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Home » Blog » Square Invoices Review 2024

Square Invoices Review 2024

by Top Rated Ten
squareup.com review

Square Invoices Review 2024

squareup.com review
Easy to use
Yes
Integration options
Integrates with the other Square tools
Payment options
Credit/debit and ACH

Our Research

Every small business, freelancer or solopreneur needs a way to send requests for payment. Square’s invoicing platform provides a simple solution that enables you to easily send professional invoices and receive payment via credit or debit card or bank transfers.

Square Invoices is part of Square’s larger point-of-sale (POS) tool for payment processing. When you make an account on Square, you have access to all the other tools it provides, including a virtual terminal, the ability to create an online site or accept payments online, and manage a team. Given these capabilities, Square Invoices is particularly suited for people who already use Square payment processing for their business.

Square Invoices Pros & Cons

Pros

  • Free forever plan
  • User-friendly
  • Unlimited estimates and invoices
  • Create multi-package estimates for complex quotes
  • Payment reminders
  • Schedule or create recurring invoices
  • Accept payments by credit card, Apple Pay, Google Pay or ACH
  • Includes basic accounting software
  • Easily integrates with Square POS and other tools the platform provides
  •  

Cons

  • No invoice customization options with the free version
  • Upgrading to Square Invoices Plus costs $20 per month

Square Invoices at a Glance 9.6 Editor Score

Integrations

9.6

100s of integrations
 
 
 

Products

9.9

Accounting, bookkeeping, invoicing, payroll, time tracking
 

Promotions

9.5

free Forever
 

Features 

9.9

Billing management, accounts payable and receivable automation, mileage tracking
 

Customer Service

9.5

Support via help center and chatbot, or business hours for phone and email
 

9.6 Editor Score

How do I know I can trust this Square Invoices Review?

TopRatedTen.com authors, contributors, and editors are serious about research. We combine our own experience with the services we recommend, with reviews that come from verified users–just like you! Together, with reviews from industry experts, we find the Top 10 best products and services to make sure you can choose with confidence and ease.

Square Invoices

squareup.com review

Square Invoices at a Glance

  • Square Invoices is a free tool that allows you to send invoices to clients and receive payments. Square is best known as a payment processor for in-person transactions. But Square offers business owners a lot more accounting features to run and organize their business.

    Square Invoices allows you to create an invoice with a click of a button. You’ll select the customer you want the invoice sent to, and enter a few basic pieces of information: invoice title, invoice ID, message, date of service and the date you want to send this invoice. You can either choose to send it immediately or at a later date. You can also adjust when payment is due.

    Additionally, you have the option of either sending a one-time invoice or a recurring invoice. If you are sending a recurring invoice, you can either repeat it every day, week, month or year. You can also choose for the invoice to be sent at a future date and customize when each invoice is due (in seven days, in 14 days, etc.). Square also enables the ability for account holders to hold customers’ credit card information on file and charge the card automatically.

    Account holders can choose the payment forms they will accept, or give customers the option to choose. Square Invoices can process credit or debit card payments (for a 2.9% plus $0.30 per transaction fee), ACH bank transfer (for a 1% fee) or a gift card that a customer has bought from you (for the same fees as credit and debit cards).

Other Benefits

Other Benefits

Account holders can also choose whether to allow customers to add a tip. Additionally, they can choose to send the invoice to a client via email, phone or manually, and are also able to add an attachment (for a more detailed breakdown of services, for example).

Fine Print

To add a custom field, you will need to upgrade to Square Invoices Plus, which costs $20 per month. Square Invoices Plus comes with a 30-day free trial and allows you to save and reuse custom invoice templates and add custom fields to any invoice, offer options with multi-package estimates and auto-convert accepted estimates to invoices, in addition to other project management tools. Payment processing fees are the same for both free and paid versions.

Square Invoices Alternatives and How They Compare

Square Invoices PayPal Invoicing Zoho Invoice
Starting Price Free; $30 per month Free Free
Free Trial 30-day N/A N/A
Customizable Features Good Excellent Good
Client Portal Yes Yes Yes
Send Invoices Unlimited Unlimited Unlimited
Scheduled or Recurring Invoices Yes Yes Yes
Payment Reminders Yes Yes Yes
Send Estimates Unlimited - Including multi-package estimates Unlimited Unlimited
Accept Online Payments Yes - By credit card, Apple Pay, Google Pay or ACH Yes - By credit card Yes - By credit card and ACH
Online Processing Rate 2.9% plus $0.30 per invoice 3.49% plus $0.49 per transaction * Fees vary - Integrates with third-party payment processors
Mobile App Yes Yes Yes
Track and Manage Invoices Yes Yes Yes
Customer Support Phone and email support, knowledge base and live chat Live chat, video tutorials, phone and email support Phone and email support, live chat, knowledge base and help center

There are several great free invoice platforms out there, and it makes sense to do some research about which one best suits your company, as they vary slightly and are best suited for different business structures.

Both PayPal and Zoho have excellent customization options for invoices such as, in Zoho’s case, the ability to brand your invoice and tailor it for different clients and choose between different templates, which can give your invoice, and by extension your company, a more professional look.

Square does offer customization options mentioned in the previous section. However, there are fewer design features available. For this reason, Square Invoices is better suited for business owners who are already using Square for their business, whether it be to process credit card payments for online or in-person services.

While Square does offer more customization options, these features require an upgrade to Square Invoices Plus, which costs $20 per month. When compared with other invoice platforms that charge a subscription fee, $20 per month is on the higher end. For comparison, FreshBooks charges a $15 monthly fee for the Lite subscription and $25 for their Plus subscription. Zoho’s invoicing platform offers these features as part of their free version.

Square Invoices

squareup.com review

Is Square Invoices Invoice Right for You or Your Business?

Square is a great choice for business owners, contractors and freelancers who are already using Square as a point of sale and want to be able to easily add invoices. However, if you are looking for extensive customization options for your invoices without a monthly subscription fee, consider Zoho Invoice.

 

Frequently Asked Questions (FAQs)

Yes, the basic version of Square Invoices is free. This allows you to create and send invoices to customers as well as accept payment from them in the form of credit and debit cards or ACH bank transfers.

While Square does not charge account holders to use its invoicing software (unless they upgrade to Square Invoices Plus), there are fees to process payments. To process credit and debit cards, Square Invoices charges a 2.9% plus $0.30 per transaction fee. To process ACH bank transfers, Square charges a 1% fee. This fee is standard across the payment processing industry.

To invoice on Square, you first have to make a Square account. You will be able to navigate to invoices in your account portal, where you’ll also see information about your business, including invoices paid and overdue.

Like most types of software, the best invoicing software programs offer many levels of security. When choosing this type of software, you want to look for security features like two-factor authentication (2FA) or multifactor authentication (MFA), documentation that shows frequent security updates and patches, intrusion detection, the monitoring of user activities, data encryption and privacy protection.

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