Head-to-head

FreshBooks vs QuickBooks vs Wave

Disclosure: we may earn a commission if you sign up through links on this page, at no extra cost to you. It never changes our verdicts. Full disclosure.

Our pick: FreshBooks. FreshBooks is built for freelancers and service businesses: invoicing, time tracking, projects and proposals come first, with accountant access included on higher plans.
FactorFreshBooks Our pickQuickBooksWave
Built forFreelancers, consultants, service businessesSmall businesses of all kinds, including inventoryFreelancers and very small businesses
Free trial30 days30 days on paid plans; Free plan availableNo trial; free Starter plan
Time tracking and projectsTime tracking, projects, estimates and proposalsEmployee time on invoices from Essentials; project profitability on PlusSee official site
InvoicingAutomated invoices, reminders, online paymentsFree plan sends 2 invoices/mo; more on paid plansUnlimited invoices and estimates on free Starter
Accountant accessUp to 10 accountants at no extra cost on Plus and PremiumAccess for 2 accountants on most plans; 3 on AdvancedSee official site
Entry pricingLite, Plus, Premium, Select; promotional first-year pricing is offered from time to time, see the official siteSimple Start $19/mo (list $38), Essentials $42.50, Plus $70, Advanced $170 (3-month promo)Starter free; Pro $19/mo; card payments 2.9% + $0.60
Best fitClient billing and time-based workGrowing businesses needing inventory, multi-user and deep reportsVery small budgets

Why we pick FreshBooks

  • Client-first workflow: time tracking, projects, estimates, proposals and invoices are designed around billing clients.
  • Accountant-friendly: up to 10 accountants on Plus and Premium at no extra cost.
  • Support: a North America-based team that, per the official site, does not transfer you between departments.
  • Easy Switch: data transfer from other software.

When a competitor may fit better

  • QuickBooks is a better fit if you need inventory management, many users or very deep reporting.
  • Wave may suit very small businesses that want free invoicing and bookkeeping and accept per-transaction payment fees.

Verdict

If you bill clients for time and services, FreshBooks saves the most admin. Choose QuickBooks for inventory-heavy growth, or Wave when budget is the only constraint.

Read the full FreshBooks review · All comparisons

Figures come from each vendor’s own public pages at the time of writing and can vary by region, currency and promotion. Always confirm on the official sites before you buy. Last verified: 2026-10-12