Freshbooks vs Quickbooks: The Ultimate Showdown
As a small business owner, keeping track of financial records is crucial. It can make or break the success of your business. However, choosing between accounting software can be overwhelming. That's why we at Flare Compare have taken it upon ourselves to compare two of the most popular accounting software, Freshbooks and Quickbooks.
Cost
Let's start with the most obvious factor that most business owners consider - cost. Freshbooks offers three price points with varying features - Lite ($6/month), Plus ($10/month) and Premium ($20/month). On the other hand, Quickbooks has four pricing plans - Simple Start ($25/month), Essentials ($40/month), Plus ($70/month) and Advanced ($150/month).
While Freshbooks offers lower-priced plans, Quickbooks Advanced offers more features and accommodations for larger businesses than Freshbooks' Premium plan. However, for small businesses with limited team members, the Lite plan of Freshbooks could be a great option.
Features
Freshbooks offers essential features such as invoicing, expense tracking and time tracking as well as additional features including project management and double-entry accounting. Quickbooks offers more features in its higher-priced plans such as inventory management, purchase ordering, and payroll management.
Both software can be used on mobile devices, and Freshbooks offers a time tracking mobile app for easy tracking of hours for billing.
User Experience
When it comes to user experience, Freshbooks is known for being user-friendly with a simple and intuitive interface. Quickbooks also has a good user interface, but some users have found it less user-friendly than Freshbooks.
Customer Support
Freshbooks offers customer support via email and telephone, while Quickbooks offers email, telephone and live chat support. Both offer a knowledge base and community support as well.
Verdict
At the end of the day, the choice between Freshbooks and Quickbooks ultimately depends on your needs as a business owner. If you're looking for a software that's easy to use with essential features, Freshbooks may be the better choice for you. However, if you're willing to spend more for additional features such as inventory and payroll management, Quickbooks could be a better fit.
We hope this comparison has helped you in making an informed decision. Happy accounting!
References
Freshbooks pricing: https://www.freshbooks.com/pricing
Quickbooks pricing: https://quickbooks.intuit.com/pricing/
Comparing Freshbooks and Quickbooks: https://www.business.org/finance/accounting/freshbooks-vs-quickbooks/