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Invoice Ninja - Invoice Ninja is a free, open-source solution for invoicing and billing customers.
Xero - Xero is online accounting for your small business.
Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.
Wave Financial - Award-winning financial software designed for entrepreneurs.
GnuCash - A personal and small-business financial-accounting software, licensed under GNU/GPL and available for Linux, Windows, Mac OS X, BSD, and Solaris.
QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.