IRIS Accountancy Suite vs Federation of Small Businesses MTD: Which Is Better Accounting Software?

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

IRIS Accountancy Suite vs Federation of Small Businesses MTD Basics

	IRIS Accountancy Suite	Federation of Small Businesses MTD
Software Website	IRIS Accountancy Suite Website	Federation of Small Businesses MTD Website
HMRC MTD Status	Approved	In Development
Who Can Use It?	Agents	Businesses
HMRC Listed Features	Bridging software, Updates to HMRC for self-employment, Updates to HMRC for UK property, Tax estimates from HMRC based on provided updates	None
Platforms	Cloud-based and Desktop application	Web-based application, Android, and iOS

Note data for this section comes from HMRC here and here

Wondering if IRIS Accountancy Suite or Federation of Small Businesses MTD has better user reviews. We compared them below.

	IRIS Accountancy Suite	Federation of Small Businesses MTD
Trustpilot Rating	3.6	No Rating
Number of Trustpilot Reviews	1616	No Reviews
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

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

Which is cheaper IRIS Accountancy Suite or Federation of Small Businesses MTD? Here are their prices compared.

	IRIS Accountancy Suite	Federation of Small Businesses MTD
Free Plan?	No	Yes
Free Trial?	No	No
Free Trial Length?	No	No

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

	IRIS Accountancy Suite	Federation of Small Businesses MTD
Cheapest Plan Cost Per Month	Not Listed	£8.40
Mid-Tier Plan Cost Per Month	NA	£16.80
Top Plan Cost Per Month	NA	£30.00

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

Not Listed

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

	IRIS Accountancy Suite	Federation of Small Businesses MTD
Pros	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	Free plan MTD VAT compliant Create simple or multi-line estimates
Cons	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	Lack of reviews