Square Invoices wins on more features overall (4 vs 2, 13 tied). Below is the full feature-by-feature breakdown.
| Feature | monday.com | Square Invoices |
|---|---|---|
| Free plan |
✗ No
14-day trial
|
✓ Yes
Free creation; 2.2% on payments
|
| Entry paid plan |
— Paid add-on
From AU$12/seat/mo
|
✓ Yes
Per-transaction fees only
|
| Download PDF without signup |
✗ No
|
✗ No
|
| Feature | monday.com | Square Invoices |
|---|---|---|
| Unlimited invoices |
— Limited
|
— Limited
|
| Custom logo & branding |
✓ Yes
|
✓ Yes
|
| Recurring invoices |
— Limited
Via integrations
|
✓ Yes
|
| Email invoices to clients |
✓ Yes
|
✓ Yes
|
| Multi-currency |
✓ Yes
|
✓ Yes
|
| Client management |
✓ Yes
|
✓ Yes
|
| Feature | monday.com | Square Invoices |
|---|---|---|
| ATO-compliant GST invoices |
— Limited
Configurable tax rates
|
— Limited
|
| ABN field built in |
— Limited
Custom field workaround
|
✗ No
|
| Australian-focused support |
— Limited
|
— Limited
|
| Feature | monday.com | Square Invoices |
|---|---|---|
| Bank reconciliation |
✗ No
|
✗ No
|
| Expense tracking |
— Limited
|
— Limited
|
| Payroll |
✗ No
|
✗ No
|
| Inventory tracking |
✗ No
|
✗ No
|
| Feature | monday.com | Square Invoices |
|---|---|---|
| Stripe payments |
✓ Yes
|
✗ No
Square payments only
|
| Mobile app |
— Limited
|
— Limited
|
| Feature | monday.com | Square Invoices |
|---|---|---|
| Setup time |
✗ No
Board and workflow setup
|
— Limited
Account signup required
|
Neither tool fits your invoicing-only workflow? Try InvoiceSonic — free for unlimited ATO-compliant tax invoices, no signup required.
Create a free invoice now →monday.com starts at From AU$12/seat/mo; Square Invoices starts at Free (2.2% per paid invoice). monday.com offers 14-day trial. Square Invoices offers free to create — fees on card payments.
For ATO-compliant GST: monday.com = limited, Square Invoices = limited. For native ABN field: monday.com = limited, Square Invoices = no. If you operate in Australia and either tool falls short here, InvoiceSonic handles both natively — and it's free.
Most freelancers want fast invoicing without paying for full accounting. Between these two, Square Invoices wins more categories overall. But if you're a freelancer who just wants ATO-compliant tax invoices for free, InvoiceSonic is purpose-built for that workflow.
Do not assume a one-click migration. Confirm each product's current export and import formats, then test contacts, opening balances, unpaid invoices, tax codes, attachments and reconciliations before cancelling the old account. Keep statutory records outside both systems.
Both tools include more than invoicing. If invoicing is your only need, a dedicated generator can be faster and more focused than a full accounting subscription.
Yes — InvoiceSonic lets you create and download an invoice without signup. Its account plans have separate limits and pricing, so compare current official plans before deciding.