Monzo Business vs Sage Accounting: Complete Comparison (2026)
An in-depth comparison of Monzo Business and Sage Accounting to help you choose the right tool for your business.
Last updated: November 2026
Monzo Business
6.5/10
Monzo Business is an app-based UK business bank account for sole traders and limited companies. It includes invoicing, Tax Pots, expense cards and accounting software bank feeds.
Sage Accounting
6/10
Cloud accounting software from Sage for UK sole traders and small businesses, covering invoicing, bank feeds, VAT returns, payroll and reporting.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6/10 |
| Scalability | 3/10 | 4/10 |
| Analytics | 4/10 | 5/10 |
| Compliance | 7/10 | 8/10 |
| Integration | 6/10 | 6/10 |
| Security | 7/10 | 6/10 |
| Support | 6/10 | 4/10 |
| Cost | 8/10 | 6/10 |
| Customization | 4/10 | 5/10 |
| Ease of Use | 9/10 | 7/10 |
| Pricing | ||
| Free plan | Yes | No |
| Cheapest paid plan | £9/mo Pro | £20/mo Start |
| Estimated cost for 10 users | £25/mo Team | £59/mo Plus |
| Features | ||
| Financial Reporting | ||
| General Ledger | ||
| Multi-currency | ||
| Payroll | ||
| Accountant Access | ||
| Invoicing | ||
| Tax Compliance | ||
| Bank Reconciliation | Not listed | |
| Budgeting and Forecasting | Not listed | |
| Corporate Cards | Not listed | |
| Expense Management | Not listed | |
| Inventory Accounting | Not listed | |
| Online Payments | Not listed | |
Monzo Business vs Sage Accounting cost by team size
Monzo Business costs less at every team size we checked.
| Team size | Monzo Business | Sage Accounting |
|---|---|---|
| 1 user | £9/moPro | £20/moStart |
| 5 users | £25/moTeam | £59/moPlus |
| 10 users | £25/moTeam | £59/moPlus |
| 25 users | FreeLite | £59/moPlus |
| 50 users | FreeLite | £59/moPlus |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Monzo Business
- Has a free plan (Sage Accounting does not)
- Lower estimated cost for 10 users: £25/mo vs £59/mo
- Higher Support score (6/10 vs 4/10)
- Higher Cost score (8/10 vs 6/10)
- Better fit for freelancers (9/10 vs 7/10)
Why choose Sage Accounting
- Higher Scalability score (4/10 vs 3/10)
- Higher Analytics score (5/10 vs 4/10)
- Includes Financial Reporting, which Monzo Business lacks
- Includes General Ledger, which Monzo Business lacks
- Includes Multi-currency, which Monzo Business lacks
Pros & Cons
Monzo Business
Pros
- The Lite plan is free and includes Making Tax Digital software
- Pro adds invoicing, Tax Pots and live feeds to Xero, QuickBooks, FreeAgent and Sage for £9 a month
- The Team plan adds expense cards, payment approvals and bulk payments for up to 15 users
- 24/7 in-app support on every plan
- Licensed UK bank with FSCS deposit protection
Cons
- Holds GBP only, and incoming foreign currency is converted at a 1% fee
- No general ledger or financial statements, so you still need separate accounting software
- Partnerships, LLPs, charities and non-UK businesses cannot open an account
- Cash deposits cost £1 each and are capped
- Reviews report frozen accounts and slow resolution, and there is no dedicated account manager
Sage Accounting
Pros
- Payroll is bundled into every plan, so very small employers do not need a separate payroll subscription.
- Built-in Making Tax Digital VAT filing, plus CIS submissions on Standard and Plus, cover UK compliance needs.
- Monthly billing with no commitment, and introductory discounts that often run for six months.
- Reviewers praise the customisable invoices and the bank and HR integrations.
- Plus allows unlimited users, which reviewers single out.
Cons
- Reviewers report yearly price rises and say support can be slow or unhelpful.
- Users report bank-feed connection problems and occasional lag with large data sets.
- Budgeting, multi-currency and stock management are only on the top Plus tier.
- There are no employee expense claims or time tracking, and receipt capture is capped with per-receipt charges above the cap.
- Role permissions are limited, so duties cannot be cleanly separated between staff.
Not sold on either?
Frequently Asked Questions
Monzo Business scores higher on our Finance Software criteria: 6.5/10 against 6/10 for Sage Accounting. The largest gap is in Cost: 8/10 for Monzo Business and 6/10 for Sage Accounting.
Monzo Business costs less for 10 users: about £25/mo on its Team plan, against about £59/mo on its Plus plan for Sage Accounting, billed monthly.
Monzo Business has a free plan; Sage Accounting does not list one.
Monzo Business is the better fit for freelancers: we rate it 9/10 for them, against 7/10 for Sage Accounting.
Sage Accounting has Financial Reporting, General Ledger, Multi-currency and 1 more feature that Monzo Business lacks.
