Accounting
FreshBooks
Accounting that works for you
FreshBooks is cloud-based accounting software designed for freelancers, solopreneurs, and small service businesses, emphasizing simple invoicing, time tracking, and expense management over complex enterprise accounting. It uses client-based pricing with limits on billable clients per tier, making it cost-effective for low-client-volume users but pricier for scaling teams. Ideal for non-accountants needing professional billing tools without deep financial reporting needs."
Visit FreshBooks →Key Features
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Bank reconciliation
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Expense tracking
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Financial reports
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Free plan
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Inventory tracking
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Invoicing
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Mobile app
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Multi-currency
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Payroll
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Tax preparation
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Third-party integrations
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Time tracking
Pricing
Lite
$19.00/mo
5 billable clients, 1 user
Plus
$33.00/mo
50 billable clients, 1 user
Premium
$70.00/mo
Unlimited billable clients, 1 user
Select
Custom
Custom for enterprises
Pros
- Ease of use simplifies accounting for non-accountants (154 mentions on G2)
- Quick invoicing saves time on financial management (80 mentions on G2)
- Exceptional customer support with fast responses (69 mentions on G2)
- Visual invoice calendar clarifies payment status
- Time tracking feels productive and auto-populates invoices
- Streamlines small business operations from setup to payments
Cons
- 5-client limit on Lite forces upgrade for more clients
- Expensive for growing teams at $11 per additional user/month
- Limited advanced reporting and customization options
- High payment processing fees over 3% per transaction
- No access to historical data after cancellation
- Duplicate expense issues with bank sync and manual entry