bluQube – What You Need to Know
An in-depth look at bluQube — features, strengths, limitations, and who it's best for.
At a Glance
Key facts about bluQube at a glance.
| Feature | bluQube |
|---|---|
| Software Type | Enterprise cloud accounting software (organisations) |
| Target Users | SME finance teams, larger organisations |
| Income Sources Supported | Sole Trader + UK Property + Foreign Property |
| Free MTD Software Plan | No free plan |
| MTD Quarterly Updates to HMRC | Yes |
| Final Declaration | Yes |
| Bank Reconciliation | Yes |
| Automated Bank Feeds | Yes |
| Invoice Creation | Yes |
| Receipt Capture (OCR) | Yes |
| Expense Auto-Categorisation | Yes |
| Property Portfolio Management | No |
| Tenant Management | No |
| Joint Ownership & Profit Sharing | No |
| Payroll | No |
| HMO Unit-Level Tracking | No |
| HMRC SA105 Box Pre-Mapping | No |
| Spreadsheet Import/Export | Yes |
| Platform | Web, iOS |
| GDPR Compliant | Yes |
What Is bluQube ?
What's Making Tax Digital?
GoSimpleTax is one of the UK's most established Self Assessment software brands with over 20,000 customers in 30 countries file more than 125,000 returns annually using its HMRC-recognised platform (Trustpilot 4.4/5, 2,700+ reviews). It handles all standard Self Assessment forms including SA100, SA102, SA103, SA104, SA105, SA106, SA107, SA108, and SA109 covering sole traders, landlords, non-residents, and those with foreign income.
GoSimpleTax acquired !Coconut in 2023 and the two brands now share the same directors and company. !Coconut (getcoconut.com) is the GoSimpleTax family's HMRC-recognised MTD for Income Tax product, a simplified accounting app designed for sole traders, landlords, and CIS subcontractors. !Coconut is FCA-authorised as an Account Information Services Provider (FRN: 931194), connects to over 25 UK banks via Open Banking, and is available on iOS, Android, and web. Features include automatic bank feed imports, receipt scanning, unlimited professional invoicing, expense categorisation, real-time in-year tax estimates, profit and loss reports, and cash flow summaries.
The MTD and Self Assessment products work together: !Coconut handles quarterly digital record keeping and MTD submissions; GoSimpleTax handles the annual Self Assessment return. The !Coconut Full plan (£159.99/year) bundles both. Landlords with a Zempler business bank account can access !Coconut free for two years. !Coconut is deliberately simplified, it does not offer property portfolio management, tenant management, HMO support, joint ownership automation, a formal chart of accounts, or double-entry bookkeeping. Its philosophy is simplicity and accessibility for landlords and sole traders who find traditional accounting software overly complex.
Strengths
- MTD for VAT and MTD for Income Tax both included in subscription
- Multi-entity group accounting — core differentiator
- OCR accounts payable automation
- Live real-time Excel reporting integration
- CIS Construction Industry Scheme support
- UK data hosting in military-grade data centres
- Phone support — answers within 3 rings; no resellers
- Employee Ownership Trust; customer-first governance
- Cloud or on-premise deployment options
Limitations
- Not designed for individual landlords or sole traders
- No property portfolio management or rent tracking
- No tenant management
- No joint ownership or profit-sharing automation
- No landlord-tailored chart of accounts or expense categories
- No free plan — custom pricing required
- 4-week minimum guided implementation; not self-serve
- No dedicated accountant filing portal for landlord clients
- Agent filing for MTD ITSA not publicly confirmed
Making Tax Digital Compliance
How bluQube Handles MTD Compliance for Landlords and Sole Traders
bluQube supports MTD for Income Tax and MTD for VAT as part of its standard subscription — no extra charge for existing customers. The platform provides digital record keeping, quarterly updates, and year-end submissions directly to HMRC. Its MTD for Income Tax module covers self-employment and UK property income; foreign property income is not explicitly confirmed on bluQube's published product pages. bluQube also supports multi-entity structures, so organisations whose owners have qualifying personal income alongside business income can manage both in one system. Crucially, bluQube does not maintain property-specific records throughout the year. Landlords using it would need to manage property and tenancy records separately and enter aggregated figures into the system.
