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Although FreshBooks is a popular accounting software platform, it isn't the best fit for all businesses. Here are several other options to consider.
FreshBooks accounting software has become a favorite among small business owners, sole proprietors and freelancers. It has a strong reputation as a leading accounting and invoicing solution.
While there’s no debating the software’s popularity, it may not be the best option for every small business. Shopping around is a great idea, but the endless options can seem overwhelming. That’s why we did the research for you. We found several alternatives that might be a better fit for your business’s needs.
Here are some of our picks for the top alternatives to FreshBooks.
According to a 2025 StockOpine analysis, Intuit’s QuickBooks manages finances for more than 7 million small and mid-market businesses, with over 18 million U.S. workers being paid through QuickBooks Payroll. There’s a reason for this ubiquity. If your main focus is getting your accounting software up and running as quickly as possible, QuickBooks Online is a great option. With its easy setup and intuitive interface, QuickBooks Online is perfect for small businesses that want to spend as little time as possible figuring out and using their accounting software.
QuickBooks Online includes a wide array of features, which depend on the plan you select. All plans come with essential tools like:
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Advanced plans also include:
“QuickBooks Online gives you that next-level financial control FreshBooks just can’t match,” said Matt Bowman, the CEO and founder of Thrive Local. “You get true double-entry accounting, real-time insights when you need them, and it plays nice with practically any business app worth using. When you’re juggling multiple employees or need to really dig into your numbers, QuickBooks Online simply offers more room to breathe than FreshBooks ever could.”
QuickBooks Online pricing
There are four QuickBooks Online plans, as well as a separate solopreneur solution designed for freelancers and independent contractors:
Plan | Users | Price per month |
---|---|---|
Solopreneur | 1 | $20 |
Simple Start | 1 | $35 |
Essentials | Up to 3 | $65 |
Plus | Up to 5 | $99 |
Advanced | Up to 25 | $235 |
QuickBooks Online pros and cons
QuickBooks Online pros | QuickBooks Online cons |
---|---|
Support for up to 25 users | Slow customer support response during peak hours |
CPA admin options | 24/7 support and training only available for the highest tier |
Compatibility with hundreds of apps | Limited dashboard customization compared to competitors |
Xero is an excellent alternative to FreshBooks for budget-conscious businesses. This cloud-based accounting platform is designed for organizations that need an affordable, straightforward, scalable solution with essential features like:
Xero is also a fantastic choice for companies with remote work plans that require multi-user access, as it allows unlimited users on all plans. “The thing I absolutely love about Xero is its unlimited users feature — no more paying extra for team access,” said Andrew Lokenauth, founder and CEO of TheFinanceNewsletter.com. “Their reporting is fantastic, too, with customizable options that’ve helped me create better insights for my clients. The bank reconciliation is practically automatic (saves about three to four hours weekly).”
Lokenauth also highlighted Xero’s multi-currency option. “Xero’s been my go-to for clients with international business needs,” Lokenauth said. “The multi-currency features work like a charm, and their inventory management system is much more sophisticated than FreshBooks.”
Xero pricing
As our detailed Xero accounting software review notes, Xero offers three plans, with the higher tiers providing more features and functionality:
Plan | Monthly price |
---|---|
Early | $20 |
Growing | $47 |
Established | $80 |
Xero pros and cons
Xero pros | Xero cons |
Unlimited users on all plans | The entry-level plan limits you to five bills |
Extensive app integrations | Invoices are limited to 20 for the basic plan |
Real-time cash flow tracking | Xero reserves the right to change pricing at any time |
Zoho Books is another excellent alternative to FreshBooks, especially for small businesses already enmeshed in the Zoho ecosystem. (Read our review of Zoho CRM and our Zoho Assist review to learn more about these two popular tools.) Its robust feature set includes:
Lokenauth likes the platform’s impressive automation features. “I’ve set up workflows that handle everything from invoice creation to payment reminders without any manual input,” Lokenauth shared, noting that Zoho Books’ customer portal functionality is also more advanced than FreshBooks. (Our detailed Zoho Books review covers even more of its standout capabilities.)
