Switching

The 5 best Netbókhald alternatives for 2027 and how to move your books

Kassify · 6 November 2026

Netbókhald is an Icelandic accounting system, and the full package, sales, ledger and payroll, costs 13.754 kr. a month excluding VAT. On its site Netbókhald says the system is for companies that choose to run their own books, without hiring professional services. If the books get too complicated, its advice is to give a bookkeeper access.

A new financial year starts on 1 January 2027, and companies that do not want to do their own books for another year are comparing the options now. Here is what Netbókhald really costs, the 5 best alternatives in order and how your books move out of Netbókhald.

What Netbókhald costs

Netbókhald's price list on 5 November 2026, per month. Package prices exclude VAT.

ItemPriceWhat comes with it
One system5.900 kr.Sales, ledger or payroll
Full package13.754 kr.Sales, ledger and payroll
Bank connection+ 2.785 kr.Bank claims, booking of claim payments and importing bank transactions
E-invoices+ 2.100 kr.Sending e-invoices
Subscriptions+ 5.200 kr.Recurring invoices, monthly or yearly
More than one companyQuoteA custom package

Netbókhald charges nothing extra for more staff or higher turnover, and users and transactions are unlimited. What raises the bill is the add-ons. The full package with the bank connection and e-invoices costs 18.639 kr. a month, and with subscriptions 23.839 kr.

The bank connection fetches the transactions, picks the account and date, and books customer payments automatically. Netbókhald itself says it pays off at 10 to 15 invoices a month. E-invoices go through a message broker Netbókhald connects you to, and receiving e-invoices is marked "Væntanlegt" (coming) on Netbókhald's site.

The subscription is the smallest part of the cost

Netbókhald's help pages ask which account a ledger entry should be booked to. The answer is that to be sure the account is right, you need some bookkeeping knowledge. The system keeps the figures, but you or your bookkeeper decide where each entry goes. An accountant then does the annual accounts and tax return on a separate invoice.

A bookkeeper you give access to Netbókhald bills by the hour. Endurskoðun & ráðgjöf publishes 15.500 kr. an hour for bookkeeping and a 130.000 kr. base fee for a company's annual accounts and tax return, excluding VAT. Each hour a month therefore costs 186.000 kr. a year. In the example below the bookkeeper works 4 hours a month.

Per year, excluding VATYou do the booksBookkeeper, 4 hours a month
Netbókhald, full package with bank connection and e-invoices223.668 kr.223.668 kr.
Bookkeeper, 48 hours at 15.500 kr.Your time744.000 kr.
Annual accounts and tax return, base fee130.000 kr.130.000 kr.
Total353.668 kr. and your hours1.097.668 kr. on three invoices

The question that matters is who does the work, as the article on software or an accounting firm sets out. So the ranking below goes by how much work comes off your plate, and then by price.

The 5 best alternatives to Netbókhald

Prices per month excluding VAT, from each company's site on 5 November 2026.

#OptionWho does the workPriceE-invoices
1KassifyKassifyA fixed monthly price, 20% below a traditional accounting firm, annual accounts includedNot sold as an add-on, through Unimaze
2PaydayYou or your bookkeeper, plus an accountant4.600 to 11.700 kr., at most 2% of turnover20 messages a month included, 35 kr. beyond
3ReglaYou or your bookkeeper, plus an accountant8.800 to 23.700 kr.3.600 kr. with 10 messages, 40 kr. beyond
4dkYou or your bookkeeper, plus an accountant19.250 to 39.000 kr.Connection fee included in dk Tindur
5UnicontaYou or your bookkeeper, plus an accountantFrom 7.995 kr. for one user at Fjártækni4.995 kr. and a 15.000 kr. setup fee

1. Kassify

Kassify is an accounting firm that uses AI and takes over the books themselves, not just the system. That is why Kassify ranks first: you stop booking, reconciling, filing VAT and running payroll, and instead of invoices from a system, a bookkeeper and an accountant you pay one fixed monthly price that also covers the annual accounts and tax return.

The other four options are systems like Netbókhald. You move the books from one system to another and the work moves with you. With Kassify the work comes off your plate. More on bookkeeping at Kassify.

2. Payday

An Icelandic cloud system with invoicing, bookkeeping and payroll. The price follows usage: the full package costs at most 11.700 kr. a month, or 2% of turnover if that is lower. In the full package Payday receives e-invoices and gives bookkeeping help by online chat. More in the article on Payday alternatives.

Keep in mind: Payday imports customers, suppliers and opening balances, so the transaction history stays behind in Netbókhald. If you run payroll you pay at least the payroll package, 7.000 kr. The booking stays with you or your bookkeeper.

3. Regla

An Icelandic cloud system with a flat monthly fee and no percentage of turnover. The starter package costs 8.800 kr., ledger and sales 15.800 kr., and ledger, sales and payroll 23.700 kr. E-invoices, sending and receiving, cost 3.600 kr. with 10 messages.

