FreshBooks Cloud Accounting
Article by Maurice Draine, Last update at June 27, 2022
Whether you're just starting a business, or you have a well-established company that you started years ago, FreshBooks has the ability to help improve your business. FreshBooks is a successful and highly rated accounting software that helps you easily keep track of your business, while also keeping up with your life through the security and convenience of their cloud operating system. With professional design and reasonable prices, it's no wonder why FreshBooks is at the top of the list for small business accounting software.
- Time and Attendance
- Online Setup
- Inventory Management
- Mobile Friendly
- Small business
- S - L Business
Key Features
- Invoicing, Expenses and Time Tracking
- Easy-To-Use Double-Entry Accounting Tools
- Accept Credit Cards and Get Paid Faster
- Streamline Your Workflow with Project Management Tools
- Simple Financial Reports For Powerful Business Insights
- Work Anywhere with the FreshBooks Mobile Apps
Pricing
FreshBooks offers different tiers of service with differing price points, all of which have valuable assets to match any small business owner’s needs. Lite, Pro, and Premium all offer a free trial period for new customers.
Lite: For Self-Employed Pros ($15 Per Month)
- 5 Billable Clients
- Unlimited & Customizable Invoices
- Unlimited Expense Report Entries
- Accepts Credit Card Payments Online
- Accepts ACH Online Bank Transfers
- Automated Bank Importing
- Unlimited Time Tracking
- Unlimited Client Estimates
- Insightful Tax Time Reports
- Custom Functionality and Workflows with over 200 Integrations
- Additional Team Member Access ($10 per person)
Plus: For Small Businesses with Big Aspirations ($25 Per Month)
- 50 Billable Clients
- All Lite Features Included
- Unlimited Proposals
- Automated Recurring Invoices
- Double Entry Accounting Reports
- Scheduled Client Late Fees
- Automated Client Late Payment Reminders
- Client Retainers
- Advanced Payments ($20 Per Month)
Premium: For Continually Growing Businesses with Team Dynamics ($50 Per Month)
- 500 Billable Clients
- All Lite and Plus Features Included
Select: For Thriving Businesses That Need Custom Care and Service Through FreshBooks
- All Previously Listed Features Included
- Personal Account Manager
- Customized Team Training
- Low Credit Card Transaction Rates
- Easy To Use QuickBooks and Xero Integration
Things To Note
FreshBooks’ distinct features are valuable to all different levels of small businesses, and most of these features are available within the first two price tiers. The most prominent difference within the price points is definitely the number of billable clients allowed per tier. The ‘Plus’ price tier is, not surprisingly, the most popular with FreshBooks users, since it offers vital features, a modest price tag, and 50 billable clients, which is within many small business’ client range.
However, no matter the price tier you choose, FreshBooks offers customized invoices that look professional and are sure to impress both new and existing clients. FreshBooks also has an easy to use dashboard, business tracking technology, and is linked with the cloud, allowing any business owner to have full access to their business’ accounting, anywhere, day or night.
In A Nutshell
FreshBooks accounting software is a viable option to all business owners, amateur and experienced. Their digital business bookkeeping is simple to use, and offers a 30-Day Money-Back Guarantee, giving you the opportunity to try the software and see how well it fits with your business model. FreshBooks’ virtual dashboard and cloud technology will also help keep your information, as well as your client’s personal information, safe and secure by using industry-standard SSL (Secure Sockets Layer) and encryption coding in prevention from cyber-attacks.
With the purchased of a monthly subscription to FreshBooks, you also will have access to their award-winning customer service team. Each and every time you reach out for help, you will be met with a real, live human response, and assistance that is so fast and helpful, it will leave you with a serious ‘wow’ factor.
Let's Dive Deeper With FreshBooks
FreshBooks is a simple-to-use system for the day to day bookkeeping of any small business, but beyond the day to day, there are also valuable tools that are waiting to be utilized.
FreshBooks accepts all major credit cards on your business' behalf with ease, and at low-cost transaction rates. This allows your customers to pay their invoices; however, they see fit. After that transaction is complete, FreshBooks also provides ACH bank transfers, making the transfer of your funds seamless.
With the help of FreshBooks, you also can send estimates to both your current and potential clients, which can help to generate new jobs and income for your company. The FreshBooks software's data tracking also allows your business to project budgets for jobs or entire financial quarters. This feature allows your entire team to stay on the same page with each project that comes up. FreshBooks applications automatically offer valuable reporting and insights on your business that can also help you during tax season.
Final Thoughts
FreshBooks business software offers competitive pricing, and their features are crucial pieces of a successful bookkeeping business model. That, coupled with their free-of-charge, Toronto award-winning customer service, makes them an intriguing option for business owners of all variations. Trying out FreshBooks is now risk free with their 30-day money-back guarantee.
