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MYOB Business vs QuickBooks Online: Which is a better fit?

Updated on January 15th, 2025
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What's your intended use case?
Summary
Key features rated by users
Features selected based on 9,322 reviews from Accounting users.
% Fit
Not enough reviews
Feature ratings
Income & Balance Sheet
4.4
Document Management
--
Financial Reporting
3.8
Financial Management
4.0
Billing & Invoicing
4.1
% Fit
Missing features
Feature ratings
Income & Balance Sheet
4.5
Document Management
NA
Financial Reporting
4.5
Financial Management
4.4
Billing & Invoicing
4.4
User satisfaction
3.8
User reviews143
Ease of use
3.8
Functionality
3.7
Value for money
3.5
Customer support
3.3
4.3
User reviews7,830
Ease of use
4.2
Functionality
4.3
Value for money
4.2
Customer support
4.0
Price starts from
Monthly subscription
Free version
Free trial
Monthly subscription
Free version
Free trial
Best for

The MYOB Business range is designed for businesses from sole traders, to growing operations and even established companies of up to 19 employees in Australia and New Zealand.

QuickBooks Online is perfect for small and medium businesses, offering smart tools to manage finances, track expenses & streamline processes. Save 50% off for 3 months!

User reviews
pros & cons
1 / 4
View Reviews
1 / 4
View Reviews
Video reviews
No video reviews yet
video-033dd6f9-3e5b-484e-6f33-08dc5a838637
Alex Y
COO
5.0

Speaker 1: My name is Alex. I'm the COO for Made By WiFi. We're a boutique IT firm based out of New York City with under 10 employees. I would rate QuickBooks Online a 5/5. I use QuickBooks Online for bookkeeping, invoice management, accounts receivables, payment processing, as well as the reporting capabilities which are very rich. I like how easy it was to pick up and learn. I've never used QuickBooks before. We were managing our company's finances through Google Sheets prior to QBO. The learning curve was basically a day, we got it all figured out. It's very easy to navigate and it's very easy to find what you need as well as streamline financial operations. Just making it easier to get paid, essentially. I'd like to see more consistent monthly billing from QBO. I feel like our monthly billing increased almost by 50% since we signed up without really getting more features. I'm not sure how quickly or why they raised their prices so aggressively, but they have, and I wish there was just more of a locked-in rate for a period of time that we could have agreed to.

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User interface
No videos provided by vendor
190778 video thumbnail}
1 Video
183867
5 screenshots
190778
5 screenshots
Do these products fit your needs?

Prioritize real-user-identified key features according to your needs to find your best fit.

Logo Img
--%
Logo Img
--%
Access Controls/Permissions
207
Important
Accounts Payable
388
Important

MYOB Business

32/43
  • Access Controls/Permissions
  • Audit Management
  • Currency Conversion
  • Data Security
  • Encryption
  • Financial Consolidation & Close Management
  • Fixed Asset Management
  • Fund Accounting
  • Multi-Location
  • Project Accounting
  • Reminders
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • API
  • Approval Process Control
  • Audit Trail
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Chart of Accounts
  • Compliance Management
  • Document Management
  • Expense Tracking
  • Financial Management
  • Financial Reporting
  • General Ledger
  • Income & Balance Sheet
  • Mobile Access
  • Multi-Currency
  • Payment Processing
  • Payroll Management
  • Purchase Order Management
  • Quotes/Estimates
  • Receipt Management
  • Recurring/Subscription Billing
  • Sales Tax Management
  • Status Tracking
  • Tax Management
  • Third-Party Integrations
  • Workflow Management
See All features
Hide Accounting Software Features -

QuickBooks Online

32/43
Show Accounting Software Features +

MYOB Business

--

MYOB Business
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
QuickBooks Online
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
MYOB Business
  • By MYOB
  • Located in Australia
  • Founded in 1991
QuickBooks Online
  • By Intuit
  • Located in United States
  • Founded in 1983
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