Quicken vs FreshBooks: Which is Better for Business in 2025?

Winner

4.5

• All Recurring
• Flagship Checking
• Spending Plan
• Link Transaction
• Spending Watchlist
• Free trial available
• Paid Plans from $5.59/month

TRY NOW

Runner Up

3.0

• Invoicing
• Time Tracking
• Accounting
• Reports
• Bookkeeping
• Free trial available
• Paid Plans from $2.10/month

TRY NOW

Do you struggle to keep your finances in order, whether for personal use or your small business?

It’s a real headache that can lead to stress and missed opportunities.

Imagine if you could easily manage your money without constant worry.

This is where financial software like Quicken and FreshBooks comes in.

But with so many options, how do you pick the right one?

We’ll break down Quicken vs FreshBooks and their features to help you decide which tool is best!

Overview

We checked out Quicken and FreshBooks closely.

We looked at how easy they are to use, what features they have, and what people who use them say.

This helped us see where each one shines, so you can pick the best fit.

4.5out of 5

Want to take control of your finances? With Quicken, you can connect to thousands of financial institutions. Explore it for more!

Pricing: It has a free trial. The premium plan at $5.59/month.

Key Features:

• Budgeting Tools
• Bill Management
• Investment Tracking

Try quicken now Read Full Review

3out of 5

Ready to simplify your invoicing and get paid faster? Over 30 million people have used FreshBooks. Explore it for more!

Pricing: It has a free trial. Paid plan starts at $2.10/month.

Key Features:

• Time Tracking
• Invoicing
• Bookkeeping

Try freshbooks for free Read Full Review

What is Quicken?

So, you’re wondering about Quicken?

It’s like a tool that helps you see all your money stuff in one place. 

Think of it as your digital money organizer.

It can help you track your bank accounts, bills, and even investments.

Pretty handy, right?

Also, explore our favorite Quicken alternatives…

Our Take

Looking to get a grip on your finances? With over 40 years of experience, Quicken has helped more than 20 million members take control of their money.

Try quicken now Read Full Review quicken alternatives

Key Benefits

Quicken is a powerful tool for getting your financial life in order.

They boast over 40 years of experience and have been a #1 best-selling product.

Their various plans can connect to over 14,500 financial institutions.

You can also get a 30-day money-back guarantee to try it out risk-free.

• Connects with thousands of banks and credit cards.
• Creates detailed budgets.
• Tracks investments and net worth.
• Offers retirement planning tools.

Try Quicken now

Pricing

• Quicken Simplifi: $2.99/month.

Try Quicken now

Pros

• It connects all your accounts easily.
• Budgeting and tracking are straightforward.
• It helps manage investments effectively.
• You can plan well for retirement.
• It offers a complete financial picture.

Cons

• The subscription cost can add up.
• Some users find the interface complex.
• Customer support can sometimes be slow.
• You need to pay for updates.

Try Quicken now

What is FreshBooks?

Okay, so let’s talk about FreshBooks.

Think of it like a helper for your money stuff.

It’s made for people who run small businesses and do freelance work.

It helps you send bills (invoices), keep track of your money coming in, and see where your money is going.

It’s like having a simple way to manage your business finances.

Also, explore our favorite Freshbooks alternatives…

Our Take

Tired of complex accounting? 30 million+ businesses trust FreshBooks to create professional invoices. Simplify your accounting software today!

Try FreshBooks For FREE Read Full Review FreshBooks alternatives

Key Benefits

• Professional invoice creation
• Automated payment reminders
• Time tracking
• Project management tools
• Expense tracking

Try FreshBooks for free

Pricing

• Lite: $2.10/month.
• Plus: $3.80/month.
• Premium: $6.50/month.
• Select: Custom Pricing.

Try FreshBooks for free

Pros

• Excellent for invoicing and payments.
• Very user-friendly interface.
• Good for freelancers and project-based work.
• Offers helpful time-tracking features.

Cons

• Accounting features are less comprehensive than some others.
• AI capabilities are primarily focused on invoicing and organization.
• Reporting features can be somewhat basic.

