FreshBooks Review In 2017 - The Good, The Bad, The Ugly

 

hey guys Shane here with accounting rocket comm coming at you with another video here and this one we're going to be reviewing fresh books the good the bad luckily in 2017 so real quick context right fresh books it is a it is a software app counting application so there's a little bit of controversy in how fresh books has been marketing themselves so basically they're calling themselves an accounting software application right

that's what they're calling themselves are they counting software application many accountants would argue no they're not a software application mainly because they are really only a cash basis type operation where they track ins and outs of the bank account and anything out is an expense anything in is revenue invoices that are outstanding or I guess quote-unquote AR but they like to call it revenue outstanding so basically FreshBooks is it's been around since 2003 now fresh books

is is really really good at what it does and what it doesn't do it doesn't really claim to do it so people are ridiculing it about is the fact that it does really do accrual accounting doesn't lead to depreciation doesn't have general ledger doesn't sub ledgers it doesn't have a lot of the accounting function that you would expect in an accounting up like accounting a book to help an accounting application and again fresh

books doesn't clean to be that thing so right now it's target market is think like freelancer like service based sort of very heavily service-oriented customer right or that's their target right small business service-oriented small business that is their target that is their niche and anything else is really not who they're trying to serve and when someone else tries to use the application and then they're there that customer they get upset and then you'll find

they're unhappy review on forever you know any where you say oh this application is called an accounting application but it doesn't do so-and-so well you probably you're not really the target and you should probably find a better so for example QuickBooks QuickBooks is still very comprehensive the desktop version and the online version they're both very comprehensive they both have a lot of function functionality that this does not have again that that's kind of my opening

rant but before I even start about anything else I really want to just clarify and what the intended purpose of freshbooks is because what it does it does really well now with that being said I'm going to get into the review it's again circle 2017 it's grown a lot it started in 2003 and I think by 2010 it had 1.6 million users and then 10:13 a group of 5 million and now it

has over 10 million so it's growing pretty quick and I only anticipated getting even better as they keep adding functionality to it now right off the bat is QuickBooks is FreshBooks a viable alternative to quick is bi is special to viable turn QuickBooks I would say no it isn't but it really depends because they do different things but being one of the fastest-growing cloud accounting solutions in the market again you should have it a

working knowledge of what FreshBooks does and if you are a bookkeeper an accountant you should just understand how can I just understand what FreshBooks does so that I could potentially implement it in my clients environment and so that maybe I can help them do whatever it is that they do better so that's that's the opening jumping right into it we have sorted fresh books again I already talked about that start in 2003 its

cloud-based always online accounting software mainly used in service based businesses originally it was invoicing and expense tracking utility basically only doing invoicing and expense tracking back in 2003 now it's expanded its features to include a couple more core accounting elements although it still doesn't really function as an accounting system will talk about more that in a minute so what's the good about fresh books there's a lot of good about fresh books first of all the

user interface is phenomenal it really is...

See more here: https://www.youtube.com/watch?v=Z8t3VcllGVQ

 hey guys Shane here with accounting rocket comm coming at you with another video here and this one we're going to be reviewing fresh books the good the bad luckily in 2017 so real quick context right fresh books it is a it is a software app counting application so there's a little bit of controversy in how fresh books has been marketing themselves so basically they're calling themselves an accounting software application rightthat's what they're calling themselves are they counting software application many accountants would argue no the...