Overall Satisfaction with MYOB
I prepare monthly financial statements for a Client who uses MYOB. They bring me a backup and I prepare adjusting entries and reconciliations.
- Its clean
- allows you to undo a reconciliation
- easy to use
- Allows the client to manipulate dates when that can screw up their books
- constantly freezes which causes the file to be corrupt
- force balances the balance sheet
- A software doesn't have any impact on ROI
It was selected only because it works with MAC. I prefer Thomson Reuter softwares. Software like QuickBooks and MYOB allows uneducated clients to manipulate their numbers when they shouldn't. This makes more work for everyone.
MYOB Feature Ratings
Using MYOB
1 - Reconciliation, Adjusting Journal Entries
No skills in support
- allow the client to use the software they want
- provide financial statements
- inventory
- allow the client to use the software they want
- financial statements
- inventory
- if other clients want to use this software, we can use it to give them what they want
- financial statements
- inventory
Evaluating MYOB and Competitors
- Third-party Reviews
The client uses this software, therefore I have to use it to make adjustments for the client.
I would advise the client to use quickbooks
MYOB Implementation
- Implemented in-house
Change management was minimal - no lessons were taken away
- time
- no support
- client
MYOB Support
Pros | Cons |
---|---|
None | None |
No - My client doesn't want to pay for something that should be free
Using MYOB
Pros | Cons |
---|---|
Easy to use Technical support not required Quick to learn Feel confident using Familiar | Do not like to use Unnecessarily complex |
- Reports
- Banking
- Inventory
- Accounts Payable
Integrating MYOB
- None
None
- Quickbooks
None
- File import/export
Excel
Integrate more
Upgrading MYOB
Yes - Yes
- Cleaner look
- more reports
- help the client
- more report options
- more banking options
- more regulations