FreshBooks is a solid invoicing-first accounting tool, but it isn't the only option — and depending on your business size, inventory needs, or budget, it may not be the best fit. Here are 10 alternatives worth putting on your shortlist.
1. myBooks
myBooks covers invoicing, expense tracking, inventory, and GST/VAT-ready reports in one flat-rate plan, with no per-client or per-invoice caps. It's built for small businesses that want FreshBooks-level simplicity but need inventory and multi-user access included rather than bolted on as a higher-tier add-on.
2. QuickBooks Online
QuickBooks Online is the most widely adopted alternative, with the largest accountant and bookkeeper network of any tool on this list. It's a safe choice if you already work with an external accountant who's used to it, though the interface has more depth to learn than FreshBooks.
3. Xero
Xero is popular with businesses that want strong bank reconciliation and a large app marketplace. Its multi-currency support is a step up from FreshBooks for companies billing international clients.
4. Zoho Books
Zoho Books fits naturally if you're already using other Zoho products (CRM, Inventory, Projects), since data flows between them without extra integration work.
5. Wave
Wave offers free accounting and invoicing, monetized through payment processing and payroll add-ons. It's a reasonable starting point for very early-stage businesses watching every dollar.
6. Sage Business Cloud Accounting
Sage brings decades of small-business accounting experience and solid double-entry bookkeeping, with a slightly more traditional feel than newer cloud-native tools.
7. Kashoo
Kashoo focuses on being fast to set up, with automated categorization aimed at business owners who don't want to think about accounting more than necessary.
8. ZipBooks
ZipBooks has a genuinely useful free tier and adds light business-intelligence scoring (like a "health score") on top of standard invoicing and expense tracking.
9. Bill.com
Bill.com specializes in accounts payable and receivable automation — worth a look if your core pain point is chasing approvals on bills and invoices, more than day-to-day bookkeeping.
10. Invoice Ninja
Invoice Ninja is an open-source-friendly option for freelancers and small teams who want an invoicing tool they can self-host or customize.
How to choose
Match the tool to what you actually do every week: if you need inventory and GST-ready reports alongside invoicing, a FreshBooks alternative built for that — like myBooks — will save you from stitching together add-ons later. Try myBooks free for 30 days, no credit card required.
See how myBooks can help
Automate bookkeeping, invoicing, and bank reconciliation with myBooks.
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