| Feature | bluQube |
|---|---|
| HMRC Recognised (MTD ITSA) | Yes |
| MTD Quarterly Updates | Yes |
| Final Declaration | Yes |
| Digital Record Keeping | Yes |
| Digital Links Compliant | Yes |
| Sole Trader Income | Yes |
| UK Property Income | Yes |
| Foreign Property Income | No |
| Multiple Income Streams | Yes |
| Agent Filing on Behalf | No |
Property Management
bluQube: No Property-Specific Features
bluQube does not offer any property-specific features. There is no property portfolio dashboard, no tenant management, no rent tracking, no per-property expense allocation, no joint ownership automation, and no HMO support. It is an enterprise accounting platform. Landlords using bluQube for MTD must manage their property records entirely outside the system and enter totals manually.
| Feature | bluQube |
|---|---|
| Property Portfolio Management | No |
| Tenant Management | No |
| Rent Tracking | No |
| Property Expense Allocation | No |
| Multiple Property Support | No |
| HMO Property Support | No |
| Joint Ownership/Profit Sharing | No |
| Maintenance Tracking | No |
| Tenant Screening | No |
| Compliance Document Alerts | No |
| Arrears Tracking | No |
Bookkeeping, Accounting & Digital Record Keeping
bluQube: Full Enterprise Accounting — Not Structured for Landlord Use
bluQube provides a complete accounting suite including a configurable chart of accounts, journal entries, double-entry bookkeeping, multi-entity intercompany transactions, and real-time Excel reporting integration. It does not offer a landlord-tailored chart of accounts or per-property financial reporting, the system is designed for organisational finance, not individual property portfolios.
| Feature | bluQube |
|---|---|
| Cash Basis Accounting | No |
| hart of Accounts (Pre-built, Landlord-Tailored) | No |
| Journal Entries | Yes |
| Bank Reconciliation | Yes |
| Automated Bank Feeds | Yes |
| Open Banking Integration | No |
| Double-Entry Bookkeeping | Yes |
| HMRC Box Pre-Mapping | No |
| Xero Integration | No |
| Spreadsheet Import/Export | Yes |
| Digital Record Storage | Yes |
Invoicing, Expense Tracking
bluQube: Accounts Payable Automation — for Business Invoices, Not Landlord Expenses
bluQube provides OCR-powered accounts payable automation for business invoices: users email, upload, or drag and drop invoices into an approval portal, and the system extracts key information, matches to suppliers and purchase orders, and routes for approval. This is designed for organisational AP workflows, not landlord expense receipts. There is no AI auto-categorisation of personal or property expenses, no landlord-specific expense categories, and no rent invoicing with tenancy branding.
| Feature | bluQube |
|---|---|
| Invoice Creation & Sending | Yes |
| Invoice Customisation/Branding | Yes |
| Online Payment Collection | No |
| Expense Tracking | No |
| Receipt Capture (OCR/Photo) | Yes |
| Expense Categorisation | Yes |
| Automated Transaction Matching | Yes |
| Mileage Tracking | No |
| AI Auto-Categorisation | No |
Reporting & Tax Forecasting
bluQube: Powerful Enterprise Reporting with Live Excel Integration
bluQube's reporting connects live to Excel, providing real-time financial information without manual exports. Dashboards and reporting tools allow finance and non-finance users to analyse trends, track KPIs, and produce group-level or entity-level reports. However, there is no per-property reporting, no landlord-specific P&L breakdown, and no property portfolio dashboard.
