Best Invoice and Billing Software for Freelancers
Getting paid on time is the freelancer lifeline. We compare the best invoicing tools for freelancers including free options and premium picks.
Best Invoice and Billing Software for Freelancers
Getting paid on time is the freelancer lifeline. The right invoicing tool automates the awkward parts: chasing payments, calculating taxes, and looking professional.
Top Picks
1. FreshBooks - Best Overall
$19/mo (Lite). Beautiful invoices, automatic late reminders, client portal, time tracking, expense management. The most complete freelancer toolkit.
2. Wave - Best Free Option
100% free invoicing and accounting. Ad-supported. Solid for freelancers under $50K revenue who want zero overhead.
3. HoneyBook - Best for Creative Professionals
$19/mo. Combines invoicing with contracts, proposals, scheduling, and client management. Popular with photographers, designers, event planners.
4. Bonsai - Best for Contract Workers
$21/mo. Invoice templates, contract templates, tax estimation, time tracking. Built specifically for freelancers and consultants.
5. Square Invoices - Best for Simplicity
Free to send invoices. 2.9% + $0.30 per card payment. No monthly fee. Lightning-fast setup.
6. Zoho Invoice - Best for International Freelancers
Free for 5 clients. Multi-currency support, automatic exchange rates, compliant with tax requirements in 30+ countries.
Key Features to Compare
| Feature | FreshBooks | Wave | HoneyBook | Bonsai |
|---|---|---|---|---|
| Auto-reminders | Yes | Yes | Yes | Yes |
| Time tracking | Yes | No | No | Yes |
| Contracts | No | No | Yes | Yes |
| Tax estimation | No | No | No | Yes |
| Multi-currency | Yes | Yes | Yes | Yes |
| Free tier | No | Yes | No | No |
Invoicing Best Practices
- Send invoices immediately after delivering work
- Set net-15 terms (net-30 is too generous for freelancers)
- Accept multiple payment methods (card, ACH, PayPal)
- Automate follow-ups at day 7, 14, and 21
- Include late fees in your terms (1.5%/month is standard)
The average freelancer spends 10 hours/month on invoicing and collections. Good software cuts that to 2 hours.