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Bokio vs 123 Sheets: Which Is Better Accounting Software?


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

Which accounting software is better Bokio or 123 Sheets?

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

Bokio homepage123 Sheets homepage
 

Bokio vs 123 Sheets Basics

Bokio123 Sheets
Software WebsiteBokio Website123 Sheets Website
HMRC MTD StatusNot IncludedApproved
Who Can Use It?Businesses, Self-employed, and AccountantsAgents and businesses
HMRC Listed FeaturesRecord keeping, simplified expenses and raising invoicesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates
PlatformsWeb-based applicationWeb-based application
Note data for this section comes from HMRC here and here

Bokio vs 123 Sheets Reviews

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

Bokio123 Sheets
Trustpilot Rating24.8
Number of Trustpilot Reviews541239
iPhone App Rating3.4No Rating
Number of iPhone Reviews16No Reviews
Android App Rating3.5No Rating
Number of Android Reviews181No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Bokio vs 123 Sheets Prices

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

Bokio pricing123 Sheets pricing

Free Plans & Trials

Bokio123 Sheets
Free Plan?YesNo
Free Trial?YesNo
Free Trial Length?2 monthsNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Bokio123 Sheets
Cheapest Plan Cost Per Month£0.00£1.65
Mid-Tier Plan Cost Per Month£8.99£9.96
Top Plan Cost Per Month£15.99£69.95
Data taken from each company’s website at the time of writing but may have since changed.

Bokio vs 123 Sheets Features

Bokio features123 Sheets features

Bokio Basic Features

  • Manual accounting – Record your expenses and income.
  • Invoicing – Create, send, track and record invoices with your accounting.
  • Community – Get tips and share experiences with Bokio users in our community.

Bokio Software Integrations

  • Stripe
  • Zettle

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

Common Feature Comparison

Bokio123 Sheets
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesNo
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsNoNo
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

Bokio123 Sheets
Pros
  • Free
  • Cloud-based
  • Easy to set up and use
  • Price
  • Easy to use
  • Fast filing and prompt support
  • Submitting VAT returns digitally
  • Excel compatibility
Cons
  • Premium help comes at a cost
  • Buggy directors payroll section
  • 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

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