Finance Tools
FreshBooks
Invoicing and accounting for freelancers.
What it is
FreshBooks handles invoicing, expenses and time tracking for freelancers and small service businesses. It is aimed at people who bill for time rather than sell products: tracking hours, turning them into an invoice and chasing payment is the main path through the product. Inventory and complex accounting are where it runs out, and that is when firms move to a full ledger.
FreshBooks pricing
FreshBooks publishes 2 plans. Paid tiers start at $23/mo.
| Plan | Price | What the vendor’s page says |
|---|---|---|
| Lite | $23/mo | Lite $23/mo regular, $2.30/mo promotional; 5 billable clients |
| Premium | $70/mo | Premium $70/mo regular, $7 promotional; unlimited clients |
Prices read from the vendor's own pricing page on 2026-09-07. Vendors change plans without notice — check the source before you budget. Source
Cheaper alternatives to FreshBooks — same category, ordered by verified starting price.
Key features
Invoicing and reminders
Sends invoices and chases unpaid ones on a schedule automatically.
Time tracking
Records billable hours against a client or project and bills them.
Expense capture
Imports bank transactions and attaches receipts to expenses.
Strengths and trade-offs
What works well
- Invoicing is quick and looks professional
- Time tracking built in
- Simple enough to use without an accountant
Where it falls short
- Client limits on lower plans
- Weaker for inventory or product businesses
- Payroll requires a separate service
Who it is for
Freelancers and service businesses who bill by project or hour.
Pick it or skip it
Pick FreshBooks if
- Freelancers and small firms that invoice a handful of clients
- Anyone who wants invoicing, expenses and time tracking in one place rather than three
- Testing cheaply: new accounts get 90% off for the first three months
Skip it if
- You are budgeting from the advertised price — $2.30/mo is promotional for 3 months; Lite is $23/mo after that
- You have a team: every extra member is $11/mo on top of the plan
- You have more than 5 clients on Lite — that is the plan's cap, and Plus is $43/mo
Our verdict
Well suited to service billing. Product businesses need proper accounting instead.
Closest alternatives we track
Same category, ordered by verified starting price.
Frequently asked questions
- How much does FreshBooks cost?
- FreshBooks publishes 2 plans: Lite at $23/mo, Premium at $70/mo. Every figure is read from the vendor's own pricing page; the pricing section above shows the source sentence for each tier.
- Does FreshBooks have a free plan?
- No free plan is listed on the vendor's pricing page. FreshBooks is sold as a paid subscription.
- Who is FreshBooks best for?
- Freelancers and service businesses who bill by project or hour.
- What are the closest alternatives to FreshBooks?
- In the same category we track Xero, QuickBooks and Wave. Each has its own review page with verified pricing, and the comparison links above show them side by side.
- What are the main drawbacks of FreshBooks?
- The trade-offs we noted: Client limits on lower plans; Weaker for inventory or product businesses; Payroll requires a separate service.
- When should you not use FreshBooks?
- Skip FreshBooks if: You are budgeting from the advertised price — $2.30/mo is promotional for 3 months; Lite is $23/mo after that; You have a team: every extra member is $11/mo on top of the plan; You have more than 5 clients on Lite — that is the plan's cap, and Plus is $43/mo.
What we checked
- Public APIOffers a documented API you can build against.Yes
- Mobile appHas a native app for iOS or Android, not just a mobile website.Yes
- Open source / self-hostableSource is open and the tool can be run on your own infrastructure.No
- SSO (SAML)Supports SAML single sign-on on at least one plan.No
“Not checked” means exactly that — we have not verified it, and we do not guess.
Evidence and freshness
Status: Vendor pricing page verifiedReviewed: 2026-09-07
- FreshBooks — Pricing ↗
Checked 2026-09-07 · Supports: Lite $23/mo regular, $2.30/mo promotional; 5 billable clients, Plus $43/mo regular, $4.30 promotional; 50 clients, Premium $70/mo regular, $7 promotional; unlimited clients, promotion is 90% off for 3 months, team members $11/mo per user on all plans, 30-day money-back guarantee
Limit: The advertised figures are a 3-month promotion; the regular prices are recorded here as the real cost.
Compare FreshBooks with alternatives
Tools that do the same job as FreshBooks
Same job, different pricing. Verified starting price first.
More Finance Tools tools: see the full Finance Tools category
Work at FreshBooks? Embed the verified-pricing badge
We read this pricing from FreshBooks’s own pricing page on 2026-09-07. The badge says that and nothing more: no rating, no payment. How the badge works
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