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ClearBooks vs 123 Sheets: Which Is Better Accounting Software?


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

Which accounting software is better ClearBooks or 123 Sheets?

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

ClearBooks homepage123 Sheets homepage
 

ClearBooks vs 123 Sheets Basics

ClearBooks123 Sheets
Software WebsiteClearBooks Website123 Sheets Website
HMRC MTD StatusNot IncludedApproved
Who Can Use It?Businesses and AccountantsAgents and businesses
HMRC Listed FeaturesRecord keeping, income and invoices, expenses and receipts, taxDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates
PlatformsWeb-based application, iPhone, iPad, AndroidWeb-based application
Note data for this section comes from HMRC here and here

ClearBooks vs 123 Sheets Reviews

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

ClearBooks123 Sheets
Trustpilot Rating4.14.8
Number of Trustpilot Reviews2521239
iPhone App Rating3.5No Rating
Number of iPhone Reviews10No Reviews
Android App Rating3.3No Rating
Number of Android Reviews14No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

ClearBooks vs 123 Sheets Prices

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

ClearBooks pricing123 Sheets pricing

Free Plans & Trials

ClearBooks123 Sheets
Free Plan?NoNo
Free Trial?YesNo
Free Trial Length?30 DaysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

ClearBooks123 Sheets
Cheapest Plan Cost Per Month£13.00£1.65
Mid-Tier Plan Cost Per Month£28.00£9.96
Top Plan Cost Per Month£34.00£69.95
Data taken from each company’s website at the time of writing but may have since changed.

ClearBooks vs 123 Sheets Features

ClearBooks features123 Sheets features

ClearBooks Basic Features

  • Invoice/quote creator
  • Bill & receipt tracking
  • Bank feeds and uploads
  • Reports (e.g. P&L)
  • Dividends tool

ClearBooks Software Integrations

  • Stripe
  • Revolut
  • Dext
  • Metro Bank
  • Plaid
  • XE

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

ClearBooks123 Sheets
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesNo
Income Tax EstimatesNoYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsYesNo
Bank Feed IntegrationYesNo
End of Year FilingsNoNo
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

ClearBooks123 Sheets
Pros
  • Customer Service
  • Meets Business Needs
  • User Friendly
  • User Interface
  • Price
  • Easy to use
  • Fast filing and prompt support
  • Submitting VAT returns digitally
  • Excel compatibility
Cons
  • Expensive
  • 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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