Live chat, video tutorials, phone and email support Phone and email support, live chat, knowledge base and help center The Premium plan allows you to run project profitability reports to better manage your business and the projects you take on. Both the Plus and the Premium plans offer the capability to bill clients on a subscription-based model. This tier allows you to track bills, bill payments and vendors with Accounts Payable and project profitability. The Premium tier allows you to customize email templates and signatures, plus automated client emails with dynamic fields. You’ll be able to utilize the automatic expense receipt capture to simplify the accounting of regular expenses such as meals and travel. The Plus plan will allow you to send an unlimited number of proposals and take client retainers for regular work. It offers everything that the Lite plan offers, as well as the ability to accept e-signatures on proposals and contracts. In addition to 50 billable clients, the Plus plan offers double-entry accounting reports and the ability to invite your accountant and the ability to set up recurring billing and client retainers. Plus Planįor an extra cost, the Plus plan offers a more robust selection of features and is better suited for solo business owners who have more than five clients. This plan also allows you to easily keep track of payroll through a Gusto Payments integration. Still, you’re able to send payments with credit cards and bank transfers and track unlimited expenses, some of the key tools freelancers need. The Lite plan offers the essentials and is best for people who only have a couple of clients and do not have a business model that focuses on attaining more. That number jumps to 50 billable clients with the Plus plan and then an unlimited number for the Premium plan. With the Lite plan, you’re able to send unlimited invoices to up to five billable clients. The app makes it easy to track mileage and expenses on the go. Whether you use the desktop software or the mobile app, you can detail expenses, send invoices and run reports. This means that you can access the platform from anywhere as long as you have an internet connection. Looking at these reports helps a business owner better understand their company’s financial health and is critical in the daily management of the organization. In the Reports tab, you can access popular business accounting reports such as profit and loss, sales tax summary, aging accounts, invoice details and expense reports. Have the reports that you need at your fingertips all the time with FreshBooks. It also helps business owners manage projects and clients so that they know how many hours are worked for any given task. FreshBooks has specialized Time Tracking Software that integrates into FreshBooks so that your invoicing is quick and easy. One of the key expenses a business owner must keep track of is employee hours worked on a project. The higher-tiered plans do offer accountant access, making it even easier for a business owner to share necessary data with their tax preparer and reduce the chance of errors. All this data is at your fingertips so that you can share it with your accountant. It categorizes expenses so you can run reports and get totals for your deductions. Get a snapshot of your overall revenues so that you can properly report your business income. Tax FilingįreshBooks makes tax filing a breeze. This helps you from falling behind on entries when working away from your desk. Additionally, FreshBooks has a user-friendly mobile app that allows you to enter data as you need to while out of the office. Whether you are navigating from entering expenses to collecting payments, the sidebar is intuitive to use and doesn’t get lost in confusing jargon. FreshBooks is known for its easy-to-use platform.
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