Keep in mind: Transaction counts run from the start, not per month. The starter package covers fewer than 1.000 ledger transactions and moves to the standard price on its own after that. The bookkeeper and the accountant come on top.

4. dk

A long-established Icelandic system in three packages: dk Kjarni 19.250 kr., dk Vöxtur 29.500 kr. and dk Tindur 39.000 kr. Payables come in with Vöxtur, and payroll for 10 employees and the e-invoice connection fee with Tindur. Payroll can also be bought as an add-on to the other packages. More in the article on how to switch from dk.

Keep in mind: The dk package that includes payroll, dk Tindur, costs 39.000 kr., nearly three times Netbókhald's full package. The bookkeeper and the accountant come on top.

5. Uniconta

A system sold here through resellers. At Fjártækni, Standard costs 4.495 kr. and Icelandic localisation 3.500 kr. per user, so 7.995 kr. for one user. The ledger comes with digital receipts, an approval system and bank reconciliation.

Keep in mind: Standard covers up to 2.000 ledger transactions a year. Bank links cost 1.995 kr., e-invoicing 4.995 kr. with a 15.000 kr. setup fee, and payroll is sold separately as UniSal, from 2.995 kr. a month for one employee and 6.995 kr. for up to 20, at its 2026 offer price. The bookkeeper and the accountant come on top.

Who does the work

TaskNetbókhaldKassify
Fetching bank transactionsBank connection, 2.785 kr. extraKassify, not sold as an add-on
Booking costs and ledger entries to the right accountYou or your bookkeeperKassify
Supplier billsYou enter themFrom email, Messenger and the app
VAT report and VAT returnYou file from the systemKassify
Payroll, withholding tax and pension returnsYou run payrollKassify
Annual accounts and tax returnAn accountant, invoiced separatelyA chartered accountant, included in the monthly price

How your books move out of Netbókhald

Netbókhald exports reports as Excel files and sales invoices as PDF, and the history is moved from those. Netbókhald's site does not say what happens to your data after you cancel, so take it out before you do. This is what has to come out of Netbókhald:

  1. 1
    The reports as Excel files

    The transaction list (hreyfingalisti), the balance list (stöðulisti) and the customer transaction list, for every year that should come with you, and the payroll reports from the payroll system.

  2. 2
    The sales invoices as PDF

    Under "Viðskiptamenn" choose "Sjá alla reikninga" for each customer, select the invoices and choose "Sækja sem PDF".

  3. 3
    The balance list on the switch date

    It should match the opening balances in the new system, account by account, before the first entry is booked.

These are the dates around the New Year, from Skatturinn. VAT is due one month and five days after the end of a period, and moves to the next working day if it falls on a weekend.

WhatDate
VAT for September and October 20267 December 2026, because 5 December is a Saturday
New financial year and switch date1 January 2027
VAT for November and December 2026, the last return from Netbókhald5 February 2027
VAT for 2026 for companies that file once a year5 February 2027
VAT for January and February 2027, the first return in the new system5 April 2027

With Kassify you do none of this. You give access to Netbókhald and your bookkeeper's name. Kassify takes the data out, moves the history, closes any open periods, reconciles every account and takes over in less than 7 days. The move is included in the monthly price.

Questions

What does Kassify cost?

One fixed monthly price, set by the size of your business and 20% below a traditional accounting firm, covers bookkeeping, payroll, VAT, the annual accounts and the tax return. You get the price in writing before you decide.

Do my old sales invoices come over from Netbókhald?

Yes. Sales invoices, transactions, payslips and opening balances move over, and every account is reconciled before Kassify takes over.

My bookkeeper has access to Netbókhald. What happens to them?

Kassify talks to them, gets the data and takes over the work. You do not have to have that conversation.

How does Kassify connect to my bank?

Each bank is connected directly, and your credit cards too. You sign in at your bank once, and Kassify does not sell the bank connection as an add-on.

Can I send e-invoices with Kassify?

Yes, to EN 16931 and Peppol through Unimaze, and the recipient can also pay by card, Apple Pay or Google Pay. More on invoicing at Kassify.

When is the best time to switch?

Before 1 January 2027. A new financial year and a new VAT period start then, and Kassify books from the first day. The last period in Netbókhald, November and December, is due on 5 February 2027, and Kassify closes that one too.

When do I cancel Netbókhald?

Once the data is out and the numbers match in Kassify. The Bookkeeping Act no. 145/1994 requires accounting records to be kept for 7 years from the end of the financial year, and Kassify keeps every receipt for 7 years.

Every transaction booked. Every return on time.

Leave your email and Kassify works out what your books cost you today, with Netbókhald, a bookkeeper and an accountant. You get Kassify's price in writing before you decide.