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InvoicePlane vs Splitwise

Professional comparison and analysis to help you choose the right software solution for your needs.

InvoicePlane icon
InvoicePlane
Splitwise icon
Splitwise

InvoicePlane vs Splitwise: The Verdict

⚡ Summary:

InvoicePlane: InvoicePlane is an open-source self-hosted invoicing application. It allows small businesses to create and manage invoices, quotes, payments and customers. It has features for recurring invoices, tax rates, multiple currencies, invoice templates and more.

Splitwise: Splitwise is a free online tool that helps groups of people share expenses and track balances owed. It allows roommates, couples, groups of friends, family members, and others to easily track shared bills, rent, vacations, event costs and more. The interface is user-friendly and it syncs across mobile and desktop.

Both tools serve their respective audiences. Compare the features, pricing, and user ratings above to determine which best fits your needs.

Last updated: May 2026 · Comparison by Sugggest Editorial Team

Feature InvoicePlane Splitwise
Sugggest Score — —
Category Business & Commerce Online Services
Pricing Open Source —

Product Overview

InvoicePlane
InvoicePlane

Description: InvoicePlane is an open-source self-hosted invoicing application. It allows small businesses to create and manage invoices, quotes, payments and customers. It has features for recurring invoices, tax rates, multiple currencies, invoice templates and more.

Type: software

Pricing: Open Source

Splitwise
Splitwise

Description: Splitwise is a free online tool that helps groups of people share expenses and track balances owed. It allows roommates, couples, groups of friends, family members, and others to easily track shared bills, rent, vacations, event costs and more. The interface is user-friendly and it syncs across mobile and desktop.

Type: software

Key Features Comparison

InvoicePlane
InvoicePlane Features
  • Create and send professional invoices
  • Accept online payments
  • Generate quotes and estimates
  • Track expenses and payments
  • Manage clients and projects
  • Recurring invoices and subscriptions
  • Multi-currency support
  • Customizable invoice templates
  • Tax rates and tax calculations
  • Partial payments and deposits
  • Invoice status tracking
Splitwise
Splitwise Features
  • Track shared expenses and balances owed
  • Organize expenses into groups and categories
  • Automatic expense splitting and IOU tracking
  • Mobile and desktop apps for easy access
  • Reminders for upcoming payments
  • Expense history and reporting
  • Integrations with other financial apps

Pros & Cons Analysis

InvoicePlane
InvoicePlane
Pros
  • Free and open source
  • Self-hosted - you control your data
  • Customizable and extensible
  • Easy to use interface
  • Mobile responsive design
  • Strong community support
Cons
  • Requires some technical skill to setup
  • Limited support options
  • Less features than paid alternatives
  • Lacks some advanced accounting features
Splitwise
Splitwise
Pros
  • Free to use for basic features
  • Simplifies expense tracking for groups
  • Syncs across devices for convenience
  • Intuitive and user-friendly interface
  • Supports a variety of expense types
Cons
  • Limited features in the free version
  • Requires all group members to use the app
  • No advanced budgeting or financial planning tools
  • Potential privacy concerns with shared expenses

Pricing Comparison

InvoicePlane
InvoicePlane
  • Open Source
Splitwise
Splitwise
  • Not listed

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Learn More About Each Product

InvoicePlane
InvoicePlane
Reviews, pricing & alternatives →
Splitwise
Splitwise
Reviews, pricing & alternatives →

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