Freshbooks : Best Invoice and Accounting Software For Small Businesses

Description

Freshbook launched in 2003, which is best cloud based acconting software platform suitable for small businesses freelancers and small scale enterprises. This tool is helpful and user friendly for managing Expenses Invoices, Payments and reports all without any financial degree. Freshbooks comes into an play when you have to send professional invoices, tracking expenses and managing finances etc.

Important Features of FresBooks :

Invoicing and Billing :

• Fresh books provide professional appealing temp templates.
• They have best features like recurring invoices and automated reminders
• There is also feature like ability to add late fees automatically
• They accept payment payment through credit card and ach payments directly from invoices.

Time Tracking :

• In Freshbooks user can log hours of their efforts in the projects.
• Users can track time why the projects or clients.
• The billable hours can be convert the invoices within a click

Client Management :

• Client management is one of the crucial in the invoices and accounting software.
• Freshbooks has done it very well that user can manage clients in a software very efficiently

Expense Tracking :

• Fresh books can directly connect with bank accounts and credit cards they can automatically the expenses.
• They are having option of categorisation of expenses in the expense tracking.
• Also they allow for attachment of receipts because of the auto categorisation it saves time for repeated expenses.

Projects and Team Collaboration :

• With Fresh books user can collaborate with other colleagues, clients and share information if required.
• Also we can share files and any updates to the client.
• User can assign roles department of people like contractor or admin

Acconting and Reporting :

• Freshbooks provide reporting for your all the accounting transactions.
• They have various reports like profit and loss, tax summary, expense reports and many more.
• These reports user can export for your accountant

Mobile App :

• Fresh books is available on android and iOS.
• User can access their Freshbooks accounting software from anywhere their mobile.
• That’s why it is very useful for time tracking and expenses the fly

Estimates & Proposals:

• User can create customisable proposals with text, images and pricing tables for the clients.
• Then user can convert accepted estimates into invoices.

Pros and Cons of Freshbooks

Pros :

• Easy to use.
• Time tracking and clinet management.
• Excellent invoicing tools.
• Time and Express tracking integration is at the best.
• It has great customer support.
• Facebook available on the mobiles.

Cons :

• Product has quality but little expensive.
• Not ideal for large companies.
• Limited inventory management.

Who can use freshbooks ?

• Freshbooks can be used by freelancers and solopreneurs.
• It is also useful for the service based companies like consultants, designers, marketers and agencies.
• It has simple and visually intuitive platform so non accounting users also can use this software.