FreshBooks

Summary

FreshBooks is a cloud-based accounting software for small and medium-sized businesses, particularly service-based business owners and independent professionals. It offers a range of features including invoicing, expense tracking, time tracking, and online payments, making it a comprehensive tool for managing financial operations. FreshBooks is known for its user-friendly interface and robust integration capabilities with other business applications.

Key features

• 📝 Invoicing: Create and send professional invoices, track payments, and automate follow-ups.
• 📊 Expense Tracking: Record and categorize expenses, attach receipts, and generate expense reports.
• ⏰ Time Tracking: Track time spent on projects and clients, and generate time-based invoices.
• 📈 Bookkeeping: Offer monthly bookkeeping services, catch-up bookkeeping, and tax advisory services to keep financial records up-to-date and compliant.
• 🔄 Integration: Integrates with over 100 other applications and services, including eCommerce and payroll systems.
• 🚗 Mileage Tracking: Track business miles and generate reports for tax purposes.
• 📁 Project Management: Manage projects, track progress, and assign tasks to team members.
• 📊 Double-Entry Accounting: Supports double-entry accounting and industry-standard business and management reporting.

Who it’s for

FreshBooks is designed for small and medium-sized businesses, especially those in service-based industries such as freelancers, consultants, and independent professionals. It is also suitable for businesses looking to streamline their financial management, invoicing, and bookkeeping processes.

Pricing

• Lite: $19/month - Suitable for small businesses with basic needs, includes features like invoicing and expense tracking.
• Plus: $33/month - Offers additional features such as time tracking and project management, ideal for growing businesses.
• Premium: $60/month - Includes all features from the Plus plan plus advanced reporting and more users, suitable for larger businesses.
• Select: Customized plan for businesses with specific needs, includes dedicated support and additional features.
• Discounts & Promotions: 10% off with annual billing; 75% off for first 3 months.

* Pricing details may be out of date.