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IRIS Elements vs 10 Minute Accounts: Which Is Better Accounting Software?


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

Which accounting software is better IRIS Elements or 10 Minute Accounts?

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

IRIS Elements homepage10 Minute Accounts homepage
 

IRIS Elements vs 10 Minute Accounts Basics

IRIS Elements10 Minute Accounts
Software WebsiteIRIS Elements Website10 Minute Accounts Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Businesses and AccountantsBusinesses and Accountants
HMRC Listed FeaturesNoneRecord keeping and simplified expenses
PlatformsCloud-based applicationWeb-based application
Note data for this section comes from HMRC here and here

IRIS Elements vs 10 Minute Accounts Reviews

Wondering if IRIS Elements or 10 Minute Accounts has better user reviews. We compared them below.

IRIS Elements10 Minute Accounts
Trustpilot Rating3.64.5
Number of Trustpilot Reviews161638
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

IRIS Elements vs 10 Minute Accounts Prices

Which is cheaper IRIS Elements or 10 Minute Accounts? Here are their prices compared.

IRIS Elements pricing10 Minute Accounts pricing

Free Plans & Trials

IRIS Elements10 Minute Accounts
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?30 days30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

IRIS Elements10 Minute Accounts
Cheapest Plan Cost Per Month£3.00£6.95
Mid-Tier Plan Cost Per Month£9.00£11.95
Top Plan Cost Per Month£25.60£19.95
Data taken from each company’s website at the time of writing but may have since changed.

IRIS Elements vs 10 Minute Accounts Features

IRIS Elements features10 Minute Accounts features

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

10 Minute Accounts Basic Features

  • Track income & expenses
  • Submit VAT returns to HMRC
  • Fully Making Tax Digital compliant
  • Send unlimited invoices
  • Connect multiple bank accounts
  • Import & export transactions
  • Assistance to migrate from Excel, Sage, Quickbooks etc.
  • Automatically sync with PayPal
  • Do your accounts in seconds
  • Reports update in real-time
  • Reconcile all transactions
  • Automatic categorisations
  • Multi-currency support
  • Up to 300 transactions per month

10 Minute Accounts Software Integrations

  • Sage
  • Quickbooks
  • eBay
  • PayPal

Common Feature Comparison

IRIS Elements10 Minute Accounts
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesNoYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsNoYes
Track Inventory & Stock LevelsNoNo

IRIS Elements10 Minute Accounts
Pros
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
  • Easy to use
  • Fast
  • Tutorial
Cons
  • No app
  • Outdated look
  • Limited features

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