MYOB Accountedge 2005 (Mac)

by MYOB US

Product Features

• Run an entire company payroll at once rather than paycheck by paycheck
• Choose to include in your payroll-run the pay for employees who are paid for billable time
• Company Data Auditor detects issues with your company file, to avoid problems at tax time
• Examine the integrity of your financial information with Exception Testing reports
• Set up client-specific default e-mail messages, or create a batch default email message

Product Details

• Shipping Weight: 1.8 pounds
• Shipping: This item is also available for shipping to select countries outside the U.S.
• ASIN: B0006LC5JC
• Date first available at Amazon.com: November 12, 2004
• Average Customer Review: 2.1 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #15,644 in Software (See Top 100 in Software)

Product Description

The most advanced small business management and accounting product available for Mac business owners, entrepreneurs and bookkeepers managing finances for compaines with 0-25 employees. Integrated with optional fee based - merchant accounts, payroll, online bank payments.

Customer Reviews

Most Helpful Customer Reviews

11 of 12 people found the following review helpful:

1.0 out of 5 stars One of my worst business mistakes, December 8, 2005

By 

Thomas D. Kehoe (Boulder, CO USA) - See all my reviews
(REAL NAME)   

This review is from: MYOB Accountedge 2005 (Mac) (CD-ROM)

I've used MYOB AccountEdge (version 4, release 7.50, for Macintosh) for nearly 18 months. Buying this software was one of my worst mistakes.

Unlike Quicken, you can't connect to your bank and download credit card purchases, statements, etc. Everything has to be entered by hand.

Finding mistakes is difficult. If my employee enters the date as 1/23/05 instead of 11/23/05, MYOB changes the records for January. I see that November's accounts don't reconcile. But there's no mistake in November...or October, September, etc. I have to look back thru the year's records to find the mistake. With my old accounting system I could close the books each month. That way all mistakes made in the next month would be somewhere in the current month's records.

The bank accounts don't list a running balance. You get today's ending balance but you can't see the balance after each transaction (e.g., whether last month's balance is the same as it was a month ago!).

There's no way to reconcile paper receipts against accounted purchases. Sometimes I pay by credit card, then the supplier sends a paper invoice saying "Balance Due" and I send a check. Most suppliers call me and tear up the check, but with my old accounting system I caught one supplier that double-billed me over $3000.

The first keystroke is lost on some fields. E.g., when you type in an address or telephone number, the first number isn't recorded. If you're not paying attention the address or phone number is wrong.

MYOB will search for invoices by date, invoice number, customer name, and amount. Not by location, item purchased, etc. Same for the customer and supplier databases, some fields can be searched but not all.

When you enter a new customer, the customer ID number field doesn't auto-increment. I have to use Filemaker Pro to generate the customer ID numbers.

The documentation is minimal. I had to write a manual for my employee to use, taking up too much of my time.

There's no way to create a pro forma invoice (an invoice that doesn't appear in the accounts receivable list).

MYOB's templates don't include a chart of accounts based on Schedule C.

There's no Preferences for setting that payments usually go into a primary bank account, that your billing is usually Net 30, your usual shipping method is UPS Ground, etc. Your employee has to click all this for every invoice and payment, and I assure you they will make mistakes.

MYOB can't check the Postal Service website to see if an address is correct, integrate with the UPS website to create a shipping label, connect to my bank to process a credit card, etc. When a customer calls to buy something I have to open four applications and go to three websites.


MYOB opens a little window for every new thing (sales register, customer address, invoice, payment, etc.). The little windows always open in the middle of the screen, on top of each other. This would be ideal for users with 640x480 13" monitors. But I have a 23" monitor. My screen will fit six of the little windows, if I move them around. But then the next little window opens right in the middle, then I have to move it out of the way, etc.

MYOB just looks ugly, like it was designed for Windows then ported to the Mac.

12 of 14 people found the following review helpful:

5.0 out of 5 stars AccountEdge is the best for Mac business, January 19, 2005

By 

Creator John "JP" (FL - USA) - See all my reviews

This review is from: MYOB Accountedge 2005 (Mac) (CD-ROM)

Bought this product based on an Apple consultant recommendation - best thing I did. The interface is so easy and install process assistant got me up and running within 10 minutes. Everything is right in front of me and I know exactly all I can do in each section of the product following the cool navigation tool - "Command Center" design.

I'm not an accountant - don't want to be - just want to get paid and track my customers, sales, etc. - This product does it all. Bonus - I can charge credit cards in the software and the rates are WAY LOW!!

11 of 13 people found the following review helpful:

5.0 out of 5 stars User-friendly, simple and pleasant to use, April 13, 2005

By 

Paulo C. Rios Jr. (Europe) - See all my reviews
(VINE VOICE)    (REAL NAME)   

This review is from: MYOB Accountedge 2005 (Mac) (CD-ROM)

This is one of the best Accounting software titles available, for any platform. While QuickBooks will not let an "advanced" user (someone with a good knowledge of Accounting) to see what is going on and enter double-accounting transactions directly, MYOB AcccountEdge lets you do either way you prefer. One of the best Mac software titles available. It makes the entire process fun. Highly recommended. You will not be disappointed. Check also the online tutorials for FirstEdge on the MyOB site to get an idea of how easy and pleasant this software is to use.