MYOB vs. QuickBooks Desktop Pro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 7.6 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
QuickBooks Desktop Pro
Score 7.8 out of 10
N/A
Quickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.N/A
Pricing
MYOBQuickBooks Desktop Pro
Editions & Modules
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
No answers on this topic
Offerings
Pricing Offerings
MYOBQuickBooks Desktop Pro
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MYOBQuickBooks Desktop Pro
Features
MYOBQuickBooks Desktop Pro
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
Ratings
26% above category average
QuickBooks Desktop Pro
9.3
Ratings
19% above category average
Pay calculation10.00 Ratings9.90 Ratings
Benefit plan administration10.00 Ratings9.80 Ratings
Direct deposit files10.00 Ratings9.90 Ratings
Salary revision and increment management10.00 Ratings9.90 Ratings
Reimbursement management10.00 Ratings7.30 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
10.0
Ratings
27% above category average
QuickBooks Desktop Pro
7.9
Ratings
3% above category average
API for custom integration10.00 Ratings8.00 Ratings
Plug-ins10.00 Ratings7.80 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
Ratings
18% above category average
QuickBooks Desktop Pro
10.0
Ratings
18% above category average
Single sign-on capability10.00 Ratings10.00 Ratings
Role-based user permissions10.00 Ratings10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
10.0
Ratings
24% above category average
QuickBooks Desktop Pro
10.0
Ratings
24% above category average
Dashboards10.00 Ratings10.00 Ratings
Standard reports10.00 Ratings10.00 Ratings
Custom reports10.00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MYOB
9.1
Ratings
16% above category average
QuickBooks Desktop Pro
9.5
Ratings
20% above category average
Accounts payable10.00 Ratings10.00 Ratings
Accounts receivable10.00 Ratings10.00 Ratings
Cash management10.00 Ratings10.00 Ratings
Bank reconciliation10.00 Ratings10.00 Ratings
Expense management10.00 Ratings10.00 Ratings
Time tracking6.00 Ratings8.70 Ratings
Fixed asset management10.00 Ratings10.00 Ratings
Multi-currency support10.00 Ratings10.00 Ratings
Multi-division support10.00 Ratings10.00 Ratings
Regulations compliance10.00 Ratings7.20 Ratings
Electronic tax filing5.10 Ratings10.00 Ratings
Self-service portal6.30 Ratings9.70 Ratings
Global Financial Support10.00 Ratings7.00 Ratings
Primary and Secondary Ledgers10.00 Ratings8.80 Ratings
Intercompany Accounting10.00 Ratings10.00 Ratings
Localizations10.00 Ratings8.50 Ratings
Journals and Reconciliations10.00 Ratings10.00 Ratings
Enterprise Accounting2.80 Ratings10.00 Ratings
Configurable Accounting10.00 Ratings10.00 Ratings
Centralized Rules Framework10.00 Ratings10.00 Ratings
Standardized Processes10.00 Ratings10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
10.0
Ratings
31% above category average
QuickBooks Desktop Pro
6.7
Ratings
9% below category average
Inventory tracking10.00 Ratings6.40 Ratings
Automatic reordering10.00 Ratings6.10 Ratings
Location management10.00 Ratings6.20 Ratings
Manufacturing module10.00 Ratings8.20 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MYOB
10.0
Ratings
26% above category average
QuickBooks Desktop Pro
8.3
Ratings
7% above category average
Pricing10.00 Ratings10.00 Ratings
Order entry10.00 Ratings10.00 Ratings
Credit card processing10.00 Ratings7.10 Ratings
Cost of goods sold10.00 Ratings10.00 Ratings
Order Orchestration10.00 Ratings9.00 Ratings
End-to-end order visibility10.00 Ratings9.00 Ratings
Order exception Resolution10.00 Ratings3.20 Ratings
User Ratings
MYOBQuickBooks Desktop Pro
Likelihood to Recommend
9.0
(0 ratings)
9.9
(0 ratings)
Likelihood to Renew
9.5
(0 ratings)
10.0
(0 ratings)
Usability
10.0
(0 ratings)
10.0
(0 ratings)
Availability
-
(0 ratings)
8.3
(0 ratings)
Support Rating
1.2
(0 ratings)
1.2
(0 ratings)
In-Person Training
-
(0 ratings)
10.0
(0 ratings)
Implementation Rating
5.0
(0 ratings)
9.0
(0 ratings)
Ease of integration
1.0
(0 ratings)
-
(0 ratings)
Product Scalability
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
MYOBQuickBooks Desktop Pro
Likelihood to Recommend
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
Read full review
