About FreshBooks
FreshBooks is accounting software built for small business owners who are not accountants. It makes invoicing dead simple, automates expense tracking, and handles time tracking for service-based businesses. If QuickBooks feels like overkill, FreshBooks is probably your answer.
Key Features
- ✓Professional invoicing with online payment links
- ✓Automatic expense categorization from bank feeds
- ✓Time tracking with billable hours
- ✓Recurring billing and late payment reminders
- ✓Project profitability tracking
- ✓Tax-ready financial reports
- ✓Multi-currency support
- ✓Mobile receipt capture via camera
Best For
- →Freelancers and solo consultants
- →Small cleaning and landscaping companies
- →Creative agencies under 20 people
- →Service-based businesses billing hourly
Limitations
- •Client caps on the Lite plan make it impractical for growing businesses
- •Inventory tracking is very basic compared to QuickBooks
- •Limited payroll — requires a separate add-on