There are many accounting software programs on the market today that small businesses can use to keep track of their finances. Two of the most popular accounting software programs are FreshBooks and FreeAgent. In this article, we will compare and contrast these two programs in order to help you decide which one is right for your business.
What is FreshBooks?
FreshBooks is a cloud-based accounting software program that helps small businesses manage their finances. The program is easy to use and offers a variety of features, such as invoicing, expense tracking, and time tracking. FreshBooks also offers a mobile app, so you can manage your finances on the go.
What is FreeAgent?
FreeAgent is another popular cloud-based accounting software program. Like FreshBooks, FreeAgent offers features such as invoicing, expense tracking, and time tracking. FreeAgent also integrates with a variety of other business software programs, such as project management software and customer relationship management (CRM) software.
Pricing
FreshBooks and FreeAgent both offer monthly subscription plans. FreshBooks plans start at $15 per month, while FreeAgent plans start at $20 per month. FreshBooks also offers a discount for annual plans.
Features
Invoicing
Both FreshBooks and FreeAgent offer invoicing features. With FreshBooks, you can create and send invoices in just a few clicks. You can also set up recurring invoices for customers who need to be billed on a regular basis. FreeAgent's invoicing features are similar to FreshBooks. With FreeAgent, you can also track payments and send reminders to customers who have outstanding invoices.
Expense Tracking
Both FreshBooks and FreeAgent offer expense tracking features. With FreshBooks, you can track your business expenses by category. This can be helpful come tax time. FreeAgent's expense tracking features are similar to FreshBooks. With FreeAgent, you can also attach receipts to your expense entries.
Time Tracking
Both FreshBooks and FreeAgent offer time tracking features. FreshBooks' time tracking features are integrated with the invoicing features. This means that you can track the time you spend on a project and then bill your customer for that time. FreeAgent's time tracking features are similar to FreshBooks. With FreeAgent, you can also create timesheets for your employees.
Integrations
As mentioned above, FreeAgent integrates with a variety of other business software programs. This can be helpful if you use multiple software programs to run your business. FreshBooks also offers integrations, but not to the same extent as FreeAgent.
Conclusion
Both FreshBooks and FreeAgent are popular accounting software programs. They both offer features such as invoicing, expense tracking, and time tracking. FreshBooks plans start at $15 per month, while FreeAgent plans start at $20 per month. FreeAgent offers more integrations than FreshBooks.