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8 Cheapest Invoicing Software of 2026

By the Rankozo research desk · Updated November 4, 2026

Among the 10 tools in our best invoicing software ranking, Invoice Simple has the lowest verified paid starting price at $6.99 per month. Prices below are quoted from each vendor's US pricing page.

  1. 01

    Invoice Simple

    Tradespeople who send a few invoices a month from a phone.

    Essentials $6.99 per month for 3 invoices; Plus $14.99 for 10; Premium $21.99 unlimited; annual billing gives 2 months free

    Full entry, No. 10 overall

    Starts at

    $6.99

    Score 7.5

  2. 02

    Invoice Ninja

    Freelancers who want unlimited clients for about $12 a month and the option to self-host.

    Free plan for 5 clients; Pro $14 per month, or $140 per year ($11.67 per month); Enterprise from $18 per month

    Full entry, No. 2 overall

    Starts at

    $11.67

    Score 8.6

  3. 03

    Wave

    Sole proprietors who want unlimited free invoices plus basic bookkeeping in one place.

    Free Starter plan; Pro $19 per month or $190 per year (promo $9.50 per month for the first 3 months)

    Full entry, No. 3 overall

    Starts at

    $19

    Score 8.6

  4. 04

    Bonsai

    Freelancers and small agencies that want proposals, contracts and invoices in one workflow.

    Invoicing starts on Essentials at $19 per user per month billed annually ($25 monthly); Basic at $9 excludes invoices

    Full entry, No. 9 overall

    Starts at

    $19

    Score 7.7

  5. 05

    FreshBooks

    Service businesses that bill time and want polished invoices with accounting reports in one tool.

    Lite $23 per month for 5 clients (promo $4.60 per month for 4 months); Plus $43; Premium $70

    Full entry, No. 4 overall

    Starts at

    $23

    Score 8.3

  6. 06

    Xero

    Small businesses that want accounting with strong bank reconciliation and are fine with invoice caps on the entry plan.

    Early $27 per month (promo $5.40 for 3 months, 20 invoices); Growing $59; Established $97

    Full entry, No. 8 overall

    Starts at

    $27

    Score 7.8

  7. 07

    QuickBooks Online

    Small businesses that want invoicing inside full accounting that most US accountants already know.

    QuickBooks Free at $0; Simple Start $38 per month (promo $19 for 3 months); Essentials $85; Plus $140; Advanced $340

    Full entry, No. 6 overall

    Starts at

    $38

    Score 8.1

  8. 08

    Square Invoices

    Businesses that already take payments with Square and want invoices on the same account.

    Free plan; Square Plus $49 per month per location; Premium $149 per month per location; card fees apply

    Full entry, No. 5 overall

    Starts at

    $49

    Score 8.3

Scores and prices come from our Best Invoicing Software ranking, which uses one method for every tool. Questions or corrections: editorial@rankozo.com