FreshBooks is accounting and invoicing software built for service-based businesses. It’s known for its easy invoicing, time tracking, and client management, which makes it popular with freelancers, consultants, agencies, and contractors.
Businesses can send professional invoices and estimates, set up automatic payment reminders, track billable hours and expenses, and collect payments online. Higher plans add proposals, retainers, double-entry accounting reports, bank reconciliation, and accountant access. A client portal lets customers view invoices and pay in one place.
FreshBooks is a strong fit for service businesses that bill clients for their time or by project. It’s less suited to businesses that sell physical products or need detailed inventory tracking.
Plans are limited by how many clients you can bill each month, so a growing client list can force an upgrade. Each plan includes one user, and additional team members cost extra. The entry-level Lite plan also lacks features accountants rely on, like double-entry reports and bank reconciliation.
Long Island consultants, contractors, and creative professionals who spend more time invoicing than doing complex accounting will find FreshBooks one of the easiest tools to use.