Looking for the best FreshBooks alternatives?
We’ve got you covered.
Freshbooks is one of the best accounting software for small businesses. The tool offers a wide range of features that appeal to freelancers and small businesses such as a user-friendly interface, advanced invoicing capabilities, and time tracking.
However, despite its strengths, FreshBooks has some drawbacks that make it less ideal for certain users.
For instance, its pricing can be relatively high for users on a tight budget, and it has limits on the number of users and billable clients. Additionally, some users find its reporting capabilities to be somewhat limited.
So, if FreshBooks isn’t the right tool for you, you may want to look at other alternatives.
This article explores the best FreshBooks alternatives you can consider to streamline your financial processes. We’ll take a comprehensive look at their features, pricing, pros, and cons to help you find the perfect tool for your needs.
If you know what accounting software is, you’re likely aware that there are many tools for managing financial transactions. Nevertheless, to find the best FreshBooks alternatives, we delved deeper. Below are the factors we looked at when preparing this list.
Most small business owners may initially use spreadsheets to track their finances. However, as the business grows, keeping track of business transactions becomes challenging, and many opt to get accounting software to do this exercise.
The benefits of using an accounting software for small businesses include:
While FreshBooks is a reliable tool, its shortcomings may force you to look for other alternative options. If you’re in the market for robust accounting software, here are the best FreshBooks alternatives you should consider.
Image via QuickBooks
QuickBooks is a powerful accounting software solution and one of the best FreshBooks alternatives for small businesses. It has millions of users worldwide who trust the tool for their accounting, project management, and inventory management needs.
With QuickBooks Online, you can easily create professional-looking invoices and handle your banking-related assignments with ease.
This alternative also has powerful reporting capabilities. Each plan gives you access to basic reports like balance sheets and profit and loss statements. Higher-tier plans offer even more robust accounting reports such as profitability and inventory reports.
This FreshBooks alternative has a generous free trial that gives you access to all the features to help you decide if the tool is right for you.
Key Features
Pros
Cons
Pricing
QuickBooks Online has 4 paid plans that come with a 30-day free trial. Each plan also has a 50% discount for the first three months.
Image via QuickBooks Online
Tool Level
Usability
Pro Tip: Link your bank accounts, credit cards, PayPal, Square, and other accounts to automate the importing and categorization of your transactions.
Image via Zoho Books
Zoho Books is an affordable online accounting tool. It delivers excellent value for money and is perfect for functions such as invoicing, cash flow management, banking, tax compliance, and report generation as you can see in this Zoho Books review.
While small businesses revere this FreshBooks alternative for its low price tag, Zoho Books is very scalable and can be used by enterprises with advanced accounting needs. This alternative integrates with other business solutions to streamline your business operations too.
With Zoho Books, you can convert your quotes into invoices to ensure you’re paid quickly. This alternative will also help you manage your payables so you can know how you are spending your resources.
What’s more?
This FreshBooks alternative also connects with your bank account to make it easy to fetch and categorize your bank transactions.
Key Features
Pros
Cons
Pricing
Zoho Books has a limited free plan and five premium plans for businesses of varying sizes and needs.
Image via Zoho Books
Image via Zoho Books
Tool Level
Usability
Pro Tip: Save time on data entry by importing your bank statements directly into Zoho Books.
Image via Wave
Wave Accounting is one of the best accounting software for small businesses and a reliable free alternative to FreshBooks. Unlike other software that charges exorbitant fees, Wave Accounting offers free plans for invoicing and accounting.
Better still, these plans don’t have usage limitations, enabling you to create unlimited invoices and add as many collaborators as you need.
That said, this FreshBooks alternative does charge for other services, such as online payments, mobile receipts, and payroll services, and you can add the features you need as your business grows. This means you only pay for what you need, making Wave Accounting one of the best alternatives to FreshBooks for business owners on a tight budget.
Besides the standard accounting features, Wave Accounting also offers professional consulting services to help you optimize your key business functions and processes.
Key Features
Pros
Cons
Pricing
Wave Accounting features two plans, a free plan, and a paid plan:
Image via Wave
Tool Level
Usability
Pro Tip: Enable online payments and get paid faster through the secure link in your invoice.
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Image via Xero
Xero is one of the best FreshBooks alternatives if you’re looking for accounting software with automated features to help you save time. From sending recurring invoices to reconciling bank transactions, Xero has the accounting tools you need to streamline your financial processes.
Furthermore, its user-friendly interface makes it easy to navigate the platform and manage finances effectively. Setting up the tool is easy and you’ll also get access to their onboarding experts for 90 days to help you get the most out of Xero.
