FreshBooks Pricing & Plans (2024 Guide)
FreshBooks offers a seamless accounting experience for small businesses. With its user-friendly interface and comprehensive invoicing features, it’s perfect for those seeking efficient financial management without the complexity of traditional accounting software.
- User-friendly interface for beginners.
- Comprehensive invoicing features included.
- Excellent customer support available.
- Time tracking and expense management.
- Limited features in basic plan.
- Additional users cost extra.
Free plan?
YesStarting price
$9.5 per monthWhat is FreshBooks?
How Much Does FreshBooks Cost?
FreshBooks offers a variety of pricing plans to cater to different business needs. Below is a detailed breakdown of FreshBooks’ plans, highlighting their key features for various business requirements.
FreshBooks Pricing Plans
- Track unlimited expenses to manage your finances effectively.
- Send unlimited estimates to set clear client expectations.
- Get paid with credit cards and bank transfers (ACH) seamlessly.
- Run reports for an easy tax time and financial overview.
- Set up recurring invoices and client retainers for consistent billing.
- Automatically capture receipt data for accurate record-keeping.
- Invite your accountant for seamless collaboration and support.
- Run financial and accounting reports for detailed insights.
- Track project profitability to optimize business performance.
- Customize email templates with dynamic fields for personalization.
- Automatically capture bills and receipt data for efficiency.
- Access advanced financial reports for strategic planning.
- Access to lower credit card transaction fees for cost savings.
- Remove FreshBooks branding from client emails for professionalism.
- 2 team member accounts included for collaborative work.
- A dedicated number for exclusive Select support for priority service.
Add-ons
per month per user
per month
FreshBooks Pricing Plans in Detail
Lite
The Lite plan is designed for freelancers and startups who need to manage their finances efficiently. It allows you to send unlimited invoices to up to 5 clients, track unlimited expenses, and send unlimited estimates. You can also get paid through credit cards and bank transfers (ACH) and run reports for easy tax time preparation.
Plus
The Plus plan builds on the Lite plan by allowing you to send unlimited invoices to up to 50 clients. It includes features like recurring invoices and client retainers, automatic receipt data capture, and the ability to invite your accountant. This plan is ideal for growing small businesses that require more comprehensive financial management.
Premium
The Premium plan offers everything in the Plus plan and more. It allows you to send unlimited invoices to an unlimited number of clients and track project profitability. You can customize email templates with dynamic fields and automatically capture bills and receipt data. This plan is perfect for established businesses looking for advanced financial insights.
Select
The Select plan includes all features of the Premium plan and adds additional benefits like Easy Switch for data migration, lower credit card transaction fees, and the removal of FreshBooks branding from client emails. It also includes 2 team member accounts and a dedicated number for exclusive support, making it ideal for large enterprises.
Top FreshBooks Features
Invoicing
Creating professional invoices is a breeze with FreshBooks. I found it incredibly easy to customize invoices to match my brand, and you can too. The software allows you to automate payment reminders, which means you spend less time chasing payments and more time focusing on your business. This feature is a game-changer for anyone who wants to maintain a steady cash flow without the stress of manual follow-ups.
Expense Tracking
Tracking expenses can be tedious, but FreshBooks makes it simple. I love how you can snap photos of receipts and log them instantly. You’ll appreciate the way it categorizes expenses automatically, saving you time and reducing errors. This feature ensures that you always have a clear picture of your financial health, which is crucial for making informed business decisions.
Time Tracking
Time is money, and FreshBooks helps you track it efficiently. I’ve used the time tracking feature to log hours effortlessly, and you can too. It integrates seamlessly with invoicing, so you can bill clients accurately for the time spent on projects. This feature is perfect for freelancers and service providers who need to ensure they’re compensated for every minute of work.
Project Management
Managing projects is straightforward with FreshBooks. I found it easy to collaborate with team members and clients, and you will too. The software allows you to keep all project-related information in one place, making it easier to track progress and meet deadlines. This feature is invaluable for anyone who wants to keep projects organized and on track.
