Sole Trader Accounting Software

Simplify Finances with Sole Trader Accounting Software

Managing your finances as a sole trader doesn’t have to be complicated. Our sole trader accounting software streamlines your bookkeeping tasks, helping you create invoices, track expenses, and monitor your cash flow with ease. Tailored specifically for self-employed individuals, it provides the tools you need to stay organised and focused on growing your business.

Get started today for FREE!.

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Sole Trader Accounting Software - The Balance App -

Quotes & Payment Reminders
Making Tax Digital (MTD) Compliant

VAT & CIS Returns
Unlimited Support & Advice

Bank Feeds & Financial Reports
Built-in CRM & Project Management

Simple, Effective Accounting Software for Sole Traders

Flexible, free-to-use tools designed for UK self-employed professionals.

The Balance App is cloud-based bookkeeping software built with sole traders in mind. It’s easy to use, but powerful enough to handle the day-to-day tasks that keep your business running smoothly.

From importing and matching your bank transactions to automating payment reminders and sending recurring invoices — Balance takes care of the time-consuming admin, so you can focus on what you do best.

FREE forever

Balance Lite

Perfect for sole traders who feel confident managing their own finances and just need simple, reliable accounting software to stay on track.

Get Started with Lite

Projects
Bank Feeds
Receipt Uploads
Stock Control
PayPal Feeds
Multi Company Management
Telephone, email, live chat support
User Permissions
Unlimited Users
Budgeting
Items
Create Invoices with Logo
Recurring Invoices
Create Quotes
Customer Statements
Create Quotes
Payment Reminders
Accept Payments on your Invoices
Customer Grouping
Unlimited Customers, Suppliers & Accounts
Bank Transactions Imports
Bank Rules
MTD VAT Submission
EU VAT/EC Sales Lists
Business & Accounting Reports
Tax Estimations
Multiple Currencies
Bulk Editing
Transaction Locking
Notes

£4.00 + VAT per month

Balance Plus

Ideal for sole traders who want more automation, smarter insights, and time-saving tools to help their business grow with less admin.

Get Started with Plus

Projects
Bank Feeds
Receipt Uploads
Stock Control
PayPal Feeds
Multi Company Management
Telephone, email, live chat support
User Permissions
Unlimited Users
Budgeting
Items
Create Invoices with Logo
Recurring Invoices
Create Quotes
Customer Statements
Create Quotes
Payment Reminders
Accept Payments on your Invoices
Customer Grouping
Unlimited Customers, Suppliers & Accounts
Bank Transactions Imports
Bank Rules
MTD VAT Submission
EU VAT/EC Sales Lists
Business & Accounting Reports
Tax Estimations
Multiple Currencies
Bulk Editing
Transaction Locking
Notes

£5.00 + VAT per month

Balance Premium

All-in-one accounting and business management for sole traders – combining powerful tools, support, and everything you need to run and grow your business.

Get Started with Premium

Projects
Bank Feeds
Receipt Uploads
Stock Control
PayPal Feeds
Multi-Company Management
Support: Telephone, Email, Live Chat
User Permissions
Unlimited Users
Budgeting
Items
Create Invoices with Logo
Recurring Invoices
Create Quotes
Customer Statements
Create Quotes
Payment Reminders
Payment Acceptance on Invoices
Customer Grouping
Unlimited Customers, Suppliers & Accounts
Bank Transactions Imports
Bank Rules
MTD VAT Submission
EU VAT/EC Sales Lists
Business & Accounting Reports
Tax Estimations
Multiple Currencies
Bulk Editing
Transaction Locking
Notes

Optional Add-Ons available on all packages:

Payroll: £4 per month + VAT for up to 5 employees plus 80p per month +VAT for each additional employee
CIS: £4 per month + VAT for up to 5 Subcontractors plus 80p per month +VAT for each additional Subcontractor
CRM: £1 per month + VAT

Smart, Affordable Accounting Software for Sole Traders

Balance was built specifically for self-employed professionals and sole traders – giving you the tools to grow your business without the heavy price tag of traditional software or accountant fees.

We’ve packed in the features that matter most, so you can stay in control of your finances, save time on admin, and focus on what you do best.

Maintain full visibility of your finances - the balance app online accounting software
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Stay in Control of Your Business Finances

Automatically import and categorise your bank transactions with Balance, giving you a clear, real-time view of your income and expenses,  so you always know where your business stands.

Get paid quicker without lifting a finger - the balance app online accounting software
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Get Paid Faster Without the Hassle

Send professional invoices with built-in payment links, and let Balance chase late payments for you with automated reminders, so you can focus on the work, not the admin.

