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FreshBooks

freshbooks.com

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Spec score 9.1 #2 of 29 in Financial Management

What it is

FreshBooks is accounting software for freelancers, solopreneurs, and small businesses. It creates invoices with tracked time and expenses, calculates taxes, and offers configurable payment options. Users can track time against clients and projects, then generate invoices from those records. Projects organize client work, team members, time, invoices, and expenses, and include profitability views. Listed payment options include card and ACH payments, Apple Pay, Google Pay, and buy now, pay later options. FreshBooks also offers recurring invoices, expense tracking, and a client portal. Its API uses OAuth2 for integrations and account automation. The service runs on the web and has iOS and Android apps, but some features, including reporting, are desktop-only. Mobile apps require iOS 15 or later or Android 7.0 or later. Lite costs $23 a month and includes five billable clients; Plus costs $43 a month and includes 50. Premium costs $70 a month and includes unlimited clients. Double-entry accounting is available on Plus, Premium, and Select. There is no free plan, and the listed trial lasts 30 days.

Spec sheet

What it does
FreshBooks is cloud accounting software for small businesses that combines invoicing, payments, expenses, time tracking, projects and reports.Read 15 Oct 2026 · linkedin.com
Purpose
FreshBooks describes itself as accounting software for freelancers, solopreneurs, and small businesses.Read 29 Sep 2026 · freshbooks.com
Free plan
NoRead 19 Sep 2026 · freshbooks.com
Paid from
23Read 19 Sep 2026 · freshbooks.com
API
The public API exposes FreshBooks data as JSON for web and desktop integrations and uses OAuth2 access tokens.Read 15 Oct 2026 · freshbooks.com
Integrations
FreshBooks App Store lists more than 100 partner integrations covering payments, payroll, scheduling, projects and other workflows.Read 15 Oct 2026 · appstore.freshbooks.com
Security
FreshBooks states that browser traffic uses 256-bit SSL, data is firewalled and servers undergo regular vulnerability scans.Read 15 Oct 2026 · freshbooks.com
Support
The Help Center organizes guidance for invoices, payments, expenses, projects, reports, payroll, integrations and mobile use, with FreshBot routing support options.Read 15 Oct 2026 · support.freshbooks.com
Headquarters
Toronto, CanadaRead 28 Sep 2026 · freshbooks.com
Founded
2003Read 28 Sep 2026 · freshbooks.com
Accounting
Plus, Premium and Select include double-entry accounting, chart of accounts and financial reports such as profit and loss and balance sheet.Read 15 Oct 2026 · support.freshbooks.com
Accounting availability
FreshBooks says double-entry accounting features are available on Plus, Premium, and Select plans.Read 29 Sep 2026 · support.freshbooks.com
API documentation
Developer documentation includes scenarios, API reference pages, cURL examples, authentication guidance and app creation instructions.Read 15 Oct 2026 · freshbooks.com
Company founding
FreshBooks says Mike McDerment founded the company in 2003.Read 15 Oct 2026 · freshbooks.com
Company size and headquarters
LinkedIn lists FreshBooks as a privately held Toronto company with 201–500 employees.Read 15 Oct 2026 · linkedin.com
Compliance and hosting
FreshBooks says it maintains PCI DSS Level 1 compliance, follows OWASP practices, hosts on Google Cloud Platform and replicates data across geographic locations with nightly backups.Read 15 Oct 2026 · freshbooks.com
Expenses and mileage
Users can import bank expenses, scan receipts and track business mileage through FreshBooks tools and mobile apps.Read 15 Oct 2026 · apps.apple.com
Hosting and backups
FreshBooks says its application is hosted on Google Cloud Platform and account data is replicated across two geographic locations and backed up nightly.Read 29 Sep 2026 · freshbooks.com
Invoicing
The product creates branded invoices, recurring invoices, reminders and online payment requests.Read 15 Oct 2026 · freshbooks.com
Legal name and investors
Crunchbase identifies the legal entity as 2NDSITE Inc. and lists Morgan Stanley Expansion Capital and Morgan Stanley Private Credit among its investors.Read 15 Oct 2026 · crunchbase.com
Licence
The service is proprietary: its terms grant limited access and prohibit modifying, redistributing or creating derivatives of FreshBooks content.Read 15 Oct 2026 · freshbooks.com
Limit: advanced accounting
Reviewers say advanced accounting, reporting, inventory and large-team management are less capable than broader accounting suites.Read 15 Oct 2026 · capterra.com
Limit: mobile reliability
Independent reviews mention occasional mobile lag, logout problems and receipt-upload failures.Read 15 Oct 2026 · capterra.com
Limit: payment delays
Trustpilot reviewers report delayed settlements and difficulty receiving online payments in some cases.Read 15 Oct 2026 · trustpilot.com
Limit: pricing
Reviewers report that costs rise with additional clients, users and add-ons, making the service expensive as a business grows.Read 15 Oct 2026 · getapp.com
Notable news
FreshBooks announced an integration with Anthropic MCP for optional AI capabilities on September 25, 2026.Read 15 Oct 2026 · freshbooks.com
Payments
The pricing page lists card and ACH payments, Apple Pay, Google Pay, and buy now, pay later options.Read 29 Sep 2026 · freshbooks.com
Plan limits
Lite includes 5 billable clients, Plus 50, and Premium and Select unlimited; active and archived clients count toward the limit.Read 29 Sep 2026 · freshbooks.com
Platform limits
The service is web-based, and mobile apps require iOS 15 or later or Android 7.0 or later; some features such as reporting are desktop-only.Read 29 Sep 2026 · freshbooks.com
Praise: ease of use
Independent reviewers repeatedly describe invoicing, expense tracking and navigation as intuitive, modern and quick to learn.Read 15 Oct 2026 · getapp.com
Praise: support
Review summaries commonly praise responsive customer service and helpful human support.Read 15 Oct 2026 · trustradius.com
Projects
Projects organize client work, team members, time, invoices, and expenses, and include project profitability views.Read 29 Sep 2026 · freshbooks.com
Rating on Apple App Store
4.7 out of 5 from 11K ratingsRead 15 Oct 2026 · apps.apple.com
Rating on Capterra
4.5 out of 5 from 4,529 reviewsRead 15 Oct 2026 · capterra.com
Rating on G2
4.5 out of 5 from 981 reviewsRead 15 Oct 2026 · g2.com
Rating on GetApp
4.5 out of 5 from 4,529 reviewsRead 15 Oct 2026 · getapp.com
Rating on Software Advice
4.5 out of 5 from 4,525 verified reviewsRead 15 Oct 2026 · softwareadvice.com
Rating on Trustpilot
3.7 out of 5 from 1,047 reviewsRead 15 Oct 2026 · trustpilot.com
Rating on TrustRadius
9.2 out of 10 from 214 reviews and ratingsRead 15 Oct 2026 · trustradius.com
SDKs
FreshBooks provides official Python and Node.js SDKs plus community Java and PHP libraries.Read 15 Oct 2026 · freshbooks.com
Self-hosting
FreshBooks is delivered as a hosted cloud service and its official materials provide no self-hosted deployment option.Read 15 Oct 2026 · freshbooks.com
Service status
The official status page currently shows a minor outage affecting Automatic Expense Import while the other listed components are operational.Read 15 Oct 2026 · status.freshbooks.com
System requirements
Supported browsers are the latest two Chrome, Firefox and Safari major versions and the latest Edge and Opera versions; current macOS or Windows is recommended.Read 15 Oct 2026 · support.freshbooks.com
Time and projects
FreshBooks links billable time, project management, retainers and invoicing so tracked work can flow into billing.Read 15 Oct 2026 · freshbooks.com
Time tracking
Users can track time against clients and projects and generate invoices from tracked time.Read 29 Sep 2026 · freshbooks.com

