UK self-employed tax · alternative
LedgerLog vs Coconut
Coconut is a solid tool for UK self-employed income and tax estimates. LedgerLog complements that strength with its core: automatically reconciling your invoices and receipts to your bank statement, in any currency, with you approving each match.
LedgerLog
Coconut
Reconciliation (match receipts ↔ bank)
Core — automatic, on mobile
Transaction categorisation
Built for
Freelancers & small businesses
UK sole traders
Works on mobile
Mobile-first
Mobile-first
Bank connection
Upload statements — no bank login needed
Open banking (UK)
You approve each match
Yes — you review every match
Categorise transactions
Accountant handoff
One-tap monthly accountant pack
Tax summaries
Pricing
Start free; scales with usage
Subscription
Free to start
Yes
Trial
Comparison reflects publicly available information as of June 2026 and our own product. Competitor features change — check Coconut for their latest.
What Coconut is good at
UK tax estimates, Self Assessment prep and income/expense tracking.
Where LedgerLog wins
Automatic reconciliation, multi-currency, and accountant-ready packs.
Switching from Coconut
- 1Export your transaction history from Coconut.
- 2Join LedgerLog early access for founding documents + statements.
- 3Upload statements; reconcile and export accountant packs.