Which accounting software is better Xero or Monzia?
We compare them based on real user reviews, prices and what features they both offer.
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Xero vs Monzia Basics
| Xero | Monzia | |
| Software Website | Xero Website | Monzia Website |
| HMRC MTD Status | Approved | Not Included |
| Who Can Use It? | Agents and businesses | Businesses and Self-employed |
| HMRC Listed Features | Digital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates, Updates to HMRC for UK property | Record keeping, simplified expenses and Universal Credits reporting |
| Platforms | Web-based application, Android, iOS | Android, web-based application |
Xero vs Monzia Reviews
Wondering if Xero or Monzia has better user reviews. We compared them below.
| Xero | Monzia | |
| Trustpilot Rating | 4.3 | No Rating |
| Number of Trustpilot Reviews | 6017 | No Reviews |
| iPhone App Rating | 4.7 | No Rating |
| Number of iPhone Reviews | 12700 | No Reviews |
| Android App Rating | 4.6 | No Rating |
| Number of Android Reviews | 11900 | No Reviews |
Xero vs Monzia Prices
Which is cheaper Xero or Monzia? Here are their prices compared.
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Free Plans & Trials
| Xero | Monzia | |
| Free Plan? | No | Yes |
| Free Trial? | Yes | No |
| Free Trial Length? | 30 days | No |
Paid Plan Prices
| Xero | Monzia | |
| Cheapest Plan Cost Per Month | £7.50 | £4.00 |
| Mid-Tier Plan Cost Per Month | £15.00 | NA |
| Top Plan Cost Per Month | £27.50 | NA |
Xero vs Monzia Features
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Xero Basic Features
- Send invoices and quotes
- Enter bills
- Reconcile bank transactions
- Submit VAT returns to HMRC
- Capture bills and receipts with Hubdoc
- Automatic CIS calculations and reports
- Short-term cash flow and business snapshot
- Payroll
- Claim expenses
- Track projects
- Analytics Plus
- Submit CIS returns
Xero Software Integrations
- BlueHub
- LimeCloud
- Outserve
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
| Xero | Monzia | |
| Payroll Software Integration | Yes | No |
| Track VAT | Yes | Yes |
| VAT Filing | Yes | Yes |
| Real-Time Financial Reports | Yes | Yes |
| Prepare Self Assessment | Yes | No |
| Income Tax Estimates | Yes | Yes |
| Manage Income & Expenses | Yes | Yes |
| Create Invoices | Yes | No |
| Forecast Cash Flow | Yes | Yes |
| Accept and Make Payments In Different Currencies | Yes | No |
| Employee Time Tracking | Yes | No |
| Projects | Yes | No |
| Bank Feed Integration | Yes | No |
| End of Year Filings | Yes | Yes |
| Capture Bills And Receipts | Yes | Yes |
| Bulk Reconcile Transactions | Yes | Yes |
| Track Inventory & Stock Levels | Yes | No |
| Xero | Monzia | |
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