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 on Professional. 14-day trial on paid plans, no card to start.

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
Start free trial

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

Short answers, no fluff.

More comparisons

Ready to trim the paperwork?

Start the 14-day trial on a paid plan when you are ready. Export anything before you leave—your data stays yours.

Professional from £19/month — annual billing lowers the monthly figure.