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IRIS Elements vs AccountEdge: Which Is Better Accounting Software?


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

Which accounting software is better IRIS Elements or AccountEdge?

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

IRIS Elements homepageAccountEdge homepage
 

IRIS Elements vs AccountEdge Basics

IRIS ElementsAccountEdge
Software WebsiteIRIS Elements WebsiteAccountEdge Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Businesses and AccountantsBusinesses
HMRC Listed FeaturesNoneRecord keeping, banking and cashbook, income and expenses, invoicing, VAT, payroll and more
PlatformsCloud-based applicationMAC
Note data for this section comes from HMRC here and here

IRIS Elements vs AccountEdge Reviews

Wondering if IRIS Elements or AccountEdge has better user reviews. We compared them below.

IRIS ElementsAccountEdge
Trustpilot Rating3.6No Rating
Number of Trustpilot Reviews1616No 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

IRIS Elements vs AccountEdge Prices

Which is cheaper IRIS Elements or AccountEdge? Here are their prices compared.

IRIS Elements pricingAccountEdge pricing

Free Plans & Trials

IRIS ElementsAccountEdge
Free Plan?NoNo
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

IRIS ElementsAccountEdge
Cheapest Plan Cost Per Month£3.00£25.00
Mid-Tier Plan Cost Per Month£9.00NA
Top Plan Cost Per Month£25.60£36.25
Data taken from each company’s website at the time of writing but may have since changed.

IRIS Elements vs AccountEdge Features

IRIS Elements featuresAccountEdge 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

AccountEdge Basic Features

  • Record cash and bank transactions for income and expenses
  • Record adjustments for flat rate and personal expenses
  • Produce standard and cash basis P&L and balance sheet reports
  • Supports non-VAT registered and VAT registered businesses
  • Standard, cash basis, flat rate, and flat rate cash VAT reporting
  • HMRC Making Tax Digital for VAT compliance
  • Unlimited company files included
  • HMRC RTI compliant payroll with unlimited employees. *Requires Payroll subscription

AccountEdge Software Integrations

  • Zapier
  • Microsoft
  • TimeSolv Legal Billing

Common Feature Comparison

IRIS ElementsAccountEdge
Payroll Software IntegrationYesYes
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesNo
Income Tax EstimatesYesNo
Manage Income & ExpensesNoYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoYes
ProjectsNoYes
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsNoYes
Track Inventory & Stock LevelsNoYes

IRIS ElementsAccountEdge
Pros
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
  • User Friendly
  • Customer Service
  • Customizable
  • One Stop Shop
Cons
  • No app
  • Slow
  • Takes Time

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