FreshBooks Pricing Guide for Monthly Plans (2026)

FreshBooks costs $23 per month for Lite, $43 for Plus and $70 for Premium as of October 2026. Select is custom. Introductory discounts reduce Lite to $1.00 per month for the first year, while Plus and Premium receive an 80 percent discount for the first 3 months. Promotional pricing can change.

Billable client caps differ by tier. Lite permits up to 5 clients, Plus expands that limit to 50 clients, and Premium and Select offer unlimited client billing. Beyond base subscriptions, operational add-ons such as team member seats, Advanced Payments, and payroll expand your monthly invoice.

The calculations below exclude sales taxes and optional services. Prospective buyers can verify published rates directly on the FreshBooks pricing page before subscribing.

FreshBooks Pricing by Plan

FreshBooks costs $23 per month for Lite, $43 per month for Plus, and $70 per month for Premium under standard monthly billing as of October 2026, while Select requires custom pricing. Promotional discounts lower Lite to $1.00 per month for 12 months, and reduce Plus to $8.60 per month and Premium to $14.00 per month for the first 3 months.

Promotional rates apply exclusively to initial billing periods, after which plans renew at regular monthly list prices. FreshBooks also displays a toggle for annual billing that advertises an extra 10 percent discount, though the yearly prices were not read.

• Lite: $23 per month standard list price ($1.00 per month for the first 12 months under the Solopreneur Offer, saving $22.00 per month). This tier supports up to 5 billable clients. It includes invoicing, expense tracking, estimates, and tax-time reports. Clients can pay by credit card, debit card, ACH transfer, Apple Pay, Google Pay, or Buy Now, Pay Later.
• Plus: $43 per month standard list price. The first 3 months cost $8.60 with the 80 percent promotional discount. This tier supports up to 50 billable clients, adds client retainers and proposals, and includes accountant access, double-entry accounting reports, bank reconciliation, and expense receipt scanning.
• Premium: $70 per month standard list price. The first 3 months cost $14.00 with the 80 percent promotional discount. This tier supports unlimited billable clients and adds project profitability tracking, bill receipt scanning with line item capture, and customized email templates.
• Select: Custom pricing obtained through direct consultation. This tier supports unlimited billable clients and includes 2 team member seats. It provides dedicated phone support, lowers credit card transaction rates, caps ACH fees, offers Easy Switch data migration, removes FreshBooks branding, and includes Advanced Payments.

Client Limits and Tier Transitions

Billable client caps dictate when an organization must upgrade between FreshBooks plans. The Lite plan limits accounts to 5 billable clients. If your active client list reaches 6 accounts, Lite's cap of 5 clients is exceeded, so Plus (50 clients) is the next plan.

The Plus plan increases capacity to 50 billable clients and adds double-entry accounting reports and bank reconciliation. Upgrading to Plus also adds accountant access. In addition, Plus adds proposals, client retainers, and expense receipt scanning.

Moving from Plus to Premium removes client caps entirely and adds project profitability. Organizations billing more than 50 clients must select Premium or Select. Premium also adds bill receipt scanning with the ability to add line items.

Optional Add-Ons and Monthly Services

FreshBooks sells three core add-ons that increase recurring monthly expenses beyond the baseline subscription price. Adding extra team members costs $11 per person per month on every plan, and Select includes 2 at no extra charge. Advanced Payments costs an extra $20 per month on Lite, Plus, and Premium, but comes bundled into Select.

FreshBooks Payroll costs an optional base fee of $40 per month plus $6 per month per user. If an organization employs 5 staff members, payroll processing adds $70 per month to the base accounting subscription.

FreshBooks lists automated recurring invoices, scheduled late fees, and automated late-payment reminders in its comparison table, but the exact plan availability is not readable in the published text. To verify which plans include specific automation switches, check the FreshBooks pricing page directly.

First-Year and Second-Year Cost Calculations

Promotional pricing lowers first-year software expenditure before subscriptions return to standard list prices in year two. On the Lite plan, paying $1.00 per month for the first 12 months results in a first-year total of $12.00, compared to a second-year regular cost of $276.00 based on the $23.00 monthly list price.

On the Plus plan, subscribers pay $8.60 per month for the first 3 months ($25.80 total) followed by 9 months at the regular $43.00 monthly rate ($387.00 total). That combination yields a first-year baseline expenditure of $412.80. In year two, maintaining Plus at standard rates costs $516.00 for 12 months of service.

On the Premium plan, subscribers pay $14.00 per month for 3 months ($42.00 total) and $70.00 per month for the remaining 9 months ($630.00 total), creating a first-year total of $672.00. In year two, paying the standard $70.00 list price for 12 months equals $840.00. These projections use monthly billing and exclude sales taxes, transaction fees, optional add-ons, and the extra 10 percent yearly-billing discount, whose yearly prices were not read.

Plan Selection and Purchasing Terms

The FreshBooks pricing page offers a 30-day free trial ("Try it free for 30 days") and a "Risk Free. 30-Day Money Back Guarantee".

Solo practitioners managing 5 or fewer clients can begin on Lite to keep initial expenses low. Service firms that manage 6 to 50 active clients and require bank reconciliation, accountant access, or client retainers should select Plus. Growing businesses managing over 50 client relationships or requiring project profitability need Premium.

Buyers weighing cost against QuickBooks can read the QuickBooks pricing guide or the QuickBooks vs FreshBooks comparison. Review current promotional terms directly on the FreshBooks pricing page before completing enrollment.