BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

Bokio vs IRIS Elements: Which Is Better Accounting Software?


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

Which accounting software is better Bokio or IRIS Elements?

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

Bokio homepageIRIS Elements homepage
 

Bokio vs IRIS Elements Basics

BokioIRIS Elements
Software WebsiteBokio WebsiteIRIS Elements Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses, Self-employed, and AccountantsBusinesses and Accountants
HMRC Listed FeaturesRecord keeping, simplified expenses and raising invoicesNone
PlatformsWeb-based applicationCloud-based application
Note data for this section comes from HMRC here and here

Bokio vs IRIS Elements Reviews

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

BokioIRIS Elements
Trustpilot Rating23.6
Number of Trustpilot Reviews541616
iPhone App Rating3.4No Rating
Number of iPhone Reviews16No Reviews
Android App Rating3.5No Rating
Number of Android Reviews181No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Bokio vs IRIS Elements Prices

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

Bokio pricingIRIS Elements pricing

Free Plans & Trials

BokioIRIS Elements
Free Plan?YesNo
Free Trial?YesYes
Free Trial Length?2 months30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

BokioIRIS Elements
Cheapest Plan Cost Per Month£0.00£3.00
Mid-Tier Plan Cost Per Month£8.99£9.00
Top Plan Cost Per Month£15.99£25.60
Data taken from each company’s website at the time of writing but may have since changed.

Bokio vs IRIS Elements Features

Bokio featuresIRIS Elements features

Bokio Basic Features

  • Manual accounting – Record your expenses and income.
  • Invoicing – Create, send, track and record invoices with your accounting.
  • Community – Get tips and share experiences with Bokio users in our community.

Bokio Software Integrations

  • Stripe
  • Zettle

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

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

BokioIRIS Elements
Pros
  • Free
  • Cloud-based
  • Easy to set up and use
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • Premium help comes at a cost
  • Buggy directors payroll section
  • No app

More Comparisons

Bokio vs Kletta
Bokio vs MYT
Bokio vs Onvio Tax
Bokio vs PaTMa
Bokio vs QuickFile Accounting Software

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224