In this FreshBooks review, I have come up with a complete analysis of Freshbooks overview, pricing, alternative, and more.
If you own a small business or work as a freelancer, you’re probably used to managing several clients, payment dates, invoices, and more—always there’s another thing to remember.
It is an accounting software aimed at sole proprietors, freelancers, and small businesses.
FreshBooks overview
FreshBooks is a simple and user-friendly cloud-based accounting program that is available from any device. It is simple to generate invoices, view invoice payments, and perform other routine duties.
FreshBooks provides excellent flexibility, which is a significant benefit for service-based firms that bill clients.
Freshbooks is primarily geared toward small and medium-sized enterprises.
It is a browser software as a service (SaaS) approach, accessible via desktop or mobile device. The company was established in 2003 in Toronto, Canada.
FreshBooks is a cloud-based accounting application that allows you to create and send an unlimited number of bills, handle clients and projects, and accept online payments.
It includes double-entry accounting, recurring bills, product development, mobile accounting, and many more features.
FreshBooks Review: Pros And Cons
Pros
Cons
Key Features of FreshBooks
3. Time and project management
6. Contacts and Expenses Tracking
1. Integrations
You may add features to FreshBooks or connect them with other business programs that you already are using for analytics, scheduling, advertising, and tax support, among other things.
No coding is necessary to link FreshBooks to thousands of the most popular apps, allowing you to automate your job and devote more time to what matters most.
2. Mobile Application
FreshBooks’s Mobile application for iOS and Android smartphones has almost all of the functionality present in the online version of the product.
You may manage billable hours, capture images of receipts and expenses, make and send invoices, interact with clients, and collect fees.
Automatic mileage tracking is a feature of the FreshBooks mobile apps that I’ve previously only seen in the QuickBooks Online app.
FreshBooks monitors your mileage as you drive if you run the software with your phone’s location services enabled. You can mark journeys as personal or professional and add missed excursions if necessary.
3. Time and project management
FreshBooks may act as the central location for your projects. After introducing participants, customers, and staff to projects, you are able to share documents and notes and establish deadlines.
Your participants and staff can track their time, enabling you to simply measure the number of hours devoted to a project. You can also invoice customers for tracked hours and project-related expenses.
4. Invoicing
FreshBooks facilitates the creation, transmission, and management of bills. FreshBooks makes creating invoices simple.
The invoice screen displays precisely how your papers will look when they are sent, so you do not need to select a preview option to verify their appearance.
You can add new clients, products or services, summaries, terms, and notes by clicking on the relevant fields; you do not need to create them on a different screen and then add them to a bill.
To reorder lines on an invoice, simply drag and drop them into position.
You can submit invoices from anywhere, including your phone, thanks to the mobile app that FreshBooks provides.
If you have customers from other countries, you’ll find that FreshBooks’ support for numerous languages and currencies is an extremely helpful and practical tool.
5. Quick Payments
When you connect your Stripe account to FreshBooks Payments and send electronic invoices to customers, you are able to accept credit card payments through the platform.
This enables your customers to make instant payments by clicking a payment button that is displayed on the electronic invoices that you send them.
Because this information is stored within each invoice, you won’t need to manually manage it in any way. Instead, you’ll be able to easily see how much your customers have paid and whether or not there are any unpaid balances.
6. Contacts and Expenses Tracking
In FreshBooks, you create a new Client record by entering the client’s name and contact information, or as much as you know.
You can modify a Client’s invoice attachments, reminders, late fees, currency, and language as you create them.
For each client you add, FreshBooks will create a client webpage. FreshBooks will add more information to the client webpage after you have a billing history with them.
You can use the app to take a picture of a receipt and add it as a cost.
Then you may categorize them, associate them with transactions from your bank account or credit cards, and mark them as billable so you can include them in bills.
Expenses can be associated with projects or clients, allowing you to keep track of your spending and stay under your budget.
FreshBooks has Everything What small business needs
FreshBooks provides all of the features that are necessary for very small enterprises, as well as some tools that are necessary for larger businesses.
Although the website has undergone significant transformations over the past few years, it continues to be our Editors’ Choice for very tiny businesses such as freelancers and single proprietorships.
You shouldn’t have too much trouble understanding how the most recent version of FreshBooks operates, even if you’ve never used it before.
FreshBooks offers an attractive design and navigation tools that are simple to operate.
However, before you make the transfer from FreshBooks Classic, you should verify with the company to ensure that all of the features that are essential to your business are included.
Freshbooks Pricing And Plans
Mainly FreshBooks has three pricing plans.
1. Lite Plan
You are able to charge up to five different customers with the Lite plan, which costs $7.50 per month. You will be able to link with your bank account, take money for invoices, keep track of the time you work, and access the mobile app.
