FreshBooks vs Akaunting
- ✦ Expense Tracking
- ✦ Time Tracking
- ✦ Project Management
- ✦ Expenses
- ✦ Bank Connections
- ✦ Reporting
FreshBooks and Akaunting are both Accounting tools. Compare features, pricing, and ratings below to find the best fit for your team.
When to Choose FreshBooks vs Akaunting
The question that matters: “In what situation will I regret choosing A over B after 3 months?”
Time Tracking logs hours per project and auto-populates invoice line items at configured rates, with records attached to each bill to reduce client disputes.
Inventory paired with Expenses tracks per-unit landed costs - shipping, tariffs, restocking fees - and calculates COGS automatically when units sell.
Estimates & Proposals convert to invoices in one click - preserving line items, rates, and client details - cutting the proposal-to-payment cycle by up to 40%.
Multi-currency records invoices at point-of-issue exchange rates and Bank Connections auto-reconciles actual deposits, closing books by the 2nd of each month.
Reporting exports invoice registers and expense reports by vendor, category, and date in one click, cutting audit prep by 8-10 hours per client file.
Pricing Comparison & PlansHigh· Verified May 30, 2026
FreshBooks Plans
Paid plans only
Lite
$23/moBest for: This plan is ideal for freelancers or very small businesses needing basic invoicing and expense tracking
- ✓Send invoices to 5 clients
- ✓Track expenses in real time
- ✓Create and send estimates
- ✓Generate tax summaries
- ✓Generate expense reports
Plus
$43/moBest for: Suited for growing businesses with multiple clients, this plan adds double-entry accounting, bank reconciliation, and client retainers
- ✓Send invoices to 50 clients
- ✓Track expenses in real time
- ✓Create and send estimates, proposals
- ✓Project tracking
- ✓Accounting reports
Premium
$70/moBest for: established businesses managing numerous clients and projects, this plan includes advanced reporting and project profitability tracking
- ✓Send invoices to unlimited clients
- ✓Track expenses in real time
- ✓Create estimates, proposals, and client retainers
- ✓Automated late payment reminders
- ✓Multi-user access
Select
Contact SalesBest for: Designed for larger businesses or those with specific needs, this custom plan offers personalized features and dedicated account management
- ✓Customized pricing
- ✓Dedicated account manager
- ✓Lower credit card transaction fees
- ✓Capped bank transfer (ACH) fees
- ✓Assisted data migration
Akaunting Plans
Free tier available
Standard On-Premise
FreeBest for: A free, self-hosted solution perfect for users comfortable with managing their own server
- ✓Unlimited Companies
- ✓1 User + 1 Accountant
- ✓1,000 Invoices
- ✓Forum Support
- ✓Unlimited Employees
Standard Cloud
Contact SalesBest for: Ideal for small businesses needing basic cloud accounting
- ✓Unlimited Companies
- ✓1 User + 1 Accountant
- ✓1,000 Invoices
- ✓Accountant Access
- ✓Unlimited Bills
Premium Cloud
Contact SalesBest for: Suited for growing businesses requiring more advanced cloud features and support
- ✓Unlimited Companies
- ✓10 Users
- ✓10,000 Invoices
- ✓10 Apps Included
- ✓Ticket Support
Elite Cloud
Contact SalesBest for: Designed for larger enterprises seeking comprehensive cloud accounting solutions
- ✓Unlimited Companies
- ✓Unlimited Users
- ✓30,000 Invoices
- ✓Apps Included
- ✓Ticket Support
Ultimate Cloud
Contact SalesBest for: The top-tier cloud offering for complex organizations needing maximum scalability and features
- ✓Unlimited Companies
- ✓Unlimited Users
- ✓Unlimited Invoices
- ✓All Apps Included (50+ apps)
- ✓Ticket Support
Premium On-Premise
$6/moBest for: For businesses needing enhanced on-premise features beyond the free version
- ✓Unlimited Companies
- ✓Unlimited Users
- ✓10,000 Invoices
- ✓Ticket Support
- ✓Unlimited Employees
Elite On-Premise
$14/moBest for: Offers advanced on-premise capabilities for larger organizations
- ✓Unlimited Companies
- ✓Unlimited Users
- ✓30,000 Invoices
- ✓Ticket Support
- ✓Unlimited Employees
Ultimate On-Premise
$57/moBest for: The most comprehensive on-premise option for enterprises with specific hosting requirements
