Which accounting software is better Federation of Small Businesses MTD or IRIS Elements?
We compare them based on real user reviews, prices and what features they both offer.
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Federation of Small Businesses MTD vs IRIS Elements Basics
| Federation of Small Businesses MTD | IRIS Elements | |
| Software Website | Federation of Small Businesses MTD Website | IRIS Elements Website |
| HMRC MTD Status | In Development | In Development |
| Who Can Use It? | Businesses | Businesses and Accountants |
| HMRC Listed Features | None | None |
| Platforms | Web-based application, Android, and iOS | Cloud-based application |
Federation of Small Businesses MTD vs IRIS Elements Reviews
Wondering if Federation of Small Businesses MTD or IRIS Elements has better user reviews. We compared them below.
| Federation of Small Businesses MTD | IRIS Elements | |
| Trustpilot Rating | No Rating | 3.6 |
| Number of Trustpilot Reviews | No Reviews | 1616 |
| iPhone App Rating | No Rating | No Rating |
| Number of iPhone Reviews | No Reviews | No Reviews |
| Android App Rating | No Rating | No Rating |
| Number of Android Reviews | No Reviews | No Reviews |
Federation of Small Businesses MTD vs IRIS Elements Prices
Which is cheaper Federation of Small Businesses MTD or IRIS Elements? Here are their prices compared.
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Free Plans & Trials
| Federation of Small Businesses MTD | IRIS Elements | |
| Free Plan? | Yes | No |
| Free Trial? | No | Yes |
| Free Trial Length? | No | 30 days |
Paid Plan Prices
| Federation of Small Businesses MTD | IRIS Elements | |
| Cheapest Plan Cost Per Month | £8.40 | £3.00 |
| Mid-Tier Plan Cost Per Month | £16.80 | £9.00 |
| Top Plan Cost Per Month | £30.00 | £25.60 |
Federation of Small Businesses MTD vs IRIS Elements Features
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Federation of Small Businesses MTD Basic Features
- 1 Free User (Fixed)
- 100MB (Fixed)
- Embedded Video Tutorials
- Email & Telephone Support
- Access to FSB Support Centre
Federation of Small Businesses MTD Software Integrations
Not Listed
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
| Federation of Small Businesses MTD | IRIS Elements | |
| Payroll Software Integration | No | Yes |
| Track VAT | Yes | Yes |
| VAT Filing | Yes | Yes |
| Real-Time Financial Reports | No | Yes |
| Prepare Self Assessment | Yes | Yes |
| Income Tax Estimates | Yes | Yes |
| Manage Income & Expenses | Yes | No |
| Create Invoices | Yes | Yes |
| Forecast Cash Flow | No | Yes |
| Accept and Make Payments In Different Currencies | No | No |
| Employee Time Tracking | Yes | No |
| Projects | No | No |
| Bank Feed Integration | Yes | Yes |
| End of Year Filings | No | Yes |
| Capture Bills And Receipts | Yes | No |
| Bulk Reconcile Transactions | Yes | No |
| Track Inventory & Stock Levels | No | No |
| Federation of Small Businesses MTD | IRIS Elements | |
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