Although FreshBooks is a great accounting tool for small businesses, it isn’t the best option for every company.
Take a look at these Freshbooks alternatives to choose the accounting solution that works best for your business.
FreshBooks is a user-friendly piece of accounting software, but it is not perfect in any way. If you are searching for a new beginning, these options, such as QuickBooks Online, Wave, and others, are excellent choices for you to consider.
Let’s get started!
FreshBooks is accounting software with a number of helpful features that can be used by anyone from a sole proprietor to a medium-sized firm.
When it comes to accounting software for small businesses, many owners choose FreshBooks. FreshBooks has a plan tailored to self-employed people, as well as a plan designed for small businesses.
This solution is used by over 5 million companies right now to make billing clients and keeping track of time easier.
It’s also used by a lot of freelancers to speed up their sales cycle, get paid faster, and put their own logos on their documents to make them look more professional. FreshBooks is productive because it has great features and pricing plans that even small businesses can afford.
Check out our article for a FreshBooks coupon that will earn you a large reduction on the price of the subscription plan of your choice.
FreshBooks Pros & Cons
Freshbooks has many attractive features, but it also has some limitations. In the table below, I list the pros and cons of FreshBooks.
|Convenient graphical user interface.||Shattered payments system|
|The new employee orientation was quite comprehensive.|
|An extensive number of add-ons.|
|Superiorly compatible machinery.|
|Superior level of mechanization.|
|Help to pay customers from real people.|
Top 7 The FreshBooks Alternatives
Wave Apps is a free all-in-one program that helps your organization save time and money by streamlining the processes of invoicing, bookkeeping, and receipt scanning.
It is an excellent tool for sole proprietors and small businesses with less than ten employees to use.
The system can be put into place with a minimum of work required. Because the user interface is intuitive and uncomplicated, it will not take you very long to locate the information that you desire.
Wave Pros & Cons
|Excellent Dashboard.||Few app features.|
|Supports multiple currencies.|
|Free for people who don’t need to pay or get paid.|
|Excellent invoice and transaction management.|
|The features are a good choice for very small businesses.|
2. AccountEdge Pro
AccountEdge Pro is a robust, on-premise accounting tool that gives all the capabilities a growing business requires, combining the dependability of a software package with the possibility to connect remotely for individuals who need to complete activities outside the office.
When shopping with accounting software, it might be tough to find the application that’s appropriate for you.
When you eventually make your decision, your and the bookkeeper should spend a significant amount of time familiarising yourself with the application.
As your company grows, the very last thing you need is to have to seek yet another app and begin the entire process from scratch.
AccountEdge Pro Pros & Cons
|A diverse range of features.||Only the cloud-based version of the programme Intacct Accounting is available.|
|There are no monthly fees.|
|Great for all types of business(Small & Big business).|
|1099 support and auto-tax calculator make tax tracking easy.|
Xero is a kind of accounting software that runs in the cloud and connects to more than a thousand other apps. It also gives owners of small businesses the ability to examine their books remotely.
It is more cost-effective than competitors such as QuickBooks Online, and it does not penalise you for adding more users, so it is an excellent alternative for businesses that are growing quickly and need more accounting software.
Despite the recent reduction in the quality of its customer assistance, users continue to believe that Xero is a trustworthy business that offers a wide variety of helpful features.
Xero is not a good option for sole proprietorships and other types of small businesses. Users who have few or no prior experience in accounting may find Xero frightening because to the wide feature set that it offers.
Xero Pros & Cons
|The latest technology.||No phone service support.|
|It is available to anyone.|
|Basic inventory management is part of all plans.|
|All of the plans allow an infinite number of users.|
QuickBooks is capable of doing a wide variety of tasks, including accounting, marketing, payroll, tax filing , budgeting, account bank tracking and reconciling, invoicing, payment processing, cost management, accounts receivable, and accounts payable.
There is nothing particularly complex about any of these programmes, but QuickBooks Online seems to be the one that can be started and used with the least amount of initial configuration.
