Billy vs Holded (2026): which should you pick?

Pick Billy if

• Fits if you're a Danish sole trader sending a few invoices a month
• Works for small Danish companies that want accountant access built in

Look elsewhere if

• Tight if you send more than 3 invoices or file more than 10 receipts a month, which is where Free stops
• Pricey if you want annual accounts: they cost extra, from 2,495 kr., and the accountant package from 4,495 kr.
• Not for you if you're outside Denmark, as it's Danish kroner and Danish rules
• Watch out: Complete has a 12-month commitment, and the site says Billy is now part of Shine

Pick Holded if

• Fits if you're a Spanish freelancer who needs invoicing with Verifactu
• Makes sense if you want inventory and a CRM next to your books

Look elsewhere if

• Tight if you stay on the free plan: 20 invoices and 50 scanned expenses a year
• Watch out: Basic allows 2 users and Standard 4, and extra users cost €12 a month each
• Watch out: Inventory starts at €25 a month and HR is €3 per employee, both as add-ons
• Not for you if you're outside Spain, unless you've checked the tax forms for your country
• Pricey if you need full accounting: that starts at Standard, €69 a month

Billy

• The Free plan caps usage at 3 invoices and 10 expense receipts a month.
• Prices are in Danish kroner, excluding VAT, and the Complete plan carries a 12-month commitment.
• Annual accounts cost extra on most plans, from 2,495 kr., and the accountant package from 4,495 kr.
• The site says Billy is now part of Shine, so the product and its pricing may move to Shine's pages.

Holded

• Prices are in euros, exclude VAT, and the page does not say whether the figures assume monthly or annual billing.
• Each plan caps users (2 on Basic, 4 on Standard); extra users cost €12 a month each.
• Inventory starts at €25 a month and the HR module is €3 per employee a month, both as add-on Gems.
• Tax forms and e-invoicing features listed on the page are Spanish; check coverage for other countries.

Billy

Invoices and quotes

Send invoices and quotes in your own design, with card and MobilePay payment on invoices, and set up subscription invoices.

Receipts and bookkeeping

Scan, upload and store receipts, with a bookkeeping assistant that suggests how to post each expense.

VAT reporting

Report VAT figures to the Danish tax authority directly from the program and connect a bank to match transactions.

Payroll

Produce payslips from the same account and have the payroll posted to the books automatically. Billed per payslip.

Accountant access

Give an accountant access to the books from the Basic plan up, with add-on packages for annual accounts.

Mobile app

A mobile app for scanning receipts and sending quotes and invoices while out with customers.

Holded

Invoicing and quotes

Unlimited invoices on paid plans, with quotes, proformas, recurring invoices, a client portal, multi-currency and Verifactu.

Accounting

Standard and above add automatic journal entries, analytical accounting and annual accounts that an accountant can work from.

Bank connections and Wallet

Connect bank accounts to match transactions with invoices and expenses; Holded Wallet adds supplier payments and team cards.

Expense scanner

Scans receipts and extracts their data, with a fair-use limit tied to the plan's AI usage.

Spanish tax forms

Lists VAT models 303, 347, 349, 369 and 390 and IRPF models, with corporate tax forms 200 and 202 from Standard.

Inventory, CRM and projects

Inventory and HR are paid Gems; the CRM and project profitability tracking are part of the plans.

Billy

• Free0 kr.

  per month, excl. VAT

  3 invoices and 10 expense receipts a month, VAT filing and receipt upload.

• Basic160 kr.

  per month, excl. VAT (page notes a saving vs monthly billing)

  No usage limits, ad-free invoices, accountant access and full bookkeeping support by email and chat.

• Plus295 kr.

  per month, excl. VAT (page notes a saving vs monthly billing)

  Adds AI accounting features, Copilot access, unlimited integrations, payroll and phone support.

• Complete595 kr.

  per month, excl. VAT, 12-month commitment

  Everything in Plus, with a quarterly accounts check, priority support and a do-it-yourself annual report included.

Holded

• Light€0

  Free invoicing with Verifactu for 1 user, limited to 20 invoices and 50 scanned expenses a year.

• Starter€19

  per month, excluding VAT

  1 user with unlimited invoices and expense scanning, 1 connected bank, VAT and income tax returns and a sales funnel.

• Basic€34

  per month, excluding VAT

  2 users, 5 connected banks, cash flow, 10 recurring invoices, recurring purchases and 1 free point-of-sale store.

• Standard€69

  per month, excluding VAT

  4 users, full accounting, unlimited banks, SEPA remittances, corporate tax forms and user roles.

• Advanced€115

  per month, excluding VAT

  7 users, custom roles and fields, payment reminders, cash flow scenarios and priority support.

• Premium€229

  per month, excluding VAT

  15 users, unlimited recurring invoices, multi-country VAT and 100,000 API calls a month.

Billy

• Other savings

  50% off payroll for 12 months

  Billy's homepage says payroll is charged per payslip, with a 50% saving during the first 12 months.

Holded

• Other savings

  50% off the first 3 months

  New customers get 50% off paid plans for their first 3 months, then the regular price applies, per the pricing page.

• Other savings

  Black Friday: 70% off for 3 months

  For new customers until 30 November 2026, every paid plan is 70% off for the first 3 months, in place of the usual 50%.