Create Your Free Account Keep your business moving when you do - online accounting software - the balance app
Create Your Free Account

Manage Your Business On the Go

Whether you’re invoicing clients, logging expenses, or tracking mileage, the Balance app lets you stay productive from anywhere – perfect for busy sole traders on the move.

View All Accounting Software Features

Our accounting software is currently used by over 5,000 small businesses in the UK

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Smart Bookkeeping Made Simple for Sole Traders

Balance is cloud-based accounting software designed for self-employed professionals who want to stay on top of their finances without the stress.

It’s easy to use but packed with powerful features – automating your most time-consuming tasks like importing bank transactions, sending payment reminders, and managing recurring invoices. So you spend less time on bookkeeping, and more time doing what you love.

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Asset Management

Track, manage, and depreciate your business assets with ease. Balance helps you stay on top of asset values and reporting.

 

Banking

Connect your bank accounts for real-time transaction syncing. Automatically import, categorise, and reconcile your finances in just a few clicks.

 

Contacts

Keep all your customer and supplier details organised. Balance helps you manage relationships, track activity, and speed up communication.

 

CRM

Built-in CRM tools let you manage leads, sales activity, and client interactions — all within the same platform as your accounts.

 

Document Management

Store and organise receipts, invoices, and financial documents securely in the cloud. Access what you need, when you need it.

 

Expenses

Easily record, categorise, and track business expenses. Stay in control of spending and maximise your allowable deductions at tax time.

 

Inventory

Monitor stock levels, manage product details, and keep inventory in sync with your accounts — ideal for ecommerce and retail businesses.

 

Invoicing

Create professional invoices in seconds. Automate recurring billing, add payment links, and get paid faster with built-in reminders.

 

Mileage Tracker

Log business travel automatically or manually. Claim allowable mileage expenses and keep detailed records for HMRC.

 

AI

Leverage smart automation to categorise transactions, flag anomalies, and save time on bookkeeping with AI-enhanced features.

 

Payments

Accept payments online via trusted integrations. Track payment status, reduce delays, and improve cash flow management.

 

Payroll

Run payroll for directors or employees, stay HMRC-compliant, and access integrated HR support – all in one place.

Purchases

Manage supplier invoices and purchase orders with ease. Keep costs in check and streamline your accounts payable.

 

Quotes

Generate clear, professional quotes for clients. Convert them into invoices with one click when the job is approved.

 

Reporting

Gain insight into your financial performance with real-time reports. Track profit, cash flow, and key business metrics.

 

Receipts

Upload, scan, and store receipts digitally. Automatically match them to expenses for cleaner, audit-ready records.

 

Support

Get unlimited help when you need it. Our friendly team is here to guide you through setup, features, and day-to-day use.

 

Time Tracking

Track billable hours and manage project time with ease. Perfect for consultants, freelancers, and service-based businesses.

 

VAT Software

Stay compliant with Making Tax Digital. Balance makes it easy to track, calculate, and submit VAT returns to HMRC.

 

Free Accounting Software

Powerful accounting tools at no cost. Balance gives small businesses everything they need – without expensive subscriptions.

Bring business Balance with stress-free online accounting software

Instantly see your income, expenses, and cash flow.
Save time by automatically generating and sending professional invoices.
Whether you’re at home, on-site, or on the go.
Stay ahead of deadlines with built-in tax estimates.

Create Your Free Account
everything you need from cloud accounting software - the balance app

Smart Accounting Integrations to Power Your Sole Trader Business

Balance integrates with a variety of powerful apps to streamline operations, automate workflows, and simplify financial management. From collecting payments to managing invoices and submitting data, these integrations help businesses improve efficiency and reduce manual tasks.

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the balance app - go cardless integration
the balance app - go stripe integration
the balance app - barclays integration
the balance app - nest integration

Sole Trader Accounting Software that fits the needs of your business

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Switch to Balance today for expert online accounting software - the balance app

Switch to Balance Today for Expert Accounting Software Designed to Simplify Your Business Finances

Switching to The Balance App is easy! Our powerful online accounting software is designed to simplify your finances, streamline bookkeeping, and give you real-time insights into your business.

Whether you’re moving from another system or starting fresh, our expert team is here to help make the transition seamless. Take control of your accounting today with The Balance App!

Create Your Free Account
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Free Accounts Consultation

Accounting Packages from £10 +VAT per month.

Your Own Dedicated Accountant

Tailored Services

Unlimited Expert Advice

Regular Deadline Reminders

Online Company Formation

Free company formation with our Pre-Built or Bespoke Accounting packages!

All Official Documents

Manage Your Company Online

London Registered Office Address

Your own limited company

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Interested in The Balance App?

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The Balance App

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The Balance App is part of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.

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