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FreeAgent vs myBooks: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both FreeAgent and myBooks are leading accounting software solutions, but which one is better for you and your business?

Below we compare FreeAgent and myBooks across nearly 50 different data points to help you make find the right one.

FreeAgent vs myBooks Reviews

FreeAgentmyBooks
Trustpilot Rating4.64
Number of Trustpilot Reviews2,2454
iPhone App Rating4.64.1
Number of iPhone App Reviews3733
Android App Rating4.53.2
Number of Android App Reviews1,180231

FreeAgent vs myBooks Pricing

FreeAgentmyBooks
Free TrialYesYes
Free Trial Length30 days30 days
Cheapest Plan NameUS BusinessesStandard
Cheapest Plan Cost Per MonthNA$9.99
Mid Priced Plan NameNAPremium
Mid Priced Plan Cost Per MonthNA$9.99
Top Plan NameNoEnterprise
Top Plan Cost Per MonthNANot Listed

FreeAgent vs myBooks Features

FeaturesFreeAgentmyBooks
Target Business SizeSmallMedium
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsYesNo
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementNoNo
Help With Sales TaxYesNo
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationYesNo
Tax DeductionsYesNo
Receipt CaptureYesNo
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APIYesYes

List of Other Software Integrations

FreeAgentmyBooks
  • Stripe
  • PayPal
  • Sellwire
  • WooCommerce
  • AutoEntry
  • Dext
  • Pennucia
  • Commusoft
  • QuickBooks
  • Xero

FreeAgent US Businesses Features

  • Sales Tax Reporting
  • Multi-Currency Invoicing.
  • Estimates and Invoices
  • Expenses
  • Time Tracking
  • Dashboard
  • Banking
  • Projects

myBooks Standard Features

  • 3 User
  • 1 Division/Branch
  • 100 Tansactions
  • Single Bank Account
  • Payment Integration
  • Purchase Order
  • Android & IOS app

FreeAgent No Features

NA

myBooks Enterprise Features

  • Multi-Division/Branch
  • Unlimited User
  • Unlimited Transactions
  • Profitability Analysis
  • Priority Support
  • Automatic Bank Feed
  • SMS Integration
  • Purchase Order
  • Android & IOS app

FreeAgent vs myBooks Pro & Cons

FreeAgentmyBooks
Pros
  • Freelancer-friendly
  • Automatic Bank Feeds
  • Excellent Business Dashboard
  • Free plan
  • Very affordable
  • Simple Layout and user friendly
Cons
  • Not ideal for large businesses
  • Pricing flexibility
  • Limited features for complex needs
  • No pricing information for Top Plan
  • Limited users with each plan
  • Scalability Limits

Other Accounting Software Comparisons

  • NetSuite vs TaxSlayer Pro
  • Zoho Books vs HoneyBook
  • TaxSlayer Pro vs Acclux
  • Kashoo vs ZarMoney
  • HoneyBook vs LessAccounting
  • NetSuite vs TrulySmall Accounting
  • Patriot Software vs Sage Accounting
  • Sage Accounting vs HoneyBook
  • Kashoo vs Akounto
  • Sage Accounting vs Wave Accounting

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