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I've used all of these over the years, each has their own strengths/weaknesses: - Harvest. Nice for consulting/hourly work, need separate accounting app. - Freshbooks. Accounting + invoicing. Accounting features are very basic (not even double-entry). - Xero. Full-fledged accounting app. You'd need to use an add-on for project/invoice tracking. More powerful than Freshbooks, but also more complicated (from a non-accountant perspective).
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Nov 14, 2014 05:35
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| # ¿ Apr 27, 2024 17:41 |
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xpander posted:I recently started contracting full-time, and Freshbooks was recommended to me. I know nothing about accounting, so can you elaborate on what kinds of activities are going to bump up against its limits? For invoicing and tracking paid expenses, it's totally fine. "Basic" wasn't meant to be a knock on it. Where it falls short is more advanced stuff, like splitting expenses over different reporting accounts, handling different tax accounts, tracking payables so you can pay just before they're due, financial statements beyond "in" + "out" graphs (though I think they do some of these now), etc. On the other hand, Freshbooks is designed for the non-accountant, so it's hard to mess up when you're getting started. I used it for years with no issues.
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Nov 15, 2014 08:05
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