There is no limit placed on the number of estimates or invoices that can be generated by the user.
Top features of Lite plan:
- Send unlimited invoices to up to 5 clients.
- Access anywhere on iOS and Android.
- Track unlimited expenses.
- Track sales tax & see reports.
- Send unlimited estimates.
- Get paid with credit cards and bank transfers.
2. plus plan
The Plus plan costs $7.50 per month and allows you to bill up to 50 clients. It is the most widely used strategy. You may send periodic bills, set up automated payment reminders, and assess late fees.
This plan includes free FreshBooks collaboration with your accountant.
Top features of Plus plan:
- Send unlimited invoices to up to 50 clients
- Get paid with credit cards and bank transfers
- Mobile mileage tracking
- Run business health reports.
- Automatically capture receipt data.
- Automatically track expenses.
- Send unlimited estimates and proposals.
- Invite your accountant.
- Set up recurring billing and client retainers.
- Access anywhere on iOS and Android.
- Double-entry accounting reports.
3. Premier Plan
You are able to charge up to 500 customers with the Premium plan, which costs $27.50 per month.
This plan covers everything that is included in the Plus plan, in addition to having capabilities that are upgraded for tracking and reporting.
Top features of Premier plan:
- Send unlimited invoices to an unlimited amount of clients.
- Track Bills, Bill Payments & Vendors with Accounts Payable.
- Track project profitability.
- Customize email templates with dynamic fields.
- Run business health reports.
- Automatically track expenses.
- Automatically capture bills and receipt data.
- Automatically send late payment reminders and bill late fees.
- Get paid with credit cards and bank transfers.
- Customize email signature set paid with checkout links.
- Set up recurring billing and client retainers.
- Mobile mileage tracking.
- Run financial and accounting reports.
- Invite your accountant.
- Access anywhere on iOS and Android.
- Send unlimited estimates and proposals.
Conclusion
Overall, FreshBooks is a service that should be given significant consideration by sole proprietors of small businesses, independent contractors, and anyone else who needs to send invoices and collect payments online.
However, if you have a larger team, require more granular control, or need access for more than one person, you may find that alternatives such as QuickBooks are better suitable for your needs.
You may get more information about the top billing programs that are open to you by reading this post.
Frequently Asked Questions
Is FreshBooks a reliable source?
Every month, millions of businesses use FreshBooks, making it one of the most popular software options available. The service’s features are well-received, and many users report being pleased with their decision to choose FreshBooks as their accounting platform.
Is FreshBooks and QuickBooks the same?
If you’re in the business of selling things or retail goods, QuickBooks is the best accounting software to use, while FreshBooks is the best accounting software to use if you’re a freelancer. QuickBooks allows you to keep track of your daily sales from any channel and integrate with other e-commerce platforms like PayPal, Square, and Shopify.
Is FreshBooks hard to learn?
FreshBooks has some of the greatest customer assistance around, and it’s really simple to use. It is also unusual in that it includes pre-made suggestions. Some small enterprises might benefit from this software.
What is FreshBooks best for?
FreshBooks is one of the top accounting apps that you can use in the cloud. It was made so that businesses could handle their finances in a safe and easy way. FreshBooks makes it easy and effective to keep track of expenses, invoices, reports, and time.
Does FreshBooks do payroll?
To assist owners with payroll, FreshBooks has teamed with Gusto, the top small business payroll system in the United States. provide payroll services, benefits, and human resource solutions It provides full-service payroll, managing everything from payroll taxes to HR inquiries.
What is the difference between Xero and FreshBooks?
The main differences between Xero and Freshbooks are that Xero costs $9 a month and is more expensive, while Freshbooks costs $4.90 a month and is less expensive. Freshbooks is more for people who need help with their paperwork, while Xero is more for small and medium-sized businesses and accounting firms.
Who uses FreshBooks?
FreshBooks has been utilized by more than 30 million users in more than 160 countries to simplify tasks including billing, spending, payments, and financial reporting. FreshBooks is made specifically for company owners, their staff, and their clients, whether you’re just starting out or have years of experience managing an agency or corporation.
Does FreshBooks do accounting?
FreshBooks is a user-friendly, cloud-based accounting program that is available on all of your devices. Creating invoices, viewing invoice payments, and performing all other routine chores are simple. Great functionality is provided by FreshBooks, which is a huge bonus for service-based firms that invoice customers.
Can you do bookkeeping with FreshBooks?
You may maintain command of the financial aspects of your company even while you’re not at your desk thanks to the mobile app that comes included with the FreshBooks accounting software. Establish a connection with your customers.
Can I import FreshBooks into QuickBooks?
The FreshBooks Connector app does not cost anything to use. Data can be synchronized in both directions, automatically, between FreshBooks and QuickBooks Online.