Freshbooks Software Overview

What is Freshbooks?

Freshbooks Accounting Software is a cloud-based solution for medium and small scale enterprises. The accounting software helps businesses to streamline their payables and receivables in a central module. Team members can generate professional invoices and offer multiple transaction options to their clients, including digital payments. Organizations can map out feasible project timelines and claim accurate expenses by collaborating with their business associates, such as suppliers, contractors, clients, accountants, etcetera, on the integrated portal.

This accounting software for small business offers seamless integration with external platforms like Slack, Mailchimp, and Gmail. Multiple inward, and outward cash flows get managed by the software in an organized way along with regular updates on account balance. Further, the program helps businesses to generate financial reports covering all the vital areas of sales and purchase operations. Organizations can utilize the system to stay tax compliant and manage year-end tax filings. Business houses can customize language and currency according to their clients, while raising invoices.

How Does Freshbooks Accounting Software Streamline Financial Management for Organizations?

Business Decisions: The in-built analytics of software enables organizations to derive actionable insights based-on visible business data and sales figures.
Accountant Access: Enterprises can grant exclusive access privileges to professional accountants and collaborate with them for business management.
Automated Bank Reconciliation: The accounting program imports and organizes transactions like payments, equity, refunds, etc., from multiple integrated accounts. Account holders can approve matching suggestions or make modifications.
Accounts Payables: The software track recurring payments and organizes pending bills.
Reports: Enterprises can run numerous reports based on profit and loss, cash flows, and other summarised business-relevant metrics. They can export these reports to excel.
Credit Tracking: Business firms can track credit notes, pre-payments, and over-payments and apply them on future invoices. They can also manage per-client based credit notes with this system.

Benefits of Freshbooks Accounting Software

Estimates: Enterprises can transform their customized project estimates into ready-to-pay invoices. This way they can shorten the billing time and the waiting period for up-front charges.
Recurring Invoices: The advanced invoice generator of Freshbooks Accounting software, automates multiple processes in a set schedule, starting from collecting payments, sending reminders to notifying on successful submissions.

Freshbooks Accounting Software Pricing

Freshbooks accounting software pricing is available on request. To find out more about this online accounting software, you can request for a callback. Our team will reach out to you to get further information.

Freshbooks Plans & Pricing

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Freshbooks Features

Invoicing

Users can automate the entire billing process, from generating reminders to deducting amounts from their customers’ saved

Billing

The accounting software ensures accurate bill generation facilities, by enabling users to enter exact time invested on the

Purchase Order

Businesses can generate purchase orders against multiple business transactions. The accounting system automates purchase order

Import & Export

Organizations can import business-relevant data related to clients, items and expenses. Freshbooks Accounting Software, features

Reports

The online accounting software features a variety of reporting options on expenses, sales tax summary, invoice details, profit

Expense Management

Enterprises can link the software to their bank accounts, credit cards to automatically update expenses. Owners can monitor and

Online Payment

With this program, organizations can let their clients pay through bank transfers, cards, or any other online payment option.

Tax Management

With categorization formatting of tax inputs, business firms get automatic tax calculation and streamlined tax management.

Integration

Enterprises can leverage the integrational capabilities of the accounting solution and connect with more than 100 external

Invoice Template

Organizations can utilize the system to generate formal invoices. They get access to unlimited, customizable invoice

Multi-currency

With Freshbooks Accounting software, enterprises can generate invoices and accept payments from their clients in dollar,

Billing & Invoicing

Organizations can devise professional looking invoices using the invoice generator module of the software. They can add a logo

Expense Reporting

The accountants can access multiple expense reports, including profit and loss, balance statements, etc., from the system

Time Tracking

Managers can use a timer to view the total working hours spent on a project. They get access to an accurate time-log in the form

Project Management

Organizations can include their clients and vendors on the portal along with their in-house employees to collaborate on every

Invoice Payments

Enterprises can configure the expense management system to accept negotiated upfront payments for specific projects or timelines,

