Zoho Invoice
6.4/10Zoho Invoice is a free invoicing app for freelancers and small businesses. It covers quotes, recurring invoices, online payments, expenses and time tracking.
Data last updated November 2026 · Our methodology
Overview
Zoho Invoice is a free invoicing tool from Zoho Corporation. It handles billing only and has no accounting ledger. Users create quotes and invoices from customizable templates and can schedule recurring invoices. Saved cards can be charged automatically. Payment reminders go out on their own. Customers use a self-service portal to accept quotes and pay in full, in part, or in bulk. The app also tracks reimbursable expenses and mileage. It logs time against projects and turns unbilled hours into invoices. You can invoice in multiple currencies with exchange rates fetched automatically. There are about 30 sales, receivables and expense reports, plus an activity log with a full audit trail. It suits freelancers, consultants and very small service businesses that need professional invoicing at no cost. There is only one plan and it costs nothing. It allows 2 users, 3 projects, 500 invoices a year and 2 organizations, and every invoice carries a Powered by Zoho Invoice badge. There are no paid add-ons inside the product. When you hit the limits, Zoho points you to Zoho Billing or Zoho Books. In the US, payments run through Zoho Payments, Stripe, PayPal, Square, Braintree, Authorize.net, CSG Forte and Verifone. It also connects to Zoho CRM, Zoho Analytics, Zoho Sign and Zoho Books. The biggest limitation is that it is not accounting software. There is no general ledger, no balance sheet or profit and loss statement, and no stock tracking. Growing past the free caps means moving to another Zoho product rather than upgrading this one. Accounts inactive for 180 days also risk having their data deleted.
Our Rating
Who Zoho Invoice is best for
Best software for FreelancersGood fit
It is free and covers quotes, recurring invoices, time-to-invoice billing and a client portal, which is what a solo billing workflow needs.
Time tracking and project billing fit small consultancies, but the 3-project and 2-user caps limit firms with more staff.
It suits small service businesses that send up to 500 invoices a year, but they still need separate accounting software.
Pros & Cons
Pros
- Every feature is free with no credit card or contract, including recurring invoices, auto-charge, reminders and a client portal.
- Supports eight US payment gateways, including Stripe, PayPal, Square and Zoho Payments, and Zoho adds no fee of its own on online payments.
- Logged project hours convert directly into invoices, which suits freelancers and consultants who bill by the hour.
- Built-in multi-currency with automatic exchange rates from Open Exchange Rates makes international invoicing easier.
- The Activity Logs and Audit Trail report shows who changed a record and lets you compare versions.
Cons
- Hard caps of 500 invoices a year, 2 users and 3 projects, with no paid upgrade inside Zoho Invoice.
- Not an accounting system: there is no general ledger, and traditional statements such as profit and loss require Zoho Books.
- There is no stock tracking, so product sellers cannot manage inventory.
- Invoices carry Powered by Zoho Invoice branding.
- Accounts inactive for 180 days can have their data deleted, which is a risk for seasonal businesses.
Key Features
Not included
- Financial Reporting
- Inventory Accounting
- General Ledger
Zoho Invoice Pricing
Free
- Up to 2 users
- About 30 reports
- Up to 3 projects
- Up to 2 organizations per account
- Expense, mileage and time tracking
- Invoices carry Powered by Zoho Invoice branding
- Customer portal with full, partial and bulk payments
- Quotes, recurring invoices and automated payment reminders
- Data deleted after 180 days of inactivity, with prior notice
- Up to 500 invoices per year, reset annually on the organization creation date
Frequently Asked Questions
Yes. Zoho lists a single free plan at $0 with no paid tiers or add-ons. It is limited to 2 users, 3 projects, 500 invoices a year and 2 organizations.
The limit resets each year on your organization's creation date, and you can check usage under Settings > Usage Stats. To create more invoices, Zoho directs you to upgrade to Zoho Billing. You can also contact support about your options.
The US help documentation lists Zoho Payments, Authorize.net, CSG Forte, Stripe, Square, Braintree, PayPal and Verifone. Zoho charges no fee for online payments, but the gateway charges its own processing fees.
No. It covers invoicing, expenses, time tracking and sales reports. Reviewers note that traditional accounting reports such as profit and loss need Zoho Books, which integrates with Zoho Invoice.
Yes. You can add currencies and set exchange rates manually or by CSV import. You can also have rates fetched automatically from Open Exchange Rates.
Yes. The Activity Logs and Audit Trail report lists organization-wide activities, shows who changed each record, and lets you compare versions. You can filter, schedule and export the report.
Accounts inactive for more than 180 days have their data deleted within the following 20 days. Zoho notifies you first, and logging in or making a backup keeps the data.
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Ranked near Zoho Invoice in Finance Software
See Zoho Invoice in the listZoho Invoice is #20 in Finance Software by our score.
