Coconut

RATING:

4.8

(4)
Overview

About Coconut

Coconut is a cloud-based accounting solution designed for freelancers, self-employed people and small business owners across various industries. Features include expense tracking, tax estimates, receipt capture, automated bookkeeping, replacement cards and more. Coconut helps users to categorize different expenses as per their business requirements, set up direct debits and generate tax reports for a specific assessment period. The solution also features a notification engine that enables users to keep track of payments made and received. Additionally, Coconut provides users with functionalities such as foreign currency exchange, invoicing and cash withdrawals. Mobile applications for iOS and Android devices are offered to users. Services are billed on a ...

Coconut Pricing

Free trial: 

Not Available

Free version: 

Not Available

Mobile dashboard
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Coconut Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

4.5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Coconut

4 Reviews

Anonymous

2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

FUNCTIONALITY

5

Reviewed July 2019

Nice and easy bank to use

PROS

The price for small businesses is great, especially for all the features you get - the app is well designed.

CONS

It would be nice to have a web version to access on desktop when doing accounting.

Jack

Real Estate, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2022

Great Tool for Freelancers and Sole Traders

PROS

Just the perfect set of features to help freelancers and sole traders in getting their job done and staying on top of all their financial requirements. Being able to work directly with your accountant is just fantastic!

CONS

The software already allows me to do all the important things I need. I cannot think of any shortcomings of the product.

Leanne

Health, Wellness and Fitness, 1 employee

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed February 2023

Easy to use in the UK

PROS

I really like the features on this app and some of the emails that are sent through. The branding is great too.

CONS

The calculations didn't match up with my accountant's by quite a bit so either I was doing something wrong or they were. I'll double check this.I would like to have something that includes invoicing as I use a separate app for that.

Reason for choosing Coconut

I like the character though I would like to do a full comparison and surprised there are not more reviews for Coconut.

Reasons for switching to Coconut

I like trying out different products and I would like to try out Freshbooks too.

Alexis

Automotive, 51-200 employees

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

4

Reviewed August 2021

Everything in one place

PROS

The customer service is top notch, they seem to truly care about their clients needs and wants. The dashboard makes seeing all daily activities in one place simple and time saving.

CONS

There are a few features lacking compared to other scheduling software.

Reason for choosing Coconut

Positive reviews