Name: myBooks
Rating: 4.9 (8 reviews)

Accounting made easy

mybooks is a cloud-based accounting software for small businesses. The software simplifies online accounting processes, and its user-friendly interface enables users to navigate the software without difficulties. The software’s seamless integration with invoicing and inventory makes the accounting process more transparent and accountable. Managing expenses, day-to-day cash flow, payments, etc., is easier with this affordable accounting and bookkeeping tool. The advanced version offers exclusive features such as automatic bank feed, profitability analysis, SMS integration, etc. The software can be accessed on the web, iOS, and Android. Business owners can try myBooks for free for 30 days.

Industries

Accounting
Financial-services

Licensing & Deployment

Proprietary
Cloud Hosted
Web-based
iPhone/iPad
Android

Support

Chat
Phone
24x7 Support

Knowledge Base

Help Guides
Video
Blog

Media

myBooks Core Features

Focus of Accounting Feature

Accounts Payable
Bank Reconciliation
Expense Tracking
Fixed Asset Management
Fund Accounting
Project Accounting
Purchase Orders

myBooks Pricing

Pricing Type

Flat Rate

Preferred Currency

USD ($)

Free Version

Free Trial

30 Days Trial

Payment Frequency

Monthly Payment
Annual Subscription

Vendor pricing page Get Free Trial

Plans & Packages

Premium

$2.98 Per Month

Executive Interview of myBooks

Mathivanan Gowthaman

Owner & CEO

Visit Profile

Please introduce your product and give a brief about your role within the organization.

myBooks accounting software is cost-effective and time-saving Bookkeeping app for SMEs. I am the lead product owner of myBooks involved in overseeing product development. Additionally, I oversee the customer acquisition and engagement for myBooks.

What was the objective behind coming up with this software?

We wanted to create an integrated financial engine for small business owners, which can take care of regular bookkeeping, Sales, HR. So business owners can see the big picture without simulating all the possible scenarios on their heads.

How is your software beneficial from a value addition perspective to the clients compared to other software alternatives available in the market?

We found out the existing products were expensive and time-consuming to operate for a busy small business owner with fewer resources. We wanted to create an app that will be quick to maintain books, also simple, and cost-effective.

What industries do you generally cater to? Which industries in general are highly benefiting by using your software?

Our app is industry agnostic. However, currently, manufacturing and product-based companies are primarily using the app.

What are the key features of your software that makes it stand apart from your competitor products in the market?

We have in-built profit management features, which show the profit incurred on each sale, to avoid selling on loss. Further, we have simplified financial journals to simple business transactions which are very easy to use for a business owner who doesn’t understand the credit/debits of double-entry accounting.

What is the customer satisfaction rate according to you? What steps do you take to cater to your customer’s needs and requirements?

Currently, we are 80%, We regularly listen to users and align our new feature development according to the customer requirement.

Are your customers repetitive? If yes, what is the percentage of repeat customers that you have?

Yes, our model is subscription-based, we depend on recurring revenue per customer. Our renewal rate is at 75% currently.

Does your software product provide any resource or knowledge section for its users? If yes, what kind of material is provided to your users to help them get acquainted with your product?

We have a support portal with a knowledge base and how-to videos.

What kind of support system do you offer to your clients for catering to their queries and issues?

We offer In-app chat support and also support through other channels like Email and Phone.

What has been the revenue for your product for 2020?

Our revenue was around $10,000 in 2020 since we were giving free subscriptions for a lot of initial users.

Where do you see your product in the next 10 years?

We want to position our product as the leader in accounting software in terms of ease of use, cost-effectiveness, and mobility.

myBooks Reviews

8
Total Reviews

4.9/5
Overall Rating

0
Recent Reviews

What Users Say

My Books: A Journey Through Pages and Perspectives

RONIT SHAH, Marketing at Amdocs

Exceptional Experience

Nicolas James

The software simplifies online accounting processes

Selene Coccato, Sceenwriter at Selene Coccato

This software is one of the best for accounting software for small businesses

Narbhavi M

myBooks is an online accounting software that makes accounting management easy and is specially built for small businesses.

Harley Harding

What Users Like The Most

Excellent software, for maintaining the accounting for all kinds of businesses like manufacturing, FMCG, retail store, logistics and construction firms.
One of the best accounting software that provides free GST invoicing, billing and much more.
Offers a great analytics dashboard to manage accounts.

What Users Like The Least

So far there is nothing I dislike about this software.
More advanced options can make it more suitable for mid and large corporates.
A few features are confusing for me.

myBooks Reviews

4.98 Reviews

RONIT SHAH, Marketing at Amdocs

Posted on Dec 11, 2024

My Books: A Journey Through Pages and Perspectives

User-Friendly Interface The interface of myBooks is intuitive and easy to navigate. I appreciate how quickly I can find my favorite books or discover new ones without feeling overwhelmed. The layout is clean, making it simple to browse through different categories and genres.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

9 Months

How frequently you use myBooks?

