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NetSuite vs Coconut: Which Is Better Accounting Software?


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

Which accounting software is better NetSuite or Coconut?

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

NetSuite homepageCoconut homepage
 

NetSuite vs Coconut Basics

NetSuiteCoconut
Software WebsiteNetSuite WebsiteCoconut Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?BusinessesSelf-employed people
HMRC Listed FeaturesNoneNone
PlatformsCloud-based application, Android, iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

NetSuite vs Coconut Reviews

Wondering if NetSuite or Coconut has better user reviews. We compared them below.

NetSuiteCoconut
Trustpilot Rating1.94.5
Number of Trustpilot Reviews17714
iPhone App Rating2.14.7
Number of iPhone Reviews72800
Android App Rating1.84.6
Number of Android Reviews4061040
Please note ratings we’re accurate at the time of writing but may have since changed

NetSuite vs Coconut Prices

Which is cheaper NetSuite or Coconut? Here are their prices compared.

NetSuite pricingCoconut pricing

Free Plans & Trials

NetSuiteCoconut
Free Plan?NoNo
Free Trial?NoYes
Free Trial Length?No30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

NetSuiteCoconut
Cheapest Plan Cost Per MonthNot Listed£9.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNANA
Data taken from each company’s website at the time of writing but may have since changed.

NetSuite vs Coconut Features

NetSuite featuresCoconut features

NetSuite Basic Features

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

NetSuite Software Integrations

  • Rippling
  • BambooHR
  • SAP
  • UKG
  • Namely
  • Workday
  • TaxJar
  • Deel

Coconut Basic Features

  • Connect accounts from 30+ banks and credit cards
  • Track your income and expenses throughout the year
  • Access Coconut on both mobile and desktop
  • Send and track unlimited branded invoices
  • Always know how much tax to set aside
  • Easily share access with your accountant

Coconut Software Integrations

  • HSBC
  • AMEX
  • Tesco
  • Tide
  • M&S Bank

Common Feature Comparison

NetSuiteCoconut
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentNoYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsYesNo

NetSuiteCoconut
Pros
  • User Friendly
  • Customizable
  • Data Reports
  • User Interface
  • Website Building
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
Cons
  • Learning Curve
  • Reporting Feedback
  • Not User Friendly
  • Takes Time
  • Customization Requests
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up

More Comparisons

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NetSuite vs Earnr
NetSuite vs Federation of Small Businesses MTD
NetSuite vs Hammock
NetSuite vs IRIS Elements

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