This FreshBooks alternative delivers smart reports and insights that you can use to make data-driven decisions. It also offers cloud storage for important business documents. You can even enable automatic backups to prevent the loss of important documents.
You can try Xero for free for thirty days and check all its features to decide if it’s the right accounting tool for you.
Key Features
Pros
Cons
Pricing
This FreshBooks alternative has a 30-day free trial for all its plans. Xero also offers a 3-month, 95% discount on all its plans.
Image via Xero
Tool Level
Usability
Pro Tip: Use your Xero account to store important documents online. Manage and share bills, contracts, receipts, and other documents from anywhere with Xero.
Image via Sage
If you want to enjoy the benefits of financial planning, then you need a comprehensive tool like Sage Accounting that offers a wide range of features such as financial reporting, expense management, bank reconciliation, and inventory management.
This FreshBooks alternative offers all of this and much more to help you achieve better financial control and planning for your business. The tool is incredibly easy to use and comes with time-saving automation features to streamline your accounting tasks.
All the information you feed into the software is secure and backed up to prevent the potential loss of important data. It also connects with your bank to make it easy to import your transactions for quick reconciliation.
Sage Accounting adds a layer of professionalism to your business operations, allowing you to send quotes and invoices that look as good as the services you provide. The FreshBooks alternative also delivers insightful reports that will help you make informed business decisions.
Key Features
Pros
Cons
Pricing
Sage currently offers three paid plans, namely:
Image via Sage Accounting
Tool Level
Usability
Pro Tip: Expedite invoice and receipt processing with Sage Accounting’s AutoEntry snap and post feature.
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Image via ZipBooks
ZipBooks is among the top FreshBooks alternatives that provide the tools, insights, and intelligence to take your small business to the next level. The tool simplifies your accounting tasks, eliminating the need to hire an expert to manage your accounts.
ZipBooks’s free plan makes it one of the best accounting software for small business as it comes with all the necessary features you need for your financial operations. The free plan allows you to:
But if you find yourself needing more advanced capabilities, this FreshBooks alternative offers affordable premium plans with advanced features like expense tracking, detailed reporting, multi-bank account connections, and time tracking. Whether you’re just starting or looking to expand, ZipBooks has you covered for comprehensive financial management.
Key Features
Pros
Cons
Pricing
ZipBooks has a free plan and 3 paid plans
Image via ZipBooks
Tool Level
Usability
Pro Tip: Use the data insights from ZipBooks reports to make changes in your business to improve your financial health.
Image via Invoicera
Invoicera is a robust accounting tool with advanced automation features. With this tool, you can automate your billing, invoicing, time tracking, and workflows to save time and reduce errors. The invoices you can generate with Invoicera are professional-looking and increase your chances of getting paid on time.
This FreshBooks alternative saves everything in the cloud to guarantee the safety of your documents. The invoicing software is ideal for freelancers and small businesses but is quite scalable to meet all your needs as your business grows.
This FreshBooks alternative also makes it easy for you to receive payments from different channels as it integrates with 30+ payment gateways. This feature will ensure you’re paid faster since it accommodates diverse payment preferences and simplifies the payment process for your clients.
Key Features
Pros
Cons
Pricing
This FreshBooks alternative doesn’t have a free version. Instead, it has 4 paid plans that come with a 30-day free trial.
Image via Invoicera
Tool Level
Usability
Pro Tip: Take advantage of Invoicera’s automated invoicing feature to save time and reduce errors. Set up recurring invoices for regular clients to streamline your billing process.
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Image via Kashoo
Most of the FreshBooks alternatives in this post are for small businesses looking to expand in the future. But what if you’re a sole business owner or contractor who works alone? Which is the best accounting software for you?
The answer is Kashoo. While the tool has advanced features to satisfy the needs of established enterprises, it also has a low-priced plan for freelancers, sole proprietors, and contractors.
This FreshBooks alternative allows you to create custom invoices and add a payment gateway to facilitate user payment processing.
You can easily connect your Kashoo account to your bank account to reconcile your transactions. But even when you choose not to do that, the tool provides other ways to record your income and expenses.
Kashoo’s cheapest plan costs just $216 per year and supports unlimited billable clients and users. This allows you to send unlimited invoices, track expenses, and manage transactions efficiently without worrying about additional costs.
Key Features
Pros
Cons
Pricing
This FreshBooks alternative has two paid plans with yearly billing.
Image via Kashoo
Tool Level
Usability
Pro Tip: Regularly reconcile your bank transactions to ensure accurate financial records and minimize errors.
