COMPARISON OF MYOB and MOIBOO SOFTWARE
Accounting software helps a business in maintaining its income, expenses and other financial activities and also to generate reports. Accounting system can help in increasing the accuracy of your records or eliminating human errors in calculation. It eradicates the tedious process of manual book keeping, it reduces the cost as manual labour is eliminated. Less time is spent on these tasks. Reports required by the management can be generated automatically.
Moiboo Accounting Software is an Online Accounting Software has software modules for Accounting, POS and CRM. Reach has all the business operations are bundled in one software so that the business owner can track every apsect of business. Unlike a traditional Accounting Software, Reach is accessible anywhere so all your employees can work using the software at the same time.
Receive Job orders or Sales Orders and convert them into Invoices once ready
Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports
Godown Management,Raw materials,Packing Materials,Work-in-Progress,Finished Goods,Miscellaneous Stock, Stock-pointwise management
Point of Sale
Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.
Lots and Barcode Management
Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner
Cost Management, Order Management
Income & Expense Grouping,Accounting Ledgers,Tax Heading Creations & Operations,Bank & Cash Creation & Operations,AssetLiability Creation & Operations,Income & Expense Recording,Journal Entries & Contra Transactions,etc
Create Invoices with your own branding or choose from over 20 templates (includes contractor Invoices). Generate Invoices or convert quotes to Invoices. Automatically convert invoices raised in foreign currency to INR. Raise recurring Invoices. Email, print or extract Invoices to pdf. Get reminded every time an Invoice is due. Send reminder sms or emails.
Create multiple Branch and give an option to manage each of them individually business by the Owner.
Purchase Orders/Estimates,Purchase Bills,Purchase Return,Vendor Outstanding Management.
Quotes,Multi Product Operation,Sales Invoice,Sales Return,Recurring Invoices on one attempt,Customer Balance
Multi-User operation with restriction menus,Auto Back up,Accounting Period Auto change,Any Location operation,Easy to handle,No hard accounting process and buttons,Auto conversion to accounting formats
Create multiple Companies and give an option to manage each of them individually from the comfort of your smart phone
Full Financial Report availability,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules
Access across tabs, iPads, iPhones and android phones, pick photos of expense vouchers and attach to expenses, raise invoices, check cash and bank balances, daily profitability and other key reports on phone.
Leads from all sources,Leads extractions via mail server,Converting leads to appointments,Quotes,Converting quotes to Invoices,Email-SMS update,Delivery status update,Work pending strategye.
Operations and Process
Product & Service Grouping,Customised Invoice with Logo,Small, Medium or Large scale operations,Retail or Whole sale enabled,Product service and maintenance,Godown & Showroom wise operations etc..
Assign points for every sale and redeem them whilst billing next time
E-stores, Google docs, Google calander, Project management tools, SMS gateways, Payment Gateways and many others.
Easily import excel files taken from Tally and import it into our Software for various time periods and manage accounts with ease
|COMPARISON OF MOIBOO AND MYOB|
|Details||Moiboo Accounting||MYOB Essentials|
|Setup & access||Online.||100% online, using computer, tablet or mobile.|
|Updates||Updates happen automatically||All updates happen automatically.|
|Backups||Constant Backups||Constant online backup & security.|
|Multiple User Access||Yes.||Yes.|
|Ease of use||Good.||Good.|
|Speed of reporting||Easy Repoting facility||Reporting can take a little longer in MYOB; reports run one at a time.|
|Quotes||Quotes can be created easily||MYOB offers a quotation system.|
|Invoices||Invoices can be created from the sales orders and can be sent through email and whatsapp||Send invoices from your own default email program.|
|Receive payments||Clients can use multiple online payment methods incl. PayPal. Can connect to an online store.||Clients can use multiple online payment methods incl. PayPal. Can connect to an online store.|
|Receipting payments||A payment from a customer can be quickly applied against a lot of invoices at once, or applied to the oldest to the newest.||A payment from a customer can be quickly applied against a lot of invoices at once, or applied to the oldest to the newest.|
|Payroll||Issue payslips, etc.||Includes payroll for one person only.More staff requires a paid add-on or a different version of MYOB.|
|Employee Logins||No.||Only as a paid add-on.|
|Follow up debts||Yes, by SMS etc.||Yes.|
|International Currency||Multi currency facility available||Not available on most versions without a paid add-on.|
|Expense Claims||Available||Not available.|
|Cost||$14.95 per month.||MANY versions, plans and add-ons.MYOB Essentials starts at $29/month.|
|AccountRight standard is $43/Month, or $70/Month for AccountRight with payroll.|
|Some people feel MYOB has too many confusing versions, add-ons and fees.|
WHY REACH IS BETTER COMPARED TO MYOB
- Free cloud server advantage
- All documents in one place
- Even if you have multiple businesses, All accounts are docked in a single account
- Easily import from Tally and Excel
- No worrying of unauthorized data intrusions
- Localised personally for all your business
- Personalized billing system
- Manage your customer
- Supplier Management
- Product Management
- Unlike traditional software, our products are hosted on the cloud and allows all your employees to work at the same time
- Custom made to suit your business
- Captures your leads from Emails and websites directly
- Tracks your orders
- Raises invoices
- Converts Invoices raised in Foreign Currency to Indian Rupees
- Imports from Excel and Tally
- Gives Multi-User access
Allows to view reports on Mobile Phone
- Manages your inventory
- Shows your branch wise/site wise profitability
- Securely backs up your data online
- Free cloud server
- All business data in one place
Moiboo software is cost effective software that helps you to manage your business giving rise to more sales and more profit with lesser expenses. You can access all the updates in real time and that makes it easier for you to take faster and better decisions.
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