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Tide Accounting vs Monzia: Which Is Better Accounting Software?


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

Which accounting software is better Tide Accounting or Monzia?

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

Tide Accounting homepageMonzia homepage
 

Tide Accounting vs Monzia Basics

Tide AccountingMonzia
Software WebsiteTide Accounting WebsiteMonzia Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses and Self-employedBusinesses and Self-employed
HMRC Listed FeaturesNoneRecord keeping, simplified expenses and Universal Credits reporting
PlatformsWeb-based application, Android, iOSAndroid, web-based application
Note data for this section comes from HMRC here and here

Tide Accounting vs Monzia Reviews

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

Tide AccountingMonzia
Trustpilot Rating4.3No Rating
Number of Trustpilot Reviews17984No Reviews
iPhone App Rating4.4No Rating
Number of iPhone Reviews7No Reviews
Android App Rating4.5No Rating
Number of Android Reviews13No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Tide Accounting vs Monzia Prices

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

Tide Accounting pricingMonzia pricing

Free Plans & Trials

Tide AccountingMonzia
Free Plan?YesYes
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

Tide AccountingMonzia
Cheapest Plan Cost Per Month£9.99£4.00
Mid-Tier Plan Cost Per Month£18.99NA
Top Plan Cost Per Month£49.99NA
Data taken from each company’s website at the time of writing but may have since changed.

Tide Accounting vs Monzia Features

Tide Accounting featuresMonzia features

Tide Accounting Basic Features

  • Transfers in & out – 20/ month free
  • ATM withdrawals
  • Read access for team members
  • Scheduled payments
  • Accounting integrations – Quickbooks, Xero, Sage and more
  • Multi-business – hold up to 5 business accounts
  • Create and send invoices for free
  • Priority in-app support
  • Phone support
  • 24/7 legal helpline
  • Exclusive member perks
  • Support with trademark filing and disputes

Tide Accounting Software Integrations

  • Xero
  • QuickBooks
  • Sage

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

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

Tide AccountingMonzia
Pros
  • A business account with no monthly fee is available.
  • You can access your account digitally via an app on Android or iPhones and on the Tide website.
  • Tide offers bank accounts provided by ClearBank that are eligible for protection through the Financial Services Compensation Scheme (FSCS).
  • Tide offers 24/7 support with the member support team
  • Free plan
  • Unlimited Reports During Membership Period
  • Full Business Records As Required By Hmrc
Cons
  • E-money accounts (for some existing customers) from Tide are not protected by FSCS, though Tide is in the process of moving Tide accounts from PPS e-money accounts to ClearBank FSCS-protected bank accounts
  • It is not possible to deposit cheques into a Tide account
  • Business partnerships and charities cannot open a Tide account
  • Lack of reviews
  • No app

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