// monsa vs sharesight
Monsa and Sharesight, where they overlap and where they do not.
Sharesight is the record of what you own and what it cost. Monsa is the judgement about whether it still belongs.
What Sharesight is for
Portfolio tracking with an accounting spine - trades, dividends, currency, and tax reporting that people genuinely rely on at year end.
Monsa holds the rules you wrote down and checks your holdings against them every night.
These sit next to each other with almost no overlap. Sharesight is bookkeeping done properly; Monsa never touches tax, cost basis or dividends and would be a poor choice for any of it. What Monsa has that a ledger does not is the written strategy and the nightly check against it.
Side by side
| What you want to do | Sharesight | Monsa |
|---|---|---|
| Track trades, dividends and cost basis | Its whole reason for existing, and it is thorough. | Minimal. Shares and average cost, entered by hand. |
| Tax reporting | A major feature, per jurisdiction. | None at all. |
| Say whether a holding still fits your strategy | Not a question it asks. | The only question it asks. |
When you do not need Monsa
If what you need is an accurate record for your accountant, that is Sharesight and Monsa is not a substitute for it.
Monsa is also not a broker, does not place trades, and never says what to buy or sell. The other comparisons say the same thing about different tools, and a spreadsheet gets further than most people expect.
Rules written down while you still remember why you bought something survive the moment the price argues with you.