FreshBooks
About the brand
FreshBooks is a leading cloud-based accounting software designed for freelancers, small businesses, and anyone new to accounting. Founded in 2003 by 2ndSite Inc. and headquartered in Toronto, Canada, FreshBooks has become a brilliant solution for simplifying financial management. With an intuitive interface and a brilliant range of features, FreshBooks makes handling tasks like invoicing, expense tracking, time tracking, mileage tracking, and double-entry accounting straightf...orward. Its subscription-based model includes tools such as accounts payable, fixed asset depreciation, payroll integrations, and detailed business reporting, catering to professionals across various industries. Accessible via desktop and mobile, FreshBooks ensures all financial data is securely stored in the cloud on a unified ledger, allowing users to work seamlessly from anywhere. It supports multiple tax rates, currencies, and country-specific tax calculations, including GST, HST, and MTD compliance, making it a global solution for small business needs. With consumer-friendly pricing and a free API for third-party integrations, FreshBooks delivers brilliant solutions to simplify business finances while supporting growth and productivity. Read more
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Maab Saleem
We make the best effort to present up-to-date information; however, the terms of each offer can be revised according to the service provider’s discretion. The above shall not be considered as an expert or professional advice for any matter.
Thank you!
Does this software create and process tax forms, like W-2s?
can I create Purchase Orders with freshbooks?
Can vendors in your payables software be coded to multiple general ledger accounts? My client’s current environment allows for them to pull up a vendor and generally create default coding along different dept GL codes. That way they do not have to manually enter the GL codes for multiple accounts each time, since each vendor has their default settings among multiple codes. Of course we have the ability to override these should the vendor purchase be something different than normal
Is this a good app for a nonprofit organization in that you can create multiple funds accounts?
I take a lot of out-of-office meetings for my business. Does Freshbooks work on my mobile phone?
Is this software secure? Will my financial information be safe?
Does all options include accounting with a general ledger
Hi Candice,
FreshBooks offers a General Ledger as part of its advanced accounting features, but these are available only on the Plus, Premium, and Select plans.
For more information, check out this link on their site: https://support.freshbooks.com/hc/en-us/articles/360006980031-What-is-the-General-Ledger-report/
Does it generate Financial Statements and Budgets
Hi Stephen,
FreshBooks generates various reports that provide the underlying data needed for financial statements. These reports include profit and loss (P&L), sales tax summaries, and project profitability reports.
You can check out more information here: https://www.freshbooks.com/financial-reporting
Does this program have a mileage tracking program with it
Hi Melvin,
Yes, FreshBooks offers a mileage tracking program built into their mobile app. It automatically tracks your mileage while you drive (with location services enabled on your phone). You can also categorize each trip as business or personal, plus see a report of your potential tax deductions based on your mileage.
can i send invoice with text
Hi Trisha,
FreshBooks currently supports sending invoices via email, but it does not have a feature for sending invoices directly through text messages.
Can FreshBooks automatically download transactions from a bank or brokerage account?
Hi William,
Yes, FreshBooks can automatically download transactions from your bank or brokerage account. Once connected, FreshBooks will detect and import new expenses automatically, helping to streamline your bookkeeping process.
Is freshbooks adaptable for a custom woodworking shop.? are you affiliated with a payroll service?
Hi Tony,
FreshBooks can be adapted for a custom woodworking shop by using its accounting and invoicing features to manage your finances and client billing. For payroll, FreshBooks integrates with Gusto to handle payroll needs, making it easy to manage employee payments and taxes.
Can freshbooks track expenses such as daily mileage and upkeep for a vehicle?
Hi Tony,
Yes, FreshBooks can track expenses such as daily mileage and vehicle upkeep. You can utilize the Mileage Tracker feature to automatically log trips and track vehicle expenses for tax deductions.
A liquor store with house accounts. Items are “charged” throughout a month then the house account owner will pay the charge the following month. Some of the balances are carried over to the next month or further. Can these house accounts be set up in Freshbooks? Is a barcode reader available to read the bottle purchases to enter the charges in the individual house account? If so, can balances be carried over in 30, 60 and 90 day time frames? Can the monthly invoice be printed with the carried over balances shown on the invoice?
Hi Mike,
FreshBooks doesn’t support creating house accounts or using a barcode reader for bottle purchases directly within the software. However, you can manage customer balances and track invoices, including carrying over balances for 30, 60, and 90-day time frames, using the Accounts Aging Report. Monthly invoices can also reflect carried-over balances.
Can I create Statements with FreshBooks?
Hi Lorin,
Yes, FreshBooks allows you to create Client Statements, which include key information like outstanding balances, invoice and payment history, and available credits.
Does Freshbook store all my invoices and if so for how long?
Hi Crystal,
FreshBooks securely stores all your invoices, and you can access them anytime as they are kept indefinitely in the cloud.
does freshbooks have a check register feature?
Hi Dawn,
FreshBooks does not have a built-in check register feature. However, you can use the bank reconciliation feature to keep track of your transactions and ensure your records match your bank statements.
can I do Payroll
Hi Laura,
Yes, FreshBooks can handle payroll through its integration with Gusto, which allows you to run payroll, manage direct deposits, file payroll taxes, and more.
Can you print checks from the program?
Can you set up budgets?
Hi Peggy Ann,
FreshBooks integrates with software like Checkeeper to print checks. While FreshBooks itself doesn’t have built-in check printing, these integrations make it convenient. Setting up budgets isn’t a built-in feature, but you can manage your finances effectively using other tools provided.
Does Freshbooks have a desktop version? Due to lack of internet not being reliable I cannot use a cloud based program.
Hi Vicki,
FreshBooks primarily operates as a cloud-based program and doesn’t have a dedicated desktop version for offline access. The software relies on an internet connection to sync data and provide real-time updates across devices.
Can FreshBooks be connected to other software to collect images or customer information?
Can I use FreshBooks to keep accounts for different clients and if so, how many different clients can I work with?
Hi Sandra,
FreshBooks can integrate with other software to collect images and customer information using various integrations available in the FreshBooks App Store and via Zapier. You can manage accounts for multiple clients, and the number of clients you can work with depends on the plan you choose.
Can you create work orders?
Hi Lauren,
FreshBooks does not have a built-in feature for creating work orders, but it offers comprehensive accounting and invoicing tools that help you manage your business efficiently.
Hello,
Can FreshBooks be used to enter income and expense transactions and prepare a Profit & Loss (Income) Statement? I have to enter 289 transactions for a new client and create the P&L by next Friday, August 11th.
Can this software perform that function?
Thank. You
Hi Titus,
Yes, FreshBooks can be used to enter income and expense transactions and prepare a Profit & Loss (Income) Statement.
Does the Lite software option generate financial statements, income statement and balance sheet? Is a general ledger report available with this option
Hi Jackie,
Yes, with the Lite plan, you can generate essential financial reports like income statements (Profit & Loss), balance sheets, and general ledger reports.
I am not clear about the term “per seat”. I’m a solopreuner S-Corp . I want to run reports, general ledger and keep track of expenses mainly. So, I’ve got the business and then joint tax return with my spouse. Is that 2 seats?
Hi Kathy,
The term ‘per seat’ refers to the cost associated with each user who will be using the software within your company.
I’d advise you to contact the company for more information.
Have a great day!