Try FreshBooks for free

Feature Comparison

Finding the best accounting software is a matter of prioritizing needs.

This quicken vs freshbooks comparison contrasts a dedicated personal finance software with a service-based freshbooks accounting software.

Helping small business owners evaluate their value proposition.

1. Core Focus and User Base

• Quicken: The quicken brand is built on decades of providing personal finance software. The quicken deluxe and quicken premier versions focus on monitoring investment accounts, tracking balances, and retirement planning. Quicken Business allows mixing business personal data.
• FreshBooks: This is a platform explicitly designed for self employed professionals and small businesses. Its key features are centered around tracking time and client billing, aiming to simplify the process of sending invoices and managing clients.

2. Time Tracking and Project Management

• Quicken offers basic time tracking functionality within its quicken business versions, suitable for small business users to log hours and track billable time. It does not create comprehensive project management tools.
• FreshBooks offers deep time tracking advanced features included in all pricing plans. The platform is designed to manage projects, and the premium plan unlocks project profitability tracking for only the projects you are working on.

3. Invoicing and Accounts Receivable

• Quicken: Allows users to create invoices and track accounts receivable for their sales and income. Its payments options are limited but let users receive online payments and connect to bank accounts.
• FreshBooks: Excels with invoicing features that let you create professional custom invoicing documents, send invoices, and manage recurring invoices and recurring billing. It features automated payment reminders for late fees and a freshbooks payments system that includes ach transfers.

4. Pricing and Scalability

• Quicken: The price is typically a single annual subscription for quicken software, making it cost-effective for users managing business personal finances. You download the program to your desktop or computer.
• FreshBooks‘ four plans (lite plan, plus plan, premium plan, select plan) are a tiered structure per month. Its plans limit billable clients, and adding team members requires an additional user cost, which can affect scalability for small business owners who need an unlimited number of users.

5. Expense Management and Banking

• Quicken: It offers strong bill tracking and expense categorization. It connects directly to bank and investment accounts to track balances and transactions, providing a financial picture of your money.
• FreshBooks: Provides robust expense management and bank reconciliation from your ios and android devices. It integrates with a virtual terminal and tracks unreconciled transactions, using ach payments and bank transfers to match the data.

6. Tax and Compliance Focus

• Quicken: Provides tax time planning and reports, particularly for tax schedules related to rental properties and self-employment. The quicken home version gives users control over their local file.
• FreshBooks: It provides reports for tax time and the ability to export any type of data as a csv file. Its accounting reports are tailored to help business owners and business partners prepare tax returns with ease.

7. Accessibility and User Experience

• Quicken: The user interface is mature, running on windows and mac desktop platforms. While it has a mobile app, the full analysis and control are typically expected on the desktop. The software is owned by aquiline capital partners.
• FreshBooks: The freshbooks mobile app is highly rated and allows users to manage invoices and billable time on a mobile device via an internet connection. The freshbooks dashboard is known for its modern, easy-to-use review and design.

8. Ecosystem and Advanced Functionality

• Quicken has a limited number of integrations with other software and business apps, though it has excellent banking connectivity. The quicken deluxe and quicken premier versions offer deep details on investment accounts.
• FreshBooks is an excellent accounting software solutions that integrates with many pos systems and other accounting software. Its advanced features include client retainers and exclusive access to certain payments features.

9. Management and Value

• The quicken software offers monitoring and planning for the future, helping users protect their finances from the beginning of their sales career to retirement. This dual personal finance and business personal functionality is its primary value.
• FreshBooks offers a high value proposition for service businesses through its time tracking and invoicing features. The freshbooks faqs and strong customer support are why many recommend freshbooks as a modern and affordable alternative.

What to look for in an Accounting Software?

Here are some extra things to think about:

• Scalability: Can the software grow with your business market?
• Support: What kind of help is available if you have questions?
• Ease of Use: Is it something you and your team can learn quickly?
• Specific Needs: Does it handle the unique things your business does?
• Security: How safe is your purchase & financial data with this software?

