Pennylane alternatives · Accounting
Free alternatives to Pennylane
Pennylane has no free plan. 25 of the 66 other accounting and invoicing tools in this directory are free or have a free plan.
Pennylane is a paid product with a free trial, starting at €7 per month, excluding VAT (Starter, 1 user). 3 of them have no paid plan at all; the rest pair a free plan with paid ones.
25 tools · Listings checked up to Nov 12, 2026 · Where the facts come from
The 12 closest to Pennylane
- Free plan · from €19/mo
Holded
Cloud business management with invoicing, accounting and inventory
What is free: Light plan: 1 user, 20 invoices a year, 50 scanned expenses a year, unlimited contacts and a client portal.
- Holded starts at €19 per month, excluding VAT. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Holded has a free plan. Pennylane does not, though it has a free trial.
- Holded also covers sales pipeline and inventory.
- Pennylane also covers reports, bill pay and company cards.
- Free plan · from $15/mo
Zoho Books
Online accounting from Zoho, with a free plan and six paid tiers
What is free: Free plan for businesses with under $50K revenue a year: 1 user plus 1 accountant, invoices, quotes, expenses, bank reconciliation, 1099s and 50+ reports, with email support.
- Zoho Books starts at $15 per organization / month, billed annually. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Zoho Books has a free plan. Pennylane does not, though it has a free trial.
- Only Zoho Books lists a Windows app.
- Pennylane also covers bill pay and company cards.
- Free plan · from €12.90/mo
Sevdesk
German online accounting and e-invoicing with a free plan
What is free: Up to 3 invoices or e-invoices a month, with unlimited contacts and products.
- Sevdesk starts at €12.90 per month, billed monthly, excl. VAT. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Sevdesk has a free plan. Pennylane does not, though it has a free trial.
- Sevdesk also covers quotes and estimates.
- Pennylane also covers bill pay and company cards.
- Free plan
Billy
Danish bookkeeping and invoicing with a free plan
What is free: 3 invoices and 10 expense receipts per month, VAT filing, receipt upload and technical email and chat support.
- Billy starts at 160 kr. per month, excl. VAT. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Billy has a free plan. Pennylane does not, though it has a free trial.
- Billy also covers payroll and quotes and estimates.
- Pennylane also covers reports, bill pay and company cards.
- Free plan · from €9/mo
Indy
French bookkeeping and tax filing for freelancers and small firms
What is free: Essentiel is €0: e-invoicing, automated bookkeeping, unlimited quotes and invoices and a business account with IBAN and card, with support by email.
- Indy starts at €9 per month excl. VAT, billed annually (€12 billed monthly). Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Indy has a free plan. Pennylane does not, though it has a free trial.
- Pennylane also covers reports, bill pay and company cards.
- Free plan · from $38/mo
QuickBooks Online
Cloud accounting from Intuit, from a free plan to 25-user Advanced
What is free: 1 user, income and expense tracking, 2 invoices a month, 3 reports and 1 connected bank. No accountant access, mobile app or third-party apps.
- QuickBooks Online starts at $38 per month, billed monthly. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- QuickBooks Online has a free plan. Pennylane does not, though it has a free trial.
- QuickBooks Online also covers payroll.
- Pennylane also covers bill pay and company cards.
- Free plan · from $19/mo
Wave
Free invoicing and bookkeeping for US and Canadian small businesses
What is free: Starter plan: unlimited estimates, invoices, bills and bookkeeping records, a dashboard and reports, and invoicing in the mobile app. Bank transactions are entered by hand.
- Wave starts at $19 per month, billed monthly. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Wave has a free plan. Pennylane does not, though it has a free trial.
- Wave also covers payroll.
- Pennylane also covers bill pay and company cards.
- Free plan · from $72/yr
Akaunting
Open-source accounting you can host yourself or use in the cloud
What is free: Standard On-Premise: the free, open-source edition you host yourself, for 1 company, 1 user plus 1 accountant and 1,000 invoices, with forum support. Apps cost extra.
- Akaunting starts at $72 per year, self-hosted. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Akaunting has a free plan. Pennylane does not, though it has a free trial.
- Only Pennylane lists iOS and Android apps.
- Akaunting is open source and self-hostable, according to its own site.
- Free plan · from $15/mo
ZipBooks
Browser-based invoicing and bookkeeping with a free starter plan
What is free: Starter plan: unlimited invoices, customers and vendors, card payments through Square or PayPal, basic reports and 1 connected bank account. Free with no time limit.
- ZipBooks starts at $15 per month, billed monthly. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- ZipBooks has a free plan. Pennylane does not, though it has a free trial.
- Only Pennylane lists iOS and Android apps.
- ZipBooks also covers time tracking.
- Free plan · from $59/mo
Manager.io
Free offline accounting for Windows, Mac and Linux, with a paid cloud
What is free: Desktop edition for Windows, Mac and Linux: every feature, no time or usage limits and no ads, for a single user with no remote access.
- Manager.io starts at $59 per month, billed monthly. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Manager.io has a free plan. Pennylane does not, though it has a free trial.
- Only Manager.io lists Windows, macOS and Linux apps.
- Only Pennylane lists iOS and Android apps.
- Free plan · from $35/mo
Found
Business bank account with bookkeeping and tax tools built in
What is free: Found: business checking with a Mastercard debit card, team cards, 20 sub-accounts, expense categorizing, receipt scanning, P&L, tax estimates, unlimited invoices and 1099 e-filing.
- Found starts at $35 per month, billed monthly. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Found has a free plan. Pennylane does not, though it has a free trial.
- Pennylane also covers bill pay and company cards.
- Free plan · from $31.10/mo
Odoo
Business app suite whose Accounting app is free when used on its own
What is free: One App Free: any one app, such as Accounting or Invoicing, plus the apps it depends on, for unlimited users on Odoo Online, free with no time limit.
- Odoo starts at $31.10 per user / month, billed annually, after $24.90 for the first 12 months. Pennylane starts at €7 per month, excluding VAT (Starter, 1 user).
- Odoo has a free plan. Pennylane does not, though it has a free trial.
- Odoo is open source and self-hostable, according to its own site.
- Pennylane also covers bill pay and company cards.
13 more that are free or have a free plan
- Clear Books
- QuickFile
- Hnry
- Hurdlr
- Zoho Invoice
- GnuCash
- Zervant
- Refrens
- Invoicely
- Square Invoices
- Invoice Ninja
- Syft Analytics
- TaxAct
Common questions
Is there a free alternative to Pennylane?
Yes. Holded, Zoho Books, Sevdesk, Billy, Indy, QuickBooks Online, Wave, Akaunting and 17 more are free or have a free plan.
Does Pennylane have a free plan?
Pennylane has no free plan. Pennylane is a paid product with a free trial, starting at €7 per month, excluding VAT (Starter, 1 user).
When was this checked?
Each listing shows its own date. On this page they run from Oct 17, 2026 to Nov 12, 2026. Vendors change prices and plans without notice, so confirm on their site before you buy.
This page is built from the listings. A tool is here because its listing says so, and the order is how close each is to Pennylane: the alternatives its listing names first, then the tools that share the most features with it.