FreeAgent vs IRIS Accountancy Suite: Which Is Better Accounting Software?

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

FreeAgent vs IRIS Accountancy Suite Basics

	FreeAgent	IRIS Accountancy Suite
Software Website	FreeAgent Website	IRIS Accountancy Suite Website
HMRC MTD Status	Approved	Approved
Who Can Use It?	Agents and businesses	Agents
HMRC Listed Features	Digital record keeping, Updates to HMRC for self-employment, Updates to HMRC for UK property, Tax estimates from HMRC based on provided updates, Free version available	Bridging software, Updates to HMRC for self-employment, Updates to HMRC for UK property, Tax estimates from HMRC based on provided updates
Platforms	Web-based application, Android, iOS, Windows phone	Cloud-based and Desktop application

Note data for this section comes from HMRC here and here

Wondering if FreeAgent or IRIS Accountancy Suite has better user reviews. We compared them below.

	FreeAgent	IRIS Accountancy Suite
Trustpilot Rating	4.6	3.6
Number of Trustpilot Reviews	2180	1616
iPhone App Rating	4.8	No Rating
Number of iPhone Reviews	9600	No Reviews
Android App Rating	4.8	No Rating
Number of Android Reviews	1130	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper FreeAgent or IRIS Accountancy Suite? Here are their prices compared.

Data taken from each company’s website at the time of writing but may have since changed.

Data taken from each company’s website at the time of writing but may have since changed.

Dashboard – See the big picture for your business at a glance with cashflow, profit and loss, invoice timelines and more.
Business Insights with Radar – Get intelligent insights, tailored trend-spotting and personalised tips all in one place.
Estimates – Win more work with professional estimate templates ready to be converted to invoices.
Invoicing – Get paid faster with easy invoicing tools. Send customised invoices, reminders and thank-you emails.
Expenses – Track business costs quickly and easily. Snap receipts and record out-of-pocket expenses on the go.
Projects – Keep tabs on your project income, expenses and profitability – all in one place.
Time Tracking – Track the time you spend on projects, add this to invoices and generate timesheet reports.
Payroll – Run monthly payroll and file auto-calculated PAYE and National Insurance directly to HMRC.
Banking – Set up a bank feed and let all of your transactions flow into FreeAgent automatically.
VAT filing – Generate MTD-compliant VAT returns automatically and file them directly to HMRC in minutes.
Self Assessment – Get a real-time view of how much you owe for your tax return and file it directly to HMRC.

	FreeAgent	IRIS Accountancy Suite
Payroll Software Integration	Yes	Yes
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	Yes	Yes
Prepare Self Assessment	Yes	Yes
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	Yes	Yes
Forecast Cash Flow	Yes	Yes
Accept and Make Payments In Different Currencies	Yes	No
Employee Time Tracking	Yes	Yes
Projects	Yes	No
Bank Feed Integration	Yes	Yes
End of Year Filings	Yes	Yes
Capture Bills And Receipts	Yes	No
Bulk Reconcile Transactions	Yes	No
Track Inventory & Stock Levels	Yes	No

	FreeAgent	IRIS Accountancy Suite
Pros	User Interface User Friendly Saves Time Customer Service Meets Business Needs	Data screens are intuitively laid out Great tool for smaller accountants Simple to navigate Eco friendly due to being paperless Email notifications are super helpfu
Cons	Pay As You Earn (PAYE) software More bespoke accounting categories based on particular industries Quicker updating of tax return info	Feels quite ‘old-school’ The design of the portal is a little dated Occasionally crash for no reason Slow to generate a set of accounts