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Coconut vs AccountEdge: Which Is Better Accounting Software?


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

Which accounting software is better Coconut or AccountEdge?

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

Coconut homepageAccountEdge homepage
 

Coconut vs AccountEdge Basics

CoconutAccountEdge
Software WebsiteCoconut WebsiteAccountEdge Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Self-employed peopleBusinesses
HMRC Listed FeaturesNoneRecord keeping, banking and cashbook, income and expenses, invoicing, VAT, payroll and more
PlatformsWeb-based application, Android, and iOSMAC
Note data for this section comes from HMRC here and here

Coconut vs AccountEdge Reviews

Wondering if Coconut or AccountEdge has better user reviews. We compared them below.

CoconutAccountEdge
Trustpilot Rating4.5No Rating
Number of Trustpilot Reviews714No Reviews
iPhone App Rating4.7No Rating
Number of iPhone Reviews2800No Reviews
Android App Rating4.6No Rating
Number of Android Reviews1040No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Coconut vs AccountEdge Prices

Which is cheaper Coconut or AccountEdge? Here are their prices compared.

Coconut pricingAccountEdge pricing

Free Plans & Trials

CoconutAccountEdge
Free Plan?NoNo
Free Trial?YesNo
Free Trial Length?30 DaysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

CoconutAccountEdge
Cheapest Plan Cost Per Month£9.00£25.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNA£36.25
Data taken from each company’s website at the time of writing but may have since changed.

Coconut vs AccountEdge Features

Coconut featuresAccountEdge features

Coconut Basic Features

  • Connect accounts from 30+ banks and credit cards
  • Track your income and expenses throughout the year
  • Access Coconut on both mobile and desktop
  • Send and track unlimited branded invoices
  • Always know how much tax to set aside
  • Easily share access with your accountant

Coconut Software Integrations

  • HSBC
  • AMEX
  • Tesco
  • Tide
  • M&S Bank

AccountEdge Basic Features

  • Record cash and bank transactions for income and expenses
  • Record adjustments for flat rate and personal expenses
  • Produce standard and cash basis P&L and balance sheet reports
  • Supports non-VAT registered and VAT registered businesses
  • Standard, cash basis, flat rate, and flat rate cash VAT reporting
  • HMRC Making Tax Digital for VAT compliance
  • Unlimited company files included
  • HMRC RTI compliant payroll with unlimited employees. *Requires Payroll subscription

AccountEdge Software Integrations

  • Zapier
  • Microsoft
  • TimeSolv Legal Billing

Common Feature Comparison

CoconutAccountEdge
Payroll Software IntegrationNoYes
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsNoNo
Prepare Self AssessmentYesNo
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoYes
ProjectsNoYes
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoYes

CoconutAccountEdge
Pros
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
  • User Friendly
  • Customer Service
  • Customizable
  • One Stop Shop
Cons
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up
  • Slow
  • Takes Time

More Comparisons

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