Crunch Accounting Review: Expert Analysis of UK’s Leading Online Accounting Service

Crunch Accounting Review: UK’s Top Online Service: Freelancers, entrepreneurs, small business owners, and the self-employed all have something in common. They all want to enjoy their evenings and weekends without having to worry about updating their accounts.

If you are one of them, this Crunch accounting review is for you.

We’ll discuss what makes the software unique, see what makes it a good choice for all sorts of commerce proprietors, and investigate its best highlights for the UK.

Let’s go!

Key Accounting Reviews For 2023: Is Accounting Crunch Good?  

This Crunch accounting review shows that the software can be a great investment. They are the only online accounting service company in the UK with expert analysis a free accounting software application and the only software platform to provide qualified in-house accountants. It is also one of the best for UK expert analysis accounting software for small and small businesses.

With Crunch, you get software and services in one package. The software comes with pre-built features like invoicing, expenses, banking, bank reconciliation, and online payments (coming soon). But Crunch can also remind you of deadlines, tell you about tax relief options, help you register for tax, national insurance, and VAT, and even speak to HMRC on your behalf.

The app has many pros and cons and is instinctive and simple to utilize, particularly when setting up your accounts and business processes. The design is clean and efficient, making the app easy to navigate. Additionally, Crunch is constantly going through versions and updates, so improvements and new features are constantly appearing. There’s no portable app for iPhone or Android, but the mobile-friendly app works on any device.  Crunch Accounting review even made our list of the 15 Best Accounting Software for Small Businesses. Check out the list to see how Crunch compares to similar competitors like Quickbooks Online, FreeAgent, and Freshbooks.

Accounting Crunch  Free Or Paid: What Is The Difference?

Crunch Accounting offers one free arrangement and four paid plans. The free arrangement lets you make, send, and spare invoices in seconds and track your spending. Free plan users will have access to features like unlimited invoices, receipt scanning, expense management, estimates,  open banking, and bank reconciliation.

Paid plans provide access to more advanced features and free services such as unlimited accounting support, year-end accounts, unlimited phone and e-mail support,  tax dashboards in real-time, manager-specific customer support, in-app support, and more for for UK expert analysis.

The four paid plans are:

  1.  Sole Trader Pro, aimed at freelancers and self-employed people
  2.  Limited Company Pro, ideal for new limited liability companies
  3.  Premium LLC is ideal for incorporated limited liability companies
  4.  Small businesses, suitable for startups/small businesses

Key Accounting Overview: What Is Crunch Accounting And What Is Crunch Accounting Used For?

Crunch is an online accounting service software and services for freelancers, sole traders, consultants, small businesses, and entrepreneurs. Businesses use it in various industries, including professional services, construction companies, travel agencies, and e-commerce businesses. This is easy-to-use business accounting software for sending invoices and tracking expenses. Plus, you can set up automatic payment reminders, log your business mileage, and submit self-assessments. This software has a free version that you can use for an unlimited time. The free version is very powerful and suitable for freelancers and individual entrepreneurs. There are many pros and cons for the crunch accounting vs traditional accountant.

List Of Crunch Accounting Features 

The main features of Accounting Crunch are:

  1.  Invoices and quotes
  2.  Cost
  3.  Scan receipts
  4.  Bank
  5.  Taxes and VAT
  6.  Integration
  7.  Reporting
  8.  Ask the accountant
  9.  Establishing a business
  10.  Accounting books
  11.  Payroll 

1. Invoices And Quotes 

Crunch accounting software allows you to create, send, and save invoices. The best part is that there is no restraint to the number of solicitations you’ll be able to send, even at no cost to clients. You’ll select from a few receipt formats and customize them the way you want. You can maintain unlimited customer information to save time and effort in UK expert analysis.

If you frequently deal with non-paying customers, you can set up late payment reminders. One of the benefits of setting up automatic late payment reminders in Crunch is that they will help you pursue customers.

You can set up a late payment reminder when you create a new customer in Crunch, or you can set it up for existing customers for all future invoices. In expansion to solicitations, you’ll moreover make and send cites to customers. Once you’ve created a quote, you can download it as a PDF and add it to an email. 

 2. Expense

In Crunch, you’ll have all the tools you need to record your expenses. The first step in creating expenses is setting up your suppliers because each expense is associated with a supplier. Expenses can have notes, attachments, due dates, and references for UK expert analysis.

You’ll indeed include a depiction of your costs and select the expense type from the drop-down menu. If you set a default cost sort for a particular provider, this field will consequently be populated for you. Once you include the  VAT amount and rate, the software will automatically separate the VAT component from the cost for you. There is no limit to the line items you can add.

 3. Scan Receipts

With the receipt filtering highlight, you’ll filter a cost that will consequently be transferred to the framework. You’ll download the Crunch Snap Receipt Recording app from the Apple App Store or the Android Play Store. The free adaptation of the scanner lets you filter and e-mail 15 things per month. Clients of the free arrangement can upgrade to Snap Boundless for £3.50 + VAT per month, allowing them to scan and email unlimited spending each month. Snap Unlimited is available for free to Crunch Premium plan users.

 4. Bank

Crunch has  Open Banking accounting software that allows you to securely connect your business bank account. When you connect your bank account to the software, your bank statements can be automatically transferred to your account.

Currently, Crunch accounting review connects with 12 of the UK’s largest banks, including Barclays, Lloyds, Halifax, HSBC,  and NatWest. On the off chance that you can’t interface your bank account, you will be able to download statements to your Crunch account via Bank Statement Upload (CSV).

Users of any plan can import their reports and accommodate exchanges. Keeping money is as it were accessible for use with trade bank accounts. You will need to upload your statement manually if you are a sole trader using a personal bank account. Open Banking functionality is available to all customers on the Crunch Accounting Bundle and  Crunch Free Accounting Software.

