technology.

Freshbooks is a cloud based accounting software for small businesses, agencies, and self-employed that is now used by over 24 million businesses. With the growing number of freelancers there is an enormous need for user-friendly accounting applications that someone without an accounting degree can use.

While QuickBooks by Intuit is the major player in this field it is more oriented for tax and bookkeeping professionals. Some entrepreneurs may find the Freshbooks interface to be more approachable.

Freshbooks

Who is Freshbooks for

Freshbooks is ideal for small businesses and freelancers. The pricing model which tiers based on the number of clients you have rather than features provides an incredibly powerful solution at an affordable price for independent professionals. Premium features from other accounting platforms are included in Freshbooks cheapest tier ($15/mo).

Some of the links on this page may include affiliate links to our technology partners or other solutions that we use. We only recommend products that we have used ourselves and believe to be valuable.

EASY RETAINER BILLING

Freshbooks includes retainer invoice type that let’s you invoice monthly fees and track time for billing monthly overages. Quickbooks allows for recurring invoices as well, but does not have as simple of a way to track hours and overages attached to it.

AFFORDABLE PRICING

The Freshbooks pricing model is based around the number of clients rather than feature lists. You get all of the powerful features of Freshbooks starting at the lowest tier ($15/mo) and only pay more as your client list grows. For a business that is based around hourly and retainer client work this pricing model is ideal.

MORE POWERFUL THAN EVER

Freshbooks has come a long way since it first started.as a solution for freelancers to invoice, track expenses and hours. It still serves that purpose, but now with full double-entry accounting features small businesses can track other income outside of invoices.

INTEGRATIONS

Integrations just makes life easier and Freshbooks now goes way beyond just importing transactions from bank and credit card statements.

My Recommendation

When we started Payette Media House we wanted to be able to track a complex array of income sources including client invoices, affiliate income, royalty payments, and product sales. At the time Freshbooks didn’t include the features we needed, but today that choice may have been different.

For the small agency, consumer services provider, or freelancer Freshbooks could be the ideal solution for getting paid, tracking income, and managing expenses.

IDEAL CANDIDATES

  • Management Consulting

  • Marketing and Creative Professionals

  • Legal Professionals

  • Accounting and Finance

  • Construction and Trades: Landscaping, Plumbing, HVAC, Electricians, etc

  • Real Estate: Investors, Landlords, and Airbnb hosts