10 Best Software for Small Business Invoicing (Price & Features)

Last updated on by Editorial Staff
Software for Small Business Invoicing

Keeping track of your finances while running a small business can be tough. You have to juggle invoices, payments, and taxes on top of everything else.

Even if you use accounting software, staying on top of everything can be hard without dedicating weekly hours to bookkeeping.

We’ve done the research for you. Here are the 10 best software for small business invoicing. These programs will make creating and sending invoices a breeze, and they all offer great features and pricing options. Check them out now!

What is invoicing software for small businesses?

Invoicing software is an electronic tool that helps businesses create, send and manage invoices. It typically offers features like invoice templates, tracking of payments and due dates, and invoice history.

Invoicing software for small businesses helps manage and create invoices for customers. In addition, it can help track payments and keep track of customer information.

How does invoicing software help your small business?

Invoicing software can help your small business in a few ways. First, it can help you track what you owe and what people owe you. That helps you stay organized and ensure you’re not missing any bills or payments.

Additionally, invoicing software can help you create professional-looking invoices. That makes it easier for people to pay you and help you build a good reputation as a business.

10 best software for small business invoicing

1. Freshbooks

FreshBooks is popular web-based accounting software for accountants. It offers many automated works, including invoicing. The software is beneficial and affordable for small businesses. It keeps track of the finance process and provides real-time reports.

Webpage of Freshbooks

Features

  • Invoice generator to create professional-looking invoices
  • Invoice customization
  • Online payment option (Credit card or ACH)
  • Request a deposit option
  • Automatic calculation of taxes
  • Invoice preview
  • Invoice from anywhere with mobile apps
  • Reporting

Pricing

It offers 4 pricing plans.

  • Lite – It starts at $7.50 per month or $132 per year for five billable clients.
  • Plus – It starts at $15 per month or $264 per year for 50 billable clients.
  • Premium – It starts at $27.50 per month or $484 per year for unlimited billable clients.
  • Select – You need to get customized pricing for unlimited billable clients and specialized features.
Monthly Pricing Sheet of Freshbook
Yearly Pricing Sheet of Freshbook

Like

  • It provides a 30-day free trial.
  • It enhances the payment process.
  • The software is compatible with all devices like desktops, mobiles, Mac, and tablets.
  • The software uses industry-leading security servers and provides security to your data.
  • Tracks inventory billed on invoices automatically.

Dislike

  • Not suitable for large enterprises
  • It provides a limited number of invoice templates
  • Unavailability of multicurrency support
  • It does not offer a free plan

2. Quickbooks

QuickBooks is a cloud-based invoicing software for small businesses. It helps you create and send invoices, track expenses, and manage your finances. QuickBooks also offers a wide range of features, making it a good choice for small businesses.

Webpage of Quickbooks

Features

  • Tracking of invoice status
  • Payment reminders
  • Automatic matching of payments to invoice
  • Custom invoice creation
  • Income and expense organization into tax category
Invoice Page of Quickbooks

Pricing

It offers four pricing plans.

  • Simple starter – It starts at $15 per month
  • Essentials – It starts at $27.50 per month
  • Plus – It starts at $42.50 per month
  • Advanced – It starts at $100 per month
Price Sheet of Quickbooks

Like

  • It offers free mobile apps so that you can work anytime, anywhere.
  • It offers a 30-day free trial.
  • It helps to sort expenses into the right tax categories automatically.
  • It provides reports with valuable insights.
  • It supports third-party integration.
  • It provides real-time alerts.

Dislike

  • Sometimes you feel that splitting invoices and marking transactions are difficult
  • Customer support is not so good
  • It does not offer a free plan
  • You will get limited features in basic plans

3. Wave

Wave is web-based software; you don’t need to download or install any software. It is free invoicing software and more suitable for small businesses with all invoicing capabilities, such as tracking payments, bills, and expenses.

