Both Xero and myBooks are leading accounting software solutions, but which one is better for you and your business?
Below we compare Xero and myBooks across nearly 50 different data points to help you make find the right one.
Xero vs myBooks Reviews
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| Xero | myBooks | ||
| Trustpilot Rating | 4.3 | 4 | |
| Number of Trustpilot Reviews | 6,232 | 4 | |
| iPhone App Rating | 4.6 | 4.1 | |
| Number of iPhone App Reviews | 982 | 33 | |
| Android App Rating | 4.3 | 3.2 | |
| Number of Android App Reviews | 12,400 | 231 |
Xero vs myBooks Pricing
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| Xero | myBooks | |
| Free Trial | Yes | Yes |
| Free Trial Length | 30 days | 30 days |
| Cheapest Plan Name | Early | Standard |
| Cheapest Plan Cost Per Month | $42 | $9.99 |
| Mid Priced Plan Name | Growing | Premium |
| Mid Priced Plan Cost Per Month | $42 | $9.99 |
| Top Plan Name | Established | Enterprise |
| Top Plan Cost Per Month | $78 | Not Listed |
Xero vs myBooks Features
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| Features | Xero | myBooks |
| Target Business Size | Enterprise | Medium |
| Tax Help | Yes | Yes |
| Income & Expenses | Yes | Yes |
| Bookkeeping | Yes | Yes |
| Send Invoices | Yes | Yes |
| Collect Payments Via Bank Transfer | Yes | Yes |
| Collect Payments Via Credit Card | Yes | Yes |
| Recurring Payments | Yes | No |
| Enter Bills | Yes | Yes |
| Reconcile Bank Transactions | Yes | Yes |
| Bank Account Included | No | No |
| Cash Flow Report | Yes | Yes |
| W-9 + 1099 Management | Yes | No |
| Help With Sales Tax | Yes | No |
| Use Multiple Currencies | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Payroll Software Integration | Yes | No |
| Tax Deductions | Yes | No |
| Receipt Capture | Yes | No |
| Mileage Tracking | Yes | No |
| Time Management | Yes | No |
| Inventory Management | Yes | Yes |
| User Access Controls | Yes | Yes |
| Financial Planning | Yes | Yes |
| Import/Export To & From Excel | Yes | Yes |
| Free Support | Yes | Yes |
| API | Yes | Yes |
List of Other Software Integrations
| Xero | myBooks |
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Xero Early Features
- Send invoices and quotes
- Enter bills
- Reconcile bank transactions
- Capture bills and receipts with Hubdoc
- Short-term cash flow and business snapshot
- W-9 + 1099 Management
- Sales Tax
myBooks Standard Features
- 3 User
- 1 Division/Branch
- 100 Tansactions
- Single Bank Account
- Payment Integration
- Purchase Order
- Android & IOS app
Xero Established 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
Xero vs myBooks Pro & Cons
| Xero | myBooks | |
| Pros |
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