TradeTally vs Wave

TradeTally vs Wave: which is better?

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

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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Wave

Free

Free invoicing and accounting. Range: Free–£0/month.

Strengths

  • Completely free invoicing and accounting features
  • Clean, simple interface for basic needs
  • Unlimited invoicing with no client caps
  • Good for very early-stage businesses watching costs

Feature-by-feature comparison

FeatureTradeTallyWave
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 Wavedoesn't

No UK tax compliance — no SA103F, no MTD

No receipt scanning for logging expenses on the go

No mobile-first design for tradespeople working on site

No trade-specific features or expense categories

No quoting functionality for providing estimates

Wave limitations for tradespeople

  • US/Canada-focused — poor UK tax compliance
  • No MTD support for UK VAT obligations
  • No SA103F export or UK Self Assessment support
  • Revenue comes from payment processing fees (2.9% + 60p per transaction)
  • Limited mobile app functionality
  • No receipt scanning capability

Frequently asked questions

Quick answers to common questions.

More comparisons

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%.