QuickBooks vs FreshBooks: The Ultimate Showdown
Doing accounting can often take up a lot of precious time and resources, but with the rise of cloud-based accounting applications, it's never been easier to handle your finances than it is now. QuickBooks and FreshBooks are two of the most popular accounting apps on the market, but which one should you choose? In this blog post, we'll be comparing the two to find out which one is best for you.
Features
QuickBooks and FreshBooks each offer a range of features to make accounting easy with a slight difference in their approach to features. Let’s see what each app has to offer.
QuickBooks
QuickBooks includes,
- Invoicing
- Profit and Loss Reports
- Accountant Access
- Sales Tax Tracking
On top of that, Intuit (the parent company) offers payroll services, payment processing, and point-of-sale systems—though they’re not all included with the standard subscription.
FreshBooks
In contrast, FreshBooks features,
- Estimates and Invoices
- Project Budgeting
- Time Tracking
- Double-Entry Accounting
While some features vary the main function of FreshBooks is project-based—everything revolves around creating and managing projects as opposed to individual transactions.
Price
Price is an important factor when it comes to choosing an accounting app. Here’s how Quickbooks and FreshBooks pricing plan compare.
QuickBooks
QuickBooks is an American accounting software package developed and marketed by Intuit. Their different price plans are,
- Simple Start ($12.50/month)
- Essentials ($20.00/month)
- Plus ($35.00/month)
- Advanced ($75.00/month)
Freshbooks
As for FreshBooks, pricing options are a bit limited but include,
- Lite ($6/month)
- Plus ($10/month,)
- Premium ($20\month)
Customer Support
Finally, we’ll take a quick look at customer support. After all, problems can arise when you’re dealing with your finances!
QuickBooks
QuickBooks offers phone support for an extra fee, but they don't have a live chat feature. However, they have 24/7 email support and a community forum where you can get help from other users.
FreshBooks
In comparison, FreshBooks has a live chat feature available from Monday to Friday between 8 am and 8 pm EST. They also offer phone and email support during those hours.
Final Thoughts
Both QuickBooks and FreshBooks are great options for cloud-based accounting, but they each have their own strengths and weaknesses. QuickBooks has more robust features overall, especially if you're looking for payroll and payment processing options. However, FreshBooks is great for project-based organizations.
We hope this comparison has been helpful in deciding which accounting app is best for you.
References
- (Intuit QuickBook’s) QuickBooks pricing tiers.
- (FreshBooks) FreshBooks pricing information.