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FreshBooks cloud accounting review

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A cloud-based solution that plays nice with small businesses — and bank accounts, but not if you are selling hard goods.

Whether you're venturing out on your own or spearheading a startup, to helm a small business is exciting.

Details

Price$15 /month $162 /year
Free trial?Yes
PlatformsWindows, Mac, iOS, Android

Choose from multiple packages based on your business needs, with the option of paying monthly or yearly.

Pricing and packages

FreshBooks is so certain you'll want to join the 10 million small business owners it claims to support, it offers a 30-day free trial with no obligation or credit card required. Make the most of that month using real business information to see if it can fit your needs.

When you're ready to sign on, you'll choose from monthly or annual plans offering a range of accessibility.

PlanDetailsPrice
LiteFor up to five clients, enables you to:

  • Generate unlimited invoices and estimates.
  • Track time and expenses.
  • Process online credit card payments.
  • Import expenses from a bank account.
US$15 a month when billed monthly

US$13.50 a month when billed annually

PlusFor up to 50 clients, enables you to:

  • Generate unlimited invoices and estimates.
  • Track time and expenses.
  • Process online credit card payments.
  • Import expenses from your bank account.
  • Send payment reminders.
  • Add late fees on overdue payments.
  • Schedule recurring invoices.
  • Send estimates and proposals.
US$25 a month when billed monthly

US$22.50 a month when billed annually

PremiumFor up to 500 clients, enables you to:

  • Generate unlimited invoices and estimates.
  • Track time and expenses.
  • Process online credit card payments.
  • Import expenses from your bank account.
  • Send payment reminders.
  • Add late fees on overdue payments.
  • Schedule recurring invoices.
  • Send estimates and proposals.
US$50 a month when billed monthly

US$45 a month when billed annually

Note: Prices on the FreshBooks website are listed in USD.

Features and benefits

  • Invoicing. Customisable, professional invoicing at your fingertips.
  • Estimates. Quickly deliver accurate estimates and proposals.
  • Online billing. Accept and process online credit card payments.
  • Time tracking. Securely track all billable hours.
  • Track spending. Automatically import expenses.
  • Project budgeting. Stay on top of your team’s spending budget seamlessly.
  • Dashboards. Keep track of of your most valuable and useful information.
  • Reports. Easily access business insights.

Is FreshBooks right for my business?

FreshBooks is an affordable and flexible option for small to medium-sized businesses. However:

  • If you run a large enterprise, especially with more than 500 clients, you may want to explore a more robust system like Quickbooks.
  • FreshBooks is designed for businesses that generate revenue by providing services. If you run a retail or online e-commerce business, you won't get as much value out of this program.

How to sign up for FreshBooks

Sign up for FreshBooks on its site to take advantage of a 10% discount and 30-day commitment-free trial. At the end of your trial, you can choose a plan that suits your business, provide your address and credit card information — and you are all set.

Accounting software options

Name Product Price Free Trial? Platform
MYOB
$5-$30 per month (For the first 3 months)
Yes
Windows,Mac,iOS,Android
Sage Business Cloud Accounting
$13.79-$34.48 per month
Yes
Windows,Mac
QuickBooks Online
$10.34-$21.38 per month
Yes
Windows,Mac,iOS,Android
FreshBooks
FreshBooks
$20.69-$68.96 per month (up to 500 clients)
Yes
Windows,Mac,iOS,Android
Zoho Books
Zoho Books
$12.41-$40 per organization/month
Yes
Windows,Mac,iOS,Android,Linux
Dynamics 365
Dynamics 365
$158.60-$289.62 per user/month
No
Windows,Mac
Wave Accounting
Wave Accounting
Free
No
Windows,Mac,iOS,Android
SAP S/4HANA Finance
SAP S/4HANA Finance
Quote only
No
Windows,Mac
Receipt Bank
Receipt Bank
$20.67-$303.42 per month (up to 675 items)
Yes
Windows,Mac,iOS,Android,Linux
AccountEdge Pro
AccountEdge Pro
$550.23 (one-time fee)
Yes
Windows,Mac,iOS,Android
Yendo
Yendo
$39.99-$412.32 per month (up to unlimited users)
Yes
Windows,Mac,iOS,Android
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