MYOB Business Essentials Pro review: MYOB Business Essentials Pro

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CNET Editors' Rating

3 stars Good
  • Overall: 6.0
  • Setup and interface: 6.0
  • Features: 6.0
  • Service and support: 6.0
Review Date:
Updated on:

The Good Powerful accounting tools for small businesses; new Process Payroll Assistant simplifies payrolls; includes third-party human resources tool, plus forecasting and customer-contact utilities.

The Bad Poor integration with third-party utilities; each program installs separately.

The Bottom Line MYOB Business Essentials Pro wraps the great MYOB Premier Accounting program with several lackluster, poorly integrated third-party utilities. But for MYOB devotees, it's worth a look.

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MYOB Business Essentials Pro

Editor's note: Our original review incorrectly stated that this software package came with a trial version of The Logo Creator. In fact, MYOB Business Essentials Pro ships with a full version of this logo-making software. (5/27/05)

MYOB has made some welcome changes to its predecessor, MYOB Plus 2004 , then taken the result, bundled it with some less-than-stellar, third-party utilities, and named the package Business Essentials Pro. One of the included apps, the newly minted Premier Accounting 2005, has a fine, flow-chart-like interface that steps nonaccountants through basic bookkeeping chores, such as processing a payroll and creating invoices. The new Process Payroll Assistant provides a five-step Q&A to help you automate check-cutting, and the new Company Data Auditor gives you a handy, bird's-eye view of receivables, payables, and inventory. But we're less impressed with the third-party tools--such as a human resources database and an appointment scheduler--which need better integration with Premier Accounting. And MYOB's technical support could be much better. Longtime MYOB users should consider upgrading to this $299 package, but anyone else in small business who's in need of a thorough accounting program should instead try Simply Accounting Pro or Intuit QuickBooks Pro . Unfortunately, each of the applications comprising MYOB Business Essentials Pro--MYOB Premier Accounting 2005, Atlas Business Solutions' Customer Appointment Manager, Staff Files, Ultimate Financial Forecaster, Virtual Small Business Workshop, and Laughingbird Software's The Logo Creator--installs separately; we'd prefer an approach that's less tedious and time-consuming, such as a single setup screen. The star of the show remains MYOB Premier Accounting 2005, with its well-honed Easy Setup Assistant, a series of helpful start-up guides that thankfully have changed little since MYOB Plus 2004 . The Setup Assistant demystifies accounting arcana for small-business owners, one of MYOB's core strengths. During setup, for instance, Premier asks you for some head-scratchers, such as your company's "conversion month," yet the same screen helpfully defines such terms in simple English.

The New Company File Assistant steps you through the complex chore of inputting your business data.

Upgraders from MYOB Plus 2004 will spot the fine-tuning to Premier Accounting: a streamlined Payroll Assistant, pop-up warnings that help you to reconcile a bank statement, and a batch e-mail tool that automates sending invoices to customers. Sadly, there's no commonality between Premier Accounting and Business Essential Pro's other programs. Each has its own unique interface that fails to mesh with Premier's flow-chart-oriented design.

MYOB Premier Accounting 2005 remains the star of Business Essentials Pro, and the other programs play supporting roles, but there's little chemistry among the cast. That said, we're impressed with the latest version of Premier Accounting, a seasoned bookkeeping program that offers several useful upgrades. The new Company Data Auditor, for instance, makes it easier to troubleshoot accounting problems in your company file. It includes an account reconciliation feature that lists all accounts and balances with their most recent reconciliation dates, and it provides an audit trail for your review. Batch e-mail, another helpful enhancement, lets you choose whether to send statements and invoices to customers via e-mail or snail mail, and it lets you send batch e-mail easily via the program's Sales module.

MYOB Premier Accounting makes it easy to reconcile accounts and balances, and it provides an audit trail for your review.

However, the lack of integration among Premier Accounting and its bundled apps creates some interesting quirks. For example, Staff Files, a human resources utility that manages employee information, such as performance evaluations and vacation time, imports data directly from QuickBooks--but not from Premier Accounting, the very program with which it's bundled. The same goes for Atlas Business Solutions' Customer Appointment Manager scheduler and the Ultimate Financial Forecaster, which handles cash flow, sales, and expense forecasts. You also get The Logo Creator, which slaps logos onto your invoices, business cards, and letterheads. Simply Accounting Pro 2005 does a much better job of integrating its financial forecasting tools and schedulers.

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Where to Buy

MYOB Business Essentials Pro

Part Number: MBPRW Released: Oct 24, 2004

MSRP: $299.00

See manufacturer website for availability.

Quick Specifications See All

  • Release date Oct 24, 2004
  • Category business applications
  • Compatibility PC