Compare · Accounting and invoicing
Free accounting software in Singapore, compared
Which accounting software is free, or cheapest, for a small business in Singapore? Twelve options side by side, each price taken from the product’s own site and dated, with a full comparison one click away.
Prices checked 30 September 2026
Side by side
| Software | Price | Free plan | GST | Payroll and CPF | |
|---|---|---|---|---|---|
| SME AI Office | Free plan S$0. Pro 365 S$39 a month or S$365 a year | Yes, for good. Your P&L and 10 invoices a month, no card | Every box filled in from your records. You file on myTax Portal | Built in on Pro 365: CPF, the bank file, IR8A | See the accounting › |
| Zoho Invoice | Free. S$0 for Singapore businesses | Free plan: up to 500 invoices a year, 2 users, 3 projects | In Zoho Books, a separate product | Zoho Payroll is listed for the USA, UAE and India | vs SME AI Office › |
| Zoho Books | Standard S$18 a month. Professional S$36, Premium S$54, Elite S$193, Ultimate S$373 | Free plan while revenue stays under US$50K a year | Prepared on every plan, even Free. You submit it to IRAS yourself | Zoho Payroll is listed for the USA, UAE and India, not Singapore | vs SME AI Office › |
| Invoice Ninja | Ninja Pro $14 a month, or $140 a year billed annually | Free plan: 5 clients, unlimited invoices | Automatic sales tax calculation for US states on Pro | Not listed | vs SME AI Office › |
| Financio | Essentials S$20 a month, Premier S$30 a month | Free trial, 30 days, then read-only | Submitted to IRAS from Financio, with the IRAS Audit File | Financio Payroll, separate: S$25 a month (up to 30 staff) or S$45 | vs SME AI Office › |
| SQL Account | Essential S$29 a month. Pro S$59 a month | Free demo or trial before you subscribe | InvoiceNow and GST compliance on both plans | SQL Payroll + HRMS S$4 per staff a month: CPF, SDL, SHG, IR8A, CPF EZPay | vs SME AI Office › |
| QuickBooks Online | Simple Start S$31 a month. Essentials S$57, Plus S$78.99, Advanced S$124 | Free trial, 30 days | Tracks GST and prepares a statement to help you file with IRAS | Not in its Singapore plans. Payroll through a separate app | vs SME AI Office › |
| Xero | Starter S$39, Standard S$70, Premium S$95 a month | No free plan | Filled in and filed to IRAS from inside Xero | Through a separate payroll app, paid separately | vs SME AI Office › |
| AutoCount | Lite S$43 a month. Basic S$58, Plus S$78, Pro S$98 | Free trial, 30 days | Submitted to IRAS from inside AutoCount Cloud Accounting | A separate AutoCount HRMS product | vs SME AI Office › |
| FreshBooks | Lite US$23 a month. Plus US$43, Premium US$70, Select on request | Free trial, 30 days | A Sales Tax Summary report for your tax return | FreshBooks Payroll is for US businesses, US$40 a month plus US$6 per person | vs SME AI Office › |
| Osome | Accounting from S$898 a year, billed annually per financial year | No free plan | GST return filing S$1,200 a year on Grow, included on Scale | Payroll service S$350 a year per employee, as an add-on | vs SME AI Office › |
| Deskera | From $199 a month per user, billed yearly, minimum 5 users | Free trial, 15 days | GST Form 5 and the IRAS Audit File generated | Deskera People makes the CPF e-submission file | vs SME AI Office › |
Wave and Sage Accounting are left out: neither sells its plans for Singapore businesses.
When each one fits
- SME AI Office: choose it if you want your accounts, payroll with CPF, staff leave and claims, and your order page, bookings or POS in one place: start free, then S$365 a year for everything. See the accounting ›
- Zoho Invoice: choose it if you only need invoices and send more than 10 a month: it is free for up to 500 invoices a year and two users, and it takes cards and PayNow through Stripe. Full comparison ›
- Zoho Books: choose it if you only need accounting, want many invoices free, want bank feeds, or need InvoiceNow e-invoicing today. Its Standard plan is S$15 a month billed yearly, before tax. Full comparison ›
- Invoice Ninja: choose it if you want invoicing only, with unlimited invoices to a few clients, many payment gateways, or software you can host yourself. Ninja Pro is $14 a month, or $140 a year billed annually. Full comparison ›
- Financio: choose it if you want the GST F5 submitted to IRAS from inside the software, InvoiceNow, or bank connections with DBS or Maybank, and your accountant already uses ABSS. Full comparison ›
- SQL Account: choose it if you want accounting that also runs on your own computer without internet, InvoiceNow today, bank reconciliation, or your dealer already supports SQL. Full comparison ›
- QuickBooks Online: choose it if your accountant already works in it, you want your bank transactions pulled in by bank feeds, or you need project and class tracking across a larger team. Full comparison ›
- Xero: choose it if your accountant already works in it, you want bank feeds that match your bank line by line, or you want your GST F5 filed to IRAS from inside the software. Full comparison ›
- AutoCount: choose it if you want the GST F5 submitted to IRAS from inside the software, InvoiceNow included, or your dealer and accountant already support AutoCount. Full comparison ›
- FreshBooks: choose it if you are a freelancer or agency billing overseas clients in several currencies, you want time tracking and project profitability, and you do not need Singapore payroll. Full comparison ›
- Osome: choose it if you want accountants to keep your accounts and file your ECI, Form C-S and annual return for you. Its accounting starts at S$898 a year for revenue under S$30,000, and a company secretary is S$300 a year more. Full comparison ›
- Deskera: choose it if you have five or more users who need an ERP with warehouses, lot and serial tracking, manufacturing and approvals, and you can budget for implementation. Full comparison ›
Your P&L and 10 invoices a month are free. Everything else is Pro 365, S$365 a year.
Questions
Is there free accounting software in Singapore?
Yes. SME AI Office has a Free plan with no card and no time limit: your profit and loss and 10 invoices a month. Of the others checked on 30 September 2026, Zoho Invoice, Zoho Books and Invoice Ninja also have a free plan; the rest offer a free trial. The table shows what each free plan includes.
Which one should a small Singapore business pick?
If you only send invoices, a free invoicing tool may be enough. If you have staff, look at payroll and CPF: SME AI Office has them built in on Pro 365 (S$365 a year), while most accounting software needs a separate payroll product. If your accountant already works in one product, use that one.
Does SME AI Office file GST to IRAS or pull in bank feeds?
No. SME AI Office fills in every box of the GST F5 from your own records on Pro 365, and you file it on myTax Portal yourself; it does not pull in bank feeds. If you want either done inside the software, the table shows which products submit GST to IRAS.
Facts about each product are from its own site, checked on 30 September 2026; each full comparison lists its sources. Names are trademarks of their owners. SME AI Office is not connected with any of them.