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Absolute vs IRIS Elements: Which Is Better Accounting Software?


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

Which accounting software is better Absolute or IRIS Elements?

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

Absolute homepageIRIS Elements homepage
 

Absolute vs IRIS Elements Basics

AbsoluteIRIS Elements
Software WebsiteAbsolute WebsiteIRIS Elements Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?Businesses, Accountants, and Sole practitionersBusinesses and Accountants
HMRC Listed FeaturesNoneNone
PlatformsWeb-based and Desktop applicationCloud-based application
Note data for this section comes from HMRC here and here

Absolute vs IRIS Elements Reviews

Wondering if Absolute or IRIS Elements has better user reviews. We compared them below.

AbsoluteIRIS Elements
Trustpilot RatingNo Rating3.6
Number of Trustpilot ReviewsNo Reviews1616
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Absolute vs IRIS Elements Prices

Which is cheaper Absolute or IRIS Elements? Here are their prices compared.

Absolute pricingIRIS Elements pricing

Free Plans & Trials

AbsoluteIRIS Elements
Free Plan?YesNo
Free Trial?YesYes
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

AbsoluteIRIS Elements
Cheapest Plan Cost Per Month£25.00£3.00
Mid-Tier Plan Cost Per Month£430.00£9.00
Top Plan Cost Per Month£1,200.00£25.60
Data taken from each company’s website at the time of writing but may have since changed.

Absolute vs IRIS Elements Features

Absolute featuresIRIS Elements features

Absolute Basic Features

  • One program – multiple applications
  • Simple “pay as you go” process
  • Spread the cost or go unlimited
  • Demo download

Absolute Software Integrations

Not Listed

IRIS Elements Basic Features

  • Sole Trader & Partnerships​
  • Limited Company FRS105, FRS 102S1A & Dormant​
  • Simple chart of accounts – fixed account descriptions​
  • Simple trial balance entry​
  • Direct electronic filing to Companies House​

IRIS Elements Software Integrations

  • KashFlow
  • Xero
  • Quickbooks
  • HMRC

Common Feature Comparison

AbsoluteIRIS Elements
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesNo
Create InvoicesNoYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsNoNo
Track Inventory & Stock LevelsNoNo

AbsoluteIRIS Elements
Pros
  • Free plan
  • FRS102 and FRS105 compliant
  • Fully XBRL and iXBRL compatible with Companies House and HMRC
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • Lack of reviews
  • No app
  • No app

More Comparisons

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Absolute vs Onvio Tax
Absolute vs PaTMa
Absolute vs QuickFile Accounting Software

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