 5. Taxes and VAT

You can ask Crunch to publish your VAT return if you are a VAT-registered commerce. For £3.50 + VAT per month, the program will plan, verify, and submit your VAT return every quarter. This add-on is a great option to ensure you comply with HMRC’s Making Tax Digital laws.

Another great feature of the service is the ability to self-file your taxes for HMRC. By paying a one-off fee of £109.50 plus VAT, Crunch’s chartered accountants will prepare your tax return, ensure you pay the correct amount of tax, and submit your return once you have approved. If you are a Premium Company Premium subscriber, your self-assessment will be included in your monthly subscription.

 6. Integration

Crunch connects to a small number of third-party applications. Some integrations are available for free, and others require a  charge. It works with integrals like Brixx (for announcing) and Tripcatcher (for mileage following). Integration with Stripe and Shopify is currently under development.

 7. Report

Crunch does not come with built-in reporting features. You can connect the software with Brixx, a budgetary arranging computer program. By joining the two frameworks, you will be able to urge personalized real-time reports and insights to track your cash flow and make better business decisions for UK expert analysis.

 8. Ask The Accountant

Another valuable benefit includes the Inquire and Bookkeeper, which allows you to speak with a qualified accountant to help your business solve accounting issues. Free plan users can purchase add-ons for a one-off fee of £39.50 + VAT. This service is free for all paid Crunch subscriptions.

 9. Establishing A Business

Crunch offers a business formation service for a one-off fee of £10. If you don’t want to do this yourself, Crunch can register your LLC for you. Simply choose your business name, fill in the online frame, and Crunch will enlist it with Companies House, subject to accessibility. You will receive all important documents once HMRC approves your business.

 10. Accounting Books

Crunch also offers accounting services to keep your accounts up to date. You can purchase a one-stop accounting service from £ 40+ VAT per month. Alternatively, you can get full accounting packages from £24.50 + VAT per month. You will always have instant access to approved Chartered Accountants who will meet your bookkeeping needs.

Here Are The Pros And Cons Of Crunch Accounting:

Essential Accounting Benefits

One of the best things about Crunch accounting software is that it is suitable for all sorts of trade proprietors, including sole dealers, consultants, and little commerce proprietors. 

  1. There’s an arrangement for everybody, counting a free arrangement, which is ideal if you’re working on a tight budget.
  2. Crunch is different from other solutions because it offers both services and features. Besides features like payments and expenses, Crunch also offers additional services to support you and help you grow your business. 
  3. It is the only software solution in the UK that provides qualified bookkeepers in-house. Other administrations incorporate the Inquire a Bookkeeper benefit, which allows you to connect with a real accountant who can answer your questions.
  4. This service is free for all paid Crunch subscriptions. Crunch can indeed interface you with contract advisors so you can get the best self-employed mortgage.
  5. If you are a limited company, Crunch offers training that can register your business without any hassle. 
  1. Crunch can even help take the stress out of filing your taxes with a self-assessment service. For a one-off fee, Crunch’s accounting and administration team will complete your self-assessment and submit it to HMRC. 

Crunch Accounting Disadvantages

Crunch is definitely a great accounting solution for small businesses, startups, entrepreneurs, and freelancers. 

  1. However, it is only available in the UK. If you live outside the UK, you should consider other options like QuickBooks Online or ZohoBooks, as the software only supports UK banks.
  2. Another drawback is that the software does not have an online payment function. 
  3. The company says the feature is currently in development, but it could cause problems for businesses that need it urgently. The free plan is generous and comes with plenty of invoicing and expense management features. 
  4. However, it lacks phone support. This means that free plan users will, as it were, have access to the Crunch community gathering and knowledge base.
  5. Those who use their personal car for work or need to track miles driven may be disappointed to learn that the software doesn’t have a built-in mileage tracking feature, but you can always add this functionality through integration.
  6. Another feature that is not integrated is the reporting functionality. If you want to benefit from this feature, you will need to integrate Crunch with Brixx,  a financial planning platform.

Complaints And Praises About Crunch’s Accounting (From Real Crunch Customer Reviews)

The majority of Crunch Accounting reviews praise the software’s ease of use and solid features that help you manage your finance and accounting tasks without much difficulty. Several user reviews explain how Crunch gives them peace of mind when it comes to payments, taxes, and controlling the financial performance of their business.

Other users say Crunch accounting makes it easy to run your business without wasting evenings and weekends updating your accounts. Some users like the way Crunch accounting connects you with accounting experts for a small fee.  Negative Crunch accounting reviews from users indicate that new developments do not always come as quickly as one would expect. Some users complain about the software’s poor financial reporting capabilities.

 Crunch Accounting Support Review 

Crunch has strong customer support. You can contact the company via e-mail, live chat, and phone. Customer support is available from 9 am to 6 am:

30 p.m. Monday to Thursday and 9 a.m. to 5 p.m.:

Friday 30 p.m. There is a dynamic community gathering where clients can share their mastery and offer assistance to each other with any problems or concerns.

Additionally, Crunch accounting has an extensive knowledge base that includes help business guides, articles, tools and calculators, and how-to videos. Users on all paid plans have access to unlimited support and a dedicated account manager. Premium plan users also get annual account health checks and in-app chat. You’ll book a free 30-minute interview with an accountant who will recommend a monthly plan that best suits your needs.  

But Is Accounting Crunch Worth It?

The brief reply is yes. The longer reply is that Crunch may be an incredible arrangement for anybody who runs a small business and needs human intervention to manage their finances. The great thing about Crunch accounting is that you will be assigned a bookkeeper and accountant who will offer assistance in your trade development with master counsel and direction. 

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