Every time someone asks your opinion about the best accounting software for freelancers, what is the top answer that comes in your mind? Because of many reasons, do you always find yourself saying that the best one for you is FreshBooks? Since you have started using this accounting software, you cannot think of any other option that could be better than FreshBooks, and that’s why you recommend it to other freelancers you know.
FreshBooks have been known as award-winning finance and accounting software for freelancers. It is currently holding the title as the ‘Best Online Software Award for 2019′ by FinancesOnline. If you get the chance to browse the software’s review and customer satisfaction rates, you will know why it is being favored by many professionals and experts in the industry. Different freelancers who have used this accounting software share a high-satisfaction review that will encourage you to try this product.
For someone who is looking for a freelance accounting software that is incredibly fast, reliable, easy to use, and tracks the company’s expenses on time, you must go with FreshBooks. It is effective software that can turn complex financial concerns into an enjoyable experience. You don’t need to be an expert or experienced with accounting to be able to use the software efficiently. With a little click, you can create a professional-looking invoice for your clients. FreshBooks also supports time-tracking processes and customization. You can choose to modify the colors, design, and logo of your documents to make sure it look professional.
FreshBooks allows you to automate different tasks such as time tracking, client follow-up, and expenses organization so you can save more time and get to perform other responsibilities. The software’s online payments feature will be a great help to get paid faster. FreshBooks’ mobile app is available for both Android and iOS. With this application installed on your mobile phone or tablet, you can easily run your small business anytime and anywhere. With a snap of your fingers, you can do time tracking, log income and expenses on time, receive updates, send invoices, and chat with your clients. Every transaction is synced in all your devices so you can access the information while being away from your office.
The company has never stopped innovating their software. Recently, FreshBooks had introduced a new version of their product and they are encouraging every user to do an upgrade. The new version of FreshBooks offers a more modernized, easier to use, and better collaboration features that will provide more efficient delivery.
What is the Best Accounting Software for Self-employed?
Finding the self-employed and freelance accounting software for self-employed can be a real struggle for many people. There are many software available in the market for freelancers and self-employed, and they all say that they are the best. If you choose to manage your business without accounting software, that is fine. But if you can find and integrate the accounting software at an early stage of your business, you will enjoy the many benefits that can make sure you have an easier professional life. Here are some of the advantages of accounting software for self-employed:
- Happy customer – no one will be happy to get a payment reminder of a bill that they have settled days ago. And this situation can be avoided if you are using self-employed and freelance accounting software with your business. You can meet the customer’s satisfaction and make them happy.
- Happy Staff – you don’t have to stress your staff with all the payroll works and other accounting processes that concern small businesses. Integrating the freelance accounting software in your small business can prevent possible financial and legal issues.
- Keep yourself happy – as a business owner, you might have many troubles bookkeeping records and tax deadlines. Save yourself from losing time and money because your bookkeeper did a hundreds-of-dollars mistake with your small business record.
How to Pick the Best Accounting
Software for Self-employed?
Before you start looking for the best accounting software for self-employed, you must determine the needs of your business. You have to know that every accounting software is different from the other. Some products may have limited features when it comes to your accounting needs, while others may cover every concern that you have with your business finances. So, before investing in the best accounting software, you need to provide answers to the following concerns:
- What are the accounting functions that I will need to handle?
- How frequently will I use the software and how often will I need to generate reports for business decisions?
- What is my goal and vision for my business?
Now that you know the answers to those questions, you are ready to choose which is the best accounting software for self-employed from this list.
One of the best options for accounting software for freelancers and self-employed is QuickBooks Self-Employed and Quickbooks Online simply because it is inexpensive, easy to use, and there are training resources available anywhere. This accounting solution is best for independent contractors and freelancers since they can now collaborate with their bookkeeper and accountant while using the software.
This accounting software has been the top choice for freelancers and self-employed individuals in Australia, New Zealand, and a few countries in Europe. The product is making its way in the U. S. market as well, making it to the top 5 of the best accounting software for freelancers and self-employed. Like the QuickBooks Self-Employed and Quickbooks Online, you will find a lot of good training resources online for Xero. Many professionals such as writers, designers, lawyers, real estate owners, marketing firms, etc. get paid through using this accounting software.
You may think that FreshBooks is best for independent contractors and freelancers. But it will still depend on your business needs. Another reason why FreshBooks is the best accounting software for freelancers, independent contractors, and self-employed is that the company continues to innovate their software to meet the needs of small businesses. It may have started with online invoicing and time-tracking software. But today, FreshBooks had turned into a software that is best for simple and service-based companies.
