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FreshBooks cloud accounting review

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Karina Salce
Last updated:  

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
For 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.
 a month when billed monthly

$13.50 a month when billed annually

For 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.
$162 a month when billed monthly

$22.50 a month when billed annually

For 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.
 a month when billed monthly

$45 a month when billed annually

Features and benefits

  • Invoicing. Customizable, 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.

Find out more

Accounting software options

Data updated regularly
Name Product Price Free trial? Business size Live support?
Sage Business Cloud Accounting
Sage Business Cloud Accounting
$25 /month
Yes
S
Yes
Simple accounting for small businesses. New customers are eligible for a 30-day risk-free trial.
Go to site
View details
FreshBooks
FreshBooks
$15 /month $162 /year
Yes
S
No
Small business invoicing and accounting software that lives in the cloud so you can access from anywhere.
Go to site
View details
Intuit Quickbooks
Intuit Quickbooks
$15 /month
Yes
S
No
50% off all QuickBooks Online plans for the first 3 months. Choose from three different tiers of cloud-based accounting.
Go to site
View details
Xero
Xero
$9 /month
Yes
S
Yes
Online accounting software loaded with a large collection of apps to manage ingoing and outgoing expenses for small businesses.
Go to site
View details
KPMG Spark
KPMG Spark
$195 /month $395 /month
No
S, M
KPMG performs bookkeeping and tax prep for small businesses, and can facilitate access to payroll services through its partner, SurePayroll. Record expenses and manage mileage, live bank data, invoicing and payments, and more.
Go to site
View details
AccountEdge
AccountEdge
$50 /month
Yes
S
Yes
Run business reports for sales and invoicing, purchases, payroll, inventory and more. Annual subscription only.
View details
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