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FEXCO vs Monzia: Which Is Better Accounting Software?


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

Which accounting software is better FEXCO or Monzia?

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

FEXCO homepageMonzia homepage
 

FEXCO vs Monzia Basics

FEXCOMonzia
Software WebsiteFEXCO WebsiteMonzia Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?BusinessesBusinesses and Self-employed
HMRC Listed FeaturesEmployee expense automationRecord keeping, simplified expenses and Universal Credits reporting
PlatformsAll/web basedAndroid, web-based application
Note data for this section comes from HMRC here and here

FEXCO vs Monzia Reviews

Wondering if FEXCO or Monzia has better user reviews. We compared them below.

FEXCOMonzia
Trustpilot RatingNo RatingNo Rating
Number of Trustpilot ReviewsNo ReviewsNo Reviews
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

FEXCO vs Monzia Prices

Which is cheaper FEXCO or Monzia? Here are their prices compared.

FEXCO pricingMonzia pricing

Free Plans & Trials

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

Paid Plan Prices

FEXCOMonzia
Cheapest Plan Cost Per MonthNot Listed£4.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNANA
Data taken from each company’s website at the time of writing but may have since changed.

FEXCO vs Monzia Features

FEXCO featuresMonzia features

FEXCO Basic Features

  • Currency Conversion Solutions
  • International Payments
  • Outsourcing Services
  • Retail FX
  • Asset Finance
  • Strategic Business Development

FEXCO Software Integrations

  • Agresso
  • Oracle
  • SAP

Monzia Basic Features

  • TOTAL INCOME FOR PERIOD
  • TOTAL EXPENSE FOR PERIOD
  • TOTAL PROFIT / LOSS FOR PERIOD
  • TOTAL TAX DUE FOR PERIOD
  • CUSTOM DATE RANGE (Weekly, Monthly, Quarterly)
  • BUSINESS MILEAGE DETAILS AND CALCULATION
  • ACCOUNTS FOR PENSION, TAX AND NI PAYMENTS
  • TOTALS BROKEN DOWN BY CATEGORY (ie: Fuel, Postage, Materials etc)
  • CIS PAID FOR PERIOD
  • FULL BUSINESS RECORDS AS REQUIRED BY HMRC
  • ALL CATEGORIES DETAILED WITH EVERY TRANSACTION (Full Audit Trail )
  • SORTING AND SEARCH FACILITY ON ALL TRANSACTIONS
  • UNLIMITED REPORTS DURING MEMBERSHIP PERIOD

Monzia Software Integrations

Not Listed

Common Feature Comparison

FEXCOMonzia
Payroll Software IntegrationNoNo
Track VATNoYes
VAT FilingNoYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentNoNo
Income Tax EstimatesNoYes
Manage Income & ExpensesNoYes
Create InvoicesNoNo
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsNoYes
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

FEXCOMonzia
Pros
  • Dynamic Currency Conversion
  • Leading retail provider of FX services across the UK and Ireland
  • Omnichannel solutions for card payments and alternative payment methods
  • Free plan
  • Unlimited Reports During Membership Period
  • Full Business Records As Required By Hmrc
Cons
  • Lack of reviews
  • No app
  • No pricing on website
  • Lack of reviews
  • No app

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