InvoiceShelf vs Lago

TaglineTrack expenses, payments, and create professional invoices and estimatesOpen-source metering and usage-based billing API for SaaS products
CategoryFinance & BudgetingFinance & Budgeting
ReplacesQuickBooksQuickBooks, Mint
GitHub stars1.7k10k
LanguagePHPDocker
LicenseAGPL-3.0AGPL-3.0
Self-host difficulty
3/5
Moderate
3/5
Moderate
Deploy options
Docker
Docker Compose
Manual
Docker
Docker Compose
Kubernetes
Manual
Managed hosting
Last updated4 days ago7 days ago
View repoView repo

Where each falls short

The honest trade-offs — what you give up with each, versus the proprietary tools they replace.

InvoiceShelf
  • No double-entry bookkeeping or chart of accounts
  • Payment gateway integrations are limited compared to QuickBooks
  • No payroll or HR functionality
  • Recurring invoices exist but automation rules are less flexible than QuickBooks
Lago
  • Developer-oriented billing API, not a personal finance or budgeting tool for end-users
  • No AR/AP or general-ledger accounting; revenue recognition requires integration with an ERP
  • Tax calculation engine is basic; real-world tax compliance needs third-party integration (e.g. Avalara)
  • Dunning workflows and payment retries are less mature than Chargebee or Stripe Billing

Bottom line

Both are a similar lift to self-host; choose Lago for the larger community and ecosystem. InvoiceShelf has seen more recent development. Open each guide below for deploy steps and the full feature gap.

InvoiceShelf

Track expenses, payments, and create professional invoices and estimates

Lago

Open-source metering and usage-based billing API for SaaS products