One of MYOB’s major weaknesses is its reporting:
- The base reports are limited, with limited customising options
- Headings and labels cannot be changed.
- The options to filter reports are very limited.
- Probably for this reason, a large number of add-on reporting products have been developed for MYOB by independent software developers.
- MYOB reporting has improved in recent years and is slowly closing the gap with Quickbooks, but there is still some way to go
- Customised reports can be saved, but many of the settings are lost e.g. date range must be re-entered
A major strength of QuickBooks is its reporting:
- There are a large number of fully customisable base reports.
- As well as being able to change the heading fonts, the text can also be changed for the Company Name, Report Title, Sub-title and Footer.
- The reports have advanced filtering options.
- The column widths can be changed and printing made to fit the page width
- The sort order can be changed on many reports
- The grouping totals can be changed.
- All reports can have date ranges that span multiple years and balance dates.
- The date range can be defined in days, weeks or months.
- Customised reports can be saved together with all settings