myBooks

Accounting made easy

5.0 6 Reviews
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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.
Zetran Corporation
2017
United States
2 Industries
1 Language
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LICENSING & DEPLOYMENT

SUPPORT

  • Chat
  • Phone
  • 24x7 Support

Knowledge Base

  • Help Guides
  • Video
  • Blog

myBooks Core Features

Accounting

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

myBooks Executive Interview

Mathivanan Gowthaman
Mathivanan Gowthaman
Owner & CEO, myBooks
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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 Pricing

Pricing Type

  • Flat Rate

Preferred Currency

  • USD ($)

Free Version

  • Yes

Payment Frequency

  • Monthly Payment
  • Annual Subscription

Plans & Packages

Premium
$2.98 Per Month

myBooks Reviews

5.0 6 Reviews
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Selene Coccato

The software simplifies online accounting processes

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Review Summary

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.

Which features have you used in 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.

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

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Switched from

Review Summary

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.

Which features have you used in 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.

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

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Switched from

Review Summary

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.

Which features have you used in 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.

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

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Switched from

aACE Accounting

Review Summary

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.

Which features have you used in 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.

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

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Switched from

Review Summary

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.

Which features have you used in 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.

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

Rating Breakdown

  • Ease of Use
  • Features
  • Customer Support
  • Overall Rating

Review Summary

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