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Accounting & invoicing for Freelancers
Last updated Oct 9, 2026
These lists use the scores we gave for Freelancers, not the all-buyers scores. Wave is #2 here, #3 for all buyers; FreshBooks is #3 here, #10 for all buyers.
Accounting software
Our top picks
- Top scoreLowest price
#1 ZipBooks
Freelancers who bill tracked time by project on a $15 plan, with a free plan for invoicing
8.7/10Very goodOur scoreVisit ZipBooksOn zipbooks.com - Lowest price
#2 Wave
Sole traders who want free invoicing and reports with nothing to pay
8.2/10Very goodOur scoreVisit WaveOn waveapps.com #3 FreshBooks
Freelancers who bill by time and by project and track mileage
8.1/10Very goodOur scoreVisit FreshBooksOn freshbooks.com
- Top scoreLowest priceRank 1
ZipBooks
Freelancers who bill tracked time by project on a $15 plan, with a free plan for invoicing
- No introductory discount: the price shown is the regular price.
- Leaving: Cancel the paid plan any time under Account > Subscription ('Cancel Accounting Plan'); the account reverts to the free Starter plan with all records kept. No cancellation fee is stated. Deleting the account is by email request and not reversible..
- A free plan.
8.7/10Very goodOur score - Lowest priceRank 2
Wave
Sole traders who want free invoicing and reports with nothing to pay
- Entry plan (Starter) $0.00 a month at the regular price.
- No introductory discount: the price shown is the regular price.
- Leaving: Starter is free with nothing to cancel. Pro: cancel any time, effective at the end of the paid period, then the business returns to the free Starter plan; account data can be downloaded (Business settings > Data Export)..
8.2/10Very goodOur score - Rank 3
FreshBooks
Freelancers who bill by time and by project and track mileage
- Includes 5 of 5: time tracking, project billing, estimates, mileage tracking, online invoice payments.
- Leaving: Cancel any time; the account stays active and accessible until the end of the billing cycle, then the data is kept and the account can be reactivated. No cancellation fee is mentioned. Same article: accounts inactive 30 days or more may be deactivated and deleted (email notice first)..
- One user is enough for a freelancer.
8.1/10Very goodOur score - Lowest priceRank 4
Zoho Books
Small businesses that want three users and receipt scanning on a $15 plan
- No introductory discount: the price shown is the regular price.
- Leaving: No contract ('pay-as-you-go ... you may cancel your subscription'); after cancelling the data stays in read-only mode and can be exported before cancelling; accounts inactive more than 120 days are permanently deleted. No cancellation fee is mentioned..
- A free plan.
8.1/10Very goodOur score Service firms that want proposals, time tracking and invoicing in one tool, priced per user
- No introductory discount: the price shown is the regular price.
- One user is enough for a freelancer.
- Includes 4 of 5: time tracking, project billing, estimates, online invoice payments.
7.6/10GoodOur score- Lowest price
Businesses that want all five basics we check, receipt capture included, on the entry plan
- Leaving: Cancel any time (pricing FAQ: 'you're free to switch QuickBooks Online plans or cancel at any time'; 'No annual contract / Cancel anytime'); after cancelling a paid subscription you keep read-only access for one year and can export to Excel or QuickBooks Desktop for up to a year. No cancellation fee is mentioned..
- A free plan.
- One user is enough for a freelancer.
6.4/10FairOur score - Rank 7
Kashoo
Businesses that want unlimited users and income and costs tracked by project on one plan
- No introductory discount: the price shown is the regular price.
- One user is enough for a freelancer.
6.1/10FairOur score - Rank 8
Akaunting
One-person businesses that want open-source books at $8 a month billed yearly, adding paid apps as needed
- No introductory discount: the price shown is the regular price.
- One user is enough for a freelancer.
- Entry plan (Standard Cloud) $8.00 a month at the regular price.
5.8/10PoorOur score - Rank 9
Patriot Software
Businesses that want unlimited users and bank feeds on a $20 plan
- Leaving: Cancel any time in the account; billed monthly in arrears for the days active, no cancellation fee stated; after termination data is read-only and reports can still be viewed and downloaded..
- One user is enough for a freelancer.
5.7/10PoorOur score - Rank 10
Xero
Businesses that send a few invoices a month and want unlimited users
- One user is enough for a freelancer.
5.6/10PoorOur score
