FreshBooks Pricing 2026: Plans, Add-Ons & Total Cost

FreshBooks' regular U.S. pricing is $23 per month for Lite, $43 for Plus and $70 for Premium, with Select priced by quote and 10% off standard annual billing.

Lite regular pricing

Lite costs $23 per month on monthly billing or $248.40 per year, equivalent to $20.70 per month. The annual option represents FreshBooks' standard 10% discount.

The biggest constraint is five billable clients. Businesses that will exceed that limit should not use Lite as the long-term budget baseline even if the feature set otherwise looks sufficient.

Plus regular pricing

Plus costs $43 per month or $464.40 per year, equivalent to $38.70 per month with annual billing.

Plus supports 50 billable clients and adds bank reconciliation, accountant access, proposals, retainers, e-signatures and stronger accounting reports. It is the practical starting tier for many established service businesses.

Premium regular pricing

Premium costs $70 per month or $756 per year, equivalent to $63 per month with annual billing.

It removes the billable-client cap and expands project, receipt and business-management functionality. The main reason to upgrade is scale rather than basic invoicing.

Select pricing

Select uses custom pricing and targets businesses that want unlimited clients, payment-rate advantages and higher-touch service.

The package includes two team-member accounts, Advanced Payments, dedicated phone support, customized onboarding, Easy Switch migration and branding controls.

Current Lite promotion

FreshBooks' main U.S. pricing page currently promotes Lite at $1 per month for the first year for eligible new customers.

That promotion is temporary and can end without notice. Long-term budgeting should still use the $23 monthly regular price or $248.40 annual price.

Current Plus and Premium promotion

The main pricing page currently advertises 80% off Plus and Premium for the first three months for eligible new customers.

FreshBooks also operates campaign pages with different temporary percentages, which is another reason to use regular prices rather than promotional checkout rates for comparison.

30-day free trial

FreshBooks offers a 30-day free trial with no credit card required.

Using a Buy Now discount can exclude the free trial, so a buyer should choose between deeper evaluation and maximum promotional savings rather than assuming both stack.

Client-count economics

FreshBooks' client limits are a major pricing driver: Lite supports five billable clients, Plus 50 and Premium or Select unlimited.

A fast-growing agency can be forced into Premium by client count even if it does not need the additional feature depth.

Team-member pricing

Additional team members cost $11 per month per user on Lite, Plus and Premium. Select includes two team accounts and then charges for additional members.

An agency with five extra staff can add $55 per month before payroll, payment or other add-ons, so team size must be included in TCO.

Advanced Payments

Advanced Payments costs $20 per month on Lite, Plus and Premium and is included on Select.

Businesses using saved payment methods or more advanced collections should include this cost separately when comparing FreshBooks with QuickBooks, Xero or payment-focused invoicing tools.

FreshBooks Payroll

FreshBooks Payroll costs $40 per month plus $6 per user.

For a 10-person team, that equals $100 per month before the base FreshBooks plan. Compare this with Gusto direct and other payroll platforms rather than assuming the embedded add-on is automatically cheapest.

Payment processing

FreshBooks supports online card, ACH and wallet payments, but payment-processing fees are separate from subscription pricing.

Select can provide lower card rates and capped ACH fees, so high payment volume can materially change whether Select is more economical than Premium.

Accountant access

Accountant access requires Plus or above.

A very small business with only three or four clients may still need Plus if it works with an outside accountant, making feature requirements more important than client count.

Bank reconciliation

Bank reconciliation also requires Plus or higher.

That means businesses seeking fuller accounting rather than just invoicing should generally budget at least $43 per month regular or $38.70 equivalent on annual billing.

Projects and time

Time tracking is available broadly, while deeper project profitability and business-management capabilities improve on higher tiers.

Service businesses should compare project features with FreshBooks' client limits and team-member charges before selecting a plan.

Select payment economics

Select's lower card transaction rates and capped ACH fees can offset some of its higher custom subscription cost for payment-heavy businesses.

Procurement should request actual payment-rate assumptions in the Select quote instead of comparing only software subscription prices.

Select migration support

Select includes Easy Switch migration and customized onboarding.

This can reduce implementation effort when moving from QuickBooks or another accounting platform, but businesses should clarify what historical data and workflows are included.

