MYOB Payroll Comparison – 2019

 MYOB offers a range of different payroll packages suitable for different types and sizes of businesses. Understanding which package is most appropriate for your business can be confusing.

To help you we've created the following comparison table which compares the 4 different payroll packages for small/medium businesses.

Please note MYOB have other payroll packages (EXO & PayGlobal) which are designed for large businesses.

In the table we include MYOB Payroll. This is no longer available for sale due to its limitations for current versions of Windows. If you are currently using this payroll we recommend you switch to another.

Feature:

Essentials

ACE

MYOB Payroll 

IMS

User requirement


Simple

Simple - Medium

Simple - Medium

Medium - Advanced

Import Employee details

No

No

No

Yes

Import 52 weeks leave

from MYOB Payroll

No

No

Yes

Import cost codes

no costing feature

No

No

Yes

Training time 

45 mins

1 hour

1-2 hours

2 hours +

Multi-user access.

yes

no

no

yes

Desktop or Browser

browser

desktop

desktop

both

Leave cals for variable staff

yes

no

no

yes

Job/cost centres

no

yes

yes

yes

Direct credit files created

all trading banks

all banks

all banks

all banks

Accumulators

no

yes

yes

yes

Pay Day filing

Gateway (automatic)

File upload

File upload

File upload

No of reports

5

22

29

41 with filters

User security

Password per user all features

Password per user

One password

master & user access to features

Export reports to Excel

no

no

no (one report only)

yes

Store HR information

no

yes - 20 fields

yes - notes & reminders

yes-customise fields, add attachments

Import times from clocks

no

yes

yes

yes

Import timesheets csv

yes

yes

yes

yes

Online leave portal

no

no

no

yes-online Express*

Online Time sheets

yes-included.

third party

third party

yes-Online Max*

Online rosters

no

third party

third party

yes-Online Max*

Accounting integration

Essentials Accounting

AccountRight

AccountRight or .csv file

43 systems available

Price (payroll only)

$30 per month

$379

$660 pa

$360 (10 empl)

Annual Support

Incl. in above

$360 pa

Included

$380 (10 empl)

* Online Express and Online Max are add-ons.  Online Max is customisable. Both are priced separately.

Personal summary: 

Essentials - Really simple payroll to set up and use but lacking in features. Employee time sheets a bonus (excellent feature) and gateway link to the IRD for payday filing also a time saver. Don't buy if you are complex!

ACE - Loved by many who use it. Easy to setup and use. Not suitable for employers who have variable employees.

MYOB Payroll - No longer sold but used by many businesses. Not suitable for employers who have variable employees. The move is from MYOB Payroll to either Essentials or IMS.

IMS - Fully featured and suits most employers. Good add-ons. Old fashioned looking interface. Suits small and large employers. IMS Express really good for leave approvals. Highly recommended.

    Lynley Averis

    Lynley is an MYOB Certified Consultant & has been involved in training in New Zealand since 1985. She's written various accounting & MYOB workbooks including co-authoring “Bookkeeping for Dummies”. She has consulted on all versions of MYOB Accounting, Retail and Payroll over the past 18 years and has previously worked for MYOB. She currently consults to NZ businesses on all aspects of business systems - her mission for clients is for them to spend as little time as possible doing accounting!