Moneybird vs Pennylane (2026): which should you pick?

Pick Moneybird if

• Fits if you're a Dutch or European freelancer who wants VAT returns filed electronically
• Works for online shops that connect Shopify or bol.com

Look elsewhere if

• Tight if you're on Compact: 1 invoice a month, 5 processed bank transactions and no VAT return
• Watch out: each sales invoice over your limit costs €0.15
• Watch out: iDEAL costs €0.29 a payment and cards 1% to 5%, and bank connections add small charges
• Watch out: the pricing page doesn't say which countries it serves

Pick Pennylane if

• Fits if you run a French company and want invoicing and your business account together
• Makes sense if your accountant will work inside the same app

Look elsewhere if

• Not for you if you're outside France, as the pages and plans are French and in euros
• Pricey if you want real accounting: the module is Premium at €79 a month, €149 for 2 users
• Watch out: Starter needs the Pennylane Pro account activated
• Watch out: each plan covers up to 1,200 invoices a year

Moneybird

• Monthly invoice limits apply; beyond them each extra sales invoice costs €0.15.
• Online payments carry fees, for example €0.29 for iDEAL and 1% to 5% for cards, with a 16 cent minimum on variable fees.
• Bank connections add small charges, such as €0.03 per payment record and €1.00 to initiate a payment.
• The site is offered in English, Dutch, German and French; the pricing page does not list which countries it serves.

Pennylane

• Pages and plans are in French, priced in euros before VAT, and aimed at French companies.
• Each plan covers up to 1,200 invoices a year; Custom has unlimited sales invoices.
• Starter requires activating the Pennylane Pro account; the paid plans are sold by company size and user count.
• Capital deposit costs €1 instead of €69 excluding VAT with a Pennylane subscription.

Moneybird

Invoices and quotes

Send sales invoices and quotes, set recurring invoices and automatic reminders, and send through Peppol or collect by SEPA direct debit.

Purchase invoices and receipts

Scan receipts with the app, process UBL invoices and receive invoices through Peppol. Smart document processing is capped at 3 on Compact.

Bank connections

Link bank accounts from 1,700+ European banks and match the transactions. How many accounts and transactions depends on the plan.

Bookkeeping and VAT returns

Reports, ledger accounts and asset depreciation are included. Electronic VAT returns and ICP returns can be filed from Moneybird on Start and above.

Timesheets and online sales

Record billable hours and turn them into invoices, and take payments through a payment link or recurring subscriptions.

Pennylane

Invoicing and e-invoicing

Create and receive invoices in line with French e-invoicing rules; the pages state that every plan is compliant.

Pro account and cards

A business account with virtual, physical and one-time cards, supplier payments and automatic reconciliation of transactions.

Accounting module

The Premium plan adds accounting reports, automated entry rules, VAT and tax-return filing by EDI, and month-end closing.

Expense reports

From Essentiel, the plans handle expense claims and mileage allowances, with automatic categorization and analytical reports.

Cash forecast

Essentiel and above include a cash forecast, based on the pricing page's feature list.

Accountant access

Plans give your accountant access, and a separate offer exists for accounting firms.

Moneybird

• Compact€3

  per month, billed yearly (€4 billed monthly)

  1 user and 1 sales invoice a month, 5 processed bank transactions, no linked bank account or VAT return.

• Start€15

  per month, billed yearly (€18 billed monthly)

  1 user, 200 sales invoices a month, 20 processed bank transactions and electronic VAT returns.

• Growth€29

  per month, billed yearly (€35 billed monthly)

  5 users, 500 sales invoices a month, 5 linked bank accounts and 50 processed transactions.

• Complete€41

  per month, billed yearly (€49 billed monthly)

  Unlimited users, linked bank accounts and transactions, and 1,000 sales invoices a month.

Pennylane

• Starter€7

  per month, excluding VAT, 1 user

  For independents: invoicing, Pro account with cards, supplier payments in one click, bank sync; needs the Pro account active.

• Basique€14

  per month, excluding VAT, 1 user

  Adds deposits and partial invoices, delivery and purchase orders and built-in supplier payment; €29 for a 2-user company.

• Essentiel€24

  per month, excluding VAT, 1 user

  Adds automated reminders, quote signing, recurring invoices, expense reports, cash forecast and API; €49 for 2 users.

• Premium€79

  per month, excluding VAT, 1 user

  Adds the accounting module: tax filing by EDI, month-end and annual closing, annual accounts; €149 for 2 users.

• CustomCustom

  For multi-entity or complex companies: unlimited users, multi-level approvals and EBICS T payments; quote only.

Moneybird

• Annual discount

  At least 16% off with yearly billing

  The pricing page shows the yearly-billed price per month and the saving per year, from €12 on Compact to €96 on Complete.

Pennylane

• Other savings

  Capital deposit for €1

  A Pennylane subscription from €7 excluding VAT lowers the online capital deposit fee to €1 from €69.