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Coconut vs Dext Prepare: Which Is Better Accounting Software?


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

Which accounting software is better Coconut or Dext Prepare?

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

Coconut homepageDext Prepare homepage
 

Coconut vs Dext Prepare Basics

CoconutDext Prepare
Software WebsiteCoconut WebsiteDext Prepare Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?Self-employed peopleBusinesses and Accountants
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, and iOSWeb-based application, Android, iOS
Note data for this section comes from HMRC here and here

Coconut vs Dext Prepare Reviews

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

CoconutDext Prepare
Trustpilot Rating4.54
Number of Trustpilot Reviews7141184
iPhone App Rating4.74.7
Number of iPhone Reviews28009900
Android App Rating4.64.6
Number of Android Reviews10402600
Please note ratings we’re accurate at the time of writing but may have since changed

Coconut vs Dext Prepare Prices

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

Coconut pricingDext Prepare pricing

Free Plans & Trials

CoconutDext Prepare
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?30 Days30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

CoconutDext Prepare
Cheapest Plan Cost Per Month£9.00£165.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNA£175.00
Data taken from each company’s website at the time of writing but may have since changed.

Coconut vs Dext Prepare Features

Coconut featuresDext Prepare 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

Dext Prepare Basic Features

  • Simplify document collection
  • Optimise document processing
  • Pre-accounting automation tools
  • Comprehensive solution for you and your clients
  • Dext Solo: Accounting for Sole Traders and Landlords

Dext Prepare Software Integrations

  • Xero
  • QuickBooks
  • Sage
  • FreeAgent
  • IRIS
  • KashFlow

Common Feature Comparison

CoconutDext Prepare
Payroll Software IntegrationNoYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoNo
ProjectsNoYes
Bank Feed IntegrationYesYes
End of Year FilingsNoYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

CoconutDext Prepare
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
  • Integrations
  • Saves Time
  • Easy to Upload
  • Management
Cons
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up
  • Slow
  • Customer Service
  • Expense Report Issues
  • Expensive
  • Not User Friendly

More Comparisons

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Coconut vs Federation of Small Businesses MTD
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Coconut vs IRIS Elements
Coconut vs Kletta

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