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Compare FreshBooks vs Drake Tax Software

What is better FreshBooks or Drake Tax Software? The ideal Tax Software is a program that can handle your company’s unique needs. It’s easy to determine which option works really with your industry if you compare several products before you decide which one is the best.

For example, FreshBooks and Drake Tax Software are scored at 9.8 and 8.6, respectively, for total quality and performance. Similarly, FreshBooks and Drake Tax Software have a user satisfaction rating of 99% and N/A%, respectively, which suggests the general satisfaction they get from customers. Moreover, talk to an existing user of the software and solicit their opinion regarding the software in question.

Those of you who are pressed for time or could use a Accounting Software recommendation from our team might want to try out these top choices for the current year: FreshBooks, Zoho Books, Sage 50cloud.

SmartScore™

OUR SCORE 9.8

User Satisfaction

CUSTOMER EXPERIENCE 99%

Pricing

Starting from $15

Pricing Model

Free

Monthly payment

One-time payment

Annual Subscription

Quote-based

List of 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

Pricing Info

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. FreshBooks is offering a 60% off for the Lite, Plus, and Premium plans for 6 months for new customers. The tax time sale will run from June 4th to July 15th, 2020.

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.

Languages Supported

English

Chinese

German

Hindi

Japanese

Spanish

French

Russian

Italian

Dutch

Portugese

Polish

Turkish

Swedish

Prominent Clients

Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive

Integrations

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

Available Devices

Windows

Linux

Android

iPhone/iPad

Mac

Web-based

Windows Mobile

Company Size

Small Business

Large Enterprises

Medium Business

Freelancers

Available Support

email

phone

live support

training

tickets

General Info

A winner of our 2019 Best Accounting Software Award, this robust cloud accounting app for small businesses makes billing easy and efficient. FreshBooks allows users to manage key processes easily from turning receipts into expense files to tracking billable hours. Special modules to manage projects and tax are also available.

Company Email

info@freshbooks.com

Contact No.

Company's Address

35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Canada

NOAWARDS
YET

SmartScore™

OUR SCORE 8.6

User Satisfaction

CUSTOMER EXPERIENCE N/A

Pricing

Starting from $300

Pricing Model

Free

Monthly payment

One-time payment

Annual Subscription

Quote-based

List of 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

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

Languages Supported

English

Chinese

German

Hindi

Japanese

Spanish

French

Russian

Italian

Dutch

Portugese

Polish

Turkish

Swedish

Prominent Clients

No available information.

Integrations

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

Available Devices

Windows

Linux

Android

iPhone/iPad

Mac

Web-based

Windows Mobile

Company Size

Small Business

Large Enterprises

Medium Business

Freelancers

Available Support

email

phone

live support

training

tickets

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.

Company Email

sales@drakesoftware.com

Contact No.

Company's Address

235 East Palmer Street
Franklin, NC 28734
USA

The apps compared on this page are only a small sample of our full Tax Software category and you should remember that there could be better options available. If you would like to ensure you make the wisest choice for your team we strongly suggest that you analyze more products first. It may also be a good idea to consult our top 10 Tax Software ranking to learn which services are currently the highest-ranking ones and dominate the market.

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