xero has much better reporting options for the balance sheet.

comparing the current balance sheet with the end of last financial year is simple in xero, in myob it makes you scratch your head. The myob ‘last year’ analysis only compares with the same month last year and the myob ‘multi-period’ report is separated into financial years,  so to compare a period in this financial year with the end of last financial year can’t be done without sending to excel and editing manually.