Should you be Using FreshBooks for your Business?
A lot of people now are on the road and their office is typically their computer it’s either a Tablet, smartphone or maybe a laptop. If you are self employed or have a corporation you should be maintaining proper accounting records. However, most people don’t have the time or the patience to record things and then when it comes tax time they either forget what the bills were for or they can’t find them. These records will be useful as you and your accountant will use this to prepare a proper tax return.
Freshbooks is a Canadian company, located in Toronto, which offers monthly plans which range in price for FREE to $39.95 ($US) depending on your needs.
This cloud software allows you to record transactions but in the non traditional accounting method. You don’t have to balance to a bank account. You don’t need to do any manual journal entries. You just record your invoices and expenses and leave the balancing to your accountant or bookkeeper to complete, if required. The application captures information for you and this information will be used to ensure that you get all of your entitled deductions. It can also be imported into Quickbooks or Excel.
Their idea is simple there are no contracts to sign, offering free trials, excellent customer support Monday to Friday from 8 am to 8 pm EDT and you can cancel at any time. “Freshbooks is used by over 5 million.”
If you’re self employed and have your invoices and receipts in a shoebox and you hate doing accounting then this accounting resource is for you. Also Freshbooks may be for you if you are currently using Excel or Word to keep track of your income and expenses, or if you do it manually on a ledger paper and are looking for something better.
They offer an Accountant Center which allows your Freshbooks Certified Accountant to access all of your reports and journal entries Freshbooks is easy to use, allows you to work from almost anywhere (where you have internet access), save time and save money.
As they offer a no risk 30 day free trial you don’t have much to lose. So give it a whirl and see if you like it. Also if you are looking for an accountant who can work with it then you’ve definitely come to the right place.