If you’re looking around for an online accountant, then The Accountancy Partnership and Mazuma are probably both on your radar. At first glance, The Accountancy Partnership and Mazuma might sound like they offer the same service.
Both provide accounting services for businesses, such as tax returns and accounts, as well as bookkeeping and payroll. But here at The Accountancy Partnership, we do things a little differently.
The Accountancy Partnership
Free bookkeeping software
Suitable for small businesses
Proactively check bookkeeping, even if you don’t use the service
At The Accountancy Partnership we provide a range of accounting services to help you run your business efficiently, without charging you for services that you don’t need. Bookkeeping (the process of managing your financial records) is a good example of this.
Any accountant who works on a set of accounts will need the business’ bookkeeping. No matter who your accountant is, you have two choices:
Take care of your bookkeeping yourself
Have an accountant or bookkeeper do it for you
How it works with Mazuma
Mazuma will charge you for bookkeeping, even if you prefer to complete it yourself. It’s probably one of the reasons why their fees are more expensive.
Even then, they’ll still only complete your bookkeeping once a month, at the most.
If you want more up-to-date access to your figures, you’ll be responsible for taking care of everything yourself, using FreshBooks – despite paying Mazuma for their bookkeeping service.
Will I pay for services that I don’t use?
The Accountancy Partnership
Not on our watch! Only pay for the services you use.
Limited companies from £39.50 per month
Yes, services are packaged together even if you don’t use them.
Limited companies from £85.00 per month
Or, you can have us complete your bookkeeping for you, from as little as 50p per transaction – only paying for what you need.
If you choose to do your own bookkeeping, you can update your records as often as you want, and always have the correct financial information available. That means knowing which invoices need to be paid, which customers still owe you money, and how things are looking at any given moment, rather than waiting until the end of the month for Mazuma to send your monthly report.
If you use Pandle, our trained bookkeepers will support you every step of the way. From initial set up calls, to our in-app live chat support and product tours, you can get instant answers about anything you’re unsure of. Even if you don’t use our bookkeeping service!
The benefits of our proactive bookkeeping checks
Even if you do your own bookkeeping with Pandle, our bookkeepers will regularly review your records– for free. It’s just one of the little perks of being a The Accountancy Partnership client.
Our proactive bookkeeping checks ensure we spot potential problems before they develop into something bigger, and let you know if there are any improvements which might help you.
Should I use The Accountancy Partnership or Mazuma?
Because every business is different, some need more support than others. Here at The Accountancy Partnership, we only charge clients for the services that they use.
And whilst we don’t like to brag, our clients clearly like the way we do things…
The Accountancy Partnership
4.9 out of 5, based on 1,567 reviews
4.7 out of 5, based on 378 reviews
4.83 out of 5, based on 299 reviews
4.7 out of 5, based on 117 reviews
4.1 out of 5, based on 31 reviews
4.95 out of 5, based on 118 reviews
Comparing bookkeeping software
Because Pandle is our very own software, it’s specially designed for the businesses that we work with. We can release updates which solve specific problems our clients and other small businesses have.
Mazuma provide their own receipt scanning app, MazApp, which bookkeeping clients can use to submit their documents.
Thanks to a partnership with FreshBooks, Mazuma are also able to provide this as another option. They’ll enter your records into FreshBooks for you each month as part of their bookkeeping service, or you can manage it yourself and access your records more quickly.
FreshBooks is pretty user-friendly, and has lots of excellent support articles, but as a Canadian company it doesn’t fully service UK VAT and tax.
This means it doesn’t support the Flat Rate Scheme or the domestic reverse charge, and you’ll need bridging software to submit your MTD VAT return.
(Free for clients)
Accept Invoice Payments
Automated Bank Reconciliation
Cash Flow Forecasting
Connect your bank account
(10,000+ secure feeds)
Live Chat Support
Yes, with trained bookkeepers who know the software
Making Tax Digital compliant
You’ll need to download VAT report and submit using bridging software
Real Time Tax and Finances Dashboard
Does not support Flat Rate Scheme or domestic reverse charge
Choosing the online accountant who is right for you
As we’re much larger than Mazuma, we have systems in place to make sure your level of service never drops, regardless of illnesses or unexpected absences.
Every accountant is paired up with a ‘buddy’, so if your normal accountant is on holiday or ill, their buddy can help you with any queries relating to your business. You won’t have to wait to get the answers you need.
Having a big team also means we have hundreds of years of experience between us. With accountancy and tax laws being such a massive subject, it helps to have such a diverse range of knowledge!
Choose The Accountancy Partnership if…
Or go with Mazuma if…
You want up-to-date information about your business
You only want updates on a monthly basis
You don’t want to pay for services that you don’t use
You’re happy to pay for a service that you might not need
You want free bookkeeping software with live chat support from our in-house bookkeepers
You want free software, but don’t mind dealing with a third party for support