Reporting

With its reporting dashboard, businesses get access to numerous financial reports such as color-coded spending breakdown, sales

Account Management

Enterprises can automate debit and credit balancing. They can use the double-entry accounting tools to prove compliance, ensure

Freshbooks Specifications

Supported Platforms :
Device:
Deployment :
Suitable For :
Business Specific:
Business Size:
Language:

Windows iOS Android
DesktopMobile
Web-Based
All Industries
All Businesses
Small Business, Startups
English

Freshbooks Reviews

Have recommended this product

Overall Score

4.7/5

Based on 3 Reviews

Features 4.6/5

Value for Money 4.6/5

Ease of Use 4.6/5

Customer Support 4.8/5

We love to hear from our buyers!

If you have used the solution already, why not share your thoughts and help others make the right purchase.

A

Aniruddha

Executive, Logistics

2-100 Employees

Software user since: < 6 months

Overall

5/5

Features

5/5

Value for Money

5/5

Ease of use

5/5

Customer Support

5/5

Likelihood to recommend

10/10

“Excellent invoice feature for small business”

Pros : The excellent invoice features are very useful and helpful for a small business to make use of it.

Cons : The only thing I find least appealing about FreshBooks is the limitations on users. FreshBooks can only be used by one person.

Switched from : QuickBooks

Reason for switching : It does exactly what I need, and it's better than any other.

Posted - Aug 31, 2021

NH

NAZMUL HOQUE

Owner, Retail

Individual

Software user since: 6-12 months

Overall

4.6/5

Features

4.5/5

Value for Money

4.5/5

Ease of use

4.5/5

Customer Support

5/5

Likelihood to recommend

10/10

“Nice eye-catching UI design and very user-friendly navigation.”

Pros : FreshBooks' mobile app has the most interesting features like eye-catching UI design and very user-friendly navigation.

Cons : Freshbooks has an expense feature problem. Although it can connect to your bank account in order to pull in your charges automatically, it doesn't stay connected.

Switched from : Wave Accounting

Reason for switching : FreshBooks' mobile app has the most interesting thing to track and monitor expenses handy

Posted - Jun 23, 2020

AT

Abebe Teshome

Executive, Travel

2-100 Employees

Software user since: < 6 months

Overall

4.5/5

Features

4.5/5

Value for Money

4.5/5

Ease of use

4.5/5

Customer Support

4.5/5

Likelihood to recommend

10/10

“The overall experience with FreshBooks was great.”

Pros : It supports invoicing. What I enjoyed the most was estimating. This is important for customers who need to estimate or for projects.

Cons : FreshBooks does not offer accounting functions that are actually needed.

Reason for switching : FreshBooks is a great accounting and invoice management software for startups.

Posted - Jul 22, 2021

See all Freshbooks reviews

Freshbooks Brand Details

Brand Name	Freshbooks
Information	FreshBooks, cloud-based accounting software, allows owners to invoice clients, track time and run their small businesses in the cloud.
Founded Year	2003
Director/Founders	Michael McDerment
Company Size	101-500 Employees

Freshbooks FAQ

Q. Are the invoices generated with Freshbooks Accounting Software, safe on the cloud?

A. The generated invoices are secured with 256-bit encryption. The entire billing system is cloud-based and protected by leading secure servers.

Q. How does Freshbooks Accounting software ensure seamless expense monitoring?

A. The finance management software facilitates, auto-categorization of expenses, recurring expense bills’ creation, automated expense import from banks along with safe storage on the cloud.

Q. Do you provide an online demo of Freshbooks Accounting software?

A. Yes, our in-house team of product experts do provide an online demo of Freshbooks Accounting software on request.

Q. Does Freshbooks Accounting software help employees self-monitor their invested time?

A. Yes, members can use the software to monitor the time invested by them on individual projects and generate invoices accordingly.

Q. Does Freshbooks Accounting Software offer a dedicated mobile app?

A. Yes, Freshbooks Accounting software offers a dedicated mobile app for both iOS and Android users.

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4.7 (3 reviews)

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