- 250+ small-business products reviewed and rated by our team of experts.
- 95+ years of combined experience covering small business and personal finance.
- 75+ categories of best business software selections.
- Objective and comprehensive business accounting software ratings rubric. (Learn more about our star ratings.)
Our Nerdy picks for
Best Invoicing and Billing Software for Small Businesses
Product | Promotion | Learn more | ||
---|---|---|---|---|
FreshBooks Learn more on FreshBooks' secure website | 4.5/5 Best for All-in-one invoicing and accounting software | $19/month Additional pricing tiers (per month): $33, $60, custom. | 30-day free trial or monthly discount (terms vary). | Learn more on FreshBooks' secure website |
QuickBooks Online Learn more on QuickBooks Online's secure website | 5.0/5 Best for All-in-one invoicing and accounting software | $30/month Additional pricing tiers (per month): $60, $90, $200. | 50% off for first three months or free 30-day trial. | Learn more on QuickBooks Online's secure website |
Xero Learn more on Xero's secure website | 5.0/5 Best for All-in-one invoicing and accounting software | $15/month Additional pricing tiers (per month): $42, $78. | 30-day free trial or monthly discount (terms vary). | Learn more on Xero's secure website |
Square Invoices Learn more on Square Invoices' secure website | 5.0/5 Best for Sending digital contracts | $0 Additional pricing tiers (per month): $20. | 30-day free trial of the Plus plan. | Learn more on Square Invoices' secure website |
Zoho Invoice Learn more on Zoho Invoice's secure website | 4.5/5 Best for Free invoicing software | $0 Free. | N/A | Learn more on Zoho Invoice's secure website |
Wave Invoicing | 4.5/5 Best for Free invoicing software | $0 Additional pricing tiers (per month): $16. | N/A | |
Invoice Ninja | 4.0/5 Best for Payment flexibility | $0 Additional pricing tiers (per month): $12, $16. | N/A | |
Hiveage | 4.5/5 Best for Simple billing software | $0 Additional pricing tiers (per month): $19, $29, $49. | 14-day free trial of the Pro plan. | |
Harvest | 5.0/5 Best for Project invoicing | $0 Additional pricing tiers (per month): $12 per user. | 30-day free trial of the Harvest Pro plan. | |
Hopscotch | 3.5/5 Best for Cashing unpaid invoices | $0 Additional pricing tiers (per month): $45. | 45-day free trial of the Pro plan. | |
Invoice Home | 4.0/5 Best for Free online invoice templates | $0 Additional pricing tiers (per month): $9. | N/A |
Our picks for
All-in-one invoicing and accounting software
These selections are some of NerdWallet’s top-rated accounting software solutions that also include strong invoicing tools. They’re an excellent choice for businesses that want to streamline bookkeeping tasks and the invoicing process from one place.
FreshBooks
on FreshBooks' secure website
Additional pricing tiers (per month): $33, $60, custom.
or monthly discount (terms vary).
Pros
- Stay in touch with clients through the FreshBooks mobile app and get notified when invoices have been viewed or become overdue.
- Intuitive, customizable invoicing capabilities compete with those of more robust accounting solutions.
- Track time and add billable hours to invoices in all plans.
- Weekday phone support in all plans.
Cons
- Lacks features that quickly growing companies need, like audit trails for accountants to review.
- Highest-tier Select plan only comes with two users (additional users add $11 per month) and lower-tier plans put limits on billable clients.
- Least expensive plan lacks double-entry accounting reports, bank reconciliation and accountant access.
QuickBooks Online
on QuickBooks Online's secure website
Additional pricing tiers (per month): $60, $90, $200.
for first three months or free 30-day trial.
Pros
- Easy to share information with your accountant and to find QuickBooks experts and online resources if needed.
- More than 750 app integrations, including live, in-house bookkeeping.
- Robust feature set includes thorough record-keeping, comprehensive reporting, excellent invoicing and inventory management, plus a capable mobile app.
- Daily phone support and 24/7 chat support in all plans.
Cons
- Expensive compared with the competition.
- Limited account users with each plan.
Xero
on Xero's secure website
Additional pricing tiers (per month): $42, $78.
or monthly discount (terms vary).
Pros
- Unlimited users in all pricing plans.
- Integrates with more than 1,000 third-party apps.
- Feature set includes an excellent mobile app and suite of reports, capable invoicing features, plus automated bill and receipt capture through Hubdoc.
