Akaunting vs. MyBooks Comparison


Akaunting	MyBooks I Own Software	+	+
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		Related Products Xero Save 80% for 4 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 6,132 Ratings Visit Website Invoice Home Choose from hundreds of beautiful invoice templates to create and send custom invoices. 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Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a corporate AP portal rather than paid from an emailed invoice. Monk submits into more than 600 of them, including Coupa, Ariba and SAP Business Network, and uploads 87% autonomously. Julia, the Monk agent for Intelligent Collections, reads customer replies and responds to what was written rather than advancing a fixed dunning sequence. 90% of invoices resolve without escalation. Email sends from your own mailbox via Gmail or Microsoft 365, so there is no new sending domain. Payments match to open invoices at 80%, rising to 95% with rules your team configures. Connects to QuickBooks, NetSuite and Dynamics 365 Business Central. Live in one to three days. SOC 2 Type II. 8 Ratings Visit Website Odoo Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. 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Odoo keeps all business functions in one place, allowing teams to collaborate with other departments from one unified platform in the most efficient way possible. 1,729 Ratings Visit Website Martus Martus Solutions is a purpose-built budgeting, reporting, and forecasting platform for nonprofit organizations and small to mid-sized businesses (SMBs). Say goodbye to cumbersome spreadsheets and streamline your financial planning. Our easy-to-use solution offers collaborative budgeting and flexible reporting features that can help your team make informed, mission-driven decisions. Martus empowers your team to budget efficiently, report seamlessly, and forecast with precision with access to real-time data, cashflow forecasting, personnel budgeting, and automated workflows. Full implementation takes about three weeks, but most users can begin working within the first hour of the kickoff call. 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About Akaunting is a free, open-source, and online accounting software for small businesses and freelancers. From invoicing to expense tracking to accounting, Akaunting has all the tools you need to manage your money online, for free. That's right, completely free. There is no limited or trial version, only full. No hidden charges or setup fees, no counter, free means free. See your financials online anytime, anywhere on your computer, tablet, or phone. Run your business from anywhere and know your cash position. As we talk about your financials, you must be sure that data is safe and the software doesn't abuse them. Open source software provides you full privacy. Everything you need to manage your web accounting. Keep track of all of your payments, invoices, expenses, etc. in one place with zero fees. Stay on top of your cash flow and make smarter decisions about your business. Amaze your clients with professional looking invoices and get paid faster.	About MyBooks is a desktop accounting application for small businesses, self-employed users, and bookkeepers. It supports invoicing and accounts receivable, bank-feed imports, expense and transaction tracking, financial reports, online payment links, and email delivery of documents. Businesses can manage multiple users, import company data from QuickBooks, and prepare 1099 forms. MyBooks runs on Windows, macOS, and Linux, with company data stored locally on the user's computer rather than in a vendor-hosted web account. It is sold as a one-time license that includes one year of updates, with additional user seats for $49 each and optional update renewals for $49/year. The product includes a free 30-day trial and a 90-day money-back guarantee.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Supported Mac Supported Linux Supported Cloud Not Supported On-Premises Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Small businesses in search of a free and online solution to manage their finances and cash flow	Audience Self-employed people, business owners, and QuickBooks users.
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos No images available
Pricing $24 per month Free Version Supported Free Trial Not Supported	Pricing $299 one-time The one-time license is $299 and includes one user and one year of updates. Additional users are $49 per seat. Optional update renewals are $49/year, and no subscription is required. Free Version Not Supported Free Trial Supported
Reviews/Ratings Overall 1.0 / 5 ease 5.0 / 5 features 5.0 / 5 design 5.0 / 5 support 1.0 / 5 Read all reviews	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Pros & Cons from Real Users Pros It's visually impressive, you can self host. Modern clean interface that is how I imagine software should be like. Cons Constantly failing updates, Failed backups, Great customer service with no resolution of any problem, Tickets being closed without a resolution. Crippled without the double entry app requiring a subscription. Self hosting means you go it alone and sit for month and months with no solution to a problem that an update created.
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported
Company Information Akaunting United States akaunting.com	Company Information I Own Software Founded: 2026 United States mybooks.iownsoftware.com
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Categories Accounting Supported	Categories Accounting Supported
Accounting Features Accounts Payable Not Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Not Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Not Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Not Supported Tax Management Not Supported
Integrations AWS Marketplace Supported Azure Marketplace Supported Cash App Not Supported Elestio Supported Gmail Not Supported Infince Supported Livewire Supported Mailgun Not Supported Microsoft Outlook Not Supported PayPal Not Supported SendGrid Not Supported Square Payments Not Supported Stripe Not Supported Venmo Not Supported Show More Integrations View All 5 Integrations	Integrations AWS Marketplace Not Supported Azure Marketplace Not Supported Cash App Supported Elestio Not Supported Gmail Supported Infince Not Supported Livewire Not Supported Mailgun Supported Microsoft Outlook Supported PayPal Supported SendGrid Supported Square Payments Supported Stripe Supported Venmo Supported Show More Integrations View All 9 Integrations
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