When it comes to bookkeeping for small businesses, there are two main software programs that stand out: QuickBooks and FreshBooks. Both have their pros and cons, but which one is right for your business? In this article, we'll compare QuickBooks and FreshBooks side-by-side to help you decide.

Features

Both QuickBooks and FreshBooks offer a variety of features to help small businesses with their bookkeeping. QuickBooks is slightly more comprehensive, offering features like inventory tracking and purchase orders, while FreshBooks focuses more on invoicing and time tracking. However, both software programs offer basic accounting features like tracking income and expenses, creating financial reports, and more.

QuickBooks Features

QuickBooks offers the following features:

• Income and expense tracking
• Financial reports
• Invoice and estimate creation
• Billing and payments
• Inventory management
• Purchase orders
• Time tracking
• Tax preparation

FreshBooks Features

FreshBooks offers the following features:

• Income and expense tracking
• Financial reports
• Invoice and estimate creation
• Billing and payments
• Time tracking
• Tax preparation

Ease of Use

Both QuickBooks and FreshBooks are fairly easy to use, although QuickBooks does have a bit of a learning curve. QuickBooks is more comprehensive, so it offers more features and options, which can be overwhelming for some users. FreshBooks, on the other hand, is more streamlined and user-friendly. It's simpler to use and has a more intuitive interface.

Pricing

QuickBooks and FreshBooks both have different pricing plans depending on the needs of your business. QuickBooks offers a monthly subscription starting at $20/month, while FreshBooks' subscription starts at $15/month. QuickBooks also offers a self-employed plan for $10/month. FreshBooks does not offer a self-employed plan.

Bottom Line

Both QuickBooks and FreshBooks are great bookkeeping software options for small businesses. QuickBooks is more comprehensive and offers more features, while FreshBooks is more user-friendly and streamlined. QuickBooks also has a higher monthly price tag. Ultimately, the best software for your business depends on your specific needs and preferences.