| Feature | bluQube |
|---|---|
| Profit & Loss Report | Yes |
| Balance Sheet | Yes |
| Trial Balance | Yes |
| Dashboard/Overview | Yes |
| Real-Time Financial Data | Yes |
| Cash Flow Reporting | Yes |
| Tax Estimate/Forecast | No |
| AI-Powered Features | No |
Collaboration & Mobile Apps
bluQube: Enterprise Access with Guided Implementation and Real-Person Support
| Feature | bluQube |
|---|---|
| Accountant/Advisor Portal | No |
| Multi-User Access | Yes |
| Agent Filing on Behalf | No |
| Bank Integration | Yes |
| Platform | Web; iOS |
| Web Browser Access | Yes |
| FCA Regulated | No |
| GDPR Compliant | Yes |
Ease of Use, Support & Security
bluQube's Ease of Use
bluQube emphasises intuitive design for both finance and non-finance staff — clear dashboards, bold graphics, and step-by-step signposting. Phone support answers within three rings, and users always speak to a Symmetry team member rather than a reseller or bot. The platform uses full SSL encryption, penetration testing, monthly health checks, and UK-based military-grade data hosting. A structured onboarding process and fixed-cost implementation reduce risk for organisations migrating from legacy systems.
| Feature | bluQube |
|---|---|
| Phone Support | Yes |
| Chat Support | Yes |
| Email Support | Yes |
| Help Centre/Knowledge Base | No |
| FCA Regulated | No |
| Enterprise-Grade Security | Yes |
Unique Features Only bluQube Offers
MTD for VAT — direct submission and built-in bridging
bluQube supports MTD for VAT with direct HMRC submission and built-in bridging for VAT-registered businesses, included in the standard subscription.
True multi-entity group accounting
bluQube manages multiple legal entities — different VAT environments, fiscal calendars, and charts of accounts — within one system, with intercompany transaction automation and group-level consolidated reporting.
Live Excel reporting integration
Financial data from bluQube feeds directly into Excel in real time. Reports are always current without manual exports, re-keying, or file transfers.
Construction Industry Scheme (CIS) support
bluQube includes CIS support for contractors and subcontractors. Relevant for landlords who also run construction or property development businesses.
Real-time third-party system interoperability
bluQube integrates in real time with HR, CRM, payroll, and other business systems — allowing each department to use the best tool for its function while sharing financial data accurately across the organisation.
On-premise deployment option
bluQube can be deployed on a customer's own servers as well as on the cloud, giving IT-governed organisations full control over their infrastructure.
Fixed-cost guided implementation with a dedicated team
bluQube provides a structured implementation from four weeks at an agreed fixed cost. For organisations migrating from legacy systems like Dynamics GP, Navision, or Sage 50, this reduces implementation risk.
Who should choose bluQube?
bluQube is the better choice for:
SME finance teams that need enterprise accounting plus MTD in one subscription
If your organisation is already evaluating bluQube for multi-entity accounting, accounts payable automation, CIS, or live Excel reporting, the MTD for Income Tax module is included at no extra cost. There is no need for a separate landlord tool if your property income arises within an existing organisational structure.
VAT-registered businesses needing MTD for VAT and MTD for Income Tax in one system
bluQube covers both within one subscription, with direct HMRC submission and built-in bridging for VAT.
Organisations with complex multi-entity or corporate property group structures
bluQube's multi-entity architecture — different VAT environments, calendars, and charts of accounts per entity, with consolidated group reporting suits property groups or mixed trading structures operating at corporate level, not individual landlords.
Businesses migrating from Dynamics GP, Navision, or Sage 50
bluQube offers structured migration paths from legacy systems, with fixed-cost implementations and a direct team who built the software. For organisations carrying legacy data, this reduces risk considerably.
Organisations wanting on-premise deployment
bluQube supports both cloud and on-premise deployment. For organisations with IT governance requirements that prevent cloud-only solutions, this is a meaningful differentiator. RentalBux is cloud-only.