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Accounting

FreshBooks

Accounting that works for you

6.8/104.5/5Free plan availablefree-trial

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."

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Key Features

Bank reconciliation
Expense tracking
Financial reports
Free plan
Inventory tracking
Invoicing
Mobile app
Multi-currency
Payroll
Tax preparation
Third-party integrations
Time tracking

Pricing

Lite
Free
Billable Clients: 5 Clients
Plus
Free
Billable Clients: 50 Clients
Premium
Free
Billable Clients: Unlimited
Select
Free
Billable Clients: Unlimited
Plus
$12.90/mo
70% Off for 4 Months; Was $43.00; Save $120.40*

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

Compare FreshBooks vs...

See all FreshBooks alternatives →Full FreshBooks pricing breakdown →

Frequently asked questions

What is FreshBooks?

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."

How much does FreshBooks cost?

FreshBooks offers a free plan. Paid plans start at $12.9/month.

Does FreshBooks have a free plan?

Yes, FreshBooks offers a free plan.

What are the best FreshBooks alternatives?

Top alternatives compared with FreshBooks include Wave Accounting, Xero, Zoho Books.