I am only going to recommend it because it is currently ubiquitous, and most accountants prefer it at the moment. I do not stand by the company, and will not use the product any longer than I have to. [I believe] the support is lousy, the product is overpriced, but it does the basics of what we need. I'm very happy for all those outside Intuit who make their living supporting QuickBooks Desktop Pro; third-party support is desperately needed. They also doubled their prices for software upgrades this year, and require those who don't pay double what the last upgrade cost, to subscribe every year for $200. If one does not subscribe beyond the first year, one will not be able to use the software beyond the first year. They are moving to a rental model even for those who refuse to use the LOUSY QuickBooks online. They were good company once. Now they just turn out bloatware that everyone uses, so the rest of us have to. I look forward to the day that an honest, better-priced competitor wipes the floor with Intuit.
Read full review
Pros
  • 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.
Read full review
  • It is easy to manage and adjust inventory on hand.
  • It is easy to make reports and customize them to your needs.
  • We also use it to pay our employees directly.
  • It is easy to make year-to-year comparisons to see where we can make improvements and the current financial situation.
Read full review
Cons
  • [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
Read full review
  • QuickBooks Desktop Pro has been around for a few years and after an update[,] they force you to look at the changes/updates before you can use [them] after updating.
  • QuickBooks Desktop Pro does not have 2FA.
  • QuickBooks Desktop Pro should offer a way to store backups to a personal cloud without having to map a local network drive.
Read full review
Likelihood to Renew
We have been looking in to other cloud based accounting options.
Read full review
We use it with all our clients and have several QuickBooks Pro Advisors and will renew and continue to use it with our client base. It is easy to use, helps with collecting annual data and makes compiling of information for filing annual tax returns much easier. It makes our job a lot easier, than using manual records.
Read full review
Usability
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.
Read full review
QuickBooks Desktop Pro can be daunting at first. It has the ability to do nearly everything you will ever need in accounting but that means there are a lot of features to learn. It's always best to have an experienced user to guide you with the initial setup as it can be a bit overwhelming.
Read full review
Reliability and Availability
No answers on this topic
I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
Read full review
Support Rating
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.
Read full review
I was a BIG fan of QuickBooks support for a very long time up until recently. The representatives were well trained and wanted to solve your problem for you, as a human, not as just a customer. In my recent experiences I feel as though that is no longer so. My last conversation was appalling. The representative only read the narrative provided over and over and would not send me on to a supervisor. Finally I hung up and called back. On this try, I was passed from department to department. I was not presented with a solution until I posted a rant on their Facebook page. It amazes me that I had to publicly complain to get results.
Read full review
In-Person Training
No answers on this topic
Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
Read full review
Implementation Rating
No answers on this topic
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
Read full review
Alternatives Considered
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.
Read full review
Quickbooks Desktop Pro is much simple and easier to use, so it fits better to the ticket of our small non-profit organization needs. The other options are either, or both, more pricy and complicated. For example, the implementation for QuickBooks Desktop Pro was simple enough for me to do so in-house with training courses available and phone calls to a customer service representative or implementation expert accessible.
Read full review
Return on Investment
  • 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.
Read full review
  • Clean and accurate bookkeeping records [have] made reporting and sharing information with tax accountants a breeze.
  • Invoicing out of QB is a bit slow and time-consuming[,] unfortunately, so we were forced to choose another software to integrate.
  • A great way to have all accounting needs in one place - AP, AR, Reporting, etc.
Read full review
ScreenShots