Freshbooks started back in 2003 from an accident their Co-founder Mike McDerment had while running his agency. After accidentally saving over an invoice and having to do the work all over again, he decided to create the number 1 accounting software in the world.
Ease of use
Value for Money
Starting from: $6
Pricing Model: per month
Yes, has free trial
No free version
- Easy to use
- Value for money
- Expenses tracker
- Tax ready approach
- Time tracking
- Recommended for smaller to medium size companies only
- Hard to scale
- Small business
- Medium business
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Chromebook
Let’s start talking about Fresh books and what benefits they can bring to your business. To cover all that in the following Freshbooks review, we will be going through the following aspects:
What is Freshbooks?
Freshbooks is a cloud-based online invoicing and accounting software developed for small businesses. Furthermore, the software has an awesome UI/UX developed and used easily by non-technical users.
Now that we have an idea of Freshbooks let’s look at how to use Freshbooks.
How to use Freshbooks?
Easy peasy! Start by creating an account with them and configure all about your company. Then, once you are on the Fresh books dashboard, start the configuration process by linking it to your e-commerce store, to your bank, and payment gateways. Last, automate your invoicing process and save yourself some time with features such as recurring invoices.
Above all, remember that invoices help you bill a client for products or services and helps you keep track of your income. Fresh books invoice makes creating personalized invoices fun and easy. Furthermore, you can make all the tedious manual work disappear by automating a major part of the invoicing process. Meaning that you can automate the payment reminders and charging penalties for past due invoices. Put an end to your clients’ coverage using an interesting feature offered by Freshbooks that allows you to set a percentage for upfront payments on an invoice.
Moreover, remember that you can always opt for the Freshbooks recurring invoice if you have a client who works with you regularly. Meaning that you can automate the process and make Freshbooks invoice customers for you regularly.
How do I create a Freshbooks invoice?
- Log in
- Go to the Create new section on the Dashboard
- Select Invoice
- You will get to the New Invoice Screen
- Customize your Invoice Style
- Fill out your invoice
Furthermore, you can also reach the same process by going to the invoice section and selecting New Invoice.
Moving on with the Freshbooks review to the expenses feature. First, the feature will automate most of the things you are doing manually right now, like inserting your expenses. How would be the right question to ask right now. Yes, you! We know you are asking yourself that. Good! Now, let’s take it step by step.
First, by connecting your bank account to Fresh books, all your expenses will be pulled from your bank account and added to the software without you even lifting a finger every single day you make a transaction.
Second, say goodbye to losing receipts. To keep a tidy and organized working space, snap a picture of every receipt you have for your business using the Freshbooks mobile app every time you make a purchase.
Third, make filling in your taxes easy for you or your accountant by categorizing your expenses right from the start instead of going back and forth every single time you have to do it.
Fourth, when we are working on complex projects, we need to make purchases on their behalf. To make the process of recovering your money and billing your client for that purchase, Freshbook created a feature that allows you to mark an expense as billable and automatically drag it into an invoice and send it to the desired client.
Last, split your expenses on projects. Meaning that you can allocate each expense you or your team does to a project to better overview the expenses.
Create unique proposals by clearly outlining the scope, timeline, and deliverables on projects for your clients. Moreover, have a clear outline and a sharp answer for all your clients by looking into the calendars and the running projects. Meaning, deliver a clear answer when you can start a project in seconds without wasting time researching your next opening. Finally, deliver Freshbooks invoices in a second by transforming your estimates into them without any effort. Now, isn’t that something you have always dreamed of? We sure are impresses by this, and we are thinking of how much time we could have saved using this software.
As a consequence of the expense and income approach, Fresh books will always have a clear overview of how your business is doing at all times. Moreover, this approach will also save you tons of time in the tax season as you will be ready in no time to send your taxes. Also, don’t forget that your account can have access to all your activity at all times.
Keep on track with your projects, payments, and reports on the go through the Freshbooks mobile apps. First, get instant updates on the projects that are going on in your team. For example, be aware of every file a client shares with you. Second, keep track of all your receipts by taking pictures of them and adding them directly to Fresh books on the go.
Third, create Fresh books invoices from anywhere. And the coolest part is yet to come! Forth, automatically track the mileage as you drive by swiping that you are on the business trips and be aware at all times of all the potential tax deductions.
Now that we went through all the Freshbooks features, let us look at the Freshbooks integrations. Above all, we have to mention that they have an exciting and distinctive approach to integrations. They split them into two: Freshbooks and Freshbooks classic.
Now that we clarified this, let’s look at what each of them has in store for the user and the difference. Before we get to what the integration available is for each of them, let’s look at the difference between these two versions.
So essentially, the difference is, on the one hand, Freshbooks Classic was developed for small businesses, and Freshbooks focuses on business owners. To be more specific, the classic version is simplified, while the Freshbooks for owners is the version with all the features we’ve been discussing so far.
However, let’s see further on in this Freshbooks review which are the software integrates with.
- Income Importer
- Freshbooks MTD
- Greatland Yearly
- Revamp CRM
Above all, remember that Freshbooks classic integrates with only 7 tools: Bench, Gusto, Fundbox, Google, Zapier, Stripe, Hubspot.
Moving on to Freshbooks pricing, the company offers a 30-day free trial with all features to give you a fair perspective of the product. Their price range varies from $4.50 to $15 monthly payment if paid annually and $6 to $20 for monthly payments. The price varies depending on the number of clients you have and the features available; therefore, be aware of what you are looking for. On the other hand, you can always upgrade to a higher package if your needs change with time.
Starting From: $15 per month
Pricing Model: Subscription
Free Trial: 30 days
50% of for the first 3 months
Here are some of the popular Freshbooks alternatives.
- Zoho Invoice
For finding more insights check out the dedicated section for Freshbooks alternatives.
FreshBooks Review Conclusion
To wrap things up, we have to say that we are quite impressed by the Freshbooks platform. The tool is easy to use, flexible and saves you time, and brings a lot of value for money. We have to admit that it will probably be a tool we will switch to for its expenses approach and P&L outlook.
Moreover, we would say that it has just enough features to solve all your problems and not too many to overwhelm you.