TradeTally vs Coconut

TradeTally vs Coconut: which is better?

Compare pricing, features, and trade-specific workflows. See why UK sole traders choose TradeTally over Coconut.

From £19/month — less than half the cost of Xero Growing.14-day free trial, no card required.

Pricing comparison

TradeTally

£19/month

Professional plan. Everything sole trader tradespeople need.

  • Unlimited invoicing and quoting
  • Receipt scanning from your phone
  • One-click SA103F tax export
  • Mobile-first for on-site use
  • 14-day free trial, no card required
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Coconut

££10/month

Tax and banking for the self-employed. Range: £5–£12/month.

Strengths

  • Automatic tax categorisation from banking transactions
  • Built-in business current account
  • Real-time tax estimates as you earn and spend
  • Very affordable pricing

Feature-by-feature comparison

FeatureTradeTallyCoconut
Invoicing
Quoting
Expense Tracking
Receipt Scanning
SA103F Export
Mobile App
MTD Compatible
Bank Reconciliation
Payroll
Multi-Currency
Inventory Management
Time Tracking

What TradeTally does that Coconutdoesn't

Invoicing is basic — no professional templates or quoting

No dedicated SA103F one-click export

No receipt scanning for logging cash expenses from merchants

Forces you to switch bank accounts to get full value

No trade-specific features or job-based expense tracking

Coconut limitations for tradespeople

  • Requires using Coconut as your business bank account
  • Invoicing features are basic — no quoting
  • Limited reporting and export options
  • Small team means slower feature development
  • Not suitable if you want to keep your existing bank

Frequently asked questions

Quick answers to common questions.

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Ready to simplify your invoicing?

Join thousands of UK tradespeople who spend less time on paperwork and more time earning. Start your 14-day free trial today — no card required.

From £19/month. Annual billing saves you 16%.