Zoho Books pricing
Zoho Books provides exceptional value for the money and even offers a free plan for businesses with revenue under $50,000 annually.
Plan | Users | Monthly pricing |
---|---|---|
Free | 1 (plus one accountant) | $0 |
Standard | Up to 3 | $20 |
Professional | Up to 5 | $50 |
Premium | Up to 10 | $70 |
Zoho Books pros and cons
Zoho Books pros | Zoho Books cons |
Free plan available for small businesses | Only the highest-paid tier offers revenue recognition |
Strong automation and reporting tools | Customer support is only available during business hours, five days a week |
Offers tax and payment gateway integrations | Audit logs are only available to users in the UK, UAE, KSA, Bahrain, India or EU countries |
Sage 50 is a strong choice for small and midsize businesses that prefer desktop-based accounting software and need advanced features with plenty of customization options. Key tools include:
“Sage 50 is my recommendation for manufacturing and distribution clients who need serious inventory management,” Lokenauth said. “It’s more complex than FreshBooks, but that complexity brings power. The fixed asset management features are particularly strong.”
Sage 50 pricing
Sage 50’s subscriptions are on the pricier side. However, as we explain in our Sage 50 review, this platform is feature-rich and provides robust security and compliance options for industries that need detailed project tracking and financial oversight.
Plan | Users | Monthly pricing |
---|---|---|
Pro Accounting | 1 | $61.92 |
Premium Accounting | Up to 5 | $109.67 |
Quantum Accounting | Up to 40 | $188.67 |
Sage 50 pros and cons
Sage 50 pros | Sage 50 cons |
Advanced inventory and job costing features | No mobile app offered in the U.S. |
Strong reporting and forecasting capabilities | Fewer integrations than many competitors |
Good integration with Microsoft Office | Higher cost than many cloud-based rivals |
Oracle Netsuite
Oracle NetSuite is a comprehensive enterprise resource planning (ERP) solution with powerful accounting tools. It’s best for medium to large businesses that need scalable software to manage complex financial operations, including:
Lokenauth says Oracle NetSuite’s scalability is a huge selling point. “It’s built to handle complex business structures, multiple entities and international operations,” Lokenauth explained. “The reporting capabilities are enterprise-grade, with real-time dashboards and customizable KPIs that make FreshBooks look like a calculator in comparison.”
While NetSuite is expensive and requires a longer setup time, it delivers extensive customization options and robust analytics. It also offers industry-specific editions tailored to sectors like manufacturing, retail and nonprofit, making it a strong fit for organizations that have outgrown basic accounting software.
Oracle NetSuite pricing
Oracle NetSuite pricing isn’t publicly disclosed. To get accurate pricing, you’ll need to speak with an Oracle sales rep, who can prepare a custom quote based on your company’s size, industry and specific needs. According to our research, pricing typically starts at around $99 per user per month, plus a monthly licensing fee of $999. That said, costs can vary widely — some sources report annual pricing anywhere from $30,000 to over $1 million, depending on the scope of your implementation.
Read our review of Oracle NetSuite Accounting to learn more.
Oracle NetSuite pros and cons
Oracle NetSuite pros | Oracle NetSuite cons |
---|---|
Scalable solution with extensive customization | High cost with hidden fees |
Industry-tailored services and features | Long implementation process |
Ideal for global and multi-entity businesses | Not suitable for freelancers or very small teams |
FreshBooks is a popular program, and there are numerous reasons businesses choose it to manage their accounting. But it’s not for everyone. Here are some pros and cons to help you decide if FreshBooks is a good fit for your business.
No matter the size of your business, there are plenty of accounting software options to consider. The most popular platforms are popular for a reason, but don’t let brand recognition keep you from exploring lesser-known tools — one of them might be the perfect fit for your business.
Dachondra Cason contributed to this article.