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QuickBooks vs IRIS Elements: Which Is Better Accounting Software?


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

Which accounting software is better QuickBooks or IRIS Elements?

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

QuickBooks homepageIRIS Elements homepage
 

QuickBooks vs IRIS Elements Basics

QuickBooksIRIS Elements
Software WebsiteQuickBooks WebsiteIRIS Elements Website
HMRC MTD StatusApprovedIn Development
Who Can Use It?Agents and businessesBusinesses and Accountants
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesNone
PlatformsWeb-based application, Android, and iOSCloud-based application
Note data for this section comes from HMRC here and here

QuickBooks vs IRIS Elements Reviews

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

QuickBooksIRIS Elements
Trustpilot Rating4.63.6
Number of Trustpilot Reviews132961616
iPhone App Rating4.7No Rating
Number of iPhone Reviews25800No Reviews
Android App Rating4.7No Rating
Number of Android Reviews56300No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

QuickBooks vs IRIS Elements Prices

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

QuickBooks pricingIRIS Elements pricing

Free Plans & Trials

QuickBooksIRIS Elements
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

QuickBooksIRIS Elements
Cheapest Plan Cost Per Month£7.00£3.00
Mid-Tier Plan Cost Per Month£12.00£9.00
Top Plan Cost Per Month£35.00£25.60
Data taken from each company’s website at the time of writing but may have since changed.

QuickBooks vs IRIS Elements Features

QuickBooks featuresIRIS Elements 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

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

Common Feature Comparison

QuickBooksIRIS Elements
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesNo
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingYesNo
ProjectsYesNo
Bank Feed IntegrationYesYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsYesNo

QuickBooksIRIS Elements
Pros
  • User Friendly
  • User Interface
  • Access Anywhere
  • Saves Time
  • Meets Business Needs
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • Takes Time
  • Room for Improvement
  • Customer Service
  • Expensive
  • Desktop Issues
  • No app

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