Webpage of Wave

Features

  • Quick creation of professional invoices
  • Customized invoice creation
  • Automated reminders
  • Recurring invoices and automatic credit card payments
  • Automatic synchronization of invoicing and payment information with its free accounting software
Invoice Page of Wave

Pricing

This invoicing software is entirely free.

Like

  • The software is entirely free for invoicing, accounting, and banking. 
  • You can use your iOS or Android mobile to operate invoicing app.
  • The software provides security to data with 256-bit SSL encryption.
  • It allows you to access all customer information in one place.
  • It allows you to track payment history.
  • You can easily accept online payments with this software.

Dislike

  • You need to pay extra charges to get instant electronic payments
  • You can’t access reports using your phone

4. Xero

Xero is intuitive online invoice software for small businesses. It provides all features for invoicing, tracking expenses, and managing finances.

You can also connect your bank account to Xero and get real-time insights into your business finances. It provides robust data security for your private data.

Webpage of Xero

Features

  • Customization of online invoices
  • Instant payments
  • Automatic reminders
  • Multiple online invoices
  • Third-party integration
Florist Page of Xero

Pricing

It offers three pricing plans.

  • Starter – It charges $22 per month
  • Standard –  It charges $35 per month
  • Premium – It charges $47 per month
Pricing Sheet of Xero

Like

  • It allows you to see the payment status of your invoice.
  • It allows you to create invoice templates that you send very often.
  • It offers a 30-day free trial.
  • It provides 24/7 customer support.

Dislike

  • Customer support is not good
  • No prominent default payment button
  • Limited integrations

5. Square

Square is user-friendly invoicing software for small businesses. It’s easy to use and provides various features to help you manage your business finances. Square also integrates with several other business tools, making it a good option for businesses that want to streamline their operations.

Webpage of Square

Features

  • Scheduling of recurring invoices
  • Scheduling of automatic Payment reminders
  • Track status in real-time
  • Invoice customization
  • Auto conversion of accepted estimates to invoices
  • Tracking of open and closed projects
  • Reports

Pricing

Overall pricing

It offers three plans.

  • Free – It charges $0 per month plus processing fees.
  • Plus – It charges $29 per month plus processing fees.
  • Premium – For details, you need to contact sales.

Pricing for invoicing

It offers two plans

  • Free – It is entirely free of charge.
  • Plus – It charges $20 per month, and a 30-day free trial is available for this plan.
Pricing of Square

Like

  • The software offers a free version to start.
  • The software allows you to send digital invoices and estimates.
  • Tracks paid and unpaid invoices.
  • It provides cash flow management, reporting, and a customer dictionary.
  • It allows to create and customize contracts with e-signature capabilities.

Dislike

  • Tracking of time and expenses are not available in the basic invoicing feature
  • Customization, and automation, are available on the paid plan
  • Multicurrency support is not there

6. Invoice2go

Invoice2go is an easy-to-use software for small business invoicing. It provides features that fulfill the requirement of freelancers, contractors along with small businesses. It also integrates with other platforms like Xero, Square, and PayPal.

Webpage of Invoice2go

Feature

  • Creation of customizable invoices
  • Sending of invoices via email, Facebook messenger, and more
  • Invoice status tracking and reminders
  • Third-party integration

Pricing

It offers 3 plans.

  • Starter – It charges $5.99 per month or $59.99 per year ( 30 invoices per year)
  • Professional – It charges $9.99 per month or $99.99 per year( 100 invoices per year)
  • Premium – It charges $39.99 per month or $399.99 per year(Unlimited invoices)
Pricing sheet of Invoice2go
Pricing of Invoice2go

Like

  • It offers a 30-day free trial.
  • Allows you to create invoices on the spot as soon as you finish the job.
  • You can create varieties of customized invoices.
  • Allows you to use almost all credit cards.

Dislike

  • Unavailability of advanced features
  • The software is a little bit expensive

7. Harvest

Harvest is software suitable for small businesses. It is known for time tracking, reporting, and invoicing features.

