1. Wave
Best For: Freelancers and small businesses needing invoicing and basic accounting.
Features:
Create and send unlimited invoices free.
Track payments and overdue invoices.
Customize invoices with branding.
Includes basic accounting and receipt scanning.
Pros:
No limits on invoices or customers.
Integrated with Wave's free accounting tools.
Easy-to-use interface.
Cons:
Payment processing fees for online payments (2.9% + $0.30 per transaction).
Platform: Web, iOS, Android.
2. Zoho Invoice
Best For: Freelancers looking for a feature-rich invoicing tool.
Features:
Create and customize invoices.
Support for multiple currencies and languages.
Track time and billable hours for projects.
Payment reminders and recurring invoices.
Pros:
Free for freelancers and small businesses.
Time tracking and expense management.
Supports Zoho apps integrations.
Cons:
Limited to freelancers and very small businesses.
Platform: Web, iOS, Android.
3. PayPal Invoicing
Best For: Freelancers already using PayPal for payments.
Features:
Create and send professional invoices free of charge.
Accept multiple payment methods (PayPal, credit cards).
Automated reminders for unpaid invoices.
Pros:
No setup fees or monthly charges.
Familiar payment gateway for clients.
Cons
High transaction charges (2.9% + $0.30 per transaction).
Less flexible in terms of customization.
Web, iOS, Android. Platform
4. Invoice Ninja
Best For
Freelancers with multiple clients and projects
Features
Create up to 20 invoices a month free of charge.
Quote creation and quotation conversion into an invoice.
Track time and manage expenses.
Integration with more than 40 payment gateways
Pros
There is an open-source version which can be self-hosted
It has project management tools.
It supports more than one currency and language
Cons
Free plan limited to 20 invoices per month.
Web, iOS, Android.
5. Bonsai
Best For: Freelancers who want all-in-one service (with only limited free features).
Features:
Simple invoicing and tracking payments.
Create and manage contracts.
Track projects and tasks.
Pros:
It's designed especially for freelancers.
Streamlines the process of making invoices using the proposals and contracts.
Cons:
Only has a few free features; advance tools require a paid plan.
Web, iOS, Android.
6. Square Invoices
Best For: Freelancers needing a simple tool to collect payments easily.
Features:
Create and send unlimited invoices free of charge.
Setup recurring invoices.
Accept credit card, ACH, or Square payments.
Pros:
No subscription fees for basic invoicing.
Real-time payment tracking.
Includes a point-of-sale (POS) system for freelancers selling products.
Cons:
Payment processing fees (2.6% + $0.10 per transaction).
Platform: Web, iOS, Android.
7. FreeAgent (Free Plan via NatWest/RBS)
Best For: UK-based freelancers.
Features:
Create invoices with tax calculation (e.g., VAT).
Track expenses and integrate with banking.
Generate tax reports and reminders.
Pros:
Excellent for UK freelancers managing taxes.
Free if you bank with NatWest or RBS.
Cons:
Limited availability outside the UK.
Platform: Web, iOS, Android.
8. And.co
Best For: Freelancers looking for simplicity and integration with task management.
Features:
Generate and send unlimited invoices.
Integrates contracts, proposals, and expense tracking.
Accept payments via Stripe, PayPal, and other platforms.
Pros:
Clean, intuitive interface.
Automated invoicing and tracking.
Cons:
Limited advanced features on the free plan.
Platform: Web, iOS, Android.
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