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Coconut vs PaTMa: Which Is Better Accounting Software?


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

Which accounting software is better Coconut or PaTMa?

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

Coconut homepagePaTMa homepage
 

Coconut vs PaTMa Basics

CoconutPaTMa
Software WebsiteCoconut WebsitePaTMa Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?Self-employed peopleLandlords, agents and property managers
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, and iOSWeb-based application and iOS
Note data for this section comes from HMRC here and here

Coconut vs PaTMa Reviews

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

CoconutPaTMa
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 PaTMa Prices

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

Coconut pricingPaTMa pricing

Free Plans & Trials

CoconutPaTMa
Free Plan?NoYes
Free Trial?YesYes
Free Trial Length?30 Days14 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

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

Coconut vs PaTMa Features

Coconut featuresPaTMa 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

PaTMa Basic Features

  • Single unit
  • Rent and expense tracking
  • Inventory builder
  • Certificate reminders
  • Tax return figures
  • Compliance checklists
  • 14-day trial of Pro

PaTMa Software Integrations

  • Xero

Common Feature Comparison

CoconutPaTMa
Payroll Software IntegrationNoNo
Track VATYesNo
VAT FilingYesNo
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoYes

CoconutPaTMa
Pros
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
  • Free plan
  • Accounting with Open Banking and MTD
  • Built-in compliance checks
Cons
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up
  • Lack of reviews

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Coconut vs 10 Minute Accounts
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