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The bottom line
Good freelancer accounting, but check the client limits and add-ons before you switch.
FreshBooks covers invoicing, expenses, payments, time tracking and accounting reports, with mobile apps for iPhone and Android. The pricing page lists Lite at $23/month for up to five clients, Plus at $43 for up to 50, and Premium at $70 for unlimited clients. Select pricing is not published, and the page mentions 10% off yearly billing without showing annual prices.
Budget for extras if you need them: team members cost $11 per user/month, Advanced Payments is $20/month, and Payroll is $40/month plus $6 per user/month. One Reddit user reported a legacy plan changing from $29.95 to $50 while losing features; that is an individual report, not the current listed plan price.
Good fit if
- Freelancers who invoice clients
- Small businesses tracking expenses
- Teams needing time-based billing
Skip it if
- Businesses with many clients on Lite
- Teams needing low-cost payroll
- Buyers who need published annual prices

ScoresHow it rates
What works
- Invoicing includes tracked time and expenses
- Expense tracking includes receipt scanning and bank imports
- Time tracking can be added to invoices
- Plus includes proposals and client retainers
- 30-day free trial is listed
What doesn't
- Lite limits invoices to five clients
- Plus limits invoices to 50 clients
- Select pricing is not published
- Annual prices are not shown
- Payroll and team accounts add monthly costs
01What FreshBooks actually does
FreshBooks is cloud accounting software aimed at small businesses, with a particular fit for freelancers who bill clients. It runs in a web browser and has iPhone and Android apps. The main job is to connect the work you do with the money you charge: create invoices, add tracked time or expenses, calculate taxes, and offer clients payment options. You can also automate billing and send payment reminders.
For the books, FreshBooks offers expense tracking through bank imports, receipt scanning and automated categorization, plus accounting reports that include double-entry reports and balance sheets. It also lists payroll for business owners and teams, though payroll is a paid add-on. The pricing page lists a 30-day free trial and no free plan. In short, FreshBooks bundles client billing and basic accounting workflows; the right plan depends less on the headline price than on how many clients you invoice and which tools you need.
02Where FreshBooks is strong
FreshBooks makes the most sense when invoicing, time tracking and expense capture need to work together. You can track time, add it to an invoice, attach expenses, and automate billing and payment reminders. That is a practical setup for a freelancer who wants less manual transfer between project work and client billing. The mobile apps also support receipt scanning, according to the feature list.
The plan structure gives smaller businesses a clear starting point: Lite is $23 per month for up to five invoiced clients, while Plus is $43 for up to 50. Plus adds proposals, client retainers, receipt scanning and accountant access. Premium is $70 per month and removes the invoiced-client cap, with project profitability and custom email templates listed as inclusions. All prices are monthly; the pricing page mentions 10% off yearly billing but does not publish the annual totals.
A commenter comparing freelancer tools described FreshBooks as focused on invoicing and accounting, rather than broader business management. That narrower scope can suit a business that mainly needs to bill and keep its books organized.
03Where it falls short
Client caps are the first thing to check before switching. Lite covers invoices for five clients and Plus covers 50; only Premium and Select list unlimited clients. A low starting price can stop being relevant as your client list grows. Receipt features also vary: Lite lists real-time expense tracking, Plus adds receipt scanning, and Premium lists scanning with line items.
Extras can raise the bill. Team Members cost $11 per user per month. Advanced Payments is $20 per month, though included with Select. FreshBooks Payroll is listed at $40 per month plus $6 per user per month. Select has no published price, so its two included team accounts, dedicated phone support and Easy Switch data import come with a cost you’ll need to ask FreshBooks to quote.
There is also a reason to check your renewal terms: one Reddit user said their plan was changing from $29.95 to $50 while losing features. That is one customer’s report, not a universal price change, but it makes the plan and renewal details worth confirming before you move.
