# IQ Document vs Daily Closing

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.

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.

## The numbers

| Metric | IQ Document | Daily Closing |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (1 ratings)](https://appshunter.io/ios/app/iq-document/id1492988324/reviews)** | — |
| Number of ratings | **1** | — |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 6 months | **Every 5 days** |
| Monetization | **Free** | Freemium |
| Size | 80 MB | 77 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [JM Software](https://appshunter.io/developer/1418076803) | [Irshad Pp](https://appshunter.io/developer/1870740272) |

## What reviewers say

### IQ Document

[App page](https://appshunter.io/ios/app/iq-document/id1492988324)

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.

**Highlights:** Create invoices and work orders, Add expenses, hours, and materials, Collaborate with colleagues, Send documents via email, Customize document content, Generate detailed reports

**Features:** Vision Pro support

**In-app purchases:** none


### Daily Closing

[App page](https://appshunter.io/ios/app/daily-closing/id6782896961)

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.

**Highlights:** 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

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Daily Closing Monthly | $2.99 | per month |


## Frequently asked questions

### Is IQ Document free?

IQ Document is free to download, with no in-app purchases.

### Is Daily Closing free?

Daily Closing is free to download, with in-app purchases available.

### Do IQ Document or Daily Closing have ads?

Neither IQ Document nor Daily Closing shows ads.

### Which is updated more often, IQ Document or Daily Closing?

IQ Document ships an update every 6 months, and Daily Closing every 5 days. Most recently, IQ Document was updated on September 10, 2026 and Daily Closing on September 18, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*