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Tide Accounting vs Hammock: Which Is Better Accounting Software?


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

Which accounting software is better Tide Accounting or Hammock?

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

Tide Accounting homepageHammock homepage
 

Tide Accounting vs Hammock Basics

Tide AccountingHammock
Software WebsiteTide Accounting WebsiteHammock Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses and Self-employedLandlords, agents and property managers
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

Tide Accounting vs Hammock Reviews

Wondering if Tide Accounting or Hammock has better user reviews. We compared them below.

Tide AccountingHammock
Trustpilot Rating4.33.8
Number of Trustpilot Reviews179842
iPhone App Rating4.44
Number of iPhone Reviews77
Android App Rating4.5No Rating
Number of Android Reviews13No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Tide Accounting vs Hammock Prices

Which is cheaper Tide Accounting or Hammock? Here are their prices compared.

Tide Accounting pricingHammock pricing

Free Plans & Trials

Tide AccountingHammock
Free Plan?YesNo
Free Trial?NoYes
Free Trial Length?No30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Tide AccountingHammock
Cheapest Plan Cost Per Month£9.99£5.99
Mid-Tier Plan Cost Per Month£18.99£11.99
Top Plan Cost Per Month£49.99£19.99
Data taken from each company’s website at the time of writing but may have since changed.

Tide Accounting vs Hammock Features

Tide Accounting featuresHammock features

Tide Accounting Basic Features

  • Transfers in & out – 20/ month free
  • ATM withdrawals
  • Read access for team members
  • Scheduled payments
  • Accounting integrations – Quickbooks, Xero, Sage and more
  • Multi-business – hold up to 5 business accounts
  • Create and send invoices for free
  • Priority in-app support
  • Phone support
  • 24/7 legal helpline
  • Exclusive member perks
  • Support with trademark filing and disputes

Tide Accounting Software Integrations

  • Xero
  • QuickBooks
  • Sage

Hammock Basic Features

  • 1-3 Properties
  • Register your rental properties
  • Bookkeeping
  • Unlimited Bank Feeds
  • Real-time Notifications
  • User Management

Hammock Software Integrations

  • Revolut
  • Monzo
  • Natwest
  • TSB Bank
  • Barclays
  • Aldermore

Common Feature Comparison

Tide AccountingHammock
Payroll Software IntegrationYesNo
Track VATYesNo
VAT FilingYesNo
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

Tide AccountingHammock
Pros
  • A business account with no monthly fee is available.
  • You can access your account digitally via an app on Android or iPhones and on the Tide website.
  • Tide offers bank accounts provided by ClearBank that are eligible for protection through the Financial Services Compensation Scheme (FSCS).
  • Tide offers 24/7 support with the member support team
  • Free trial
  • Automated bookkeeping
  • Unlimited Bank Feeds
Cons
  • E-money accounts (for some existing customers) from Tide are not protected by FSCS, though Tide is in the process of moving Tide accounts from PPS e-money accounts to ClearBank FSCS-protected bank accounts
  • It is not possible to deposit cheques into a Tide account
  • Business partnerships and charities cannot open a Tide account
  • Low review score

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