You may always seem to go back to the options menu and enable the function there if you decide later that you would like to use it, even if you skipped it during the installation process.
QuickBooks Pros & Cons
|QuickBooks Plus and Advanced offer inventory management.||Each plan has a set number of account users.|
|Numerous integrations with external apps.|
|It is simple to communicate information with your accountant.|
|Necessary, to locate QuickBooks specialists and online resources.|
|detailed reporting and meticulous record-keeping.|
You could use ZipBooks at no cost to generate and send invoices, track time and costs, link to your bank, and accept credit card payments.
By using ZipBooks, you may reduce the amount of time spent on your company’s financial operations while simultaneously increasing your production.
It takes care of everything you require for efficient management of your finances. It keeps a detailed record of every single penny that you spend.
This tool allows you to conduct a variety of things, including billing, reporting expenses, estimating taxes, and reporting mileage driven. expenses and business activities with money.
ZipBooks Pros & Cons
|Free starter edition.||LImited Integration.|
|Tagging elements for better organisation.|
|Easy to use on a mobile device.|
|Excellent user experience.|
|Keeping track of projects and time.|
OneUp is an accounting solution designed specifically with small enterprises, freelancers, and startups in mind.
In comparison to other apps, OneUp’s inventory management tool stands out for its sophisticated capabilities, such as the option to set both a pricing and a cost of goods.
You may set a minimum quantity in stock for any product, manage stock in several warehouses, and keep tabs on everything with the inventory management feature.
In addition to its superior inventory management, OneUp additionally provides useful features like lead management for increased efficiency when dealing with customers, vendor quotes, and sales, as well as bank connectivity and support for numerous currencies.
OneUp Pros & Cons
|The mobile application provides access to all application functions.||No payroll.|
|Appropriate for small and expanding businesses.|
|Every plan includes the same features.|
|Simple invoicing software.|
|Cost-effective pricing packages.|
7. Sage Intacct
Sage Intacct is by far the best option for financial management in the cloud. Sage Business Cloud combines the best parts of Sage and Intacct to make a business management system that does everything.
Sage Intacct’s cutting-edge financial applications are the best choice for AICPA business solutions because of the benefits cloud computing brings to accounting and finance.
Businesses that are already well-established and those that are just starting out can both use the software to grow faster and get more done.
It makes it easier to automate tasks, so you can spend more time running day-to-day operations.
It lets you make changes quickly by giving you deep insights and the ability to change. Not only do hundreds of the best CPA firms and Value Added Resellers in the world offer Intacct, but so do thousands more.
Sage Intacct is the best accounting software that can be used in the cloud. Increasing productivity and profits by making operations more efficient, keeping IT costs under control, and getting real-time financial intelligence.
Sage intacct Pros & Cons
|Sage Intacct handles quarterly upgrades.||Chart of Accounts is unusual.|
|Reporting and dashboards.|
|Various integration options.|
|The cloud platform provides 24/7 financial access.|
|Financial and nonfinancial team usability.|
Overall, We listed the top five FreshBooks alternatives for the year 2022. To help you make an informed decision.
The goal is to provide helpful suggestions so that you can make an informed decision when selecting an accounting program.
We recommend that you look into the features of each tool on our list and choose which one best suits your needs before making a final choice.
Then, before committing to utilising it, give it a test run with the help of the trial period or the free plan.
Frequently Asked Questions
Do accountants use FreshBooks?
FreshBooks is easy-to-use accounting software that is stored in the cloud and helps accountants grow their businesses faster and smarter. Let FreshBooks take care of your business’s finances so that you can focus on giving your clients the best accounting services you can.
Can you convert FreshBooks to QuickBooks?
Although there isn’t a direct tool available between Freshbooks to QuickBooks, you might look into 3rd apps that facilitate information conversion between QuickBooks versions. You should seek for a third-party tool that enables simultaneous import of multiple IIF files as a workaround.
How much does FreshBooks cost per year?
The cost and the many functions. $15 on a monthly basis, or $180 each year. Developed specifically for professionals that work on their own. Includes five billable clients.