Customer Reviews

MYOB Plus 11

5 star:		(5)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(2)

 

 

I've been a user of QuickBooks Pro for a while but it was weak in the area of contact management and reporting. Was looking around and saw this product. Looked like it would do everything I was doing in QB Pro and get me where I wanted to go with contact tracking and reporting. So far I'm thrilled with the product and the company that creates it and supports it - MYOB.

The product is phenominal but before I get to that, let me tell you how easy it was to move my QB data to Plus. Plus comes with a utility that converts most of your QB information - especially handy when you have hundreds of customers and hundreds of inventory items. I converted this info in all of about 10 minutes. It does not convert past transactional data but that's not a problem for my business. I could care less about that stuff and I still keep QB on my hard drive in case I need to find an old check or invoice.

I find MYOB Plus very intuitive and forgiving. Also, I REALLY like a couple of features in general...
*The ability to send invoices via email.
*The entire contact management system.

MYOB is the only small business accounting package that can handle multiple currencies. Neither QUICKBOOKS nor PEACHTREE can handle multiple currencies. If you have customers or suppliers paying or billing in different currencies this is really your only option in a sub-$500 accounting package. The other big MYOB plus is its report generating capability - you can pretty much customise whatever you want. They currently have a $100 rebate offer (unlike QUICKBOOKS you do not need to be a prior user to qualify) so this is a screaming buy. Also note that MYOB is the market leader in pretty much every major market outside the U.S. MYOB spend their budget on PRODUCT DEVELOPMENT for major upgrades whilst most of their competitors spend their budget on ADVERTISING to support relatively minor annual upgrades (think about that for a minute...).

My hobby business as an online bookseller reached the stage where it was returning serious income and so I needed an accounting package to keep track of things and see if I had to pay income tax.

Not being an accountant, and not having a lot of spare money (or time!) to spend on dud software, I was a little dubious about these things, but I am pleased to report that MYOB has filled my needs perfectly.

That's probably because MYOB was aimed precisely at small businessmen like me. It is easy to learn, the user interface is intuitive and welcoming, and it is supremely powerful. It will keep my accounts for me, as well as help me grow my business, with a wide range of reports and analysis tools.

The manual and the various start wizards held my hand as I did tasks for the first time, until I gained the confidence to fly by myself. And I needed confidence, because even simple activities such as entering my first invoice filled me with the horrors. What if I got it wrong? Would my customers laugh at me? Would my accountant slug me thousands of dollars to unsnarl the mess when the time came to prepare my tax return?

Happy to report no mess, no fuss, no worries. This is not the hassle I feared - in fact it is kind of fun, and I frequently look through the reports to see my business growing before my eyes.

Thanks, MYOB!

I have been using MYOB for a number of years, and have just upgraded to Acoounting Plus, and love it.

The product is getting better all the time, but the user interface has some shortcomings. For instance you cannot view another time billing screen, without closing out the current one, which is a problem if you store notes, and are billing a client based on time. In this case you have to stop the billing timer in order to see the notes on another item.

The MDI interface works well, and all screens are refreshed at once if you change details. I am also able to remove entries and re-enter them which is good since I am an engineer and not an accountant.

I am finding that MYOB is good for keeping an eye on cash flow - something important for all businesses.

Wish List...
1. Integration with outlook (Contacts, Contact Logs etc)
2. More MDI, where more than one of each screen can be open at once
3. ToDo screen that comes up on startup ONLY if there is a ToDo.

Overall a good product

I recently purchased MYOB Plus and I'm glad I did. In my business, we were using various spreadsheets to keep track of different things. When I first started the business, that worked okay but quickly got out of control. I finally got smart and started using Plus to do what I'd been trying to re-invent with spreadsheets. I don't use all of the product but am very happy with how it's gone for me so far. For instance, I use Banking, Sales, Payroll and the Time Billing portions of the product. What really caught my eye were two things: 1)emailing quotes and invoices to clients and 2) reports. The reporting is phenominal.

I purchased this product based on previous reviews and reading the back of the box. This product is not for the retail store. If your business is based on invoicing single customers for projects or jobs and parts used, then this is your product. If you have any other sort of need, then avoid this product. I was sadly dissapointed to find this out after I already purchased it. There is no way to reconsile the inventory if you don't track each sale by each item number and by each customer. Anyway, live and learn.....

I've used this program for several years and I have now reached the view that it has too many shortcomings to be considered seriously. It's search facilities are the worst of any program I have ever used, limiting searches to company or persons last name. It has major problems coping with GST in Australia especially with General Journal entries which it treats erratically (often saving them with tax reversed, and the entry unbalanced). BASlink (an australian feature) crashes the program. The program is also very slow in version 11. If you decide to edit information from a few months ago as each entry will take 30 seconds to open, 30 seconds to close. Scrolling logs is difficult because the window loses the entries.

MYOB also has a bad record on upgrades, upgrading frequently for minor updates and charging full upgrade prices for all tax table updates. You are required to register the program (ie it is not an option). Bug fixes are called "feature enhancements" and charged for.

Not too complicated to learn.
Even manufacturers can use it...you can take inventory and combine it to make "new" inventory. Nice feature NOT found in QuickBooks.

You can even use this as a manual entry POS software for small biz checkout.

Downloads or uploads text file spreadsheets.

Much less expensive than oter MRP systems.

For the past year, I've wasted [lots of money] and countless hours on MYOB. Even my accountant couldn't figure out this overly complicated, user-unfriendly product! Having successfully completed only 6 entries and prepared 4 invoices in all of that time, I've since switched to Quicken. Now I achieve all the accounting activities without the angst. My only regret is that I was persuaded by some glowing accounts (by insiders?) of MYOB to purchase it in the first place. Only then did I learn that they offer unlimited consultation -- for a hefty price. No wonder! No way.