When working to build up or grow your business, you will be most likely in the need of hiring accounting services. There are many companies and financial planning software options for you. For example, QuickBooks and FreshBooks. These two can help you to streamline your accounting, bookkeeping and overall business management processes. These softwares are designed to keep your business, organization or company running smoothly, without mistakes, delays or lack of insight into your business future. But, you may wonder, which one is better for you? Which one will support you in the specific areas you need support?
In this article, we will guide you through some of the differences between FreshBooks and QuickBooks, so that you can better analyse and decide which one is better for you.
QuickBooks.
QuickBooks will take care of your reports, financial records, business data, etc. It also organizes them for you. That will make all the information easy to manage. QuickBooks provides you more powerful bookkeeping and accounting tools. Choosing QuickBooks as go-to accounting software for your business has more benefits. But the benefits and features that you will enjoy are different for different editions of QuickBooks. In spite of the edition of QuickBooks you are working, you will find it easy to use. In addition, you have some extra benefits like money management, financial reporting, invoicing and billing capabilities and many more.
FreshBooks.
FreshBooks is a cloud-based, small, business accounting software. It will help you organize and simplify many accounting tasks that are vital to your business. As a business owner or business manager, you’ll want to spend as less time as possible doing paperwork. If this is so, then FreshBooks might be the best choice for you. FreshBooks is a perfect software for making financial reports, keeping records and overall complete business management. Also, it automates tasks like invoicing, organizing expenses, tracking your time and following up with clients in just a few clicks. Your data will be stored in the cloud so you can access anytime from any device.
Quickbooks Premier |
Freshbooks |
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Monthly Cost | It varies depending on the version you choose. The monthly cost begins at $27 dollars and can go up to $40 dollars. | It also depends on the chosen version. Freshbooks costs between $15 and $50 dollars in the monthly versions.
There is also a Custom Pricing option, in which the client creates their own plan according to their specific needs and is charged accordingly. |
Who does it work best for? | Quickbooks might work better for commerce-oriented companies. | Freshbooks, on the other side, is a better option for service-based businesses. It is also often recommended for freelancers and upcoming entrepreneurs. |