Scorecard

FreshBooks: plans, prices and score

52

Pros

  • Top invoicing level on the list
  • Receipt capture and reconciliation on Plus and Premium
  • Rated 4.5 from 4,529 Capterra reviews
  • Trial with no credit card needed

Cons

  • No inventory credit
  • Reports earn only basic credit
  • Shopify arrives through a partner app

Verdict

An invoicing-first tool for service businesses, with the top invoicing level and little credit for inventory, reports or store connections.

Key details
FreshBooks
Type
Software
Starting price
$23 a month freshbooks.com/pricing
Free plan
No
Rating
4.5 on Capterra

Plans and prices

Lite $23 a month
Plus $43 a month
Premium $70 a month
Select Quote only
52 Score by criterion
Full scorecard
Price for one business Weight: 20
A published plan covers one business, and its price sits in the lower band for its kind.
Cost of a second business Weight: 15
No credit for the cost of a second business.
Bank feeds and reconciliation Weight: 15
Live bank feeds are listed, and reconciliation is limited or sits on a higher plan only.
Invoicing Weight: 10
Everything in the level below, plus time or project billing, multi currency invoices or invoice automation, all on the entry paid plan.
Receipt capture Weight: 10
Receipts are read automatically into amounts, dates and vendors.
Financial reports Weight: 10
Profit and loss and balance sheet reports.
Price transparency Weight: 10
Some plans have a published price; the rest are quote only.
Customer sentiment Weight: 10
A verified review profile with a high score on a large number of reviews.

FreshBooks starts from the invoice, which is why its invoicing level is the highest in this group. Three priced plans run from $23 to $70 a month, with a 30-day trial. The nearest big rival is covered in the QuickBooks and FreshBooks matchup, and options if you are leaving QuickBooks ranks FreshBooks beside the others. For the whole field, accounting software worth shortlisting is the starting point.

Plans and score

Lite lists automated bank import and invoicing. Plus adds receipt capture and bank reconciliation, and Premium keeps both. It rates 4.5 from 4,529 Capterra reviews. Reports earn only basic credit, and inventory earns none.

To see the best-known rival on the same rubric, QuickBooks Online on the rubric lists every level. Owners who want to know who records and who advises can read bookkeeper and accountant roles. A busy month of invoices can also be handed off, and what a month of bookkeeping help costs gives the range.

Who should look elsewhere

QuickBooks Online earns a higher reports level, Wave earns a higher price level for one business, and Xero earns a higher bank-matching level, so each is listed under the point where it scores above FreshBooks. A business with no budget for software can look at free versions worth using.

FreshBooks earns no credit for the cost of a second business, so a second set of books is a question to ask the vendor. More answers sit in other bookkeeping answers.

Quick answers

The points system explains how the invoicing level turns into a rank. A seller who also stocks products may prefer accounting for stores that ship.

Common questions

How much does FreshBooks cost?

Lite is $23 a month, Plus is $43 and Premium is $70. Select is quoted. A 30-day trial comes first.

Which plan has bank reconciliation?

Plus and Premium list bank reconciliation and automatic receipt capture. Lite lists automated bank import.

How is FreshBooks rated?

It rates 4.5 from 4,529 reviews on Capterra.

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