Plans and prices

Lite $23 a month billed monthly Read 19 Sep 2026 · freshbooks.com
Plus $43 a month billed monthly Read 19 Sep 2026 · freshbooks.com
Premium $70 a month billed monthly Read 19 Sep 2026 · freshbooks.com
Lite $4.60 a month 80% off for 4 months; was $23.00 5 billable clients · estimates · expense tracking · online payments · tax reports Read 15 Oct 2026 · freshbooks.com
Plus $8.60 a month 80% off for 4 months; was $43.00 50 billable clients · proposals and retainers · accounting reports · receipt scanning · accountant access Read 15 Oct 2026 · freshbooks.com
Premium $14 a month 80% off for 4 months; was $70.00 Unlimited clients · project profitability · customizable email templates · receipt scanning with line items Read 15 Oct 2026 · freshbooks.com
Select Priced on request Unlimited clients · lower payment fees · two team members included · Easy Switch migration · dedicated phone support Read 15 Oct 2026 · freshbooks.com

Every FreshBooks plan and price →

Strong points and limits

Strong points

  • Invoices can include tracked time and expenses
  • Projects include profitability views
  • Supports recurring invoices and expense tracking
  • OAuth2 API supports integrations and automation

Limits

  • No free plan
  • Some features, including reporting, are desktop-only
  • Mobile apps require iOS 15 or Android 7.0

Who it suits

FreshBooks suits freelancers, solopreneurs, and small businesses that need invoicing, time tracking, and project organization. Businesses choosing a plan should consider its billable-client limits and desktop-only features.

Verdict

FreshBooks connects invoicing with time tracking, projects, and expense management. Compare the client limits and platform requirements with the way your business works.

Where Specifiction places it

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