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

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

FreshBooks vs myBooks Reviews

FreshBooksmyBooks
Trustpilot Rating3.44
Number of Trustpilot Reviews7794
iPhone App Rating4.74.1
Number of iPhone App Reviews10,90033
Android App Rating4.43.2
Number of Android App Reviews5,490231

FreshBooks vs myBooks Pricing

FreshBooksmyBooks
Free TrialYesYes
Free Trial Length30 days30 days
Cheapest Plan NameLiteStandard
Cheapest Plan Cost Per Month$33$9.99
Mid Priced Plan NamePlusPremium
Mid Priced Plan Cost Per Month$33$9.99
Top Plan NamePremiumEnterprise
Top Plan Cost Per Month$60Not Listed

FreshBooks vs myBooks Features

FeaturesFreshBooksmyBooks
Target Business SizeMediumMedium
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 ManagementYesNo
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

FreshBooksmyBooks
  • Square
  • Squarespace
  • Google G Suite
  • Stripe
  • Hubspot
  • Fundbox
  • Bench
  • Zapier
  • QuickBooks
  • Xero

FreshBooks Lite Features

  • Billable Clients
  • Client Profiles and Account Statements
  • Clients Can Store Credit Card Info
  • Client Account Portal
  • Client Credits
  • Unlimited Estimates
  • Unlimited + Customized Invoices
  • Automated Recurring Invoices
  • Scheduled Late Fees
  • Automated Late Payment Reminders
  • Accept Deposits
  • Manage Budget and Billing for Projects
  • Online Credit Card Payments
  • Online Bank Transfers (ACH)
  • Checkout Links Get You Paid Without Invoicing
  • Unlimited Time-Tracking
  • Unlimited Expenses
  • Automated Bank Import
  • Mobile Mileage Tracking
  • Tax Time Reports
  • Business Health Reports
  • At-A-Glance Performance Dashboards

myBooks Standard Features

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

FreshBooks Premium 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

FreshBooks vs myBooks Pro & Cons

FreshBooksmyBooks
Pros
  • Built-in time and project tracking
  • Intuitive and user-friendly
  • Good invoicing functionality
  • Free plan
  • Very affordable
  • Simple Layout and user friendly
Cons
  • Extra cost for additional team member
  • Limited features with cheapest plan
  • Limited functionality for big businesses
  • No pricing information for Top Plan
  • Limited users with each plan
  • Scalability Limits

Other Accounting Software Comparisons

  • Xero vs Accurants
  • Akounto vs Striven
  • NetSuite vs Acclux
  • Zoho Books vs AccountEdge Pro
  • NetSuite vs Botkeeper
  • Patriot Software vs AccountEdge Pro
  • Patriot Software vs Vic.ai
  • TaxSlayer Pro vs Acclux
  • LessAccounting vs Wave Accounting
  • Botkeeper vs Striven

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