Freshbooks Cloud Accounting Software
Best value

Freshbooks

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7.4/10 (Expert Score)
Product is rated as #11 in category Accounting Software
PROS:
  • Many useful features
  • Handles multiple currencies
  • Saves time with automation
  • Simple GST management
  • Tracks assets easily
  • Clear financial reports
CONS:
  • Limited customization

What is FreshBooks Accounting Software?

FreshBooks is a user-friendly business accounting software designed to simplify managing your business finances. It caters to freelancers, solopreneurs, and small to medium-sized businesses by offering a complete set of tools for accounting, invoicing, expense tracking, and payments. It covers all key areas of financial accounting, such as advanced invoicing, expense management, double-entry accounting, and payroll. With its robust features, FreshBooks enables informed decision-making to help your business grow.

Why Choose FreshBooks Accounting Platform?

FreshBooks is recognized as a revolutionary tool due to its rich features and intuitive interface. With over 30 million small businesses globally using FreshBooks, here are a few reasons why it’s a preferred choice:

Simple Invoicing: Quickly create professional invoices. Automatically include tracked time, expenses, and tax calculations, and customize payment options to match your business needs.
Fast Payments: Streamline client billing, receive payments faster, and automate recurring invoices and reminders for late payments.
Expense Tracking: Easily manage expenses with mobile receipt scanning, bank imports, and automatic expense categorization.
Real-Time Financial Insights: Get a clear overview of your financial status with double-entry accounting and in-depth financial reports. Share access with your accountant for smooth collaboration.
Automation for Efficiency: Automate routine tasks, saving time and minimizing errors, so you can focus more on growing your business.
Exceptional Support: Experience dedicated customer support from knowledgeable representatives who are ready to assist you at every step.

Advanced Features of FreshBooks

Mileage Tracking: Easily track and report your business mileage.
Comprehensive Reporting: Generate detailed financial reports to make informed decisions.
Client Management: Manage all client interactions and communications in one centralized platform.
Mobile Accessibility: Use FreshBooks on the go with mobile apps available for Android and iOS.

Pricing of FreshBooks Accounting Solution

FreshBooks offers four pricing plans to meet various business needs. The Lite plan starts at $7.60. You can easily connect with our product experts for more information about pricing and current deals.

Features

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Accounts Receivable

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Bookkeeping Capabilities

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General Ledger

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Tax Management

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Payroll Management

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Time & Expense Management

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Asset Management

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Bank Reconciliation

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Bank Settlement

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Accounts Payable

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Multi-Currency Support

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Cost Centers

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Fixed Asset Register

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Trial Balance Preparation

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GST Report Preparation

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Return Filing

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TDS Report Generation

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GST Input Reconciliation

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Variance Analysis

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Collection Management

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Credit/Debit Notes

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Document Management

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Quotation & Estimates

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Transaction Management

Specification: Freshbooks

Deployment Type

Web Based

Business Size

Small business

Supported Platforms

Android, IOS, Linux, MacOS, Windows

Training

Videos

Customer Support

Communities, Email, Live Chat, Phone

Device Supported

Desktop, iPad, Mobile, Tablet

Language

English

Pricing

  • Lite

    $ 8 /Monthly

    For 1 Client
    Send unlimited invoices to up to 5 clients
    Track unlimited expenses
    Send unlimited estimates
    Get paid with credit cards and bank transfers(ACH)
    Run reports for an easy tax time

  • Plus

    $ 13 /Monthly

    For 1 Client
    Everything in Lite
    Send unlimited invoices to up to 50 clients
    Set up recurring invoices and client retainers
    Send unlimited estimates and proposals
    Get paid with credit cards and bank transfers(ACH)
    Automatically capture receipt data

  • Premium

    $ 24 /Monthly

    For 1 Client
    Everything in Plus
    Send unlimited invoices to an unlimited clients
    Set up recurring invoices and client retainers
    Send unlimited estimates and proposals
    Get paid with credit cards and bank transfers(ACH)
    Automatically capture bills and receipt data


FAQs

What is FreshBooks General Ledger feature?

FreshBooks' General Ledger helps track and organize all your business's financial transactions in one central location.

How does FreshBooks handle Accounts Receivable?

FreshBooks makes it easy to manage and track money owed by your clients using its Accounts Receivable feature.

Can FreshBooks cloud accounting software prepare GST reports?

Yes, FreshBooks simplifies GST report preparation, ensuring your tax filings are accurate and compliant.

Does FreshBooks support multiple currencies?

Yes, FreshBooks allows you to handle transactions in different currencies, making it perfect for global businesses.

How does FreshBooks manage assets?

FreshBooks offers asset management to help you track the value and condition of your business assets over time.

Can I create quotes and estimates with FreshBooks?

Yes, FreshBooks allows you to easily generate professional quotations and estimates for your clients.

What does FreshBooks' Payroll Management do?

FreshBooks' Payroll Management simplifies salary processing, tax deductions, and payroll compliance for your employees.

How does FreshBooks handle collection management?

FreshBooks' Collection Management helps you stay on top of overdue payments and reminds clients of outstanding balances.

Does FreshBooks generate TDS reports?

Yes, FreshBooks provides easy TDS report generation to simplify tax compliance for your business.

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