Akaunting vs FreshBooks

Akaunting is web-based accounting software for creating invoices, capturing receipts, tracking inventory, using bank feeds, and providing accountant access. Automated reconciliation is not available. A free plan is listed, alongside cloud and on-premise paid plans. Standard Cloud costs $12 a month and includes one company, one user plus one accountant, 1,000 invoices, and four apps. Premium Cloud costs $36 a month for 10 companies, 10 users, 10,000 invoices, and 10 apps. Elite Cloud costs $84 a month for 30 companies, 30 users, 30,000 invoices, and 30 apps. Ultimate Cloud costs $218 a month with unlimited companies, users, and invoices and all apps. On-premise Premium costs $72 a year and Elite $168 a year; Standard On-Premise has no listed price. Akaunting was founded in 2017.

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.