Compare Drake Tax Software vs. FreshBooks

We are here to simplify the whole process of assessing Tax Software products for you. In particular, on this page you can examine the overall performance of FreshBooks (9.8) and compare it with the overall performance of Drake Tax Software (8.6). It's also possible to match their overall user satisfaction rating: FreshBooks (99%) vs. Drake Tax Software (N/A%). Similarly, study their services thoroughly to find out which product can better tackle your company’s requirements. Generally, any B2B software has to let you to immediately see the big picture, at the same time offering you quick access to the details. Right now, the most popular products in our Accounting Software category are: Zoho Books, FreshBooks, Xero.
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Drake Tax Software

VS

FreshBooks

VS

Drake Tax Software screenshot FreshBooks screenshot
Pricing Details

Our Score

Our Score

8.6 ?

Our Score

9.8 ?

Client Satisfaction

Client Satisfaction

Client Satisfaction

N/A% ?

Client Satisfaction

99% ?

Pricing

Pricing

$300

$15

Price Scheme

Price Scheme

One-time payment | Quote-based Monthly payment | Annual Subscription
Complete Review

Complete Review

Product Info

Product Info

A professional tax software for accounting firms and tax practitioners; offering features that allow them to automatically calculate federal and state tax returns.
Winner of 2016 Best Accounting Software Award. One of the best cloud accounting solutions for small business that makes billing easy and effective.
Quick Links
Pricing Plans

Pricing Plans

Drake Tax offers two enterprise pricing plans for users to choose from. Here are the details:

Drake Unlimited Version 

  • $1395
  • Unlimited Returns
  • All Tax Packages, Federal, and State
  • All E-Filing, Federal, and State

     Bundled Software

  • DrakeCWU
  • Drake Documents
  • Drake Tax Planner

     Additional Features

  • Free Online Training
  • Free Support

Drake Pay-Per-Return Version

  • $300
  • 15 Returns
    • Additional Returns Are $20 Each
    • Can Convert To Unlimited After 85 Retrurns
  • All Tax Packages, Federal, and State
  • All E-Filing, Federal, and State

    Bundled Software

  • DrakeCWU (Available For $295)
  • Drake Documents
  • Drake Tax Planner

     Additional Features

  • Free Online Training
  • Free Support

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

OS Supported

OS Supported

Windows
Android
iPhone/iPad
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
Customer Types

Customer Types

Large Enterprises | Medium Business Small Business | Freelancers
Supported Integrations

Supported Integrations

Drake Tax Software supports integration with GruntWorx, a web-based tax automation and organization solution.

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • Partial.ly
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • FUNDBOX
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • Authorize.net
  • PayPal
  • PAYMENTEVOLUTION
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Contact Address

Contact Address

235 East Palmer Street
Franklin, NC 28734
USA
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Canada
Languages

Languages

USA, UK, Canada, International, Spain USA, UK, Canada, International, China, Germany, India, Japan, Spain, France, Russia, Italy, Dutch, Portugal, Polish, Turkish, Swedish
Contact Email

Contact Email

sales@drakesoftware.com info@freshbooks.com
Available Features

Available Features

Drake Tax Software FEATURES

  • Calculation Results
  • Calculation Error Messages
  • Calculation Notes Messages
  • Organized Return Viewing
  • Import W-2s and K-1s Using 2D Barcode Scanner
  • Schedule D (Form 1040) Import
  • K-1 Tax Infomation Export
  • 8165 Tax Information Export
  • Taxpayer Forms in Spanish
  • Multi-State Returns
  • Shortcut Keys and Macros
  • Automatic Data Flow
  • Tax Planner
  • Compare Taxes Year to Year
  • Return Archiving
  • Amortization Schedules
  • Quick Estimator
  • E-Filing
  • PIN and Consent Screens
  • Drake E-Sign
  • Attach PDFs to Returns
  • E-File States with Federal Return or Separately

FreshBooks FEATURES

Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
Projects
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
Payments
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Types of Support

Types of Support

Phone Live Support
Ticket Training
Phone Live Support
Ticket Training
Contact Phone

Contact Phone

+1-800-890-9500 +1-866-303-6061
Pricing Details

Pricing Details

Learn more about Drake Tax Software pricing Learn more about FreshBooks pricing
Prominent Customers

Prominent Customers

No available information. Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
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Popular Alternatives

Popular Alternatives

QUICK LINKS

QUICK LINKS

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The products examined on this page are only a sliver of our entire Tax Software category and you should remember that there might be more reliable services available. If you would like to guarantee you make the optimal decision for your business we strongly encourage you to analyze more apps first. You may also want to study our top 10 Tax Software list to find out which apps are currently the highest-rated ones and dominate the market.