Another great option for best accounting software for freelancers and self-employed is Zoho Books. If your business is currently using Zoho’s mail, CRM, and income and expenses, then you might consider adding Zoho books as your accounting software. It’s like you get everything that you need for your freelance business from a single source.
Zoho Books, similar with Quickbooks Online, is best for freelancers and small businesses that need help with their accounting processes
You may not have heard about this software for freelancers or known anything good about this, but let’s change your idea about Sage. This is one of the most competitively priced accounting software for self-employed. It can be used and learned easily, and it is known in the international market too!
Sage may not be a popular option for accounting software for freelancers and self-employed, it’s still a good choice for your business accounting. It can give you the assistance that you need for the financial aspects of the company.
What is the Best App for Accounting?
While starting your own company, you can opt to do the business accounting work such as payroll, bookkeeping, invoices, and many more. It is very easy to be overwhelmed with all the work. But if your freelance business is growing, you will find it difficult to manage everything on your own. At this point, you will need the best app for your accounting needs. But, what app you should have from the market? What app will make your life easier while you look after your business?
The answer is simple – FreshBooks. The app can offer you many benefits that will help you with growing your freelance business. Below are some of the reasons why you should go for the FreshBooks app:
- Cloud-based accounting services – the app works with cloud-based accounting services which means you can bring it anywhere as long as you have access to the internet.
- Plenty of features – you will be surprised by the many features of FreshBooks. In using the app, you can send invoices, track income and expenses on time, host a business report, time tracking, and take credit card payment. You can even bill any currency with this application! It has a straightforward interface that will allow you to do different transactions without any trouble.
- System Integration with Other Services – you can add more power to your business by integrating other services such as Paypal, Basecamp, MailChimp, Gusto, WordPress, ZenDesk, and many more.
- 30-Day Free Trial – you can try the FreshBooks app for free and try its features. The trial version of the app will not require any credit card information from you.
- Multiple Plans Available – FreshBooks has 3 available plans that you can choose from. Every plan has a specific rate per month. The Lite plan ($15 per month), the Plus plan ($25 per month), and the Premium plan ($50 per month). Every plan offers different features. To choose which plan to go, determine the needs of your business and compare it to the inclusions of every plan.
You don’t have to stress yourself with where to find and get the best app for accounting. FreshBooks is a great choice and it will offer significant help for your business.
Why Choose FreshBooks for Business Invoicing?
Because of the number of software that is claiming their the best for your business’ financial needs, you may feel overwhelmed with their features and promises. But why should you go with FreshBooks when it comes to your business invoicing? Out of all the companies which offers many advantages, why should you choose FreshBooks? The answers lie on the multiple benefits of FreshBooks, and we will give you a brief yet detailed overview in case you are considering this software. To have a better experience of FreshBooks, we would recommend that you try their free trial plan.
A Professional Process of Invoicing
Get the chance to experience a professional and reliable control of your business finances. With FreshBooks, you can keep your invoices in the right time frame. With this, you can prevent any problems with late credit card payments and you become more professional to your customers. You can save some time with the software’s invoicing feature and you can use this time to do other important things that may also be related to your business or personal duties at home or with the family.
FreshBooks calls its invoicing solution as ‘streamlined invoicing’. With this, you can use an automated process that will free you from sending client invoices per month, especially to those who have recurring credit card payments. The system will do all the invoicing work for you and send reminders to your clients about their account payables and when they will need to settle it. With the streamlined invoicing, you can avoid sending double invoices to a single client, which often happens when you are doing your invoices manually. The best thing about using FreshBooks is allowing your clients to pay their bills as soon as they get their receipt.
This is very simple to understand when you are using FreshBooks for your accounting needs. Since the software manages your invoices, as soon as you get paid with your invoice, it will automatically record the transaction and add it to your accounting reports. You can avoid missing a single receipt since the software does the recording for you. With FreshBooks, you can skip many human errors caused by the manual encoding of the entries and other data.
You don’t have to stick with the read-to-use design of invoices when you are using FreshBooks. You can always customize your invoice feature and add anything that you want. You can change the color, design, and logo of the invoice so your client will immediately determine that the receipt was from your company as soon as they see it.
