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The maximum is 20, which can be quite limiting to a busy professional. Overall, FreshBooks is easier to use but limits the number of billable clients to five. So it will be up to the business owners to determine which limit will be more detrimental to business needs. Like other accounting software we reviewed, FreshBooks is 100 percent cloud-based, so there isn’t any desktop software to install. However, this also means an internet connection is necessary to use the software.
You can create a new project (above) in minutes, with the option to choose a flat-rate project or an hourly project. All you need to do is assign the project to a client, enter the project services you’ll provide, and enter either the flat-rate amount or the hourly rate for the project, and you’re good to go. Creating a project can be particularly helpful if you tend to forget to track your time properly since potentially every service you sell can be a project. FreshBooks competes with other popular accounting software tools like QuickBooks, Wave, and Zoho Books. In terms of usage and the user experience, we found it to be most similar to Wave. From there, you’ll choose the client the work is being done for, add the service you are working on, and make a note of what you’re doing.
FreshBooks Specs
We found the complete setup takes about an hour with sample data manually entered. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. The FreshBooks Dashboard includes a welcome screen (above) that displays your setup progress.
Over 100,000 customers currently use FreshBooks for their accounting and invoicing purposes. The tool was designed exclusively for small and micro businesses, so it offers a notably basic interface and intuitive user experience. FreshBooks is accounting software with an extremely intuitive interface, loads of integrations, and excellent customer support. However, it’s probably best suited for smaller to mid-sized businesses as the cost of adding additional users can add up, and there are some key missing features such as built-in payroll.
FreshBooks’ Mobile Apps
FreshBooks also gets a thumbs up for its try-free option, which lets you explore the package and cancel within 30 days if it’s not right for your needs. FreshBooks is a well worth considering if you’re a small to medium-sized business or sole-trader looking to simplify your accounting needs within the convenient confines of an affordable package. FreshBooks freshbooks has a rating of 3.4 stars from 10 reviews, indicating that most customers are generally satisfied with their purchases. FreshBooks also has resources that demonstrate how to use the software, and you can type your question into the integrated toolbar. We found FreshBooks to have an edge over QuickBooks Online in the customer support department.
