Which is Better for Freelancers and Agencies?
Posted: Wed Feb 19, 2025 6:43 am
What is your favorite part of being a small business owner?
Here are some things you probably haven't mentioned: preparing invoices, filling out expense reports, paying bills, or keeping track of your work hours.
Unfortunately, freelancers and agency owners can't get away from these tedious accounting tasks. But cloud-based accounting software can make them much easier.
But which online accounting software should you choose?
QuickBooks is the most popular accounting software on the market, but it has many competitors. Is it the best solution for a small business like yours? This article compares QuickBooks to another popular option, FreshBooks.
Read on for this extensive post on Freshbooks vs QuickBooks to determine the best option for freelancers and agencies.
QuickBooks Overview
The biggest player in the game (at least in North America) is QuickBooks .
QuickBooks was developed by Intuit, a software giant that owns financial products like TurboTax and Mint.
Intuit has been around since 1983 and launched QuickBooks in 1992. QuickBooks Online (QBO), the cloud-based version of the product, was launched in 2001.
Today, QuickBooks products, including online and desktop versions, have a 76% market share in the U.S.
QuickBooks Global Market Share
QuickBooks Global Market Share. ( Source: Codat )
This article will focus on QuickBooks Online. QBO features include:
Billing
Income and expense tracking
Invoice management
Tracking mileage
Time tracking
Inventory management
Profit and loss reports
Automated online banking
FreshBooks Overview
FreshBooks was first launched in 2003. Mike McDerment was running a four-person design agency and was frustrated by the invoicing solutions available. So he built a better one.
FreshBooks continues to focus on freelancers. Although it only has a 4% market share in the US, it has a positive reputation among freelancers and small businesses.
Its features include:
Billing
Income and expense tracking
Time tracking
Sharing images and files
Credit card payments and bank deposits
Report generation
Tracking mileage
FreshBooks vs QuickBooks Pricing
You are looking for the best accounting software for your company.
But as a freelancer or small business owner, you also have to algeria phone number data consider price.
FreshBooks Pricing Plans
Lite: $15 per month
Plus: $25 per month
Premium: $50 per month
Choose a custom price
You can save some money if you choose annual billing instead of monthly. It also has a 30-day free trial, no credit card required.
The most important difference between the plans is the number of billable clients you can have. The Lite plan only allows you to bill five clients, while the Plus plan allows you to bill 50. The Premium and Select plans allow for an unlimited number of clients.
Here are some things you probably haven't mentioned: preparing invoices, filling out expense reports, paying bills, or keeping track of your work hours.
Unfortunately, freelancers and agency owners can't get away from these tedious accounting tasks. But cloud-based accounting software can make them much easier.
But which online accounting software should you choose?
QuickBooks is the most popular accounting software on the market, but it has many competitors. Is it the best solution for a small business like yours? This article compares QuickBooks to another popular option, FreshBooks.
Read on for this extensive post on Freshbooks vs QuickBooks to determine the best option for freelancers and agencies.
QuickBooks Overview
The biggest player in the game (at least in North America) is QuickBooks .
QuickBooks was developed by Intuit, a software giant that owns financial products like TurboTax and Mint.
Intuit has been around since 1983 and launched QuickBooks in 1992. QuickBooks Online (QBO), the cloud-based version of the product, was launched in 2001.
Today, QuickBooks products, including online and desktop versions, have a 76% market share in the U.S.
QuickBooks Global Market Share
QuickBooks Global Market Share. ( Source: Codat )
This article will focus on QuickBooks Online. QBO features include:
Billing
Income and expense tracking
Invoice management
Tracking mileage
Time tracking
Inventory management
Profit and loss reports
Automated online banking
FreshBooks Overview
FreshBooks was first launched in 2003. Mike McDerment was running a four-person design agency and was frustrated by the invoicing solutions available. So he built a better one.
FreshBooks continues to focus on freelancers. Although it only has a 4% market share in the US, it has a positive reputation among freelancers and small businesses.
Its features include:
Billing
Income and expense tracking
Time tracking
Sharing images and files
Credit card payments and bank deposits
Report generation
Tracking mileage
FreshBooks vs QuickBooks Pricing
You are looking for the best accounting software for your company.
But as a freelancer or small business owner, you also have to algeria phone number data consider price.
FreshBooks Pricing Plans
Lite: $15 per month
Plus: $25 per month
Premium: $50 per month
Choose a custom price
You can save some money if you choose annual billing instead of monthly. It also has a 30-day free trial, no credit card required.
The most important difference between the plans is the number of billable clients you can have. The Lite plan only allows you to bill five clients, while the Plus plan allows you to bill 50. The Premium and Select plans allow for an unlimited number of clients.