BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

123 Sheets vs 1Tap Receipts: Which Is Better Accounting Software?


Last Updated: 20 March 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better 123 Sheets or 1Tap Receipts?

We compare them based on real user reviews, prices and what features they both offer.

123 Sheets homepage1Tap Receipts homepage
 

123 Sheets vs 1Tap Receipts Basics

123 Sheets1Tap Receipts
Software Website123 Sheets Website1Tap Receipts Website
HMRC MTD StatusApprovedNot Included
Who Can Use It?Agents and businessesBusinesses, Accountants, and Self-employed
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesRecord keeping and simplified expenses
PlatformsWeb-based applicationiPhone, iPad, Android, web
Note data for this section comes from HMRC here and here

123 Sheets vs 1Tap Receipts Reviews

Wondering if 123 Sheets or 1Tap Receipts has better user reviews. We compared them below.

123 Sheets1Tap Receipts
Trustpilot Rating4.82.6
Number of Trustpilot Reviews12394
iPhone App RatingNo Rating4.8
Number of iPhone ReviewsNo Reviews4700
Android App RatingNo Rating3.7
Number of Android ReviewsNo Reviews699
Please note ratings we’re accurate at the time of writing but may have since changed

123 Sheets vs 1Tap Receipts Prices

Which is cheaper 123 Sheets or 1Tap Receipts? Here are their prices compared.

123 Sheets pricing1Tap Receipts pricing

Free Plans & Trials

123 Sheets1Tap Receipts
Free Plan?NoNo
Free Trial?NoNo
Free Trial Length?NoNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

123 Sheets1Tap Receipts
Cheapest Plan Cost Per Month£1.65£1.25
Mid-Tier Plan Cost Per Month£9.96£4.17
Top Plan Cost Per Month£69.95£9.99
Data taken from each company’s website at the time of writing but may have since changed.

123 Sheets vs 1Tap Receipts Features

123 Sheets features1Tap Receipts features

123 Sheets Basic Features

  • Helping VAT returns run smoothly for MTD
  • Simplifying the MTD process for self employed
  • Simplifying the MTD process for Landlords
  • Simplifying the MTD process for Accountants

123 Sheets Software Integrations

  • Sage
  • Quickbooks

1Tap Receipts Basic Features

  • Auto scans
  • Cloud Storage
  • Human accuracy check
  • Email in
  • Automatic currency conversion
  • PDF & CSV export
  • Personal tags
  • Auto categorisation
  • Split receipts (business vs. personal)
  • Location (add nearby location)
  • Personalised Reports
  • Tax form export
  • Access to all 1tap products

1Tap Receipts Software Integrations

Not Listed

Common Feature Comparison

123 Sheets1Tap Receipts
Payroll Software IntegrationNoNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentNoYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesNoYes
Forecast Cash FlowNoNo
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsNoYes
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsNoNo
Track Inventory & Stock LevelsNoNo

123 Sheets1Tap Receipts
Pros
  • Price
  • Easy to use
  • Fast filing and prompt support
  • Submitting VAT returns digitally
  • Excel compatibility
  • Automatic Data Extraction and Bookkeeping
  • Unlimited Cloud Storage
  • Real-time sharing with accountant
Cons
  • Being logged out too soon and very often
  • VAT return page doesn’t include the period dates
  • Process navigation could be improved
  • Price goes up every year
  • Takes as much time as posting it for free to HMRC
  • No Free trial
  • No Free Plan

More Comparisons

123 Sheets vs 10 Minute Accounts
123 Sheets vs APARI
123 Sheets vs Debitoor
123 Sheets vs Dod-dle Corporation
123 Sheets vs FEXCO

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224