Freshbooks

FreshBooks is cloud-based accounting software designed specifically for freelancers, self-employed professionals, and small service-based businesses. Founded in 2003 in Toronto, Canada, FreshBooks built its reputation on making invoicing and time tracking effortless for people who aren't accountants. The platform covers the full billing cycle: creating and sending professional invoices, tracking time and expenses, accepting online payments, and generating financial reports. FreshBooks integrates with Stripe, PayPal, and credit card processors so clients can pay invoices instantly. The mobile app is one of the best-rated in its category, letting users log expenses, track time, and send invoices from anywhere. FreshBooks also includes double-entry accounting, bank reconciliation, and accountant access for tax season. Unlike QuickBooks, FreshBooks is not designed for product-based businesses with inventory — it excels for consultants, agencies, lawyers, designers, and other service professionals. Plans start at $19/month (Lite, 5 clients) up to $55/month (Premium, unlimited clients), with a Select enterprise tier for larger teams.