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myBooks vs Akounto: Which Accounting Software Is Better?


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

Last Updated: May 22, 2025

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

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

myBooks vs Akounto Reviews

myBooksAkounto
Trustpilot Rating44.3
Number of Trustpilot Reviews47
iPhone App Rating4.1No Rating
Number of iPhone App Reviews33No Reviews
Android App Rating3.2No Rating
Number of Android App Reviews231No Reviews

myBooks vs Akounto Pricing

myBooksAkounto
Free TrialYesYes
Free Trial Length30 days30 days
Cheapest Plan NameStandardStartup
Cheapest Plan Cost Per Month$9.99$20
Mid Priced Plan NamePremiumGrowth
Mid Priced Plan Cost Per Month$9.99$20
Top Plan NameEnterpriseExpansion
Top Plan Cost Per MonthNot Listed$30

myBooks vs Akounto Features

FeaturesmyBooksAkounto
Target Business SizeMediumSmall
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsNoYes
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementNoNo
Help With Sales TaxNoYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationNoNo
Tax DeductionsNoYes
Receipt CaptureNoNo
Mileage TrackingNoNo
Time ManagementNoNo
Inventory ManagementYesNo
User Access ControlsYesNo
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APIYesNo

List of Other Software Integrations

myBooksAkounto
  • QuickBooks
  • Xero
  • Amazon
  • Shopify
  • eBay
  • Etsy

myBooks Standard Features

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

Akounto Startup Features

  • Create and manage Upto 40 invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite 1 user only

myBooks Enterprise Features

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

Akounto Expansion Features

  • Create and manage unlimited invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite unlimited users
  • Credit note
  • Create billable expense
  • Use purchase order
  • Accounts receivable and accounts payable
  • Connect 2 additional business
  • Multi currency invoice
  • Multi currency bill
  • Software support from expert

myBooks vs Akounto Pro & Cons

myBooksAkounto
Pros
  • Free plan
  • Very affordable
  • Simple Layout and user friendly
  • Affordable pricing
  • Easy to use
  • Best for small businesses
Cons
  • No pricing information for Top Plan
  • Limited users with each plan
  • Scalability Limits
  • Serve only customers in the United States
  • Learning curve
  • Limited features than competitors

Other Accounting Software Comparisons

  • Patriot Software vs TopNotepad
  • Patriot Software vs Striven
  • Patriot Software vs LessAccounting
  • Striven vs TrulySmall Accounting
  • myBooks vs Vic.ai
  • QuickBooks Online vs NetSuite
  • Striven vs Vic.ai
  • Patriot Software vs Akaunting
  • Acclux vs Wave Accounting
  • TopNotepad vs Akounto

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