Compare Drake Tax Software vs. FreshBooks

If you need a reliable Tax Software product for your organization you must remember to examine various options. It doesn’t have to be tricky, and can be as straightforward as matching their functionalities in a table like the one below. You will also get a quick idea how each product functions. As an example, on this page you can check FreshBooks’s overall score of 9.8 and compare it against Drake Tax Software’s score of 8.6; or FreshBooks’s user satisfaction level at 99% versus Drake Tax Software’s N/A% satisfaction score. The comparison will help you identify the good and bad points of each program, and make up your mind on which fits you requirements better. Aside from the main features, the application which is simple and intuitive is always the better choice. We did our best to review all popular Accounting Software products offered out there, but among all the ones we reviewed these three deserved our special attention: Zoho Books, Sage 50cloud, FreshBooks.
Comparison

Drake Tax Software

VS

FreshBooks

VS

Drake Tax Software screenshot FreshBooks screenshot
Pricing Details

Total Score

Our Score

8.6 ?

Our Score

9.8 ?

Customer Experience

Customer Experience

Customer Experience

N/A% ?

Customer Experience

99% ?

Pricing

Pricing

$300

$15

Pricing Type

Pricing Type

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

Detailed Review

General Info

General Info

A professional tax software for accounting firms and tax practitioners; offering features that allow them to automatically calculate federal and state tax returns.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Useful Links
Pricing Info

Pricing Info

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.

Pricing Details

Pricing Details

Learn more about Drake Tax Software pricing Learn more about FreshBooks pricing
Contact No.

Contact No.

+1-800-890-9500 +1-866-303-6061
Popular Customers

Popular Customers

No available information. Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Company's Address

Company's Address

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

Email Address

sales@drakesoftware.com info@freshbooks.com
Features

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
Support Types

Support Types

Phone Live Support
Ticket Training
Phone Live Support
Ticket Training
Business Size

Business Size

Large Enterprises | Medium Business Small Business | Freelancers
Languages Supported

Languages Supported

English English, Dutch, Polish, Turkish, Swedish
Available Devices

Available Devices

Windows
Android
iPhone/iPad
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
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
Software Comparison

Software Comparison

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Popular Alternatives

Popular Alternatives

QUICK LINKS

QUICK LINKS

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You shouldn’t count on simply a wide range of features and scalable pricing packages from a well-known Tax Software. Almost as significant as main features is a top-notch customer support. You want to guarantee that when you have any questions about FreshBooks or Drake Tax Software, or you struggle with some problems, or perhaps you’ll need to ask for a certain revision or feature beneficial to your team you can count on a responsive and helpful customer support. See if options such as phone support, tickets or live chat are available. Additionally, it’s a major asset if you are able to benefit from individual training or at least a knowledge base you can use.