FreshBooks Review 2026: Is It Worth It?
8.4
/10
Phil Collective Score
Confidence: 0.9
What Is FreshBooks?
Started as invoicing software, grew into full accounting. FreshBooks is beloved by freelancers and service businesses for its dead-simple invoicing and time tracking. The accounting features are adequate but not as deep as QBO or Xero.
| Founded | 2003 |
|---|---|
| HQ | Toronto, Canada |
| Deployment | cloud |
| Category | Invoicing |
| Free Trial | Yes |
| Free Plan | No |
| Affiliate Commission | $10/trial + $200/paid |
FreshBooks Pricing
Select
Custom
Contact sales
Lite
$23
per monthly
Plus
$33
per monthly
FreshBooks Features
| Feature | Available | Notes |
|---|---|---|
| Receipt scanning | ✗ | |
| Audit trail | ✗ | |
| Tax preparation | ✗ | |
| Accountant access | ✗ | |
| Bank reconciliation | ✗ | |
| Bill pay | ✗ | |
| Double-entry accounting | ✗ | |
| Expense tracking | ✗ | |
| Inventory tracking | ✗ | |
| Invoicing | ✗ | |
| Mobile app | ✗ | |
| Multi-currency | ✗ | |
| Multi-entity | ✗ | |
| Role-based permissions | ✗ | |
| Time tracking | ✗ | |
| API access | ✗ | |
| Bank feeds | ✗ | |
| Payroll integration | ✗ | |
| Budgeting | ✗ | |
| Custom reports | ✗ | |
| Financial reports (P&L, Balance Sheet, Cash Flow) | ✗ | |
| Project profitability | ✗ |