Best Accounting Software for Freelancers
Our curated selection of the top 10 tools. Compare features, pricing, and find the perfect fit for your needs.
TL;DR
- 1Zoho Invoice(8.0/10) — Pick Zoho Invoice when you're a freelancer or small business seeking a free invoicing solution with time tracking capabilities.. Easy to use and affordable.
- 2Wave(7.6/10) — You're a freelancer or small business looking for completely free accounting software with basic features.. Easy to use and affordable.
- 3Mercury(8.0/10) — You're a startup looking for a free banking platform with FDIC-insured accounts and modern tools.. Easy to use and affordable.
Why Zoho Invoice is #1 for accounting software for freelancers
Our Picks
Zoho Invoice
Free invoicing software for freelancers and small businesses with time tracking and expense management.
Wave
Wave offers free accounting software for small businesses and freelancers.
Mercury
Modern banking platform built for startups with FDIC-insured accounts and powerful financial tools.
Quick Comparison
| Tool | Price | Rating | Score | Best For |
|---|---|---|---|---|
| Zoho Invoice | Free | 4.4 | 8.0 | freelancers and small businesses needing free invoicing. |
| Wave | Free — Additional services available for a fee | 3.6 | 7.6 | freelancers and small businesses needing free accounting. |
| Mercury | Free | 4.6 | 8.0 | startups and tech companies needing modern banking. |
| FreshBooks | From $15/user/mo | 4.2 | 7.6 | freelancers and small business owners needing simple account |
| Xero | From $13/mo | 4.1 | 8.0 | small businesses wanting accessible cloud-based accounting. |
Detailed Rankings
Free invoicing software for freelancers and small businesses with time tracking and expense management.
Skip if: you need not a full accounting solution, invoicing only
Wave offers free accounting software for small businesses and freelancers.
Skip if: you need limited integrations compared to competitors like quickbooks
Modern banking platform built for startups with FDIC-insured accounts and powerful financial tools.
Skip if: you need not a traditional bank, relies on partner banks
Xero is a cloud-based accounting software tailored for small to medium-sized businesses.
Divvy simplifies expense management and budgeting for businesses.
Zoho Books is an online accounting software for small businesses.
Simplify your business payments and manage invoices seamlessly with Melio.
Streamline your business finances with Wise Business, the smart way to manage international payments.
How to Choose
When choosing the right tool for “best accounting software for freelancers”, consider: your team size and budget, must-have features vs nice-to-haves, integration with your existing tools, and long-term pricing scalability. Start with free trials when available — most tools on this list offer them.
Former SaaS product manager turned analyst. Personally tested 200+ tools and built the scoring methodology behind SaasHunter rankings.
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Frequently Asked Questions
What is the best accounting software for freelancers?
Based on user ratings and features, Zoho Invoice is the top pick for best accounting software for freelancers. Other strong options include Wave, Mercury, FreshBooks.
Are there free options for accounting & finance?
Yes, Zoho Invoice, Wave, Mercury offer free plans in the Accounting & Finance category.
How did we rank these tools?
Tools are ranked based on keyword relevance to the use case, user ratings from the SaasHunter community, and feature coverage. Featured tools with strong ratings rank higher.
How often is this list updated?
This list is updated automatically as new tools are added and user ratings change. Pricing and feature information is refreshed regularly.
Problems These Tools Solve
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