Comparison
Ledger vs Hnry
Hnry takes 1% of your income to handle your taxes. Ledger costs $29/mo flat — no matter how much you earn. Here's the full breakdown.
The cost reality
At $5K/mo income
$252/yr
saved per year with Ledger
Hnry: $50/mo vs Ledger: $29/mo
At $10K/mo income
$852/yr
saved per year with Ledger
Hnry: $100/mo vs Ledger: $29/mo
At $20K/mo income
$2,052/yr
saved per year with Ledger
Hnry: $200/mo vs Ledger: $29/mo
| Feature | Ledger | Hnry |
|---|---|---|
| Pricing model | $29/mo flat fee | 1% of income (uncapped) |
| Cost at $5,000/mo income | $29/mo | $50/mo |
| Cost at $10,000/mo income | $29/mo | $100/mo |
| Cost at $20,000/mo income | $29/mo | $200/mo |
| Tax payments | You file via myIR (guided) | Hnry auto-deducts and pays IRD |
| GST returns | One-click with AI checks | Automated filing |
| AI coding | Yes — learns your patterns | Basic categorisation |
| AI financial advisor | Built-in. Real-time advice. | No |
| Invoicing | Full invoicing + Stripe payments | Basic invoicing |
| Reports | P&L, balance sheet, trial balance, aged receivables | Basic income/expense reports |
| Bank integration | CSV + Akahu | Dedicated Hnry bank account |
| Control over your money | Full control. Your bank account. | Income routed through Hnry |
| Best for | Any NZ small business | Contractors who want hands-off |
When Hnry makes sense
Hnry is great if you're a contractor who wants someone else to handle everything — tax payments, filing, bookkeeping — and you're okay paying 1% for that service. It's genuinely hands-off.
But if you earn more than $3,000/month (most contractors do), Ledger is cheaper. And with AI doing the bookkeeping, it's nearly as hands-off — plus you keep full control of your money and get real financial insight.