Reporting
FreshBooks offers insightful reporting features that I found incredibly useful. You’ll love how it generates detailed financial reports with just a few clicks. These reports provide a clear overview of your business’s financial performance, helping you make data-driven decisions. This feature is essential for anyone who wants to understand their business’s financial health at a glance.
Mobile App
The FreshBooks mobile app is a lifesaver for managing finances on the go. I’ve used it to send invoices and track expenses from anywhere, and you can too. The app’s intuitive design makes it easy to navigate, ensuring that you can manage your business’s finances even when you’re away from your desk. This feature is perfect for busy professionals who need flexibility.
Client Portal
FreshBooks’ client portal enhances communication with clients. I found it useful for sharing invoices and project updates, and you will too. Clients can view and pay invoices directly through the portal, streamlining the payment process. This feature is ideal for anyone who wants to improve client relationships and ensure timely payments.
Recurring Billing
Setting up recurring billing is simple with FreshBooks. I’ve used it to automate monthly invoices, and you can too. This feature saves time and ensures that you never miss a billing cycle, which is crucial for maintaining a steady cash flow. It’s perfect for businesses with subscription-based services or regular clients.
Multi-Currency Support
Handling international clients is easier with FreshBooks’ multi-currency support. I’ve found it convenient to invoice clients in their preferred currency, and you will too. This feature eliminates the hassle of currency conversion, making it ideal for businesses that operate globally. It ensures that you can cater to a diverse client base without any complications.
Estimates
Creating estimates is straightforward with FreshBooks. I’ve used it to provide clients with accurate cost projections, and you can too. This feature allows you to convert estimates into invoices seamlessly, ensuring that you can close deals quickly. It’s perfect for businesses that need to provide clients with detailed cost breakdowns before starting a project.
Payment Processing
Accepting payments is hassle-free with FreshBooks. I’ve used it to integrate various payment gateways, and you can too. This feature ensures that clients can pay invoices easily, improving cash flow and reducing payment delays. It’s ideal for businesses that want to offer clients multiple payment options for convenience.
Team Collaboration
Collaborating with team members is efficient with FreshBooks. I’ve found it easy to share project details and financial information, and you will too. This feature ensures that everyone is on the same page, improving productivity and reducing miscommunication. It’s perfect for businesses that rely on teamwork to achieve their goals.
Who Is FreshBooks Best For?
FreshBooks is perfect for small businesses and freelancers seeking to streamline their accounting processes. With features like invoicing, expense tracking, and time management, it enhances financial management, allowing users to focus on business growth without getting bogged down by complex accounting tasks.
- Ideal for freelancers and consultants.
FreshBooks is a great fit for freelancers and consultants who need to manage their finances efficiently. Its invoicing and expense tracking features are tailored to meet the needs of individuals who require a straightforward yet powerful tool to handle their accounting tasks.
- Great for small business owners.
For small business owners, FreshBooks offers a comprehensive suite of features that simplify accounting. From invoicing to expense management, it provides the tools necessary to keep financial records organized, making it easier to focus on business operations and growth.
- Perfect for service-based businesses.
Service-based businesses will find FreshBooks particularly useful due to its robust time tracking and billing capabilities. It allows businesses to accurately track billable hours and generate invoices, ensuring that they get paid for the services rendered without any hassle.
Frequently Asked Questions
What are the different pricing plans offered by FreshBooks?
Does FreshBooks offer a free trial?
Are there any discounts available for FreshBooks?
Can I upgrade or downgrade my FreshBooks plan?
Is there a setup fee for FreshBooks?
How does FreshBooks handle additional users?
What payment methods does FreshBooks accept?
Does FreshBooks offer refunds?
Are there any hidden fees with FreshBooks?
How does FreshBooks compare to other accounting software in terms of pricing?
Martin Lunendonk
Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.
