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Full FreshBooks Budgeting Software Review – All you need to know about FreshBooks

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Do you intend to get FreshBooks budgeting software for your business or for your accounting team? Here is Skyose full FreshBooks review for you.

Incomes on every day-to-day activity are relatively evaluated by individuals or businesses by making smart decisions in regards to money. A lot of businesses at the beginning of the year or a quarter often have a plan on how to spend the money made in the company, but unforeseen factors come and sweep away this money.

Budgeting is one of the major keys that help in spending and managing money. Individuals and firms most especially upcoming firms spend money without budgeting. However, in a business, irrespective of the income made if it is not spent well on the right things based on the budget, the business will surely run down,

Every successful company adopt different styles to keep their budget intact, as they say in the business world “over budget is better to under budget”. There are countless reasons to keep your spending just within your budget, with the main one to keep your money for savings or even invest if the chance presents itself.

Companies think budget keeps them to dream little and limit the goals they have set to achieve for the company but all these goals can be achieved only if the money made by such companies is spent according to budget.

Manually carrying out a budget on sheets of paper seems to effect making the right decision and judging only from a perspective point of view. This has led to the development of budgeting software that will not only make you stick to your budget, but also analyse tips that can really help to keep such individual, firm, or organisation in check to never overspend or go beyond the budget.

Budgeting software is specifically designed to automate your budgets, the team on a project can get a hold of a budgeting software then set their goals and the amount set to spend on a particular project.

FreshBooks budgeting software is one of many budgeting software seamlessly integrates with many third party applications thereby providing users with a platform for automating business and financial management processes.

What is FreshBooks?

FreshBooks budgeting software is a cloud accounting software which used by mostly owners small businesses to keep tabs on their business financials. This web-based budgeting software comes with amazing budgeting features that can transition businesses through its financial management tools.

freshbooks budgeting softwareThe cloud-based tool is one of budgeting software with a good tracking feature. FreshBooks budgeting software provides its owners to keep tabs on their expenses, the expense tracking feature gives you the detail information on what you’ve spent your money on. With FreshBooks budgeting software, users can get an indication of whether their spending is affecting their budget or not while still proffering solution on the business spending and other finances.

Configuring the FreshBooks budgeting software in a quarterly, annually, or monthly manner displays a detailed automatic expense report. This feature will reduce the time you will have to spend on budgeting tasks while still helping you speed through the process of properly organising expenses incurred in the business. In addition, FreshBooks budgeting software is ideal most especially for small business owners who have little or no time to monitor their expenses.

In addition, FreshBooks budgeting software notifies users most especially when a strong credit payment is needed. This ensures business owners get accurate and timely payment reminders as this is one of the keys to a successful business running.

Benefits

Easy to Use

FreshBooks budgeting software makes financial planning and management easy and fun to do. The software is simple, unique and intuitive by providing you less time to spend on paperwork with an already made invoice.

Additionally, these invoices help you cut short the expenses in hiring a budget expert and also needs no technical know-how in handling and managing your budgets. FreshBooks budgeting software is meant for every business that needs to build a better client base and keeps tabs on their expenses.

Saves billing time

Not only does it create a professional looking invoice for business owners, it also keeps them on a budget by giving them full analysis of the expenses incurred. This saves the extra charges billing and business owners using FreshBooks budgeting software can really do so with the little savings made.

Cost efficient expense tracker

An expense tracker feature is in place in the FreshBooks budgeting software that helps business owners set a limit to the expenses they will incur within a space of time. This tracker feature keeps the over-spending types in check. By connecting your bank account to the FreshBooks budgeting software, you’ll worry less about your expenses.

Exceptional expenses organizer

freshbooks budgeting softwareInvoices in the business might be too cumbersome to go through but with the FreshBooks budgeting software, all the invoices are all organised in an orderly manner for you to dispatch out to clients after every transaction.

Meanwhile, expenses incurred during each month are all in a section also which is accessible for monitoring. With FreshBooks budgeting software, users are provided with the necessary tools to track not only your expenses but also your invoices and taxes within a fixed budget thereby avoiding incurring debt.

Cloud storage

Storing your accounting details is one of the exceptional benefits of the FreshBooks budgeting software, this gives users easy access to their account on-the-go. On the other hand, FreshBooks budgeting software has over the years maintained an error-free cloud storage platform for budgeting.

Unlike other budgeting software, there is no error included in synchronising other apps to the FreshBooks budgeting software to keep your finances in check; this enables users to keep their account books safe and also keep monitor their employees access to their account while storing all their information on the cloud for successive review.

Mobility

freshbooks budgeting softwareFreshBooks budgeting software comes with mobile applications that offer users easy access to all their finance from their mobile devices. Users can easily access FreshBooks budgeting software via their Android and iOS devices.

Therefore, users experience the same full desktop experience but with a simpler interface, which enables users to stay in touch with their clients every time of the day.

Exceptional customer support

FreshBooks budgeting software offers its users 24/7 customer support in case they experience technical issues or for enquiries concerning the use of its full features. Their support system comes with a blog, webinars, knowledge base, and many more.

