ANNA Business Tools vs 123 Sheets: Which Is Better Accounting Software?

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

ANNA Business Tools vs 123 Sheets Basics

	ANNA Business Tools	123 Sheets
Software Website	ANNA Business Tools Website	123 Sheets Website
HMRC MTD Status	Not Included	Approved
Who Can Use It?	Businesses and Accountants	Agents and businesses
HMRC Listed Features	None	Digital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates
Platforms	Web-based application, Android, iOS	Web-based application

Note data for this section comes from HMRC here and here

Wondering if ANNA Business Tools or 123 Sheets has better user reviews. We compared them below.

	ANNA Business Tools	123 Sheets
Trustpilot Rating	4.5	4.8
Number of Trustpilot Reviews	2566	1239
iPhone App Rating	4.5	No Rating
Number of iPhone Reviews	791	No Reviews
Android App Rating	3.6	No Rating
Number of Android Reviews	1250	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper ANNA Business Tools or 123 Sheets? Here are their prices compared.

Data taken from each company’s website at the time of writing but may have since changed.

Data taken from each company’s website at the time of writing but may have since changed.

Fulfils your basic business admin for free
Bookkeeping tools that track your sales, profits and expenses
Submit your VAT Return from any Excel or Google Sheets spreadsheet for £3.50 + VAT
Share access with your accountant or sync with accounting software like Xero or Quickbooks
Create and send professional-looking invoices
Snap receipts and match them to transactions on the go

	ANNA Business Tools	123 Sheets
Payroll Software Integration	Yes	No
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	Yes	No
Prepare Self Assessment	Yes	No
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	Yes	No
Forecast Cash Flow	Yes	No
Accept and Make Payments In Different Currencies	Yes	No
Employee Time Tracking	No	No
Projects	No	No
Bank Feed Integration	Yes	No
End of Year Filings	Yes	No
Capture Bills And Receipts	Yes	No
Bulk Reconcile Transactions	Yes	No
Track Inventory & Stock Levels	No	No

	ANNA Business Tools	123 Sheets
Pros	Free plan available for sole traders & limited companies Has most of the key features youâ€™re likely to need Can be used even if you donâ€™t bank with ANNA	Price Easy to use Fast filing and prompt support Submitting VAT returns digitally Excel compatibility
Cons	Youâ€™ll need the paid version for Corporation Tax returns Doesnâ€™t offer any more advanced features or reporting Not suitable for large corporations	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