FreshBooks is an invoicing and accounting software for small businesses.
This is another user-friendly programs that helps you manage the many financial aspects of running your business.
- Invoicing
- Expenses
- Time Tracking
- Projects
- Payments
- Reporting
- General Accounting
Like Wave, FreshBooks is an online platform with a mobile app. They claim to "save users up to 16 hours a month with project proposals and estimates."
They offer three subscription levels that range from $25 a month up to $50.00 per month.* With a custom option available for power users.
- Unlimited + Customized Invoices
- Unlimited Expense Entries
- Accept Credit Card Payments Online
- Accept ACH Bank Transfers Online
- Automated Bank Import
- Unlimited Time Tracking
- Unlimited Estimates
- Insightful Tax Time Reports
- Custom functionality and workflows with 200+ integrations
- Team Members ($10/person)
The entry-level Lite version offers a nice array of features but is limited to 5 billable clients. It might be a good choice for a startup consulting firm with few clients, but companies with a larger client base will need to look at the Plus subscription at $25 per month and 50 billable clients, or the $50 Premium subscription with up to 500 billable clients.
FreshBooks is a popular program and well worth a look for anyone DIY'ing their accounting.
*UPDATED 6/12/20