Category Archives: Accountancy

FreshBooks Adds Balance Sheet Tool for Small Business Accounting

Image representing FreshBooks as depicted in C...

As part of FreshBooks  shift from online invoicing only to cloud accounting for small businesses,  they’ve expanding on their accounting offering with the release of Balance Sheets, a tool at helping businesses prepare to apply for loans, grants, submitting taxes, or seeking investors.

The new Balance Sheet tool allows users to see a summary of assets, liabilities, and equity and easily determine the health of their business.

FreshBooks claims more than 5 million users in 120 countries, and says “No one in North America has more paying users online other than Intuit’s QuickBooks Online. ”

More info on Balance Sheets is available at the FreshBooks Blog.