If you have a customized invoice for your business, it can bring value to its authority. Your client, and even those who haven’t worked with you yet, may think that your business is doing great because they can see that you are giving effort even with a simple invoice.
Automatic Overdue Payment Reminder
With FreshBooks, you can easily keep track of current and past invoices. If you want to know the number of unpaid invoices for the previous months, you can do it quickly with the software. You can conveniently add a feature that will send reminders to your client regarding their overdue credit card payment. This will free your mind from missed online payments and arguing with your customers regarding this concern.
What is the Easiest Bookkeeping Software?
Bookkeeping is one of the major struggles of small businesses, especially those that are just starting in the industry. Since it will include a lot of works and processes, many business owners choose to hire a third-party business to do the bookkeeping of their business. Everyone may think that this is the best option, but you may think again. Managing your bookkeeping is possible if you will study how to do it. Your business receipts to taxes can be done without paying another business to do it. All you need to do is find an easy to use and reliable bookkeeping software.
So, what is that particular software that will help you with your bookkeeping? Yes, you are right. The answer is FreshBooks. This easy to use software has managed to simplify every facet of bookkeeping. User-Friendly software that will do the following:
- Create and track invoices
- Document the employee’s hours and track their time
- Employ an automatic recurring invoices
For a more detailed perspective, here are the many benefits of FreshBooks for bookkeeping of freelance business:
Conveniently Designed for Freelancers
The team behind the development of FreshBooks made sure that the software can be used without issues by small businesses and freelancers. Freelancers should be able to perform every bookkeeping task that they need to do without committing a human error. The current version has simplified functions that are friendly for everyone. It has advanced features that have been long-awaited by both freelancers and small business owners. Managing your bookkeeping needs as a freelancer or individual contractor has never been simpler with FreshBooks.
Responsive Mobile Design
The application is available for both Android and iOS. It will let you stay connected with your business and people why you are traveling. Creating and sending invoices can be done with a few clicks. Using the software, you can manage your business expenses on time and every data is synced on all your devices.
Auto Bills and Recurring Payments
How many times have you forgotten to bill a client because you have many things in mind? With FreshBooks, this will never happen anymore. The software features an auto-bill function so you can send online payments reminder to your clients without missing a single transaction. You can set up automatic recurring invoices as well so you don’t have to worry about billing a client per month.
FreshBooks had promised that they will keep simplicity with their new version, and they are sticking to this. You can choose to customize your documents and attach the necessary files. Every transaction can be done easily such as brand invoices, track billing, delayed online payment notifications, and many more.
Invoice to Payment Functions
The invoice to the payment functionality of FreshBooks is amazing and reliable. For example, when one of your clients received and opened your sent invoice, you will know it on your end. This will help you in dealing with customers who claim that they did not receive any invoice from your business. FreshBooks made sure that you can manage your invoices properly and send it to your clients with certainty.
Payment options are very flexible with this software. Your clients can choose to settle their bills with the following options: Visa, MasterCard, Google Checkout, Amex, and Paypal. FreshBooks also supports multi-currency invoicing so you can receive payments without any trouble.
Optimized Expenses Tracking
Tracking the on time expenses of your business has been easier with FreshBooks. You can attach and organize any receipt in the software and make them available when you need to file your business tax. You can easily stay in the budget through the software’s simple summary. Many features have been improved so you can track your business’ day to day expenses in a simple software.
Using a spreadsheet and entering every data about your business can be time-consuming. With FreshBooks, you don’t have to deal with this concern because you can generate reports quickly by simply processing the data that is already stored in the software. In a few clicks, you can get a profit and loss report. You can monitor and balance your expenses on time. You don’t need anyone to prepare a report for you. FreshBooks will be able to provide you every report that you will need in minutes.
Improved Accounting Solution
FreshBooks continues to innovate with the features of their software for bookkeeping purposes. With their future versions, you can expect to see features such as bank account reconciliation and non-invoice income recording.
The best accounting software for freelancers may vary from freelancers to freelancers. Since the accounting needs of freelancers differ from each other, cheap and simple accounting software may be better for them. While with the other business, the most expensive one is more recommended to meet their accounting process. But with FreshBooks, freelancers are guaranteed that your software is working with you. The company’s innovation through the years has proven how their developer has considered the needs of freelancers and small businesses. Every version offers freelancers one or more features that will benefit the user. FreshBooks is the perfect accounting software not just for freelancers but for every self-employed individual who is hoping for a growing and successful business.