MYOB vs. QuickBooks Online

MYOB

QuickBooks Online

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
MYOB	Score7.7 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
QuickBooks Online	Score8.3 out of 10	N/A	QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.	$38 per month

Pricing

MYOB

QuickBooks Online

Solo: $11
per month
Lite: $34
per month
Pro: $63
per month
Premier: $88.50
per month
Account Right Plus: $150
per month

Simple Start: $38
per month
Essentials: $75
per month
Plus: $115
per month
Advanced: $275
per month

Pricing Offerings
MYOB	QuickBooks Online
Free Trial
Yes	Yes
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	Yes

No setup fee

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Community Pulse
Key User Insights
	MYOB	QuickBooks Online
Considered Both Products	MYOB Rikki Mae Corpuz Accountant in Finance and Accounting at Integration Kings (Accounting, 11-50 employees) Chose MYOB I selected MYOB because most of our clients are using this tool, this is the most convenient accounting software for them that's why we adopted MYOB app and MYOB website. We also covered a training for our clients to make them see that this accounting tool is easily to use. Incentivized Helpful? Sandra Karamitelios Director in Corporate at Recruitment Central (Qld) Pty Ltd (Staffing & Recruiting, 1-10 employees) Chose MYOB The invoicing is much easier on Quickbooks - I currently use both. Incentivized Helpful? Julia Billyard J.P. Owner / Games Master at Elude Escape Rooms (Entertainment, 1-10 employees) Chose MYOB I did a trial run on Xero I had trouble finding how to set up things, the customer support was terrible. The support you get from MYOB when you need it is really good. Incentivized Helpful?	Intuit Verified User Chose QuickBooks Online Really have not used any other small business accounting software in the past 5 years due to QB dominance in the small business accounting space. We used to use MYOB which is now accounting edge many years ago. Incentivized Helpful? Verified User Chose QuickBooks Online Xero has alot of dead ends, you cant click through to things, you have to go all the way back out, theres no shortcuts, so it takes alot of time. With both, the transactions dont let you know they are connected to a bank feed transactions, you are just assuming they are until … Incentivized Helpful?
	Would buy again
	No answers on this topic	No answers on this topic
	Delivers good value for the price
	No answers on this topic	No answers on this topic
	Happy with the feature set
	No answers on this topic	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic	No answers on this topic
	Implementation went as expected
No answers on this topic	No answers on this topic

Features

MYOB

QuickBooks Online

Comparison of Payroll Management features of MYOB and QuickBooks Online
Feature	MYOB 10.0 12 Ratings	QuickBooks Online 8.5 81 Ratings
Pay calculation	10.012 Ratings	7.872 Ratings
Benefit plan administration	10.08 Ratings	7.033 Ratings
Direct deposit files	10.010 Ratings	9.067 Ratings
Salary revision and increment management	10.08 Ratings	9.046 Ratings
Reimbursement management	10.08 Ratings	9.548 Ratings

Comparison of Customization features of MYOB and QuickBooks Online
Feature	MYOB 10.0 7 Ratings	QuickBooks Online 8.3 71 Ratings
API for custom integration	10.07 Ratings	8.757 Ratings
Plug-ins	10.06 Ratings	8.058 Ratings

Comparison of Security features of MYOB and QuickBooks Online
Feature	MYOB 10.0 12 Ratings	QuickBooks Online 9.7 112 Ratings
Single sign-on capability	10.011 Ratings	9.684 Ratings
Role-based user permissions	10.012 Ratings	9.7106 Ratings

Comparison of Reporting & Analytics features of MYOB and QuickBooks Online
Feature	MYOB 10.0 12 Ratings	QuickBooks Online 8.1 136 Ratings
Dashboards	10.011 Ratings	8.6128 Ratings
Standard reports	10.012 Ratings	8.2132 Ratings
Custom reports	10.011 Ratings	7.5120 Ratings

Comparison of General Ledger and Configurable Accounting features of MYOB and QuickBooks Online
Feature	MYOB 9.1 16 Ratings	QuickBooks Online 8.5 147 Ratings
Accounts payable	10.016 Ratings	9.1125 Ratings
Accounts receivable	10.016 Ratings	9.4135 Ratings
Cash management	10.015 Ratings	8.7123 Ratings
Bank reconciliation	10.016 Ratings	9.1141 Ratings
Expense management	10.012 Ratings	8.7125 Ratings
Time tracking	6.07 Ratings	6.957 Ratings
Fixed asset management	10.09 Ratings	8.155 Ratings
Multi-currency support	10.08 Ratings	7.024 Ratings
Multi-division support	10.07 Ratings	9.245 Ratings
Regulations compliance	10.09 Ratings	9.241 Ratings
Electronic tax filing	5.19 Ratings	9.368 Ratings
Self-service portal	6.37 Ratings	8.869 Ratings
Global Financial Support	10.06 Ratings	8.118 Ratings
Primary and Secondary Ledgers	10.08 Ratings	8.737 Ratings
Intercompany Accounting	10.06 Ratings	8.731 Ratings
Localizations	10.06 Ratings	8.123 Ratings
Journals and Reconciliations	10.012 Ratings	9.376 Ratings
Enterprise Accounting	2.84 Ratings	8.127 Ratings
Configurable Accounting	10.09 Ratings	7.740 Ratings
Centralized Rules Framework	10.04 Ratings	8.426 Ratings
Standardized Processes	10.08 Ratings	8.552 Ratings

Comparison of Inventory Management features of MYOB and QuickBooks Online
Feature	MYOB 10.0 9 Ratings	QuickBooks Online 7.5 49 Ratings
Inventory tracking	10.09 Ratings	8.046 Ratings
Automatic reordering	10.06 Ratings	7.023 Ratings
Location management	10.06 Ratings	8.123 Ratings
Manufacturing module	10.06 Ratings	7.018 Ratings

Comparison of Order Management features of MYOB and QuickBooks Online
Feature	MYOB 10.0 7 Ratings	QuickBooks Online 8.4 90 Ratings
Pricing	10.07 Ratings	8.056 Ratings
Order entry	10.07 Ratings	8.054 Ratings
Credit card processing	10.06 Ratings	8.666 Ratings
Cost of goods sold	10.07 Ratings	9.370 Ratings
Order Orchestration	10.05 Ratings	8.022 Ratings
End-to-end order visibility	10.05 Ratings	9.021 Ratings
Order exception Resolution	10.05 Ratings	8.019 Ratings

User Ratings
	MYOB	QuickBooks Online
Likelihood to Recommend	9.0 (19 ratings)	8.8 (165 ratings)
Likelihood to Renew	9.5 (2 ratings)	1.9 (24 ratings)
Usability	10.0 (15 ratings)	8.8 (80 ratings)
Availability	- (0 ratings)	2.0 (5 ratings)
Performance	- (0 ratings)	1.0 (4 ratings)
Support Rating	1.2 (14 ratings)	1.1 (68 ratings)
Implementation Rating	5.0 (1 ratings)	3.0 (6 ratings)
Configurability	- (0 ratings)	10.0 (1 ratings)
CPA Rating	- (0 ratings)	7.4 (18 ratings)
Ease of integration	1.0 (1 ratings)	1.3 (2 ratings)
Product Scalability	- (0 ratings)	1.0 (2 ratings)
Vendor post-sale	- (0 ratings)	1.0 (2 ratings)
Vendor pre-sale	- (0 ratings)	1.0 (2 ratings)

MYOB vs. QuickBooks Online

MYOB

QuickBooks Online

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