FreshBooks is popular among freelancers and solo businesses for its ease of use and strong invoicing features. It's particularly well-suited for time tracking and client billing. However, businesses that need full double-entry accounting, robust financial reports, or multi-company support often find FreshBooks limiting as they grow.

Ekue is a cloud-based accounting platform that bridges the gap between simplicity and accounting depth. If you're looking for a FreshBooks alternative that offers proper financial reporting and audit trails without the complexity of enterprise software, here's how the two compare.

Feature-by-Feature Comparison

Feature Ekue FreshBooks
Starting Price $19/month $19/month (Lite — 5 billable clients)
Client/Customer Limits Unlimited customers on all plans 5 clients on Lite; 50 on Plus; unlimited on Premium
Users Included 3 users on Starter, unlimited on Business 1 user on Lite; team members cost extra
Accounting Model Full double-entry accounting Simplified accounting; double-entry added later
Invoicing Create, send, track Create, send, track (core strength)
Time Tracking Not included Built-in time tracking
Expense Tracking Categorization & reporting Categorization & receipt capture
Financial Reports P&L, Balance Sheet, Cash Flow, Trial Balance Basic P&L and tax summary; no trial balance
Chart of Accounts Fully customizable, hierarchical Limited chart of accounts management
Journal Entries Manual adjusting entries Not supported
Multi-User Roles Granular, role-based permissions Limited roles; team member access is basic
Audit Logs Built-in on every transaction No audit trail feature
Multi-Currency Included on all plans Available on Plus and above
Multi-Company Pro (3) and Business (unlimited) Separate accounts required per business
Bank Reconciliation Manual & account management Automatic bank connections
Data Ownership Full export anytime, no lock-in Export available; limited formats
Support Email & in-app (real people) Email, phone (business hours)

Who Is Each Platform For?

Ekue is a good fit if you…

  • Need full double-entry accounting with journal entries
  • Want comprehensive financial reports (P&L, balance sheet, trial balance)
  • Require audit logs for compliance or accountability
  • Manage multiple companies under one account
  • Need granular role-based permissions for your team
  • Want unlimited customers without tier restrictions
  • Are outgrowing FreshBooks as your business scales

FreshBooks may be better if you…

  • Bill by the hour and need built-in time tracking
  • Are a solo freelancer who primarily needs invoicing
  • Want automatic bank connections from day one
  • Prefer phone support during business hours
  • Need project-based billing features
  • Don't require detailed financial statements or journal entries

How to Switch from FreshBooks to Ekue

Moving your data from FreshBooks is a straightforward process.

Export Your Data from FreshBooks

In FreshBooks, navigate to each section (Clients, Invoices, Expenses) and use the export function to download CSV files. You can also request a full data export from FreshBooks support.

Create Your Ekue Account

Sign up and configure your company profile — fiscal year, base currency, and tax settings. Set up your chart of accounts to match your business structure.

Import Your Data

Upload your CSV exports into Ekue. Import your chart of accounts first, then customers, vendors, and transaction history. The import tool handles column mapping automatically.

Verify Your Balances

Compare key totals between FreshBooks and Ekue. Since FreshBooks doesn't support trial balance reports, compare your P&L and outstanding invoice totals to ensure accuracy.

Invite Your Team

Add team members and assign roles with Ekue's granular permissions — a significant upgrade from FreshBooks' basic access controls.

Need a hand? Contact our support team and we'll help you make the switch smoothly.

Switching FAQs

Yes. FreshBooks allows you to export clients, invoices, and expenses as CSV files. Import these into Ekue and you're up and running. Your FreshBooks data stays intact during the migration.
No. Ekue focuses on accounting fundamentals — invoicing, expenses, reports, and permissions. If you need time tracking, you can use a dedicated time tracking tool alongside Ekue and record the billed amounts as invoices.
Businesses typically outgrow FreshBooks when they need full double-entry accounting, journal entries, comprehensive financial reports (trial balance, balance sheet), audit logs, or multi-company management. Ekue provides all of these without the complexity of enterprise accounting software.
No. Ekue includes unlimited customers and vendors on all plans. FreshBooks limits you to 5 billable clients on Lite and 50 on Plus — Ekue has no such restrictions.
Ekue is month-to-month with no contracts. Cancel anytime, export your data, and you're free to go.

Compare Ekue to Other Platforms

See how Ekue stacks up against other popular accounting tools.

Ready to Try a Better FreshBooks Alternative?

Full double-entry accounting, audit trails, and financial reports — at a price that works for small businesses.

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