Compare BanktoBook and FreshBooks - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - BanktoBook or FreshBooks?

BanktoBook is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than BanktoBook (55/100). FreshBooks offers users more features (12) than BanktoBook (3). There is a clear winner in this case and it is FreshBooks!

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Accounting by Rules Vs. FRESHBOOKS

Accounting by Rules: Accounting by Rules Pty Ltd was incorprated in 2012 as an associated company of Aceway Software Pty Ltd. Aceway Software Pty Ltd was incorporated in 1982 providing software services mainly to the financial, money market, cash management, deposit and loan sectors. The company has developed rapid system development techniques (Aceway Method) and pro...

FRESHBOOKS: FreshBooks is the #1 cloud accounting specialist for small business owners.If you are a service-based business, FreshBooks is designed for you. If you are a lawyer, a marketing agency, a plumber, an interior decorator, an IT professional, a therapist, an architect, a web professional – if you create value for your customers by applying your time an...

Who is more expensive? BanktoBook or FreshBooks?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BanktoBook and FreshBooks.

BanktoBook price starts at $25 per year , On a scale between 1 to 10 BanktoBook is rated 4, which is lower than the average cost of Core Accounting software. FreshBooks price starts at $6 per month , When comparing FreshBooks to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: BanktoBook is more expensive than FreshBooks.

Which software includes more/better features?

We've compared BanktoBook Vs. FreshBooks based on some of the most important and required Core Accounting features.

BanktoBook: Data Import/Export, Basic Reports, Online Customer Support.

FreshBooks: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing.

Target customer size

The software is a most viable solution for small and medium businesses hailing from a diverse range of industries. From day one, FreshBooks was intended for Freelancers and small businesses who just do not want to waste their time using Excel or Microsoft Word when invoicing their client.

BanktoBook

ITQlick rating
(3.6/5)

starts at $25 per year

BanktoBook is a web based cashbook accounting solution for small and medium businesses. It offers such services as bank account reconciliation, cash management, project accounting, and others. The softw...

Categories: Core Accounting.

FreshBooks

ITQlick rating
(4.5/5)

starts at $6 per month

FreshBooks is built for small business owners to get organized and get paid. You'll spend less time billing, and more time getting down to business.FreshBooks is simple and intuitive, so accounting isn't intim...

Categories: Accounting & Finance, Recurring Billing, Billing & Invoicing, Core Accounting, Financial reporting.

Compare specifications

Compare features

BanktoBook: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

FreshBooks: 12 Features

Mobile Access
Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Depreciation
Multi-Currency
Payment Management
Time and Expense Tracking
Time Tracking
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
BanktoBook
ITQlick rating
3.6/5
Score
55/100
Pricing
4.4/10
License pricing
$25 per year
Functionality
4
Compare
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.