Key features of FreshBooks budgeting software

Expense Tracking

FreshBooks budgeting software comes with expense tracking tool that enables users to monitor their expenses in real-time. With this tool, users do not need to keep sales receipts in file cabinets for storage. This budgeting software enables a paperless management of sales receipts via the cloud. Therefore, users can virtually manage their sales receipts which can easily be download from the cloud storage.

Online Invoicing

freshbooks budgeting softwareWith FreshBooks budgeting software, users can keep their invoices online for every transaction made both expenses and income. It also automatically generates online which can then be sent to clients for faster payment.

Embedded with a lot of templates, the FreshBooks budgeting software makes your invoice look more professional to your clients; this, in turn, saves the hours spent on the computer to design a perfect invoice for the service rendered.

Accounting Reports and Taxes

freshbooks budgeting softwareReports are delivered in PDF format to users’ email box and are also available on the FreshBooks budgeting software cloud-based server for easy access. FreshBooks budgeting software gives a well analysed and detailed report on expenses; this enables accountant and business owners to easily assimilate the information available on the reports.

Projects

freshbooks budgeting softwareFreshBooks budgeting software also enables users to organise and manage projects. The project works are collated together in a section; therefore, your conversations, files, and feedbacks are collated in a centralized location to keep your team all synced and maintain the right project budget.

Third Party Integration

freshbooks budgeting softwareFreshBooks budgeting software seamlessly integrates with several top web applications and software. This provides users with access to diverse tools such as website management, utilities, time tracking, tax help, proposal, project management, payroll, payments, marketing, lead tracking, inventory management, expenses, event management, education, eCommerce, customer support, CRM, client scheduling, bookkeeping services, analytics, and many more.

Therefore, FreshBooks enables businesses to carry out not only budgeting but also several business activities through its synergy with other business tools.

Other FreshBooks budgeting software features include:

  • Automated & recurring billing
  • Automatic tax calculations
  • Billable hours tracking
  • Billing & invoicing
  • Client relationship feed
  • Collaboration tools
  • Collaboration tools
  • Collaborative workspace
  • Contact management
  • Currency conversion
  • Data import
  • Electronic payment processing
  • Email integration
  • Email invitations & reminders
  • File sharing
  • FreshBooks API
  • Google apps add-ons
  • POS
  • Profit/loss statement
  • Project management
  • Reporting & statistics
  • Time tracking
  • Touch ID

Pricing

freshbooks budgeting softwareFreshBooks budgeting software comes with three affordable pricing plans tailored to meet the needs of small and medium-size businesses as well as large enterprises accounting team.

Nevertheless, FreshBooks offers a 30-day free trial for intending users to test out all its features prior to selecting the most appropriate plan. The difference between the plans depends on the number of active clients users intend to bill, while the core features for each plan include:

  • Automatic late payment reminders and fees
  • Clear and simple reports and dashboards
  • Customize and send unlimited invoices
  • Data that’s 100% secured and automatically backed up
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Invoice status tracking and updates
  • Track your time by project and clients
  • Work on any device – computer, tablet or mobile

Here are the pricing details for each FreshBooks plan:

Lite – $13.50/month when billed annually, $15 when billed monthly

  • Bill up to 5 active clients

Plus – $22.50/month when billed annually, $25 when billed monthly

  • Bill up to 50 active clients

Premium – $45/month when billed annually, $50 when billed monthly

  • Bill up to 500 active clients

Note: For $10 per person/month, users can add team members/employees to their current plan.

Technical Details

Supported devices: Web-based, Windows, Android, Mac, iPhone/iPad.

Locations serviced: Middle-East, United States, United Kingdom, Mexico, Latin America, Japan, India, Germany, Europe, China, Canada, Brazil, Australia, Asia, and Africa.

Pricing model: Monthly payment, Annual Subscription.

Supported Languages: Turkish, Swedish, Polish, English, Dutch

Typical Users: Freelancers, Small and Mid Size Businesses

Integrations: ActiveCampaign, Acuity Scheduling, Agile CRM, Ambassador, Artichoke, Asana, Authorize.net, Autotask, Avalara, Basecamp, Bench Bookkeeping, Bidsketch, BigCommerce, Boomr, Braintree, Calendly, Campaign Monitor, Capsule, Chrometa, Clio, Constant Contact, Eventbrite, Expiration Reminder, Formstack, Freshdesk, Fundbox, G Suite, Geckoboard, Gusto, HappyFox, Highrise CRM, HubSpot Marketing, Infusionsoft, Insightly, Intervals, Klipfolio, LiveChat, Magento, MailChimp, MinuteDock, noCRM.io, OneSaas, Payment Evolution, PayPal, Proposify, ProWorkflow, Receipt Bank, RightSignature, Rydoo, Salesforce Sales Cloud, Shopify, Skyvia, Slack, Solve CRM, Square Payments, Stripe, Teachable, Teamwork Projects, Todoist, Toggl, Trello, Universe, WooCommerce, WordPress, Wufoo, Yalla, Zapier, Zendesk, ZipRecruiter, Expensify.

Mobile Applications: Android, iOS.

API Availability: Yes, FreshBooks with an available API.

Deployment: Cloud Hosted

Support Details

  • Phone Support:

Freephone (Ireland): 1 800 949 046

Freephone (UK): 0808 101 3408

Toll-Free (Australia): 1.800 218 731

Toll-Free (North America): 1 866 303 6061

Email Support: help@freshbooks.com