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FreshBooks

by FreshBooks
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Smartreview AI Trust-IQ Score™

Independent AI audit · 25 parameters across 5 domains · equal weight

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Software development lifecycle

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02

Product management

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FreshBooks overview

FreshBooks is a cloud-based accounting and financial management platform designed primarily for freelancers, self-employed professionals and small service-based businesses.

It combines invoicing, online payments, expense tracking, time tracking, estimates, proposals, project management and accounting reports in one platform. Businesses can create professional invoices, automate recurring billing, send payment reminders, accept online payments, capture receipts and monitor expenses. FreshBooks also provides financial reporting, bank connections, mileage tracking and accountant access, helping business owners maintain organized financial records without requiring advanced accounting expertise.

Higher-tier plans add capabilities such as double-entry accounting reports, bank reconciliation, project profitability tracking and accounts payable. FreshBooks is available through web and mobile applications and supports integrations with other business and financial tools. The platform follows a subscription-based SaaS model and offers multiple plans for different business sizes and needs. Its primary focus is making everyday accounting, billing and financial administration easier for small service-oriented businesses.

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Company Information

Toronto, Ontario, Canada
Vision

Empower small business owners and self-employed professionals to focus on growing their businesses by making financial management simple, accessible, and stress-free.

Mission

Make running a small service-based business easy.

Leadership team

Meet the leaders shaping our vision, product, and growth.

No leadership team has been added for this product yet.

Compliance

Our certifications and compliance frameworks that keep your data safe.

SOC 2 Type II
GDPR
PCI DSS

Pricing

All plans include core features. Per month, billed annually.

Lite
$ 2 .30/user/month
  • Up to 5 billable clients
  • Unlimited invoicing
  • Customized invoices
  • Recurring invoices
  • Automated late-payment reminders
Plus
$ 4 .30/user/month
  • Everything in Lite
  • Up to 50 billable clients
  • Unlimited proposals
  • Client retainers
  • E-signatures
Premium
$ 7 .00/user/month
  • Everything in Plus
  • Unlimited billable clients
  • Project profitability tracking
  • Accounts payable
  • Bill receipt scanning
Select
Custom/user/month
  • Everything in Premium
  • Lower credit-card transaction fees
  • Capped ACH fees
  • Dedicated/priority support
  • Customized onboarding

Features

All capabilities grouped by category.

Invoicing & Payments

  • Customizable invoices
  • Recurring invoices
  • Automated payment reminders
  • Online credit/debit card payments
  • ACH bank transfers

Accounting & Expenses

  • Expense tracking
  • Receipt scanning
  • Bank imports
  • Double-entry accounting reports
  • Bank reconciliation

Time & Business Management

  • Time tracking
  • Project management
  • Estimates and proposals
  • Mileage tracking
  • Project profitability