10-client freelancer example

A freelancer with ten active billable clients cannot remain on Lite because the plan supports only five clients.

Plus becomes the practical starting tier at $43 per month regular, even if the freelancer does not need every Plus feature.

40-client agency example

A 40-client agency fits within Plus's 50-client limit, but user charges can become material if several staff need access.

The business should compare $43 base plus $11 per additional team member against Xero's no-per-user economics and QuickBooks' plan user limits.

75-client service business example

A business with 75 billable clients requires Premium or Select because Plus stops at 50.

Premium's regular $70 monthly price is straightforward, but Select may become competitive when payment volume, support or team-member economics justify the custom plan.

Annual versus monthly billing

FreshBooks' standard annual discount is 10%, reducing Lite to $20.70 monthly equivalent, Plus to $38.70 and Premium to $63.

Annual billing improves unit cost but reduces flexibility compared with monthly service. Buyers should still verify current cancellation and refund terms before prepaying.

30-day satisfaction guarantee

FreshBooks currently advertises a 30-day satisfaction guarantee after purchase.

That is useful for reducing purchase risk, but customers should preserve the current offer terms and receipt because guarantee eligibility can depend on how and when the subscription was purchased.

Cancellation

FreshBooks standard self-service plans do not require a long-term contract according to current pricing and trial materials.

Billing cadence still matters, so monthly and annual customers should confirm when cancellation takes effect and whether any prepaid amount remains subject to the satisfaction guarantee.

First-year cost

Temporary promotions can make first-year FreshBooks spend look dramatically cheaper than the regular subscription.

Procurement should show promotional first-year cost and steady-state annual cost separately, particularly when a $1 or 80%-off offer is active.

Three-year cost example

At regular monthly pricing, three years of Lite is $828, Plus is $1,548 and Premium is $2,520 before add-ons or taxes.

Annual billing lowers those totals by roughly 10%, but client growth, team members and payroll can matter more than the base-plan discount.

Team-cost example

A Plus customer with four paid team members would add $44 per month, taking software cost to $87 before payroll, payments and taxes.

That makes Xero's no-per-user licensing especially important as a comparison for agencies and collaborative teams.

Payroll-cost example

A Plus customer with 10 payroll users would spend $43 for FreshBooks plus $100 for payroll at current regular add-on pricing, or $143 per month before additional team-member or payment fees.

This illustrates why payroll should be treated as a separate buying decision rather than a small attachment to the accounting plan.

Payments-cost example

A business using Advanced Payments on Plus would add $20 per month before transaction fees, bringing the regular software subtotal to $63.

At high payment volume, Select's custom lower card and capped ACH rates may be worth quoting even when Premium otherwise appears sufficient.

Migration economics

FreshBooks Select includes Easy Switch, while standard tiers do not advertise the same white-glove migration package.

Businesses moving from QuickBooks should compare the value of migration support with the custom Select price and the internal effort required to move historical clients, invoices and expenses.

Five-year TCO

A complete five-year model should include the base plan, team members, payroll, Advanced Payments, card or ACH fees, third-party apps and any professional bookkeeping services.

FreshBooks can be very cost-effective for a solo service business but less attractive as client count and internal headcount grow.

Pricing transparency assessment

FreshBooks publishes clear regular prices, annual totals, client limits and major add-on fees.

The main source of confusion is aggressive temporary promotions. Using $23/$43/$70 as the baseline produces a much more accurate long-term comparison.

Procurement checklist

Count billable clients, internal users, accountant access, payroll users, payment volume, projects and required integrations before selecting a plan.

Then compare the regular annual cost with QuickBooks, Xero, Zoho Books and Wave rather than comparing temporary introductory rates.

Pricing methodology

Toollers rechecked FreshBooks' live pricing and 2026 pricing update on October 9, 2026. Regular monthly prices remain $23 Lite, $43 Plus and $70 Premium, with a 10% annual discount and Select custom.

The official prices are directly confirmed, but Toollers human pricing verification remains pending, so startingPriceVerified stays false.

Continue reading about FreshBooks

• FreshBooks tool profile
• FreshBooks Review: Features, Pricing, Pros and Cons
• FreshBooks Alternatives 2026: QuickBooks, Xero, Zoho & Wave