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NetSuite vs MYT: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better NetSuite or MYT?

We compare them based on real user reviews, prices and what features they both offer.

NetSuite homepageMYT homepage
 

NetSuite vs MYT Basics

NetSuiteMYT
Software WebsiteNetSuite WebsiteMYT Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?BusinessesBusinesses and Self-employed
HMRC Listed FeaturesNoneNone
PlatformsCloud-based application, Android, iOSCloud-based application, Android, and iOS
Note data for this section comes from HMRC here and here

NetSuite vs MYT Reviews

Wondering if NetSuite or MYT has better user reviews. We compared them below.

NetSuiteMYT
Trustpilot Rating1.9No Rating
Number of Trustpilot Reviews17No Reviews
iPhone App Rating2.15
Number of iPhone Reviews728
Android App Rating1.84.7
Number of Android Reviews40618
Please note ratings we’re accurate at the time of writing but may have since changed

NetSuite vs MYT Prices

Which is cheaper NetSuite or MYT? Here are their prices compared.

NetSuite pricingMYT pricing

Free Plans & Trials

NetSuiteMYT
Free Plan?NoNo
Free Trial?NoYes
Free Trial Length?No30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

NetSuiteMYT
Cheapest Plan Cost Per MonthNot Listed£10.00
Mid-Tier Plan Cost Per MonthNA£20.00
Top Plan Cost Per MonthNA£30.00
Data taken from each company’s website at the time of writing but may have since changed.

NetSuite vs MYT Features

NetSuite featuresMYT features

NetSuite Basic Features

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

NetSuite Software Integrations

  • Rippling
  • BambooHR
  • SAP
  • UKG
  • Namely
  • Workday
  • TaxJar
  • Deel

MYT Basic Features

  • AI analytics up to 50 documents
  • Creating customer invoices
  • Submit VAT returns to HMRC
  • Uploading bank statements
  • BOPP Integration
  • Uploading Supplier Invoices
  • Customer list
  • Uploading CIS vouchers
  • Online Bookkeeping

MYT Software Integrations

  • QuickBooks

Common Feature Comparison

NetSuiteMYT
Payroll Software IntegrationYesNo
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentNoYes
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsYesNo

NetSuiteMYT
Pros
  • User Friendly
  • Customizable
  • Data Reports
  • User Interface
  • Website Building
  • Free trial
  • Intuitive, comprehensive, and innovative tax app
  • Artificial Intelligence Expense Capture
Cons
  • Learning Curve
  • Reporting Feedback
  • Not User Friendly
  • Takes Time
  • Customization Requests
  • Low review score

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