What is the cheapest invoicing software for freelancers?

Start with free options if invoicing is the whole job

Wave lists Starter at $0. Zoho Invoice lists a free subscription with usage limits. Check availability, payment methods and limits before choosing. Free software subscriptions can still have payment-processing charges; do not treat a zero subscription as a zero-cost business workflow.

Compare the ongoing bill, not just a starting price

FreshBooks’ 2026 notice lists Lite at $23/month before promotions. Bonsai lists Essentials at $25/user/month on monthly billing; its cheaper Basic tier does not list the same invoicing features. HoneyBook’s $29/month Starter figure is an annual-billing equivalent, not a month-to-month quote. Prices were reviewed on September 18, 2026 and can change.

Use this cost checklist

Compare the same billing period, currency, team size and required features. A lower headline price can still be the right choice; it just needs to cover your actual work.

1. Write down the annual subscription commitment and renewal price.
2. Add required seats and feature upgrades.
3. Estimate card or bank-processing costs using your provider’s current quote.
4. Include any separate tool you still need for approvals or project delivery.
5. Check export options before moving your records.

When a paid client-work workspace is relevant

Moolamochi Solo is $49 monthly or $490 billed yearly, with no Moolamochi invoice percentage fee; actual processor fees remain separate. Consider it for linked scope, delivery and billing rather than as a free invoice generator. Production currently accepts waitlist signups only.