MYOB-anmeldelse: Fordele, ulemper, funktioner og priser

MYOB udmærker sig ved at tilbyde fleksible regnskabsløsninger, der nemt imødekommer både små virksomheder og større koncerner.

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MYOB is an accounting software built for small and medium-sized businesses operating in Australia and New Zealand. It covers invoicing, payroll, tax compliance, and BAS lodgement in one platform. I'd consider it over Xero if your team needs more built-in payroll functionality without leaning on third-party add-ons, particularly if you're managing complex award rates or multi-entity payroll within a single subscription.

MYOB Evaluation Summary

Cloud accounting for invoicing, payroll, expenses, reporting, and tax compliance.
Customer rating

3.8/5

Pricing
  • From $21/month
  • 14-day free trial available

Why Trust Our Software Recommendations

6,700+

Reviews

20

Industry experts

16+

Evaluation factors

14

Years

Our team has been testing and reviewing software since 2012. As finance leaders ourselves, we know how difficult—and important—it is to choose the right software.

For this guide, we evaluated tools using hands-on testing and independent research, scoring tools using our selection criteria.

Our reviews reflect our human editorial judgment, not a sales pitch.

MYOB Overview

MYOB is a solid choice for sole traders and businesses seeking reliable bookkeeping and accounting solutions, especially small business owners and medium-sized enterprises. Its core features are robust, but its standout features may not be as advanced as those of some competitors. 

Pricing can be high for the features offered, but its ease of use and customer support are commendable. If you're seeking a tool that doesn't require extensive training for your team, MYOB could be a good fit. However, if your business needs extensive integrations or advanced features, you should compare it with other options.

Pros

  • You can easily manage your payroll, timesheets, and employee records.
  • It offers strong reporting tools for tracking your finances.
  • Your team will appreciate its user-friendly interface.

Cons

  • The setup process may be lengthy.
  • It lacks some advanced features found in other tools.
  • Your team might experience occasional software updates that disrupt usage.

Is MYOB Right For Your Needs?

Who Would be a Good Fit for MYOB?

MYOB is a good fit for small to medium-sized businesses, based in Australia and New Zealand, that need straightforward financial management without complex integrations. If your team works in retail or construction, MYOB's single touch payroll and reporting features will help you manage finances efficiently. Accounting teams that require user-friendly interfaces will find it appealing. Its capabilities make it suitable for businesses that prioritize ease of use over advanced features.

  • Small Retail Stores
    MYOB simplifies inventory and payroll management, making it ideal for small retail operations.
  • Construction Companies
    You can easily track project expenses and manage budgets with MYOB's financial tools.
  • Accounting Teams
    Its user-friendly interface helps your team focus on analysis without getting bogged down in software complexity.
  • Payroll Departments
    MYOB's payroll features make it easier to manage employee records and processing.
  • Service-Based Businesses
    You can efficiently handle billing and client management with MYOB's robust reporting tools.
  • Non-Profits
    MYOB helps you track donations and manage funds with its straightforward financial management features.

Who Would be a Bad Fit for MYOB?

MYOB isn't ideal for large enterprises that need advanced integrations and custom features. If your team operates in the tech or finance sectors, which require cutting-edge analytics and reporting, MYOB's tools might not suffice. 

Businesses demanding extensive automation and scalability will find MYOB limiting. It's not suited for companies that rely heavily on real-time data integration and advanced financial modeling.

  • Large Enterprises
    MYOB lacks the advanced features and scalability that large corporations need for complex financial operations.
  • Tech Startups
    Your tech company might need more innovative analytics and integration capabilities than MYOB offers.
  • Finance Firms
    MYOB's basic reporting tools might not meet the sophisticated needs of finance professionals.
  • Manufacturing Companies
    Complex supply chain and inventory management might be too much for MYOB's simpler systems.
  • Global Corporations
    If your company operates internationally, MYOB's limited multi-currency support could be a drawback.
  • Data-Driven Teams
    Teams that rely on real-time data and advanced analytics might find MYOB's offerings insufficient.

Core Features

Payroll Management: Easily handle employee payments and record-keeping with MYOB's payroll tools. It simplifies tax calculations and ensures compliance.

Financial Reporting: MYOB offers detailed financial reports that help you track your business's performance. From balance sheets and cash flow to forecasting, these reports are easy to generate and customize.

Expense Tracking: Keep a close eye on your bank accounts with MYOB's tracking feature. It lets you categorize expenses for better analysis.

Invoicing: MYOB allows you to quickly create and send invoices. Customize them to fit your brand and track payments effortlessly.

Budgeting: Plan your finances by setting budgets within MYOB. Monitor your spending against these budgets to stay on track.

Bank Reconciliation: MYOB simplifies the process by matching your records to bank statements. This feature helps you spot discrepancies quickly.

MYOB screenshot
Runs payroll with leave & super tracking plus ATO STP reporting.

Ease of Use

MYOB is reasonably user-friendly, offering an intuitive interface that makes it easy for your team to navigate its core features. The straightforward design helps you manage tasks like invoicing and payroll without a steep learning curve. 

While the setup might take some time, once you're up and running, daily operations run smoothly. If your team values simplicity in accounting systems, MYOB offers a reliable and efficient user experience.

MYOB screenshot
User-friendly UI for invoicing/payroll; setup takes time but runs smoothly.

Integrations

MYOB integrates with PayPal, Shopify, BigCommerce, Magento, WooCommerce, Tanda, Deputy, Receipt Bank, Expensify, and HubSpot.

MYOB also offers an API for custom integrations and connects with third-party integration tools.

MYOB screenshot
MYOB connects with PayPal, Shopify, WooCommerce, Tanda, Deputy, and more.

MYOB Specs

  • 2-Factor Authentication: Yes
  • Accounts Payable: Yes
  • Accounts Receivable: Yes
  • API: Yes
  • Balance Sheet: Yes
  • Billing/Invoicing: Yes
  • BitCoin: No
  • Budgeting: Yes
  • Calendar Management: No
  • Contact Management: Yes
  • CRM Integration: No
  • Customer Management: Yes
  • Dashboard: Yes
  • Data Export: Yes
  • Data Import: Yes
  • Data Visualization: Yes
  • Expense Tracking: Yes
  • External Integrations: Yes
  • Forecasting: Yes
  • General Account Ledger: Yes
  • Inventory Tracking: Yes
  • Multi-Currency: Yes
  • Multi-User: Yes
  • Notifications: Yes
  • P&L: Yes
  • PayPal: Yes
  • Payroll: Yes
  • SAP Integration: No
  • Stripe: No
  • Supplier Management: Yes
  • Tax Management: Yes

Alternatives to MYOB

MYOB FAQs