Accounting software for freelancers
What this situation needs
A freelancer needs invoices, expenses and something the accountant can read at year end. Most of the products here are priced for businesses with staff; these are the ones whose published entry price suits one person.
Suitability scores follow a published rubric: 40 points for a free plan a freelancer can work in, 30 points when the entry price is under US$15 a month or the local equivalent, 20 points for stated time or project tracking, and 10 points when the vendor names freelancers or sole traders as the audience.
Ranked for Accounting software for freelancers
Suitability is an editorial score out of 100; facts on each row are verified- Rank 1No preview yet
Wave
Free invoicing and bookkeeping with a US$19 a month Pro plan for bank import and receipt capture.
Free plan, paid from $19/mo
Suitability 92 of 100. Free unlimited invoicing and bookkeeping; the US$19 Pro plan only adds automation.
Not yet scored - Rank 2No preview yet
Invoice Ninja
Invoicing and billing with a free tier for five clients and a US$14 a month Pro plan.
Free plan, paid from $14/mo
Suitability 88 of 100. Free for five clients with projects and billable time, then US$14 a month.
Not yet scoredCompare with Wave - Rank 3No preview yet
Pandle
United Kingdom bookkeeping with a free plan and a £5 a month Pro tier, including Making Tax Digital submissions.
Free plan, paid from £5/mo
Suitability 84 of 100. Free plan with bank feeds, invoicing and Making Tax Digital submissions for United Kingdom sole traders.
Not yet scoredCompare with Wave - Rank 4
Zoho Books
Six-tier accounting suite with a free plan for small businesses and Standard at US$15 a month.
Free plan, paid from $15/mo
Suitability 78 of 100. Free for businesses under US$50,000 of revenue with 1,000 invoices a year.
Not yet scoredCompare with Wave - Rank 5No preview yet
QuickFile
United Kingdom accounting priced by ledger entries, free up to 200 a year and £60 plus VAT above that.
Free plan, paid from £60/yr
Suitability 74 of 100. Free up to 200 ledger entries a year, with automated bank feeds and VAT returns.
Not yet scoredCompare with Wave - Rank 6No preview yet
FreeAgent
United Kingdom accounting priced by business type, from £10 a month, and free with several bank accounts.
Flat rate from £10/mo
Suitability 68 of 100. £19 a month for sole traders, and free with several United Kingdom bank accounts.
Not yet scoredCompare with Wave - Rank 7No preview yet
GnuCash
Free desktop double-entry accounting under the GNU General Public License, for personal and small-business books.
Free
Suitability 60 of 100. No licence fee at all, if desktop double-entry books suit how you work.
Not yet scoredCompare with Wave