Image via Hiveage
If you’re looking for a simple tool for sending invoices and accepting payments, then Hiveage is one of the best accounting software you can consider. This FreshBooks alternative has an intuitive interface that’s easy to navigate and makes financial management hassle-free.
This FreshBooks alternative appeals to small business owners and freelancers because its feature-rich free plan allows you to send unlimited invoices and make unlimited estimates. The free plan also supports unlimited time tracking for contractors who charge an hourly rate.
You can easily accept online payments on any Hiveage plan, but you’ll have to upgrade to the highest-tier plan to accept offline payments. The tool integrates with other third-party software through Zapier, and you can increase its functionality.
Key Features
Pros
Cons
Pricing
Hiveage has a free plan and 3 paid plans.
Image via Hiveage
Tool Level
Usability
Pro Tip: Use the tool to manage subscription payments and recurring fees and offer online payment options for added convenience.
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Q1.What is the best alternative to FreshBooks?
There are several FreshBooks alternatives you can use to manage your finances effectively. They include:
Q2. What are the disadvantages of FreshBooks?
While FreshBooks is a reliable accounting software solution for small businesses, it has some drawbacks that push users to find suitable FreshBooks alternatives.
For instance, its pricing can be relatively high for businesses on a tight budget. It also has limits on the number of users and billable clients. Additionally, some users find that FreshBooks has limited features when it comes to its reporting capabilities.
Q3. Which is the best option between Xero and FreshBooks?
Both accounting tools have unique features that make them ideal for different users. FreshBooks has intuitive invoicing capabilities, making it ideal for freelancers and small business owners who send a lot of invoices.
On the other hand, Xero has robust accounting features and automated processes, making it ideal for businesses in need of a powerful, yet affordable accounting system.
Q4. Which is easier to use: QuickBooks or FreshBooks?
Both QuickBooks and FreshBooks have user-friendly interfaces that make it easy to navigate the platform. However, QuickBooks has a lot more features that elongate the learning curve.
Q5. Can I use FreshBooks for free?
FreshBooks doesn’t have a free plan like a few of the FreshBooks alternatives in this post. Nonetheless, each paid plan comes with a 30-day free trial that gives you access to the tool’s key features.
Q6. Do any of these FreshBooks alternatives offer mobile receipt capture?
Yes, several alternatives offer mobile receipt capture features. QuickBooks Online and Xero are well-known for this feature, but Sage and Zoho Books also provide robust receipt capture capabilities. This allows users to easily scan and upload receipts using their smartphone cameras, streamlining expense tracking and reducing manual data entry.
Q7. Which FreshBooks alternative is best for businesses with global operations?
Xero and QuickBooks Online are excellent choices for businesses with global operations. Both offer robust multi-currency support, allowing you to manage transactions in multiple currencies and automatically handle currency conversions. They also provide features tailored to international business needs, such as country-specific tax reporting.
Q8. Are there any FreshBooks alternatives that excel in handling sales tax?
Yes, several FreshBooks alternatives offer robust sales tax features. QuickBooks Online and Xero stand out with their comprehensive sales tax capabilities, including automatic tax calculation, reporting, and assistance with filing for various jurisdictions. Zoho Books and Sage Accounting also offer strong sales tax management features, helping businesses comply with local tax regulations.
Q9. Can these FreshBooks alternatives handle recurring invoices?
Yes, most FreshBooks alternatives mentioned in this post offer recurring invoice functionality. Tools like Zoho Books, Invoicera, and Hiveage allow you to set up and automate recurring billing, saving time on repetitive invoicing tasks. This feature is particularly useful for businesses with subscription-based models or regular billing cycles.
Q10. Which FreshBooks alternative offers the most user-friendly interface for someone new to accounting software?
While all the alternatives aim to be user-friendly, Wave Accounting and ZipBooks are often praised for their highly intuitive and user-friendly interfaces. These tools are designed with simplicity, making them excellent choices for sole business owners or those new to accounting software. Kashoo and Hiveage also offer clean, modern interfaces that cater well to beginners in accounting software.
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While FreshBooks is a reliable accounting software, you may need to explore suitable FreshBooks alternatives if you want to add more team members and billable clients to your accounting software without breaking the bank.
Additionally, a FreshBooks alternative may be necessary if you want a free accounting software solution that allows you to send unlimited invoices.
When selecting your FreshBooks alternative, examine its features keenly to ensure it has everything you need to manage your finances optimally. The accounting tools listed above offer great functionality without being too expensive, making them ideal for small businesses, freelancers, and enterprises in need of scalable solutions.
When you find a suitable alternative, take advantage of the free trial to familiarize yourself with its capabilities and only sign up for a plan when you are sure it has the features you need to manage your finances effectively.
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