Product	MYOB Business Basics	MYOB AccountRight	Nominal Accounting	QuickBooks Accounting	Xero Medium
RRP	$249	$429	$99-$339	$349	$588/YEAR
Built-in Help
Pay Pal Integration
Business Dashboard
Relational Database
Submit BAS using SBR
Submit TFN declaration using SBR
Payroll management
Paperless Office (scan/attach)
Keyword Search
Create sales invoices
Manage customers
Track and pay expenses
Create quotes and job costings
Create purchases and manage creditors
Inventory (stock) management
Customise Price Levels
Calculate & track GST
Prepare BAS
Customise payment options on invoices
Reports Centre
Sales order / back order tracking
Customised forms, invoices
Portable company file

Compare cost of ownership

 

The following table compares Nominal with a couple of popular accounting software packages, one desktop and one online, over a five year period. The table lists the license cost and the yearly upgrade/support cost associated with each option and then summarises the cost over the 5 years period.

 

As you can see from the accumulated cost over 5 years Nominal cost is between 33% and 50% of the other packages listed.

Product

Item

License Cost

Upgrade&Support/Y

Cost - after 1 year

Cost - after 2 years

Cost - after 3 years

Cost - after 4 years

Cost - after 5 years

Nominal

Accounting

339

150

489

639

789

939

1089

MYOB

AccountRight

429

325

754

1079

1404

1729

2054

Xero

Medium

0

588

588

1176

1764

2352

2940