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Freshbook-Group-1 20250110 221309 0000

FreshBooks is a cloud-based finance and accounting software designed for small to medium-sized businesses, focusing on simplifying client invoicing and time tracking. It offers advantages such as time-saving bookkeeping, quick payments, and easy access, but has limitations including user and client caps and lacks inventory tracking features. Founded in 2003 and based in Toronto, FreshBooks aims to automate tasks and enhance financial management for its users.

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0% found this document useful (0 votes)
37 views12 pages

Freshbook-Group-1 20250110 221309 0000

FreshBooks is a cloud-based finance and accounting software designed for small to medium-sized businesses, focusing on simplifying client invoicing and time tracking. It offers advantages such as time-saving bookkeeping, quick payments, and easy access, but has limitations including user and client caps and lacks inventory tracking features. Founded in 2003 and based in Toronto, FreshBooks aims to automate tasks and enhance financial management for its users.

Uploaded by

euriemorales161
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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FRESHBO

OK
GROUP 1
CALALANG, YNA
ENRIQUEZ, BIANCA
MAGAT, KATHERINE
SIAPCO, CIELO
1
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.
2
• 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.
3
INPUT

These are data and actions


entered by
the user into the system
4
PROCESS

The system processes the inputs


to generate
useful results.
5
OUTPUT

The outputs are the results


produced after
processing the input data.
6
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
7
DISADVANTAGES

• Not suitable for large


businesses
• Limited users and clients
• Additional fees
9
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
2

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