Freelancers needing basic invoicing can start with Lite at $23/mo, while growing businesses can choose from 4 plans ranging up to $70/mo.

Best for: This plan is ideal for freelancers or very small businesses needing basic invoicing and expense tracking
Best for: Suited for growing businesses with multiple clients, this plan adds double-entry accounting, bank reconciliation, and client retainers
Best for: established businesses managing numerous clients and projects, this plan includes advanced reporting and project profitability tracking
Best for: Designed for larger businesses or those with specific needs, this custom plan offers personalized features and dedicated account management
Independent analysis · FreshBooks
While the Lite plan starts at a competitive $23/mo, users face a steep 87% price increase to $43/mo for the Plus plan, which includes essential features like bank reconciliation. However, this tier severely restricts utility by capping billing at just 5 clients. To unlock basic project tracking and invoice up to 50 clients, users must upgrade to the Plus plan at $43/mo, which immediately pushes costs above the market average.
Users are increasingly frustrated by aggressive, compounding price hikes that diminish the software's cost-to-value ratio. Prospective buyers also report being blindsided by non-negotiable setup fees before they can even begin using the service.
"Then I was informed that there would be a $250 migration fee"
"They're reducing their plan options and jacking up the price a LOT"
"But they’ve hiked the price twice in"
Based on analysis of recent Reddit and G2 discussions.
The Lite plan at $23/mo offers excellent time tracking integrated directly into invoices.
"Freshbooks has never worked well or intuitively"
Reddit (negative)
"Their UX is great, it's really polished."
Reddit (positive)
"The consensus is that Freshbooks and Xero do everything that small businesses need"
Reddit (positive)
FreshBooks offers four plans starting at $23/mo for Lite, providing essential accounting. Mid-tier plans Plus and Premium are $43/mo and $70/mo respectively. A custom Select plan is available for larger businesses.
This plan is ideal for freelancers or very small businesses needing basic invoicing and expense tracking. It provides essential accounting features to get started.
Suited for growing businesses with multiple clients, this plan adds double-entry accounting, bank reconciliation, and client retainers. It offers more robust financial management.
Best for established businesses managing numerous clients and projects, this plan includes advanced reporting and project profitability tracking. It supports comprehensive business operations.
Designed for larger businesses or those with specific needs, this custom plan offers personalized features and dedicated account management. Contact sales for tailored solutions.
26% below the accounting average
FreshBooks costs $0–$70/mo as of May 30, 2026, with 4 plans.
A 4.5/5 rating at $19/mo (below the $33 category average) - FreshBooks delivers more than it charges for. Start with Lite ($19/mo). Upgrade to Plus only after you've confirmed 50 clients will get used.
Service-based freelancers & agencies
Which plan fits you
A 4.5/5 rating at $19/mo (below the $33 category average) - FreshBooks delivers more than it charges for. Start with Lite ($19/mo). Upgrade to Plus only after you've confirmed 50 clients will get used.
List price covers the subscription. Total cost of ownership for FreshBooks typically includes additional line items that don't appear on the pricing page.
Ask vendors for a total cost of ownership estimate before signing. Our methodology covers how we calculate verified list prices.
How does FreshBooks pricing compare?
See how FreshBooks's 4 pricing plans stack up against similar Accounting tools.
Research Reports