Hi. I’m Justin Fraction for TechnologyAdvice. FreshBooks is one of many software accounting solutions available. But because of its intuitive user interface and straightforward features, it might be the best tool for the freshman companies in the business world. So here’s a quick overview covering a few of its features to help better understand how it works. To start things off, let’s talk about timekeeping, one of FreshBooks most essential functions.
The program offers built-in time-tracking capabilities that are helpful for project- and case-based businesses where employees track billable hours alongside other project expenses. The dashboard and project views of these hours help you keep your entire project and individual employees on the right task at the right time. Depending on the size of your team, you’ll likely import this data into your accounting system once compiled. Another major feature that FreshBooks focuses on is invoicing.
The software includes customizable invoice designs and a click-to-pay button so customers can easily pay their invoices online. The invoices pull data directly from the timekeeping feature, as long as you mark your hours as “billable.” Automations include recurring invoices and automatic invoicing of billable hours, as well as follow-up emails for overdue payments. FreshBooks Payments allows the recipient to pay the invoice immediately via credit card, Apple Pay, and ACH.
Now FreshBooks isn’t perfect. It has a few limitations in its program. Luckily it combats this problem by including over 100 integrations. FreshBook’s integrations allow you to connect your app to a plethora of resources such as tax filing tools, payment tracking and utilizing other website functions. For example, you can connect your FreshBooks to Zapier to process and organize actions in tons of other systems. And that’s a wrap on my FreshBooks overview.
I recommend trying out its 30-day free trial if you want to learn more about it. Or head over to TechnologyAdvice.com for an in-depth comparison. Both links are in the description. Also don’t forget that FreshBooks isn’t the only accounting solution out there. Click this button here if you want to check out your other options. Or if you prefer to keep watching videos, then subscribe to our channel here. Then click this playlist over here to view our other latest overviews. Until next time.