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

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

NetSuite vs myBooks Reviews

NetSuitemyBooks
Trustpilot Rating1.84
Number of Trustpilot Reviews194
iPhone App Rating2.44.1
Number of iPhone App Reviews4033
Android App Rating23.2
Number of Android App Reviews409231

NetSuite vs myBooks Pricing

NetSuitemyBooks
Free TrialYesYes
Free Trial Length14 days30 days
Cheapest Plan NameStandardStandard
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

NetSuite vs myBooks Features

FeaturesNetSuitemyBooks
Target Business SizeEnterpriseMedium
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

NetSuitemyBooks
  • Magento
  • Amazon
  • ReadyCloud
  • Salesforce
  • Shopify
  • BigCommerce
  • ADP
  • Stripe
  • QuickBooks
  • Xero

NetSuite Standard Features

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

myBooks Standard Features

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

NetSuite 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

NetSuite vs myBooks Pro & Cons

NetSuitemyBooks
Pros
  • All-in-one solution for SME to large enterprise
  • Multiple integration with other tools
  • Customizable features
  • Free plan
  • Very affordable
  • Simple Layout and user friendly
Cons
  • Complicated and overwhelming for startups
  • Website lacks pricing information
  • Complex initial setup process
  • No pricing information for Top Plan
  • Limited users with each plan
  • Scalability Limits

Other Accounting Software Comparisons

  • Zoho Books vs Odoo Accounting
  • Xero vs Zoho Books
  • TaxSlayer Pro vs Neat
  • QuickBooks Online vs AccountEdge Pro
  • QuickBooks Online vs Botkeeper
  • FreshBooks vs NetSuite
  • Zoho Books vs TaxSlayer Pro
  • FreshBooks vs TaxSlayer Pro
  • myBooks vs Neat
  • FreeAgent vs Striven

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