BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

123 Sheets vs Absolute: Which Is Better Accounting Software?


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

Which accounting software is better 123 Sheets or Absolute?

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

123 Sheets homepageAbsolute homepage
 

123 Sheets vs Absolute Basics

123 SheetsAbsolute
Software Website123 Sheets WebsiteAbsolute Website
HMRC MTD StatusApprovedIn Development
Who Can Use It?Agents and businessesBusinesses, Accountants, and Sole practitioners
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesNone
PlatformsWeb-based applicationWeb-based and Desktop application
Note data for this section comes from HMRC here and here

123 Sheets vs Absolute Reviews

Wondering if 123 Sheets or Absolute has better user reviews. We compared them below.

123 SheetsAbsolute
Trustpilot Rating4.8No Rating
Number of Trustpilot Reviews1239No Reviews
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

123 Sheets vs Absolute Prices

Which is cheaper 123 Sheets or Absolute? Here are their prices compared.

123 Sheets pricingAbsolute pricing

Free Plans & Trials

123 SheetsAbsolute
Free Plan?NoYes
Free Trial?NoYes
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 SheetsAbsolute
Cheapest Plan Cost Per Month£1.65£25.00
Mid-Tier Plan Cost Per Month£9.96£430.00
Top Plan Cost Per Month£69.95£1,200.00
Data taken from each company’s website at the time of writing but may have since changed.

123 Sheets vs Absolute Features

123 Sheets featuresAbsolute 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

Absolute Basic Features

  • One program – multiple applications
  • Simple “pay as you go” process
  • Spread the cost or go unlimited
  • Demo download

Absolute Software Integrations

Not Listed

Common Feature Comparison

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

123 SheetsAbsolute
Pros
  • Price
  • Easy to use
  • Fast filing and prompt support
  • Submitting VAT returns digitally
  • Excel compatibility
  • Free plan
  • FRS102 and FRS105 compliant
  • Fully XBRL and iXBRL compatible with Companies House and HMRC
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
  • Lack of reviews
  • No app

More Comparisons

123 Sheets vs BTCSoftware by Bright
123 Sheets vs Coconut
123 Sheets vs Dext Prepare
123 Sheets vs Earnr
123 Sheets vs Federation of Small Businesses MTD

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