FreshBooks is an invoice and accounting software for small and medium-sized businesses hosted in the cloud. It is a simple solution for creating invoices, organising expenses, running accounting reports, and other tasks.
I am being compensated. FreshBooks accounting software may be accessed via a web browser on any computer or via the FreshBooks app when on the road.
Who Makes Use of FreshBooks?
FreshBooks is perfect for freelancers, self-employed professionals, and small businesses that use contractors. Consultants, SMB owners, creative agencies, marketing businesses, and AEC firms are among the most frequent customers.
Beyond Creative, Pink Shark Marketing, ACE Connections, PandaDoc, Bench Accounting, and Gartner are among the FreshBooks clients.
Languages Supported by FreshBooks
Users may submit invoices and estimates in French, Danish, Dutch, Estonian, German, Italian, Norwegian, Portuguese, Romanian, Spanish, Spanish (Latin America), and Swedish, although the FreshBooks interface is only available in English.
Why Should You Use FreshBooks?
FreshBooks is preferred by small business owners because of its welcoming and easy interface, which allows them to focus on their business rather than their accounting software. It provides a complete collection of tools that expedite accounting operations and responsibilities, allowing a small business to do more.
Users may consolidate data, manage time and costs, accept online payments, and do tasks that save business time and money. It also assists owners in making better decisions by providing real-time data and comprehensive reporting. Customers particularly praise FreshBooks' customer service.
Company Information
FreshBooks is produced by 2ndSite Inc., a privately held software firm based in Toronto, Ontario, Canada. Michael McDerment and Levi Cooperman co-founded it in 2003 to provide an accounting solution for self-employed professionals and their teams.
In more than 160 countries, over 24 million people use FreshBooks software to manage their accounting and invoicing needs.
Characteristics and Strengths
1. Accounting, invoicing, and payment processing
FreshBooks offers simple, double-entry accounting that guarantees accuracy and compliance. It assists customers in identifying revenue items and corresponding costs in order to provide accurate profit and loss computations. Automatic checks and balances help in ensuring that debit and credit amounts are equal.
Users can grant their accountants exclusive access to financial data and reports in order to better serve the business. It also includes automatic bank reconciliation, accounts payable, and credit management. FreshBooks allows users to quickly create professional-looking invoices and accept payment online via credit cards and ACH. Invoicing options also include automated payment reminders, credit card payments, partial deposit requests, and client retainers.
2. Tracking Time and Expenses
Users can log their hours and have them automatically added to an invoice thanks to integrated time tracking. It also includes an hourly breakdown, a built-in timer available in the mobile app and as a Chrome extension, and a team timesheet.
FreshBooks also includes expenditure tracking, which allows users to conveniently report and manage spending in order to track cash flow. Users enable the programme to update their account with the most current expenditure by linking their bank account and credit card. Users may track spending by photographing their receipts and recording them in the programme. It also provides expenditure classification, billable expense marking, and project expense monitoring for budgeting.
3. Project Management, Reporting, and More
Through the programme, company owners and their teams may cooperate on projects with their contractors and business partners. FreshBooks offers centralised file storage with built-in permissions to ensure secure access. Users and their visitors may communicate to get immediate feedback.
It also includes profitability features such as a quick breakdown, summary, and comprehensive reports. It includes pre-built financial reports, estimations, and proposals, as well as iOS and Android apps, client management, and an automated mileage tracker.
FreshBooks Cost
FreshBooks payment plans are divided into tiers based on the number of billable clients. Plans can be paid monthly or annually. Paid add-ons and a 30-day free trial are also available.
FreshBooks Cost
FreshBooks payment plans are divided into tiers based on the number of billable clients. Plans can be paid monthly or annually. Paid add-ons and a 30-day free trial are also available.
FreshBooks Lite costs $6 per month or $108 per year.
Support for up to five billable clients is included in the Lite plan. It is perfect for professionals that want basic bookkeeping and invoicing.
FreshBooks Plus costs $10 per month or $180 per year.
Users on the Plus plan can send invoices to up to 50 chargeable clients. It also includes tools for handling recurring billing, customer retainers, and e-signatures, as well as producing double-entry accounting reports.
FreshBooks Lite costs $6 per month or $108 per year.
Support for up to five billable clients is included in the Lite plan. It is perfect for professionals that want basic bookkeeping and invoicing.
FreshBooks Plus costs $10 per month or $180 per year.
Users on the Plus plan can send invoices to up to 50 chargeable clients. It also includes tools for handling recurring billing, customer retainers, and e-signatures, as well as producing double-entry accounting reports.