- ✓Unlimited Companies
- ✓Unlimited Users
- ✓Unlimited Invoices
- ✓Ticket Support
- ✓Unlimited Employees
Capability Breakdown
3 differences found across 16 standardized features
- •Invoicing
- •Expense Tracking
- •Time Tracking
- •Project Management
- •Estimates & Proposals
- •Online Payments
- •Bank Reconciliation
- •Double-entry Accounting
- •Financial Reports
- •Receipt Capture
- •Automated Late Reminders
- •Client Portal
- •Mobile App
- •200+ Integrations
- •Multi-currency
- •Customizable Invoice Templates
- •Sales Tax Calculations
- •Automated Billing Schedules
- •Credit Note Management
- •Inventory Tracking System
- •Vendor Management Tools
- •Budgeting and Forecasting
- •Cash Flow Analysis
- •Audit Trail Logs
- •User Permission Controls
- •Recurring Invoice Options
- •Transaction Matching
- •Invoicing
- •Expenses
- •Bank Connections
- •Multi-currency
- •Reporting
- •Tax Management
- •Inventory
- •Transfer
- •Recurring Transactions
- •Client Portal
- •API
- •App Store
- •Multi-company
- •Multi-language
- •Open Source
- •Expense tracking
- •Double-entry accounting
- •Bank feeds
- •Bank connection
- •Chart of accounts
- •Balance sheet
- •Trial balance
- •General ledger
- •Sales tax calculation
- •Payroll
- •Inventory management
- •CRM
- •Projects
- •Estimates and quotes
- •Point of Sale (POS)
- •Shopify integration
- •Stripe integration
- •Expense claims
- •Receipt scanning
- •Budgeting
- •Sales orders
- •Purchase orders
- •Automations
- •Crypto assets tracking
- •GST/MTD/1099 compliance
- •Custom fields
- •Open source (self-hosted)
Strengths & Limitations
Evaluative strengths and weaknesses: not feature lists
- +Excellent time tracking integrated directly into invoices
- +Professional, customizable invoice templates are easy to create
- +Client portal allows customers to view and pay invoices online
- +Strong project profitability tracking features for service businesses
- +Simple, intuitive interface designed for non-accountants
- −Limited inventory management, not suitable for product-based businesses
- −No built-in payroll; requires integration with Gusto (US only)
- −Lower-tier plans have restrictive client limits (5 on Lite plan)
- −Mobile app has fewer features than the desktop version
- −Lacks advanced accounting features like accounts payable aging
- +Open-source core allows for full customization and self-hosting
- +Completely free on-premise version with core accounting features
- +App Store with 70+ extensions for specialized functionality
- +Client portal for customers to view invoices and make payments
- +Multi-company and multi-currency support on paid cloud plans
- −Free version requires self-hosting and technical setup knowledge
- −No built-in payroll processing; requires a third-party app integration
- −Limited direct bank feeds, especially outside major regions
- −Mobile app functionality is less robust than desktop version
- −Customer support can be slow on lower-tier and free plans
At a Glance
Recent Price History
FreshBooks raised "Lite" from $19/mo to $23/mo (+21%)
Price change · May 30, 2026
FreshBooks raised "Premium" from $60/mo to $70/mo (+17%)
Price change · May 30, 2026
FreshBooks raised "Plus" from $33/mo to $43/mo (+30%)
Price change · May 30, 2026
Akaunting added a new "Elite On-Premise" plan (Custom pricing)
Plan added · May 30, 2026
Akaunting added a new "Premium On-Premise" plan (Custom pricing)
Plan added · May 30, 2026
Akaunting added a new "Ultimate On-Premise" plan (Custom pricing)
Plan added · May 30, 2026
Akaunting updated "Ultimate Cloud" from $145/mo to Custom
Price change · May 30, 2026
Akaunting updated "Standard Cloud" from $8/mo to Custom
Price change · May 30, 2026
FreshBooks lowered "Premium" from $76 to $60/mo (21%)
Price change · May 21, 2026
FreshBooks lowered "Plus" from $40 to $33/mo (18%)
Price change · May 21, 2026
Frequently Asked Questions
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Sources & Data Trail · Akaunting
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- 2.Official Website·Official vendor website
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