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Hammock vs Monzia: Which Is Better Accounting Software?


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

Which accounting software is better Hammock or Monzia?

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

Hammock homepageMonzia homepage
 

Hammock vs Monzia Basics

HammockMonzia
Software WebsiteHammock WebsiteMonzia Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Landlords, agents and property managersBusinesses and Self-employed
HMRC Listed FeaturesNoneRecord keeping, simplified expenses and Universal Credits reporting
PlatformsWeb-based application, Android, and iOSAndroid, web-based application
Note data for this section comes from HMRC here and here

Hammock vs Monzia Reviews

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

HammockMonzia
Trustpilot Rating3.8No Rating
Number of Trustpilot Reviews2No Reviews
iPhone App Rating4No Rating
Number of iPhone Reviews7No 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

Hammock vs Monzia Prices

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

Hammock pricingMonzia pricing

Free Plans & Trials

HammockMonzia
Free Plan?NoYes
Free Trial?YesNo
Free Trial Length?30 DaysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

HammockMonzia
Cheapest Plan Cost Per Month£5.99£4.00
Mid-Tier Plan Cost Per Month£11.99NA
Top Plan Cost Per Month£19.99NA
Data taken from each company’s website at the time of writing but may have since changed.

Hammock vs Monzia Features

Hammock featuresMonzia features

Hammock Basic Features

  • 1-3 Properties
  • Register your rental properties
  • Bookkeeping
  • Unlimited Bank Feeds
  • Real-time Notifications
  • User Management

Hammock Software Integrations

  • Revolut
  • Monzo
  • Natwest
  • TSB Bank
  • Barclays
  • Aldermore

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

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

HammockMonzia
Pros
  • Free trial
  • Automated bookkeeping
  • Unlimited Bank Feeds
  • Free plan
  • Unlimited Reports During Membership Period
  • Full Business Records As Required By Hmrc
Cons
  • Low review score
  • Lack of reviews
  • No app

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