7 Best FreshBooks Alternatives of June 2023

Unlike FreshBooks, Wave’s accounting software is free to use. Features include income and expense tracking, automated invoice reminders, unlimited bank and credit card connections and a dashboard showing cash flow and invoice statuses. Wave also offers different invoice templates depending on the type of business you run: consulting, freelance, legal services, marketing or professional services.

QuickBooks Online is good for businesses that are still growing or plan to grow, thanks to its reporting capabilities and granular transaction tracking tools that let you group transactions by department or location, among other categories. Reporting capabilities scale up with each plan, but even the least-expensive Simple Start plan includes more than 50 reports. It integrates with more point-of-sale systems and payroll software platforms than FreshBooks does and offers its own in-house bookkeeping support, in case you need additional assistance.

If you appreciate the ease of use and functionality of FreshBooks’ mobile app, Zoho Books could be a great alternative. Its mobile app lets you send invoices via iMessage or add widgets to your phone’s home screen so that you can easily access timers and overdue invoices. You can track time, send payment reminders and review outstanding invoices from the Apple Watch app, too. Zoho Books can also be more affordable than FreshBooks — its free plan allows for up to 1,000 invoices per year.

If the software you need to sync with isn’t included in FreshBooks’ list of more than 130 integrations, you might find it in Xero’s app store. This accounting software integrates with more payroll and point-of-sale products than FreshBooks does and lets you add as many users as you want. FreshBooks charges $10 per additional user, per month, which can get expensive if you want to give employees access to the software. Xero is also known as a user-friendly platform that sidesteps the potentially confusing accounting jargon you may find with other providers.

Sage Accounting, also known as Sage Business Cloud Accounting, offers two affordably priced plans that cover the basics for small business with up to 10 employees. And unlike Wave Accounting, another budget software product, Sage includes audit trails and some third-party integrations. As an added bonus, the more expensive $25/month plan accommodates unlimited users and lets you forecast cash flow.

ZipBooks’ free accounting plan stands out for its Square and PayPal payment integrations, a feature some companies provide only in paid plans or as an add-on. Aside from payments, free plan subscribers can also integrate with business apps like Gusto and Slack. The company offers a separate Growth plan for generating customer reviews and managing business listings, too. This could be a valuable feature for businesses that are just getting started and want to increase their brand awareness.

If you only need to send invoices and receive payments, Hiveage stands out for its simplicity. Creating one-time and recurring invoices is straightforward, the dashboard is easy to navigate, and it offers time and expense tracking even in the free version. You can accept online payments with any plan, but to accept offline payments through cash, check and bank transfer, you’ll have to subscribe to the most-expensive Plus plan. Hiveage can also integrate with accounting, customer relationship management and project management software via Zapier.