Final Verdict

Which one wins: Quicken or FreshBooks?

It depends on your needs. If you manage personal and business money, Quicken is best.

It handles home budgets, business expenses, and investments.

It’s an all-in-one financial tool. But if you’re a freelancer or service business, FreshBooks is better.

Its invoicing, time tracking, and expense features are perfect for clients.

We tested both programs. We did this to give you honest advice.

Trust us to help you pick the right tool. It will make your money life easier.

Try quicken now Read Full Review quicken alternatives

Try freshbooks for free Read Full Review freshbooks alternatives

More of Quicken

• Quicken vs Puzzle: This software focuses on AI-powered financial planning for startups. Its counterpart is for personal finance.
• Quicken vs Dext: This is a business tool for capturing receipts and invoices. The other tool tracks personal expenses.
• Quicken vs Xero: This is popular online accounting software for small businesses. Its competitor is for personal use.
• Quicken vs Synder: This tool syncs e-commerce data with accounting software. Its alternative focuses on personal finance.
• Quicken vs Easy Month End: This is a business tool to streamline month-end tasks. Its competitor is for managing personal finances.
• Quicken vs Docyt: This uses AI for business bookkeeping and automation. The other uses AI as a personal finance assistant.
• Quicken vs Sage: This is a comprehensive business accounting suite. Its competitor is an easier-to-use tool for personal finance.
• Quicken vs Zoho Books: This is an online accounting tool for small businesses. Its competitor is for personal use.
• Quicken vs Wave: This provides free accounting software for small businesses. Its counterpart is designed for individuals.
• Quicken vs Hubdoc: This specializes in document capture for bookkeeping. Its competitor is a personal finance tool.
• Quicken vs Expensify: This is a business expense management tool. The other is for personal expense tracking and budgeting.
• Quicken vs QuickBooks: This is well-known accounting software for businesses. Its alternative is built for personal finance.
• Quicken vs AutoEntry: This is designed to automate data entry for business accounting. Its alternative is a personal finance tool.
• Quicken vs FreshBooks: This is accounting software for freelancers and small businesses. Its alternative is for personal finance.
• Quicken vs NetSuite: This is a powerful business management suite for large companies. Its competitor is a simple personal finance app.

More of FreshBooks

• FreshBooks vs Puzzle IO: This software focuses on AI-powered financial planning for startups. Its counterpart is for personal finance.
• FreshBooks vs Dext: This is a business tool for capturing receipts and invoices. The other tool tracks personal expenses.
• FreshBooks vs Xero: This is popular online accounting software for small businesses. Its competitor is for personal use.
• FreshBooks vs Synder: This tool syncs e-commerce data with accounting software. Its alternative focuses on personal finance.
• FreshBooks vs Easy Month End: This is a business tool to streamline month-end tasks. Its competitor is for managing personal finances.
• FreshBooks vs Docyt: This uses AI for business bookkeeping and automation. The other uses AI as a personal finance assistant.
• FreshBooks vs Sage: This is a comprehensive business accounting suite. Its competitor is an easier-to-use tool for personal finance.
• FreshBooks vs Zoho Books: This is an online accounting tool for small businesses. Its competitor is for personal use.
• FreshBooks vs Wave: This provides free accounting software for small businesses. Its counterpart is designed for individuals.
• FreshBooks vs Quicken: Both are personal finance tools, but this one offers more in-depth investment tracking. The other is simpler.
• FreshBooks vs Hubdoc: This specializes in document capture for bookkeeping. Its competitor is a personal finance tool.
• FreshBooks vs Expensify: This is a business expense management tool. The other is for personal expense tracking and budgeting.
• FreshBooks vs QuickBooks: This is well-known accounting software for businesses. Its alternative is built for personal finance.
• FreshBooks vs AutoEntry: This is designed to automate data entry for business accounting. Its alternative is a personal finance tool.
• FreshBooks vs NetSuite: This is a powerful business management suite for large companies. Its competitor is a simple personal finance app.

Frequently Asked Questions