Last updated: January 8, 2023

Overview: Best Applications for Creating Invoice in 2023

Zoho Invoice

Product:Zoho Invoice
Website:Free invoicing | Best invoice software for small businesses | Zoho Invoice
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Zoho has recently become a free software, it is packed with many useful features such as invoice customization, provides estimates and proposals, class and location tracking etc. The software also has a mobile version, on Android and iOS, it is integrated with a range of other payment apps. But it does not support Multi Currency. It does require some developer skill to work with but only for certain functions. Because of its multiple features it can seem a bit overwhelming at first.

AdvantagesDisadvantages
No limits on the number of ClientsCan’t edit invoice template on Mobile
Customizable templatesNeed developers skill for some function
Schedule InvoicesCan be complicated due to many features

ZipBooks

ProductZipBooks
Website:Free Accounting Software & Online Invoicing | ZipBooks
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This is a relatively good app for creating invoices as the free version gives features like sending out unlimited invoices and managing unlimited customers. Downside of the free plan is that it connects only one bank account, only viewing basic reports and typing details of the invoice every time. It also does not support Multi Currency and Class and Location tracking. They only have rolled out the mobile version for iOS. All in all, it is suitable if you want to generate invoices occasionally.

AdvantagesDisadvantages
Track time and projectsMobile app only for iOS
Easy-to-useTyping invoice detail every time in free plan
Unlimited invoices Inventory Management feature not available

Wave

ProductWave
Website: Best Free Invoice Software for Small Businesses – Wave Financial (waveapps.com)
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This software is primarily for Bookkeeping but it also offers invoicing. It does not have all the features but surely has some basic ones. It is easy to start, free to use(the invoicing) and offers additional services like accounting. The software can’t track income and expense by class and location, when there is a time difference bank statements reconciling has some issues. The does have a mobile version for both Android and iOS: Overall, the software is not for businesses with medium to high inventory.

AdvantagesDisadvantages
Easy-to-set-upNot suitable for every business
Unlimited usersWhen there exist a time difference, there is an issue with some features
Free invoicing, accounting and scanning servicesDoes not track information by class or location

Invoice Generator

ProductInvoice Generator
Website:Free Invoice Generator by Invoiced (invoice-generator.com)
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In the free version the software pretty much works on the Web itself. It does not require you to sign-in. As it is a Web-based app it is limited in features like limited customization, cannot save invoices, cannot track by classes or location and it does not have a mobile version, but can be accessed through any device via browser. But in invoice you can add things like tax, discount, shipping, payment links etc. The paid version gives you a bit more flexibility starting from 500 USD a month

AdvantagesDisadvantages
Can be operated from any deviceLimited customization of invoices
Can add links from other appsCan’t save invoices
No sign-in or account requiredDoes not track outstanding receivables

Square

ProductSquare
Website:Free Invoice Software – Online Invoices | Square Invoices (squareup.com)
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Square app gives users many functionality that invoicing software should. For starters, there is no limit on number of estimates or images, automated reminders, repeating future-dated invoices, capabilities sales and a good-functioning mobile application. But in the free version you have to pay a processing rate which is about 2.6% and a transaction fee on every payment received. If the business is of reasonable size and mostly accepts the payment with POS then the app can prove to be useful.

AdvantagesDisadvantages
Payment remindersLimit invoice customization
Ecommerce capabilities for salesLimited reporting
Good mobile app

PayPal

ProductPayPal
Website:Invoicing (paypal.com)
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This software is very capable of fulfilling many invoicing needs. It has a range of customizing features and capabilities, lets you send unlimited invoices, tracks repeating payments and invoice status with Multi Currency support. It is well integrated with other services as well. The instant access to money feature charges 1% of fee and normally a free bank transfer can take time. And with that customer accounts can be freezed and suspended any time.

AdvantagesDisadvantages
Integration with many software and platforms1% fee is charged for instant transfer
Can batch invoiceAre prone to account suspension
Ability to enable recurring payments

Invoice Ninja

ProductInvoice Ninja
Website:Free Invoicing Software for Small Businesses | Invoice Ninja
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The app is an open-source software with many functions. It supports multiple languages and currencies, an automated payment system, accepts bitcoins as well, a functional mobile app and additional tools. The free version allows upto 100 hundred clients per user. It also has project management tools that makes it usable on a large scale. In the free version invoices have a watermark embedded in them but can be removed by switching to a paid version, and the subscriptions are relatively cheap.

AdvantagesDisadvantages
Free and open-sourcedComes with Invoice Ninja’s watermark in free version
Can set-up automatic paymentsLimited reports
Offers Project management tools

Chargebee

Product:Chargebee
Website:Subscription Management & Recurring Billing Software | Chargebee
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Chargebee software is a suitable product for Saas and e-commerce business.  It has the ability to integrate with more than 30 major payment software.  It is also capable of showing the analytics and you can send emails to your subscribers. While email automation can be improved further, its simple interface is very intuitive. It is a tool that provides more than invoicing, but it is on a pricier side and the free version is limited but can be helpful for small businesses.

AdvantagesDisadvantages
Simple interfaceIntegration with licensing tools
Customizable billing cycleEmail automation can be better
Integration with licensing tools

Invoicera

ProductInvoicera
Website:World’s Best Business Invoice Management System (invoicera.com)
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Invoicera’s free version offers estimates, data backup, reports, multicurrency and multilingual support yet, only limited to one user. It has five distinct plans Starter, Pro, Business, Infinite and Custom, each of them can be differentiated on the basis of the number of clients and users it supports. It also works on Android and iOS. On first glance it can seem complicated as it also offers project management functions. Their software is quite scalable and suitable for all business types.

AdvantagesDisadvantages
Multi-language supportMay be complicated for new users
Promotes team collaborationOnly free upto 3 clients
Automated billing and many good invoice templates

Invoice Simple

ProductInvoice Simple
Website:Invoice online or on the go | Invoice Simple
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This cloud-based software which is available on Windows, Android, iOS etc is suitable from startups.to enterprise. The features include accounting, taxation management, mobile payment, supplier and order management. It supports multiple languages as well. The customization is limited and no option for customer feedback. The free plan is limited to only 3 users and upto the Business plan it is affordable but after that it goes to 149 USD per month. It also includes a 15 Day free trial for the Business plan.

AdvantagesDisadvantages
Works on mobileNo customer feedback option
Time tracking for employeesLimited customization

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