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NetSuite vs Monzia: Which Is Better Accounting Software?


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

Which accounting software is better NetSuite or Monzia?

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

NetSuite homepageMonzia homepage
 

NetSuite vs Monzia Basics

NetSuiteMonzia
Software WebsiteNetSuite WebsiteMonzia Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?BusinessesBusinesses and Self-employed
HMRC Listed FeaturesNoneRecord keeping, simplified expenses and Universal Credits reporting
PlatformsCloud-based application, Android, iOSAndroid, web-based application
Note data for this section comes from HMRC here and here

NetSuite vs Monzia Reviews

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

NetSuiteMonzia
Trustpilot Rating1.9No Rating
Number of Trustpilot Reviews17No Reviews
iPhone App Rating2.1No Rating
Number of iPhone Reviews7No Reviews
Android App Rating1.8No Rating
Number of Android Reviews406No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

NetSuite vs Monzia Prices

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

NetSuite pricingMonzia pricing

Free Plans & Trials

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

Paid Plan Prices

NetSuiteMonzia
Cheapest Plan Cost Per MonthNot Listed£4.00
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 Monzia Features

NetSuite featuresMonzia 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

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

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

NetSuiteMonzia
Pros
  • User Friendly
  • Customizable
  • Data Reports
  • User Interface
  • Website Building
  • Free plan
  • Unlimited Reports During Membership Period
  • Full Business Records As Required By Hmrc
Cons
  • Learning Curve
  • Reporting Feedback
  • Not User Friendly
  • Takes Time
  • Customization Requests
  • Lack of reviews
  • No app

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