Best 3 Freshbooks Alternatives to Manage Accounting

Posted by Lyza on October 23rd, 2021

FreshBooks is one of the most popular accounting solutions on the market. The software is fully featured and relatively easy to use, making it a good choice for many small and mid-sized businesses.

The Sheer number of businesses using it and the positive reviews you can find online say something about the software, but that doesn’t necessarily mean it’s the perfect choice for you!

So, here are 3 FreshBooks Alternatives to consider, in no particular order:

1. QuickBooks
2. Xero
3. Wave

QuickBooks Pro

QuickBooks Pro is an office-based edition of QuickBooks. It can track clients and vendors, manage all banking-related tasks, handle payments, and more. QuickBooks Pro offers excellent features and functionalities. With QuickBooks Pro, you can track bounced checks, customize email templated, get simplified customer forms, add multiple attachments, and get a calendar view.

Why Use QuickBooks Pro?

• Can keep all your accounting data organized
• Allows users to generate profit/loss statements easily
• Enables users to gather all bills and overdue items in one location using the Bill Tracker
• Customizable
• Works both online and offline

Why Not Use QuickBooks instead of FreshBooks?

• You can easily track expenses with FreshBooks
• FreshBooks is simpler
• FreshBooks offers multi-currency and multi-language support.
• FreshBooks allows for better collaboration with contractors, clients, and team members.

Xero

Xero is one of the top accounting solutions and a leading collaboration app designed to manage all the financial activities of small businesses in any industry. The solution is stable, user-friendly, and offers convenient features that make accounting much more manageable.

Xero offers a large number of integrations with third-party apps and services to further extend its functionality.

With Xero, you can manage your bills, invoices, and quotes with ease.

Why Use Xero?

• Offers a 30-day free trial
• Payroll and multi-currency functionalities
• Easy to set up and takes minutes to start using
• Simplified transactions
• Offers enhanced inventory and stock management

Why Not Use Xero instead of FreshBooks?

• Xero’s pricing packages cost more than those offered by FreshBooks
• FreshBooks offers unlimited invoices
• FreshBooks accepts online credit card payments
• FreshBooks allows you to track invoice status

Wave

Wave is a popular accounting, invoicing, and receipt scanning software with one advantage, which makes it very popular with freelancers and small businesses: It’s free.

Wave is free for consultants, freelancers, entrepreneurs, and small businesses with less than ten team members. The solution is also easy to set up and takes no time to learn and start using. The dashboard is simple and easy to navigate, and the features are easy to access.

Wave allows users to monitor expenses, manage employees and taxes, chase payments, and create and send professional invoices, estimates, and receipts.

Why Use Wave?

• It’s free, so it’s ideal for small businesses
• A clean dashboard that’s easy to navigate
• Track status of invoices and payments
• Accept payments via credit cards
• Automatic billing and invoicing features

Why Not Use Wave instead of FreshBooks?

• FreshBooks offers more features
• FreshBooks’s features are also more robust
• FreshBooks offers a more modern interface
• FreshBooks offers customer Support via phone and email
• You get unlimited invoices with FreshBooks

I hope this helped. If you found this article helpful, why not share it with a friend who may find it useful as well?

If you have any questions or comments, feel free to leave them below.