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

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

Odoo Accounting vs myBooks Reviews

Odoo AccountingmyBooks
Trustpilot Rating1.84
Number of Trustpilot Reviews1534
iPhone App Rating2.74.1
Number of iPhone App Reviews9233
Android App Rating3.43.2
Number of Android App Reviews2,930231

Odoo Accounting vs myBooks Pricing

Odoo AccountingmyBooks
Free TrialYesYes
Free Trial Length15 days30 days
Cheapest Plan NameFreeStandard
Cheapest Plan Cost Per Month$31.10$9.99
Mid Priced Plan NameStandardPremium
Mid Priced Plan Cost Per Month$31.10$9.99
Top Plan NameCustomEnterprise
Top Plan Cost Per Month$46.80Not Listed

Odoo Accounting vs myBooks Features

FeaturesOdoo AccountingmyBooks
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 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

Odoo AccountingmyBooks
  • Amazon
  • ebay
  • magento
  • Inter Company Transfer
  • Shipstation
  • QuickBooks
  • Stripe
  • Pipedrive
  • QuickBooks
  • Xero

Odoo Accounting Free Features

  • One app only
  • unlimited users
  • Odoo Online

myBooks Standard Features

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

Odoo Accounting Custom Features

  • All apps
  • Odoo Online / Odoo.sh** / On-premise
  • Odoo Studio
  • Multi-Company
  • External API

myBooks Enterprise Features

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

Odoo Accounting vs myBooks Pro & Cons

Odoo AccountingmyBooks
Pros
  • Unlimited users
  • Open-source solution
  • Vast selection of applications
  • Free plan
  • Very affordable
  • Simple Layout and user friendly
Cons
  • Free plan only allows one app
  • Complex set-up structure
  • Maintenance Issues
  • No pricing information for Top Plan
  • Limited users with each plan
  • Scalability Limits

Other Accounting Software Comparisons

  • Sage Accounting vs FreeAgent
  • FreeAgent vs TrulySmall Accounting
  • Patriot Software vs TopNotepad
  • Xero vs AccountEdge Pro
  • FreeAgent vs ZarMoney
  • TopNotepad vs TrulySmall Accounting
  • Kashoo vs Acclux
  • TopNotepad vs Accurants
  • Accurants vs myBooks
  • Patriot Software vs Sage Accounting

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