FreshBooks
FreshBooks handles your invoicing, expenses, and accounting so you can focus on running your business instead of managing paperwork.
Overview
FreshBooks is cloud-based accounting software built for small business owners, freelancers, and solopreneurs who need to get paid, track expenses, and stay ready for tax time without hiring a bookkeeper. Plans start at $6.90 per month and cover the core tasks that eat up your time: sending invoices, tracking billable hours, scanning receipts, and accepting payments via credit card, ACH, Apple Pay, Google Pay, and Buy Now Pay Later. The software pulls bank transactions automatically, sends late payment reminders on your behalf, and lets your accountant log in directly to pull reports. PCMag, G2, Forbes, and Capterra each rate FreshBooks at 4.5 out of 5. Over 30 million small businesses have used the platform. A 30-day free trial and a 30-day money-back guarantee on paid plans mean you risk nothing to test it.
Features
- Automated recurring invoices with scheduled late fees and payment reminders
- Receipt scanning with automatic expense data capture
- ACH, credit card, Apple Pay, Google Pay, and Buy Now Pay Later acceptance
- Unlimited time tracking that converts directly to invoices
- Tax-time reports plus double-entry accounting and bank reconciliation on Plus and above
Best for
FreshBooks fits service-based small businesses and freelancers who bill clients for time or projects and need invoicing, expense tracking, and basic accounting in one place. It works especially well for owners with up to 50 active clients who want their accountant to have direct access to the books.
Why this SMB score
FreshBooks earns an 8 because it covers invoicing, payments, expenses, and accounting in one affordable platform with strong third-party ratings, but client caps on entry plans and per-user fees limit its value for businesses that are actively growing a team.