Lili review

Lili starts from the bank account rather than the ledger. Lili Core is a business checking account with a Visa debit card and no monthly fee. Pro, at $15 a month after a 3 month promotion, adds expense and tax management: transactions sorted into tax categories, receipts and notes on expenses, quarterly and annual expense reports and automatic allocation of money toward tax payments. Smart at $35 adds accounting software with predictive categorization by Lili AI, receipt capture, profit and loss and cash flow statements, unlimited invoices with reminders and payments, bill scanning and sync with external bank and card accounts. Because the bookkeeping runs on the same account where money arrives, there is little setup. The catch is that Lili works best when it is your main business account, and its reports are lighter than Zoho Books or QuickBooks, so it suits sole proprietors with simple finances.

Who it is for

Sole proprietors who want their business checking account and expense tracking in one app.

Price

Lili Core free checking; Pro $15 per month (promo $9 for 3 months), Smart $35.

Lili Pro $15 /mo $9 /mo for 3 months
Quoted from the vendor pricing page on November 6, 2026.

Key features

• Business checking with a Visa debit card
• Expense transactions sorted into tax categories with receipts and notes
• Automatic tax savings allocation
• Quarterly and annual expense reports
• Accounting, unlimited invoices and bill pay on Smart

Strengths and weaknesses

• Strength: Lili Core checking has no monthly fee
• Strength: 30-day free trial on paid plans
• Strength: Banking and bookkeeping in one place, with no bank feed to set up
• Weakness: Bookkeeping tools start on Pro, and full accounting needs Smart at $35
• Weakness: Works best if Lili is your main business account
• Weakness: Fewer reports than dedicated accounting software

Key facts

• Free plan: Yes, Lili Core checking account
• Paid tiers: Pro $15, Smart $35, Premium $55 per month
• Free trial: 30 days

Where it ranks

Lili is No. 8 in our Best Accounting Software for Freelancers verdict.