- Simple layout and easy to use.
Cons
- No phone number for customer support listed.
- Entry-level plan limits bills and invoices to five and 20 per month, respectively.
Our pick for
Sending digital contracts
Square stands out among many of its invoicing competitors with its built-in contracts feature. In addition to creating and sending estimates, which you can auto-convert to invoices, Square Invoices allows you to create custom contracts, send the contracts to clients as part of your estimate and invoice workflow, and collect digital signatures.
Square Invoices
on Square Invoices' secure website
Additional pricing tiers (per month): $20.
of the Plus plan.
Pros
- Unlimited invoicing, estimates, contracts, users and clients in all plans.
- Integrates with Square’s all-in-one payment platform.
- Streamlined and intuitive.
- Ability to process in-person and online card payments as well as cash, checks, ACH transfers, Apple Pay and Google Pay.
- Send recurring invoices.
- Automatic payment reminders.
- Gives clients the option to include a tip.
Cons
- Must use Square’s in-house payment processing to accept online payments.
- Free plan does not enable custom invoicing fields and the ability to auto-convert estimates into invoices.
Our picks for
Free invoicing software
Free software doesn’t have to be light on features and functionality. Zoho Invoice and Wave Invoicing both deliver quality invoicing software with the option to send hundreds of invoices a year at no cost. Both companies offer accounting software, as well, so they can grow with your business if you find you’re outgrowing simple invoicing software and want the benefits of integrating your billing and accounting.
Zoho Invoice
on Zoho Invoice's secure website
Free.
Pros
- Send up to 500 invoices per year for free.
- Portal lets clients pay invoices and view their transaction history.
- Payment gateway integrations include Stripe, PayPal, Square and more.
- Photograph receipts and attach them to expense reports.
- Free invoice app for iOS lets you add a timer widget to your home screen, send invoices via iMessage and add new contacts by taking photos of their business cards.
Cons
- Limited third-party integrations outside of other Zoho products and QuickBooks Online.
Wave Invoicing
Additional pricing tiers (per month): $16.
Pros
- No billable client or invoice limits.
- Integrates with Wave Accounting.
- Recurring invoices and automatic billing for repeat clients.
- Automatic online payment reminders.
- Converts estimates into invoices.
Cons
- Limited features may not be suited for fast-growing businesses.
- Must use Wave’s in-house payment processing to accept online payments.
Our pick for
Payment flexibility
Invoice Ninja integrates with more than a dozen payment gateways. Some are strong on accepting foreign currencies, some let customers use a variety of payment methods and some have highly competitive processing fees. Invoice Ninja gives you the freedom and variety to choose the right option for your business and your customers.
Invoice Ninja
Additional pricing tiers (per month): $12, $16.
Pros
- Free plan supports unlimited invoices for up to 20 clients.
- Automatically transfer credit card processing fees to customers and allow them to tip on invoices or pay incrementally over time.
- Integrates with more than a dozen payment gateways including Stripe, PayPal, Square and Apple Pay.
- Built-in inventory tool tracks items as they’re invoiced.
- Portal lets clients view their invoices and payment history.
Cons
- No direct integrations with bookkeeping or accounting software.
- Enterprise plan pricing increases as you add more users.
Our pick for
Simple billing software
If you’re feeling overwhelmed by all of the features other software programs offer and all you need to do is send professional invoices and receive payments, Hiveage stands out for its simplicity.
Hiveage
Additional pricing tiers (per month): $19, $29, $49.
of the Pro plan.
Pros
- Free plan supports unlimited invoicing for up to five clients.
- Integrates with a dozen payment gateways including Stripe, PayPal, Square and more.
- Assign different billable rates to each type of task.
- Direct clients to your own custom domain with the Plus plan.
Cons
- No built-in, direct integrations with bookkeeping or accounting software.
- All plans have client limits (highest-tier Plus plan caps at 1,000).
Our pick for
Project invoicing
Harvest’s invoicing and time tracking software is particularly strong on features for project tracking and management. The software contains an easy start-stop timer for tracking time spent by client, task and project.
Harvest
Additional pricing tiers (per month): $12 per user.
of the Harvest Pro plan.
Pros
- Offers a free plan (limited to two projects).
- Advanced time tracking features, including integrations with Google Calendar, Slack, Asana, Trello and other project management tools.
- Display billable hours by task, person or project on invoices.
