ANNA Business Tools vs Coconut: Which Is Better Accounting Software?

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

ANNA Business Tools vs Coconut Basics

	ANNA Business Tools	Coconut
Software Website	ANNA Business Tools Website	Coconut Website
HMRC MTD Status	Not Included	In Development
Who Can Use It?	Businesses and Accountants	Self-employed people
HMRC Listed Features	None	None
Platforms	Web-based application, Android, iOS	Web-based application, Android, and iOS

Note data for this section comes from HMRC here and here

Wondering if ANNA Business Tools or Coconut has better user reviews. We compared them below.

	ANNA Business Tools	Coconut
Trustpilot Rating	4.5	4.5
Number of Trustpilot Reviews	2566	714
iPhone App Rating	4.5	4.7
Number of iPhone Reviews	791	2800
Android App Rating	3.6	4.6
Number of Android Reviews	1250	1040

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper ANNA Business Tools or Coconut? Here are their prices compared.

Data taken from each company’s website at the time of writing but may have since changed.

Data taken from each company’s website at the time of writing but may have since changed.

Fulfils your basic business admin for free
Bookkeeping tools that track your sales, profits and expenses
Submit your VAT Return from any Excel or Google Sheets spreadsheet for £3.50 + VAT
Share access with your accountant or sync with accounting software like Xero or Quickbooks
Create and send professional-looking invoices
Snap receipts and match them to transactions on the go

	ANNA Business Tools	Coconut
Payroll Software Integration	Yes	No
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	Yes	No
Prepare Self Assessment	Yes	Yes
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	Yes	Yes
Forecast Cash Flow	Yes	Yes
Accept and Make Payments In Different Currencies	Yes	No
Employee Time Tracking	No	No
Projects	No	No
Bank Feed Integration	Yes	Yes
End of Year Filings	Yes	No
Capture Bills And Receipts	Yes	Yes
Bulk Reconcile Transactions	Yes	Yes
Track Inventory & Stock Levels	No	No

	ANNA Business Tools	Coconut
Pros	Free plan available for sole traders & limited companies Has most of the key features youâ€™re likely to need Can be used even if you donâ€™t bank with ANNA	App is well designed Price Perfect set of features Customer service is top notch Dashboard makes seeing all daily activities in one place
Cons	Youâ€™ll need the paid version for Corporation Tax returns Doesnâ€™t offer any more advanced features or reporting Not suitable for large corporations	Few features lacking compared to other scheduling software Calculations didn’t match up