Webpage of Harvest

Features

  • Easy creation of invoices
  • Integration with PayPal and Strip
  • Recurring invoices
  • Project management
  • Automatic payment reminders

Pricing

It offers both free and paid versions.

  • Free – It is free of charge and for 1 seat and 2 projects.
  • Pro – It charges $12 per seat per month if paid monthly (for unlimited seats and projects) or $10.8 per seat per month if paid yearly.
Pricing of Harvest

Like

  • Provides integration with more than 50 apps
  • Offers a 30-day free trial without credit card
  • Provides real-time reporting

Dislike

  • Report options are limited
  • Not suitable for product-based businesses
  • It does not allow free plan users to customize invoices

8. Sage Accounting

Sage accounting is an automated invoicing for small businesses that help to create professional invoices and send them to the customer electronically. It serves many industries, including retail, construction, contractor, accountant, legal, and start-ups.

Webpage of Sage Accounting

Features

  • Online invoice creation
  • Conversion of quotes and estimates into an invoice
  • Android and iOS mobile apps
  • Automatic bank reconciliation

Pricing

It offers 2 plans.

  • Sage accounting start – It charges $10 per month (For self-employed and micro businesses)
  • Sage Accounting – It charges $7.50 per month (For small businesses)
Price Sheet of Sage Accounting

Like

  • It offers one month free trial with no credit card.
  • It helps you to get paid faster.
  • It reduces the time of managing invoices and payments.
  • It provides strong mobile apps, and you can create and send invoices from anywhere.
  • Tracks paid and unpaid invoices in real time.
  • It allows you to customize invoices with logos and colors.

Dislike

  • Limited payment gateways
  • It provides limited account features for a low-cost plan

9. Hiveage

Hiveage is a cloud-based invoicing and billing software that helps small businesses manage their finances. It provides various features, including invoicing, time tracking, expense tracking, and more.

Webpage of Hiveage

Features

  • Invoice Making
  • Payment gateway
  • Recurring billing
  • Time tracking
  • Mileage and expenses tracking
  • Financial reports

Pricing

It offers 4 pricing plans.

  • Free – It is entirely free of charge.
  • Basic – It starts at $16 per month (billed yearly), $19 per month(billed monthly)
  • Pro – It starts at $25 per month (billed yearly), $29 per month(billed monthly)
  • Plus – It starts at $42 per month (billed yearly), $49 per month(billed monthly)
Price Sheet of Hiveage
Pricing of Hiveage

Like

  • It helps you to get your payment fast.
  • It provides built-in payment options.
  • You can access the software from anywhere, with any device.
  • It provides unlimited support.

Dislike

  • Customer support is not good
  • No prominent default payment button
  • Limited integrations

10. InvoiceOwl

It is a unique online invoicing software. It creates branded and professional invoices with less time. You can personalize your invoices and even track payments. The software works great for businesses of all sizes.

Webpage of Invoiceowl

Features

  • Online invoice creation
  • Tracking invoices in real time
  • credit memos
  • Notifications and alerts
  • Mobile apps
  • Live supports

Pricing

It offers 3 plans. It offers a 14-day free trial without a credit card.

  • Free – It is entirely free 
  • Growth – It charges $9.99 per month (Billed annually) or $11.99 per month(Billed monthly)
  • Champion – It charges $23.99 pre-month (Billed annually) or $28.99 per month(Billed monthly)
Pricing of Invoiceowl

Like

  • It allows you to create invoices on the spot.
  • You can send and manage invoices from anywhere.
  • You can get paid faster with online payments.
  • It allows you to track payments.
  • It provides all client information in one place.

Dislike

  • You can send only 10 invoices with the free plan
  • Email support is not available in the free plan

Conclusion

Small businesses need invoicing software to help them manage their finances and keep track of their expenses.

The best software for small business invoicing can save you time and money, and choosing the right program for your needs is important.

We’ve provided a list of the 10 best software for small business invoicing in 2022, so you will get the perfect program for your company.

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