Sunrise’s ease of use and features make it a good choice for freelancers and sole proprietors who need to track income and expenses and invoice customers. It might also appeal to small businesses that need double-entry accounting and can live without time tracking, robust reports, and full mobile access.
Summary
In 2011, small business accounting website Billy launched in the Danish market. Five years later, a version debuted in the US market. Earlier last year, US-based Lendio, a company that helps small businesses research and procure loans, bought and relaunched Billy as Sunrise, a free accounting site. Housed in a double-entry accounting framework, Sunrise supports contact and product records; quotes and estimates; invoices, recurring invoices, expenses, and data import from financial institutions (including recently with Plaid). It works with Square, Stripe, and PayPal Business Payments for payment processing, too. Other additions since our last review include integration with payroll service Gusto and Zapier, plus some retooling of invoices.
Pros
- Free
- Good user experience and dashboard
- Double-entry accounting
- Supports both quotes and estimates
- Competent handling of sales forms
- Sales tax rulesets
Cons
- No dedicated time or project tracking
- Only standard financial reports
- Mobile apps not comprehensive
- Minimal fields in contact and product records