MYOB Essentials is an online accounting software program which is different from and competes directly with MYOB’s other accounting software programs called MYOB AccountRight.

MYOB Essentials is 100% online which means you can sign into it using a username and password from any device and from any location. It was originally created to compete with Xero, which is 100% online cloud accounting software.

MYOB Essentials offers a well designed balance of features including quoting, invoicing, sales, payments, purchases and other credit management features which are considered to be essential for any business and they also manage the bank reconciliation, GST, BAS and Reporting and Payroll Administration.

The MYOB Essentials Payroll Administration features give small business what they need to be compliant without the higher pricing of the fully featured Xero Accounting Software.