FreshBooks

✓ Verified

Client invoicing, retainer billing, project profitability tracking, and double-entry cloud accounting.

8.8/10

Benchmark Score

FreshBooks is the premier accounting and billing platform for B2B service agencies, consultancies, and professional service firms.

✦ Key Capabilities & Strengths

✓ top-rated client invoicing, recurring retainer management, and automated late-payment reminders
✓ Built-in time tracking converts billable employee hours directly into itemized client invoices
✓ Project Profitability dashboard shows real-time margin after contractor and labor costs
✓ Significantly more intuitive for non-accountant agency founders than QuickBooks Online

✕ 50-client cap on Plus forces high-volume small-ticket businesses onto the $65/mo Premium tier
✕ Additional team seats ($11/user/mo) add up for agencies where 15+ consultants need to log billable time
✕ Lacks advanced warehouse inventory and manufacturing BOM tracking

FreshBooks is the premier accounting and billing platform for B2B service agencies, consultancies, and professional service firms.

Base plans include 1 user login (+1 free accountant seat); additional team members tracking time or sending invoices cost $11/user/month.