FreshBooks Pricing (April 2026)
How much does FreshBooks cost?
FreshBooks starts at $23/mo with 4 plans available.
All Plans
Lite
- 5 billable clients
- Unlimited invoices
- Expense tracking
- Time tracking
- Basic reports
- Payment processing
Plus
- 50 billable clients
- Recurring invoices
- Client retainers
- Proposals
- Receipt scanning
- Accountant access
- Double-entry reports
Premium
- Unlimited clients
- Project profitability tracking
- Custom email templates
- Bill scanning
- Accounts payable
- Advanced reporting
Select
- All Premium features
- 2 team members included
- Dedicated account manager
- Custom integrations
- Lower payment fees
- Priority support
FreshBooks Pricing Breakdown
FreshBooks offers a tiered pricing model designed to accommodate businesses at different stages of growth. Starting at $21 per month, the plans are structured based on the number of billable clients and required features. Understanding each tier's value is crucial for making an informed decision about which plan best suits your business needs.
The Lite plan, priced at $21 monthly, is ideal for solo entrepreneurs or freelancers with up to 5 billable clients. It includes core features like unlimited invoicing, expense tracking, and time tracking. However, it has limitations on client management and reporting capabilities. For growing businesses, the Plus plan at $38 per month expands client capacity to 50 and adds more advanced features like recurring invoices and multiple team members.
The Premium plan, at $65 per month, is recommended for established small businesses requiring comprehensive financial management. This tier offers unlimited billable clients, advanced reporting, and advanced payment features. For enterprises with complex needs, the Select plan offers custom pricing with dedicated support and advanced integrations.
Hidden costs to consider include additional user fees ($11 per user monthly) and potential payment processing charges. While FreshBooks' pricing might seem higher compared to some alternatives, the time saved through automation often justifies the investment. They frequently offer promotional discounts, such as 50% off for the first few months, which can make the transition more financially attractive.
When comparing FreshBooks to competitors like QuickBooks or Wave, its pricing is competitive, especially for service-based professionals. The key is to evaluate not just the monthly cost, but the potential productivity gains and reduced administrative overhead the software provides.
Feature Breakdown by Plan
| Feature | Lite | Plus | Premium | Select |
|---|---|---|---|---|
| 5 billable clients | ✓ | ✗ | ✗ | ✗ |
| Unlimited invoices | ✓ | ✗ | ✗ | ✗ |
| Expense tracking | ✓ | ✗ | ✗ | ✗ |
| Time tracking | ✓ | ✗ | ✗ | ✗ |
| Basic reports | ✓ | ✗ | ✗ | ✗ |
| Payment processing | ✓ | ✗ | ✗ | ✗ |
| 50 billable clients | ✗ | ✓ | ✗ | ✗ |
| Recurring invoices | ✗ | ✓ | ✗ | ✗ |
| Client retainers | ✗ | ✓ | ✗ | ✗ |
| Proposals | ✗ | ✓ | ✗ | ✗ |
| Receipt scanning | ✗ | ✓ | ✗ | ✗ |
| Accountant access | ✗ | ✓ | ✗ | ✗ |
| Double-entry reports | ✗ | ✓ | ✗ | ✗ |
| Unlimited clients | ✗ | ✗ | ✓ | ✗ |
| Project profitability tracking | ✗ | ✗ | ✓ | ✗ |
| Custom email templates | ✗ | ✗ | ✓ | ✗ |
| Bill scanning | ✗ | ✗ | ✓ | ✗ |
| Accounts payable | ✗ | ✗ | ✓ | ✗ |
| Advanced reporting | ✗ | ✗ | ✓ | ✗ |
| All Premium features | ✗ | ✗ | ✗ | ✓ |
| 2 team members included | ✗ | ✗ | ✗ | ✓ |
| Dedicated account manager | ✗ | ✗ | ✗ | ✓ |
| Custom integrations | ✗ | ✗ | ✗ | ✓ |
| Lower payment fees | ✗ | ✗ | ✗ | ✓ |
| Priority support | ✗ | ✗ | ✗ | ✓ |
Team Cost Calculator
Estimated monthly costs based on team size (price per user × team members):
| Team Size | Lite | Plus | Premium |
|---|---|---|---|
| 5 users | $115/mo | $215/mo | $350/mo |
| 10 users | $230/mo | $430/mo | $700/mo |
| 25 users | $575/mo | $1,075/mo | $1,750/mo |
| 50 users | $1,150/mo | $2,150/mo | $3,500/mo |
Is FreshBooks Worth It?
There is no free tier, but most paid plans include a trial period.
Paid plans range from $23/mo (Lite) to $70/mo (Premium). Most users pick the Plus plan.
Best for: Freelancers and consultants, Service-based small businesses, Creative professionals. Keep in mind: limited client capacity on lower plans.
FreshBooks Pros & Cons
- Extremely user-friendly interface
- Excellent invoicing capabilities
- Built-in time tracking and project management
- Strong mobile app functionality
- Good customer support
- Limited client capacity on lower plans
- Fewer advanced accounting features than competitors
- Higher pricing compared to some alternatives
- Limited inventory management capabilities