Square vs FreshBooks
Detailed comparison to help you choose the right tool for your needs
F
FreshBooks
Accounting software built for owners
4.5
Editorial RatingQuick Comparison
Rating
4.6
vs4.5
Starting Price
Free
vs$19
Pricing Model
freemium
vspaid
Feature
Square
FreshBooks
POS System
Payment Processing
Online Store
Invoicing
Inventory Management
Team Management
Time Tracking
Expense Management
Project Profitability
Double-Entry Accounting
Client Portal
Square Pros
- Free POS system with no monthly fees
- Excellent hardware options for in-person payments
- Integrated online and offline selling
- Fast next-day deposits as standard
- Easy to set up and start accepting payments
- Growing ecosystem with payroll, banking, and loans
Square Cons
- Processing fees are higher than negotiated merchant accounts
- Limited customization on the free tier
- Account stability issues reported by some merchants
- International availability is limited
- Advanced features require paid add-ons
- Not ideal for high-volume or enterprise businesses
FreshBooks Pros
- Best-in-class invoicing experience
- Excellent time tracking built in
- Very easy to learn for non-accountants
- Great client portal and payment experience
- Strong mobile apps for iOS and Android
- Friendly and responsive customer support
FreshBooks Cons
- Client limits on lower plans
- Not ideal for product-based businesses
- Limited inventory management
- Reporting is less advanced than competitors
- No payroll feature built in
- Double-entry accounting added late and feels bolted on