MyPract vs Financial Cents: Simple Workflow, Two Very Different Price Tags
By the MyPract team · Updated 2026-10-05
Short answer: Financial Cents is a simple workflow and client-request tool for small US firms, at US$49 per user a month on Team (about ₹5.6 lakh a year for 10 users). MyPract costs ₹12,000 a year for 10 users and adds approved-time billing and audit-style engagements, but has no automated client reminders or ledger integrations.
Last updated 5 October 2026. Prices exclude GST. US$1 = ₹96. MyPract is our product, so we link competitor claims to their sources and list where each competitor is stronger. Converted rupee figures exclude bank forex charges and 18% GST on imported services.
Financial Cents is a workflow and client-collaboration tool for accounting and bookkeeping firms, popular with small US practices. It positions itself as the value pick among US tools, starting at US$19/month for a solo user (Financial Cents). For an Indian firm, even "value" US pricing is several times MyPract's rupee price.
MyPract vs Financial Cents at a glance
| MyPract | Financial Cents | |
|---|---|---|
| Solo | ₹6,000/yr covers up to 5 users | Solo US$19/month billed annually |
| Team | ₹1,200/user/yr (to 30 users) | Team US$49/user/month billed annually (US$69 monthly) |
| Higher tier | ₹1,500/user/yr above 30 | Scale US$69/user/month billed annually |
| Trial | 3 months, no card | Free trial; confirm length |
| Workflow | Engagements, kanban, calendar, dependencies, task rules | Recurring workflows, checklists, client tasks |
| Client requests | Free portal: messages and uploads | Automated client requests and reminders |
| Integrations | None | QuickBooks Online, Xero and others (US-centric) |
| Hosting | India (Mumbai) | Confirm with vendor |
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Start your free trialAnnual cost by team size
| Team | MyPract | Financial Cents Team (annual) |
|---|---|---|
| 5 users | ₹6,000 | US$2,940 (≈ ₹2.82 lakh) |
| 10 users | ₹12,000 | US$5,880 (≈ ₹5.64 lakh) |
| 20 users | ₹24,000 | US$11,760 (≈ ₹11.29 lakh) |
Where MyPract is stronger
- Price. A 10-person firm pays about ₹12,000 on MyPract against roughly ₹5.6 lakh on Financial Cents Team.
- Audit-shaped engagements. Dependencies and task rules sequence fieldwork, review and sign-off.
- Approved-time billing. Approvals, time locks and rate rules feed invoices directly.
- Six roles with row-level security, including a Client role.
- India hosting and a three-month trial.
Where Financial Cents is stronger
- Automated client requests and reminders for chasing documents.
- Ledger integrations with QuickBooks Online and Xero.
- Simple setup for very small US firms.
Who should choose which?
Choose Financial Cents if you are a small US bookkeeping firm whose clients use QuickBooks or Xero.
Choose MyPract if you are an Indian CA firm that wants engagement and billing control at a rupee price.
Frequently asked questions
How much does Financial Cents cost?
Solo is US$19/month and Team is US$49/user/month, both billed annually.
Can MyPract send client reminders?
Clients can message and upload through MyPract's free portal. Automated client reminders are not available yet.
Is Financial Cents available in India?
It is sold online in US dollars; confirm billing and support for India with the vendor.
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[1] Financial Cents (financial-cents.com)