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Compare MYOB Essentials vs. FreshBooks

With a wide range of functionalities, pricing, terms, and more to compare, determining the best Online Accounting Software for your business is tough. Nevertheless by working with our system, it's easy to match the functions of FreshBooks and MYOB Essentials together with their general score, respectively as: 9.8 and 9.0 for overall score and 99% and 100% for user satisfaction. You can also evaluate them feature by feature and find out which program is a more effective fit for your business. Don’t forget to ask for a free trial first before opting in for a plan to see how the solution can benefit you in real setting. Those of you who are pressed for time or would like to get a Accounting Software advice from our team might want to try out these top choices for the current year: Sage 50cloud, FreshBooks, Zoho Books.
Software

MYOB Essentials

VS

FreshBooks

VS

MYOB Essentials screenshot FreshBooks screenshot
Pricing Page

Total Score

Our Score

9.0 ?

Our Score

9.8 ?

Customer Experience

Customer Experience

Customer Experience

100% ?

Customer Experience

99% ?

Price

Price

$27

$15

Pricing Type

Pricing Type

Monthly payment Monthly payment | Annual Subscription
Complete Review

Complete Review

General Description

General Description

An online accounting suite designed for small, growing businesses.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Quick Links
Client Types

Client Types

Small Business | Medium Business | Freelancers Small Business | Freelancers
Features

Features

MYOB Essentials FEATURES

  • Bank Feeds
  • Automatic Updates
  • Easily track GST and PAYG
  • Optimized for Phone and Tablet
  • Instant Payment
  • Phone and LiveChat support
  • Auto backup up to the cloud

FreshBooks FEATURES

Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
Projects
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
Payments
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Contact No.

Contact No.

+61 (0)3 9045 4400 +1-866-303-6061
Supported Integrations

Supported Integrations

No information available.

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • Partial.ly
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • FUNDBOX
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • Authorize.net
  • PayPal
  • PAYMENTEVOLUTION
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Popular Customers

Popular Customers

Ronald McDonald House of Charities, OneWorld, Nippy's Octet Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Pricing Page

Pricing Page

Learn more about MYOB Essentials pricing Learn more about FreshBooks pricing
Customer Support

Customer Support

Phone
Ticket Training
Phone Live Support
Ticket Training
OS Supported

OS Supported

Windows
Linux
Android
iPhone/iPad
Mac
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
Vendor's Address

Vendor's Address

MYOB Head Office
Level 3, 235 Springvale Rd
Glen Waverley VIC 3150
Australia
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Canada
Languages

Languages

English English, Dutch, Polish, Turkish, Swedish
Contact Email

Contact Email

info@freshbooks.com
Available Plans

Available Plans

Contact MYOB and know more about their MYOB Essentials basic and enterprise pricing options.

Starter – $27/month

  • Great for people new to accounting
  • Keep on top of GST & BAS
  • Works on both MAC & PC
  • Always up-to-date
  • Securely backed up online
  • MYOB BankFeeds (25 transactions per month)
  • Create five invoices per month

Payroll for One – $45/month

  • All Starter features
  • Payroll for one
  • Unlimited MYOB BankFeeds
  • Unlimited invoices

Unlimited Payroll – $55/month

  • All Payroll for One features
  • Unlimited Payroll

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

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Popular Alternatives

Popular Alternatives

QUICK LINKS

QUICK LINKS

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If you continue having second thoughts about which app will work best for your company it may be a good idea to investigate each service’s social metrics. Such metrics are quite often an indicator of how popular every solution is and how wide is its online presence.For instance, if you check FreshBooks LinkedIn profile you’ll find out that they are followed by 7240 people. In case of MYOB Essentials the volume of followers on their LinkedIn page is 26885.