Monthly

How do you find pricing of myBooks?

mid-tier

What do you like the most about myBooks?

Integration with Invoicing and Inventory: Users find that myBooks effectively integrates invoicing and inventory management, simplifying the overall accounting process and making it easier to track expenses and revenues.

What do you like the least about myBooks?

Limited Invoice Templates: Users found the invoice templates to be basic and lacking in customization options, which can limit branding and presentation capabilities for businesses that require more professional invoices

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Nicolas James

Posted on Oct 11, 2024

Exceptional Experience

A very user friendly interface. With smart features any one can operate it smoothly. With lots of accounting functions that help businesses to work smarter.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

72 Days

How frequently you use myBooks?

Daily

How do you find pricing of myBooks?

mid-tier

What do you like the most about myBooks?

Their user interface

What do you like the least about myBooks?

Loading time

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Selene Coccato, Sceenwriter at Selene Coccato

Posted on May 28, 2024

The software simplifies online accounting processes

mybooks is accounting software for small businesses. The software simplifies online accounting processes The integration of the software with invoicing and inventory makes the accounting process easier. Managing expenses is simpler. The advanced version offers exclusive features The software can be accessed via Web, iOS and Android. Try it free for 30 days.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

1 Months

How frequently you use myBooks?

Weekly

How do you find pricing of myBooks?

inexpensive

What do you like the most about myBooks?

The integration of the software with invoicing and inventory makes the accounting process easier. Managing expenses is simpler.

What do you like the least about myBooks?

Nothing is everything good.

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Harley Harding

Posted on Nov 01, 2022

myBooks is an online accounting software that makes accounting management easy and is specially built for small businesses.

This cloud-based accounting software is a wonderful one. It is very simple for everyone to use a new user. It makes everything easy for my business such as recording transactions, profits, losses, and expenses. A must-have tool for businesses.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

11 Months

How frequently you use myBooks?

Daily

What do you like the most about myBooks?

Suitable for all kinds of businesses to manage their accounts and finances.

A very affordable solution for small and solo businesses.

You can save a lot of time as this program connects with your bank and work automatically.

What do you like the least about myBooks?

There are a few areas of improvement.

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Switched from

Marty Tingey

Posted on Oct 19, 2022

myBooks is online accounting software that helps manage finances suitable for small business owners.

This is the best tool that provides great accounting and bookkeeping services for small businesses. It is really very useful to manage expenses, profit & loss, inventory with a low stock alert, and cash flow of a business more efficiently. It has a great UI and it is a very easy-to-handle tool. Great support from the technical team.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

12 Months

How frequently you use myBooks?

Daily

What do you like the most about myBooks?

Affordable solution for small businesses.

Easy to use and user-friendly.

Reliable and nice solution.

Great tool for SMEs and the dashboard is nice.

What do you like the least about myBooks?

A few features are confusing for me.

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Switched from

Anonymous User

Posted on Aug 08, 2022

myBooks is a bookkeeping, invoicing & accounting platform that manage all business financials, and easily track and manage income and expenses.

Awesome accounting software for my business. It's quick and easy to create invoices and expenses. Help us with lots of customizations. Creating estimates and business bookkeeping on this software is very easy and hassle-free. This software is available on a mobile device. Its application and all available features are fantastic. I can easily manage my day-to-day accounting.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

7 Months

How frequently you use myBooks?

Daily

What do you like the most about myBooks?

Their customer support is quick.

Best accounting software for small businesses.

Affordable and simple to use.

What do you like the least about myBooks?

More advanced options can make it more suitable for mid and large corporates.

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Switched from

Anonymous User

Posted on Jul 28, 2022

myBooks is easy-to-use online accounting software designed to serve midsize businesses to manage their finances.

I love myBooks accounting software, it is very simple and very good at what it does! They make my record-keeping and accounting tasks so much easier! It’s really great for tracking the details of a variety of projects. It is easy to create professional invoices as well as track them. Its all features are advanced and useful.

What was the project name that you have worked with myBooks?

Accounting Software

How long have you used myBooks?

6 Months

How frequently you use myBooks?

Daily

What do you like the most about myBooks?

Excellent software, for maintaining the accounting for all kinds of businesses like manufacturing, FMCG, retail store, logistics and construction firms.

One of the best accounting software that provides free GST invoicing, billing and much more.

Offers a great analytics dashboard to manage accounts.

What do you like the least about myBooks?

So far there is nothing I dislike about this software.

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating

Switched from

Narbhavi M

Posted on Mar 30, 2022

This software is one of the best for accounting software for small businesses

This accounting software is one of the best suited for my business. It has the best integration, simple to use, has easy transactions, efficient inventory management.

How long have you used myBooks?

32 Weeks

How frequently you use myBooks?

Weekly

What do you like the most about myBooks?

This accounting software is worthy for subscription. The features looks cool and simple to use

What do you like the least about myBooks?

I haven't found any flaws in this accounting software. It really works well for my business

Rating Breakdown

Ease of Use
Features
Customer Support
Overall Rating