IQ Document vs Daily Closing
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
IQ Document
Easily create and send professional invoices and work orders. Track expenses, add worked hours, and materials. Collaborate with colleagues and send documents directly to customers for faster payment.
- Create invoices and work orders
- Add expenses, hours, and materials
- Collaborate with colleagues
- Send documents via email
- Customize document content
- Generate detailed reports
Read full descriptionHide full description
Use IQ Document to easily create invoices and work orders. Add all your expenses and the result is a document you can send to your customer and yourself. We know that you don't want to scroll through a list of countless options or want to spend a lot of time on getting to know how to use the app. That's why IQ Document is easy and simple to use. IQ Document allows you to add all your expenses and work together with colleagues/employees. The result is a clean document which you can send to yourself and your customer. IQ Document allows you to select what items and which prices you want to use for your documents. You can even send additional documents with more detailed information. The app offers everything your company needs. Add worked hours, travelling hours, kilometers, overnight stays and materials to your document. Or only select the items that you need. Collaborate on documents by all being able to add expenses to it. Just add an user to your company and you can instantly start working together. After you finished a document you can directly send it to your customer or to yourself by mail. That way you receive your money quicker. You can customise what will be on your document and what will be on your customers. For example, you can add notes which will be only visible on your document. IQ Document allows you to (automatically) send extra documents with detailed information. Subsequent calculation can be done easily and quickly. Want a list of all worked hours with or without prices for example? No problem, we got you.
Daily Closing
This app provides a straightforward way for small businesses to track daily income and expenses. It offers reporting features and allows for staff access management, simplifying financial record-keeping without complex accounting software.
- Record daily income and expense entries
- Manage income and expense items
- Generate daily, monthly, yearly, and item-based reports
- Share reports as PDF
- Manage staff access and permissions
- Multi-language support
Read full descriptionHide full description
Daily Closing helps small businesses record daily income and expenses, review business activity, and generate useful reports. The app is designed for shop owners, small business teams, and staff who need a simple way to manage daily ledger entries without complex accounting software. Anyone can create an account, start a trial, and subscribe to continue using Daily Closing for their business. Key features: - Record daily income and expense entries - Manage income and expense items - View daily, monthly, yearly, and item-based reports - Share reports as PDF - Manage staff access and permissions - Support for English, French, Spanish, Portuguese, Arabic, and Malayalam Daily Closing is intended for business use. A subscription gives access for one business account, and business owners or administrators can invite staff members with controlled permissions. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Screenshots
Verdict
The clearest difference is in-app purchases: IQ Document at none against Daily Closing's 1. IQ Document also leads on iOS requirement (13.0 vs 15.0). Daily Closing's advantage is update cadence (every 5 days vs every 6 months). On price, ads and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Daily Closing sells 1 in-app purchase, starting at $2.99 per month. IQ Document asks for nothing beyond the download.
IQ Document ships an update every 6 months, Daily Closing every 5 days. The most recent releases landed on September 10, 2026 and September 18, 2026 respectively.
| Parameter | IQ Document | Daily Closing |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) — better | — |
| Positive reviews | — | 100.0% of reviews |
| Number of ratings | 1 — better | — |
| Update frequency | Every 6 months | Every 5 days — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Freemium |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 13.0 — better | 15.0 |
| Further details — not scored | ||
| Size | 80 MB | 77 MB |
| Age rating | 4+ | 4+ |
| Developer | JM Software | Irshad Pp |
Customer experience
IQ Document
Daily Closing
In-app purchases
IQ Document
No in-app purchases
Daily Closing
- Daily Closing Monthly$2.991 Month









