How Do Freshbooks Ease The Accounting Process Burden? 

By Author: David Brown
Total Articles: 22
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Business owners start businesses to pursue their passion and serve the customers but often face hindrances. These hindrances are posed by business activities that require expertise and thorough knowledge. These activities include accounting, bookkeeping, taxation, legal aspects, etc., which need professional guidance and advice to avoid grave consequences. Mostly, small businesses get more affected because they lack the funds to hire professionals for such operations. To lessen your accounting process burden, you can use a well-designed cloud accounting software such as FreshBooks accounting software.

FreshBooks is a great accounting tool for small to medium-sized enterprises to get their accounting process under control. It enables small businesses to track their income and expenses via an easy-to-use interface. However, FreshBooks has added a ton of features to help big businesses, apart from small businesses and freelancers. The features offered by FreshBooks include invoice tracking, time tracking, online payments, late payment reminders, and more. So, let us discuss the features provided by FreshBooks; ...
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Easy to use- The first and foremost feature is the ease to use of FreshBooks. It makes it easier for the clients to navigate the software with little help. Even customer support addresses any issue regarding the usability of the software.

Payments- FreshBooks enables companies to offer multiple payment options to the users, which engages more users. Users can easily set up an online payment option with easy steps.

Invoicing- The invoicing capabilities of FreshBooks have been developing ever since it started. It gained popularity due to various invoicing facilities over other over-priced cloud accounting software. It allows unlimited invoice automation, creates recurring invoices, customised client invoices, and more.

Time tracking- FreshBooks helps to track the time of the billable hours. This feature follows the time spent on a particular project particular client and even creates daily, weekly, and monthly timesheets.

Track projects - Not only time tracking, but FreshBooks also manages to track projects. The activities include assigning deadlines, creating and sharing images and files, managing control and access, etc, related to the projects.

Better proposals and estimates- Another exciting feature is to create professional-looking proposals and estimates. There is no need to use any other application for this purpose, everything from estimating, creating, and finalising can be done in one place.

As mentioned above, there are plenty of good reasons to choose FreshBooks. Like any other software, FreshBooks has some minor shortcomings like user confusion due to multiple features, reporting features, and metrics that can be improved.

However, tools to consider to ensure whether FreshBooks is the right choice or not are:

Financial aspect- It is essential to check the budget before choosing any software. The one which is suitable as per the budget should be taken into consideration.

Business needs- Another tool to consider is to assess the needs of the business, especially accounting. Choosing software that caters to the accounting needs of the business is beneficial.

Accountant’s need- It is also important to check with the accountant to choose a software that also caters to the needs of the accountant. An accountant is better at analysing the pros and cons of accounting software, so it is preferable to take needed advice from the accountant as well.

FreshBooks can be an excellent option to handle all the business’s accounting needs. With FreshBooks’ accounting and invoicing capabilities, companies can be improved greatly and ultimately add to the organization’s success. To make your accounting process seamless, you can also hire accounting and bookkeeping services which will help you reduce your accounting and bookkeeping burden. You can also opt for outsourcing payroll, accounts payable, or accounts receivable service on its own if you struggle with any of these tasks particularly.
Read More: https://www.whizconsulting.net/au/freshbooks-accounting-services/

We at Whiz Consulting always strive to provide what’s best for our clients. From accounting & bookkeeping services to payroll and taxation, we offer everything a business owner might need to run his business successfully. Our team of expert outsourcing accountants and bookkeepers help you handle your finances without any hassle.