04FreshBooks pricing: what you'll actually pay
FreshBooks starts at $23/month for Lite, which covers invoices for up to five clients. Plus costs $43/month and raises that cap to 50 clients; Premium is $70/month for unlimited clients. That’s a $20 jump from Lite to Plus, then another $27 to Premium. Check the client limit against your roster before switching: the cheaper plan may stop fitting as you grow.
The pricing page mentions an extra 10% off yearly billing but does not show annual prices. It also advertises Lite at $4.60/month for four months, an 80%-off offer—not the regular price. A 30-day free trial is listed; there’s no free plan.
Add-ons can change the bill: Team Members cost $11 per user/month, Advanced Payments is $20/month, and FreshBooks Payroll is $40/month plus $6/month per user. Advanced Payments is included with Select, whose price is not published. Select also includes two team accounts and Easy Switch data import.
05Switching to (or from) FreshBooks
FreshBooks lists Easy Switch data import as a Select feature, but the published pricing details do not explain which records it imports, what formats it accepts, or whether other plans include migration help. Select’s price is not published, so confirm the cost and import scope before treating it as a practical switching route. We also don’t have source details on FreshBooks’ data export process or any cancellation steps; ask FreshBooks how to retrieve your records before moving accounting systems.
The clearest reason to reconsider a plan is its client cap: Lite covers five clients and Plus covers 50, while Premium and Select allow unlimited clients. Payroll and team access can add monthly costs, too. No Reddit posts or comments were included in the published material, so we can’t responsibly attribute common reasons for leaving to FreshBooks users. If you’re comparing alternatives, check both migration support and the cost of replacing the features you use—not just the headline monthly price.
From the threadsWhat users say
Reddit feedback is mixed: one long-time customer says their price is jumping while features are being removed, while a bookkeeper praises FreshBooks support, project invoicing, and mobile apps. Users also warn that doing your own books in FreshBooks can mean adjusting your workflows.
my plan is being changed from $29.95 to $50, and they're reducing the features on it to boot
If you plan to do your own books, it takes a shift in thinking and workflows to get the hang of it
But their support is amazing
I do prefer projects & invoicing through Freshbooks. Overall feel of it is smooth and the mobile versions are great
Questions people ask
How much does FreshBooks cost?
The pricing page lists Lite at $23 per month for up to five clients, Plus at $43 for up to 50 clients, and Premium at $70 for unlimited clients. Select has no published price. There is no free plan; the page lists a 30-day free trial and an extra 10% off yearly billing, but not annual prices.
What does FreshBooks do?
FreshBooks is cloud accounting software for small businesses, available in web browsers and through iPhone and Android apps. Its listed features include invoicing, time and expense tracking, online payments, payment reminders, receipt scanning, bank imports, payroll, and accounting reports including balance sheets and double-entry reports.
How do I cancel my FreshBooks subscription?
The published FreshBooks material does not publish cancellation instructions, deadlines, or details about refunds. Check FreshBooks’ current account or support information for the steps that apply to your subscription before switching. The published pricing information lists a 30-day free trial, but does not explain how trial cancellation works.
Who makes FreshBooks?
The published material identifies FreshBooks as the product and links to freshbooks.com, but it does not name the company or publisher behind it. We can’t verify the maker from these sources, so check FreshBooks’ own company information for its current corporate details.
How does FreshBooks compare with QuickBooks?
The published sources don’t provide a full feature or price comparison. They describe FreshBooks as focused on invoicing and accounting, with tools such as time tracking, expense management, and reports. A FreshBooks bookkeeper on Reddit says users moving from QuickBooks Online may find Xero quicker to learn, while preferring FreshBooks for projects and invoicing.
Sources
- FreshBooks homepage
- FreshBooks pricing page
- Reddit: Freshbooks alternatives? They're reducing their plan options and jacking up the price a LOT, so I need to switch.
- Reddit: Those Who Have Migrated from QB Desktop to Xero/Freshbooks/Zoho, Any Regrets?
- Reddit: Hello Bonsai vs Freshbooks?
- Reddit: Is Freshbooks a good option?
