Review 2026
FreshBooks
Reviewed by the Ikaroa team | Last updated: March 2026
Starting Price
£12/month
Founded
2003
Headquarters
Toronto, Canada
Our Rating
4.2/5
Overview
FreshBooks is an invoicing-first accounting platform designed for freelancers and service-based businesses. It excels at creating professional invoices, tracking time, managing expenses, and accepting payments. While it has added double-entry accounting features, its core strength remains making invoicing painless.
We have been working with FreshBooks across multiple client projects since 2005, and this review reflects our hands-on experience implementing it for businesses of all sizes.
Key Features
FreshBooks Pricing
Lite
£12/month
- •5 billable clients
- •Unlimited invoices
- •Expense tracking
- •Time tracking
Plus
£22/month
- •50 billable clients
- •Automated recurring invoices
- •Business health reports
- •Double-entry accounting
Premium
£35/month
- •Unlimited clients
- •Project profitability
- •Customised email templates
- •Auto bank reconciliation
Select
Custom
- •Dedicated account manager
- •Custom onboarding
- •Accounts payable
- •Lower credit card rates
Pros & Cons
Pros
- +Best-in-class invoicing experience
- +Excellent time tracking built in
- +Beautiful, professional invoice templates
- +Easy to learn for non-accountants
- +Great mobile app for invoicing on the go
Cons
- -Client limits on lower tiers
- -Full accounting features are newer and less mature
- -More expensive per feature than Xero or QuickBooks
- -Limited inventory management
- -Not suitable for complex accounting needs
Who Is FreshBooks Best For?
Freelancers and service businesses wanting beautiful invoicing with time tracking
Alternatives to FreshBooks
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Our Verdict
FreshBooks earns a strong 4.2/5 in our review. With pricing starting at £12/month, it offers best-in-class invoicing experience. While client limits on lower tiers, it remains a solid choice for freelancers and service businesses wanting beautiful invoicing with time trackin...
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Is FreshBooks worth it in 2026?▼
FreshBooks rates 4.2/5 in our review. It is best suited for Freelancers and service businesses wanting beautiful invoicing with time tracking. Whether it is worth it depends on your specific needs and budget.
How much does FreshBooks cost?▼
FreshBooks pricing starts at £12/month for the Lite plan. Check the pricing section for a full breakdown.
What are the best alternatives to FreshBooks?▼
Top alternatives to FreshBooks include QuickBooks, Xero, Wave. Visit our alternatives page for a detailed comparison.
Does FreshBooks offer a free plan?▼
FreshBooks does not currently offer a free plan, but they do provide a free trial.
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