We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
Software Reviews
15,670 Reviews

MYOB Accounting 16.0

£292 inc VAT

Manufacturer: MYOB

Our Rating: We rate this 4 out of 5

One of the oldest accounting packages for the PC, MYOB (Mind Your Own Business) is available in three versions: BusinessBasics, Accounting and Accounting Plus.

One of the oldest accounting packages for the PC, MYOB (Mind Your Own Business) is available in three versions: BusinessBasics, Accounting and Accounting Plus. All share the same interface, which reduces the chore of minding your own business. Here, we've looked at Accounting, the mid-range package aimed at small businesses.

New to version 16.0 is a number of features designed to speed up accounts management. A sales order can now be turned into a purchase order from the same data, MYOB contacts can be synchronised into Outlook, and bank reconciliations can be undone. Plus, there have been improvements to importing and exporting stock adjustments, payroll details and custom lists.

The new Payroll Verification report means that you can preview a payroll and review details for each employee, including wages, deductions and expenses. The software simplifies sending payment notification by drawing purchase numbers, dates and other details automatically from your accounts list into a customisable notification form.

Central to this version is the Accounts List, which keeps tabs on assets, liabilities, capital, sales, income and expenses. However, while this database tracks your accounts, access to such things as banking, sales, purchases, VAT and payroll are all made via a simple front-end that streamlines each process as a chart. You could, for example, look at the progress made from making sales to receiving payments. Simply click on the section you wish to access and you will be taken to the transaction.

MYOB Accounting 16.0 Expert Verdict »
200MHz Pentium
Windows NT 4/2000/XP
64MB RAM
85MB hard disk space
  • Ease of Use: We give this item 8 of 10 for ease of use
  • Features: We give this item 8 of 10 for features
  • Value for Money: We give this item 7 of 10 for value for money
  • Overall: We give this item 8 of 10 overall

Integration with Word, Excel and now Outlook, as well as an intuitive interface, makes MYOB easy to employ. More advanced users may wish to use the database drivers to access MYOB data from other applications. It's aimed more at business users than accountants, but comes at a good price in comparison with more advanced Sage products and has extra features over Intuit's QuickBooks.

There are currently no price comparisons for this product.
  • MYOB Accounts Plus 15.0

    MYOB Accounts Plus 15.0

    With just a few names dominating the entry-level to mid-range accounts software market, choice is limited. Nevertheless, MYOB is a front-runner.

  • MYOB BusinessBasics

    The generally quite staid accountancy software market has been looking pretty shaky recently, with Intuit announcing it is to concentrate on its QuickBooks software at the expense of Quicken. This leaves Microsoft Money on its own as the mainstream application for managing personal finances - just at the moment online banking is making computerised accounting a reality for many people.

  • Intuit QuickBooks Pro & Payroll 2008

    Intuit QuickBooks Pro & Payroll 2008

    Intuit has concentrated for a long time on making its accountancy products as simple to use as possible, with recent updates to QuickBooks 2006 and 2007 offering updates that focus on accessibility rather than adding more features.

  • Sage One Payroll review

    Sage One Payroll

    Sage One Payroll is a newly launched, fully cloud-based payroll software solution for business owners with 15 employees or fewer, who will be able to manage their business' payroll online at any time.

  • Business Accountz 2012 review

    Business Accountz 2012

    Use Business Accountz 2012 to manage your business's finances quickly and easily.


IDG UK Sites

Where to buy iPhone 6 and iPhone 6 Plus in the UK: Launch day price, deals and contracts

IDG UK Sites

Is Apple losing confidence in itself?

IDG UK Sites

Professional photo and video techniques for perfect colours

IDG UK Sites

How (and where) to buy an iPhone 6 or iPhone 6 Plus in the UK. Plus: What to do if you pre-ordered...