- Snap and upload photos of billable expense receipts with the mobile app.
- Integrates with QuickBooks Online and Xero for accounting.
Cons
- Invoice customization options are limited. Free users can’t add company logos to invoices, and Harvest offers only two templates (one PDF and one GDoc).
- Payment integrations are limited to Stripe and PayPal.
Our pick for
Cashing unpaid invoices
Hopscotch’s Flow feature is comparable to invoicing financing, in that it lets you access invoice funds before your client pays them. Since this service comes with a fee, it’s not something you’ll want to use for every invoice. However, if you trust that your customers will promptly pay their outstanding invoices, it can be a helpful short-term solution to cash flow issues.
Hopscotch
Additional pricing tiers (per month): $45.
of the Pro plan.
Pros
- Offers a free plan.
- Flow feature allows you to access funds from unpaid invoices (comes with a service fee).
- Pro plan subscribers can integrate with QuickBooks.
- Offers option to pass credit card processing fees to client.
Cons
- Invoice customization options are limited, with just two main templates available.
- Business software integrations are limited; third-party payment integrations are not available.
- No time-tracking features.
Our pick for
Free online invoice templates
Many invoicing products offer at least a few invoice templates, often that allow you to customize with your business logo and other details. Invoice Home, however, offers one of the largest libraries of free invoice templates. They’re customizable and enable you to collect online payment from your customers.
Invoice Home
Additional pricing tiers (per month): $9.
Pros
- Large library of customizable invoice templates.
- Invoice up to $1,000 a month for free.
- Payment gateway integrations include PayPal, Authorize.net and Stripe.
- No contract and no cancellation penalty.
Cons
- Lacks additional features such as time and expense tracking.
- No direct integrations with accounting software.
Got feedback on these products?
Tell our Nerds what you think about the offerings here to help us refine our product evaluations.
FreshBooks
- $19 per month for the Lite plan.
- $33 per month for the Plus plan.
- $60 per month for the Premium plan.
- Custom pricing for the Select plan.
QuickBooks
- $30 per month for the Simple Start plan.
- $60 per month for the Essentials plan.
- $90 per month for the Plus plan.
- $200 per month for the Advanced plan.
Xero
- $15 per month for the Early plan.
- $42 per month for the Growing plan.
- $78 per month for the Established plan.
Square Invoices
- $0 per month for the Free plan.
- $20 per month for the Plus plan.
Zoho Invoice
Wave Invoicing
- $0 for the Starter plan.
- $16 per month for the Pro plan.
Invoice Ninja
- $0 per month for the Free plan.
- $12 per month for the Ninja Pro plan (or $120 billed annually).
- $16 per month for the Enterprise plan for up to 2 users (or $160 billed annually); price increases with more users.
Hiveage
- $0 per month for the Free plan.
- $19 per month for the Basic plan (or $16 per month billed annually).
- $29 per month for the Pro plan (or $25 per month billed annually).
- $49 per month for the Plus plan (or $42 per month billed annually).
Harvest
- $0 per month, 1 user, for the Free plan.
- $12 per user per month for the Pro plan (or $10.80 per user per month billed annually).
Hopscotch
- $0 per month for Hopscotch plan.
- $45 per month for Hopscotch Pro plan (or $36 per month billed annually).
Invoice Home
- $0 per month for the Free plan.
- $9 per month for the Unlimited Invoicing plan.
Scalability
Ease of use
Software integrations
Cost
- Immediate customer receipt. Customers receive online invoices instantly, cutting out the delivery time of nondigital methods.
- Faster payments. Adding a link in an invoice to pay it online is not only convenient for customers but also good for your business’s cash flow. And if you’ve connected your bank account to the invoicing software, the funds should get directly transferred.
- Streamlined accounting records. Invoicing software options usually integrate with accounting programs and consolidate record-keeping in one location. For example, lots of accounting software products let you view unpaid invoices right from your dashboard.
- Saved time. You’ll spend less time tracking which invoices are paid, prepping new ones by hand and mailing them to customers.
- Processing fees. Offering your customers the option to pay online is convenient, but it often comes with a payment processing fee, unlike receiving payment by check.
- Spam filters can hide invoices. Sending invoices by email means a customer’s inbox could tag them as spam, so you might still have to call a few customers who are unaware they have an invoice waiting.
- Email can be hacked. Privacy might be compromised if a customer’s email is hacked, which is much less likely if an invoice is mailed.