FRESHBO
OK
GROUP 1
CALALANG, YNA
ENRIQUEZ, BIANCA
MAGAT, KATHERINE
SIAPCO, CIELO
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FRESHBOOK
FreshBooks is an award-winning finance & accounting software
and one of the best cloud solutions for small business owners.
Freshbooks is popular among businesses for streamlining client
invoicing and time tracking processes.
FreshBooks products are geared mainly toward small to medium-
sized businesses and offer cloud- based accounting applications
that send invoices to clients to bill for time and expertise. The
company was founded in 2003 and is based in Toronto, Ontario,
Canada.
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• FreshBooks aims to reduce the complexity of
traditional accounting software by providing an
intuitive interface, automating repetitive tasks, and
enabling users to manage their finances from
anywhere with internet access. The software helps
users streamline administrative tasks, ensuring they
can focus more on their core business activities while
maintaining financial control.
• Freshbooks is basically a software or app which tells
you that where your business in financially stands.
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INPUT
These are data and actions
entered by
the user into the system
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PROCESS
The system processes the inputs
to generate
useful results.
5
OUTPUT
The outputs are the results
produced after
processing the input data.
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ADVANTAGES
• Save time on bookkeeping and
accounting
• Quick payment
• Easy access to account
• Improve cash flow management
• Easy integration
8
LIMITATIONS
FreshBooks accounting software has
some limitations, including limits
on users and clients, and a lack
of features for inventory
tracking and vendor
management
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DISADVANTAGES
• Not suitable for large
businesses
• Limited users and clients
• Additional fees
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REFERENCES
• https://www.whizconsulting.net/au/blog/pros-and-cons-of-
freshbooks/
• https://www.slideshare.net/slideshow/freshbooks-cloud-
• https://www.nerdwallet.com/reviews/small-business/
accounting-system/223402977
freshbooks#:~:text=Limits%20on%20users%20and
%20clients,five%20and%2050%20clients%2C%20respectively.
THANK YOU
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