puchase order by applying a price book like the newer versions can.
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Still 10 for me, I have no problem at all using this toll even it hangs sometimes, I need to log in again to refresh it and it always ask to update the MYOB app. i Also like the security of this platform, iT always asks for the code (before logging in.
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Support Rating
The rating is directed to the thrid party serive provider that we use. I do not now how good the Microsoft direct support is.
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MYOB accounting software basically works but looks and functions like 1998. Unfortunately their Antipiracy licensing system is absolutely TERRIBLE and verging on nearly criminal, scam! You must CONFIRM each and every data file and when it doesnt work you have to PAY THEM to fix their own file protection issues. If you dont pay them, they hold your data hostage as your company accounting information file becomes READ ONLY. Permantly, unless you pay them. This is a total extortion SCAM. I cannot believe a company can operate this way. With a lot of better product available... i dont imagine MYOB is going to survive much longer.
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Implementation Rating
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
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No answers on this topic
Alternatives Considered
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
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I found Xero just a little to plain for my liking, I went with MYOB for my second business as it was easier to do this, and I already knew how it all worked. Xero does have a few features that are pretty good, but overall I think MYOB is a better product.
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Scalability
The functionality that GP and related ISV solutions offer and the ease of integration of GP to other systems makes it an extremely scalable solution
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No answers on this topic
Return on Investment
  • If implemented properly, the product can save many hours of data entry time - specifically by setting up integrations of large data sets.
  • Many times the underlying business process must be adjusted to accommodate software limitations. By being flexible, a company can leverage their users' skills in combination with GP to make data entry faster and more efficient. I have seen many companies eliminate the need for data entry personnel as well as reallocate employee hours to more skilled positions such as reporting and analytics.
  • Poor implementations, on the other hand, can cause employees to hate their jobs and the software. This isn't specific to GP but to the software industry in general.
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  • Made a life a lot easier by removing a lot of separate entries in multiple excel sheets
  • With all of the relevant information in one place, it is easier to process payments.
  • Most of the business only have one person doing the payroll compared to the team effort.
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ScreenShots