FreshBooks Pricing 2026: Complete Breakdown
By ToolVS Research Team · Last Updated April 2026
30-SECOND ANSWER
FreshBooks costs $8.50/month for Lite (5 clients), $15/month for Plus (50 clients), $27.50/month for Premium (500 clients), and custom pricing for Select. Pricing is based on billable clients, not users.
FreshBooks Plans & Pricing
Lite
$8.50
/mo
- 5 billable clients
- Unlimited invoices
- Expense tracking
- Time tracking
- Tax-time reports
MOST POPULAR
Plus
$15
/mo
- 50 billable clients
- Automatic receipts
- Double-entry accounting
- Business health reports
- Accountant access
Premium
$27.50
/mo
- Unlimited clients
- Project profitability
- Customized email templates
- Auto bank reconciliation
- Accounts payable
Select
Custom
contact sales
- Dedicated account manager
- 2 team members included
- Custom onboarding
- Lower card transaction rates
- Remove FreshBooks branding
Hidden Costs & Gotchas
- Additional team members cost $11/user/month
- FreshBooks Payments: 2.9% + 30c per transaction
- Advanced Payments (ACH): 1% per transaction ($1 min)
- Monthly billing (no annual option on some plans)
- Promotional pricing resets after trial period
Is FreshBooks Worth It?
FreshBooks Lite at $8.50/month is the cheapest decent invoicing tool. Plus at $15/month is the sweet spot for freelancers and small service businesses. Premium at $27.50/month is needed for 50+ clients. If you need proper double-entry accounting and inventory, QuickBooks or Xero are better choices. FreshBooks is best for service-based businesses that primarily invoice clients.
Price Comparison: FreshBooks vs Competitors
| Tool | Free | Starter | Mid-Tier | Enterprise |
|---|---|---|---|---|
| FreshBooks | $8.50 | $15 /mo | $27.50 /mo | Custom |
| QuickBooks | No free plan | $30/mo | $60/mo | $200/mo |
| Xero | No free plan | $15/mo | $42/mo | $78/mo |
| Wave | Free | Free | Free | N/A |
Frequently Asked Questions
Is there a free plan for FreshBooks?
No free plan, but FreshBooks offers a 30-day free trial. For free invoicing and accounting, Wave is the best alternative.
What is the cheapest FreshBooks plan?
Lite at $8.50/month for up to 5 billable clients. This is the cheapest paid invoicing tool among major competitors.
Does FreshBooks offer discounts?
FreshBooks frequently runs 60% off for 6 months promotions. Annual billing is not always available. No official nonprofit discount.
Related: FreshBooks Alternatives — All Pricing Guides
Last updated: . Pricing verified monthly.