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123 Sheets vs Debitoor: Which Is Better Accounting Software?


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

Which accounting software is better 123 Sheets or Debitoor?

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

123 Sheets homepageDebitoor homepage
 

123 Sheets vs Debitoor Basics

123 SheetsDebitoor
Software Website123 Sheets WebsiteDebitoor Website
HMRC MTD StatusApprovedNot Included
Who Can Use It?Agents and businessesBusinesses
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesRecord keeping, raise and issue invoices, track payments and manage expenses
PlatformsWeb-based applicationCloud-based application: PC, Smartphone, Tablet, iPhone, Android
Note data for this section comes from HMRC here and here

123 Sheets vs Debitoor Reviews

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

123 SheetsDebitoor
Trustpilot Rating4.81.9
Number of Trustpilot Reviews123912
iPhone App RatingNo Rating4.7
Number of iPhone ReviewsNo Reviews10900
Android App RatingNo Rating4.2
Number of Android ReviewsNo Reviews77100
Please note ratings we’re accurate at the time of writing but may have since changed

123 Sheets vs Debitoor Prices

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

123 Sheets pricingDebitoor pricing

Free Plans & Trials

123 SheetsDebitoor
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 SheetsDebitoor
Cheapest Plan Cost Per Month£1.65£0.00
Mid-Tier Plan Cost Per Month£9.96£29.00
Top Plan Cost Per Month£69.95£49.00
Data taken from each company’s website at the time of writing but may have since changed.

123 Sheets vs Debitoor Features

123 Sheets featuresDebitoor 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

Debitoor Basic Features

  • Card readers
  • POS Lite
  • Tap to Pay on iPhone
  • Business Account
  • Invoices
  • Payment links, online store, gift cards
  • QR codes

Debitoor Software Integrations

  • Otter
  • Xero
  • Shopify

Common Feature Comparison

123 SheetsDebitoor
Payroll Software IntegrationNoNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentNoYes
Income Tax EstimatesYesNo
Manage Income & ExpensesYesNo
Create InvoicesNoYes
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingNoYes
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsNoYes
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsNoYes
Track Inventory & Stock LevelsNoYes

123 SheetsDebitoor
Pros
  • Price
  • Easy to use
  • Fast filing and prompt support
  • Submitting VAT returns digitally
  • Excel compatibility
  • Low cost, low commitment
  • Minimalist hardware with a few details that stand out
  • Low transaction fees and no hidden or monthly costs
  • PCI DSS and EMV compliant
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
  • Software has limited features
  • Narrow range of hardware options
  • Does not accept high-risk customers
  • Lacks live chat support

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