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QuickBooks vs Coconut: Which Is Better Accounting Software?


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

Which accounting software is better QuickBooks or Coconut?

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

QuickBooks homepageCoconut homepage
 

QuickBooks vs Coconut Basics

QuickBooksCoconut
Software WebsiteQuickBooks WebsiteCoconut Website
HMRC MTD StatusApprovedIn Development
Who Can Use It?Agents and businessesSelf-employed people
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesNone
PlatformsWeb-based application, Android, and iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

QuickBooks vs Coconut Reviews

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

QuickBooksCoconut
Trustpilot Rating4.64.5
Number of Trustpilot Reviews13296714
iPhone App Rating4.74.7
Number of iPhone Reviews258002800
Android App Rating4.74.6
Number of Android Reviews563001040
Please note ratings we’re accurate at the time of writing but may have since changed

QuickBooks vs Coconut Prices

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

QuickBooks pricingCoconut pricing

Free Plans & Trials

QuickBooksCoconut
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?1 month30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

QuickBooksCoconut
Cheapest Plan Cost Per Month£7.00£9.00
Mid-Tier Plan Cost Per Month£12.00NA
Top Plan Cost Per Month£35.00NA
Data taken from each company’s website at the time of writing but may have since changed.

QuickBooks vs Coconut Features

QuickBooks featuresCoconut features

QuickBooks Basic Features

  • Making Tax Digital ready
  • Submit VAT directly to HMRC
  • VAT error checker
  • Prepare for Self Assessment
  • Income Tax estimates
  • Manage income & expenses
  • Send invoices that can be paid in one click
  • Forecast cash flow
  • Free onboarding session
  • Get free phone & chat support

QuickBooks Software Integrations

  • Zettle
  • Fluidly
  • Dext
  • Revolut
  • Paypal

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

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

QuickBooksCoconut
Pros
  • User Friendly
  • User Interface
  • Access Anywhere
  • Saves Time
  • Meets Business Needs
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
Cons
  • Takes Time
  • Room for Improvement
  • Customer Service
  • Expensive
  • Desktop Issues
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up

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