FreshBooks is an excellent accounting service. Freelancers or creative consultants can easily and professionally create invoices and send them to clients from their desks or on the go. In the past, this service was free for up to 3 clients, but it seems that the cheapest plan is now $6.00 per month for up to 5 clients. However, this is not too expensive for something as crucial as invoicing. But it’s your money, so if you want, you could also use one of the templates from MS Word (part of MS Office) or OpenOffice and do everything manually.
FreshBooks for Invoicing and Billing
FreshBooks is an online service for small business invoicing and billing (similar to Express Invoice or Zoho Invoice). It’s simple to create and customize your invoice, add your logo and personalize your thank you email. Your clients can pay you online and you get paid much faster because there is no waiting for a check to arrive and no waiting at the bank. From sending reminders to securely charging your client’s credit card, you can automate as much of your business as you like. You can simply let FreshBooks follow-up with clients so you can focus your time on what matters most. Adding your tracked time and expenses to your invoices is also possible so you will never leave money on the table again.
Track Your Business Expenses
You can connect your bank account or credit card to FreshBooks. This feature means you don’t have to update your business spending manually. Your account will automatically be updated with your most recent spending so your business is always up-to-date. And you don’t have to worry about losing receipts. Just snap a picture of a receipt, log it, and let FreshBooks keep everything organized for you. Categorization of expenses also helps to deal with your tax filings. At tax time you have all the information you need without any of the complexity. Besides, you can quickly mark your business expenses as billable, add a markup, and then automatically pull them onto an invoice for your client. Tracking expenses is easy as well. This means that you can keep an eye on what you are spending on projects and how it relates to your budget.