Compare MoneyPenny vs. FreshBooks

There are lots of Accounting Software products in the market these days. The simplest way to find out which product fits your needs best is to examine them side by side. For instance, here you can assess FreshBooks and MoneyPenny for their overall score (9.8 vs. 8.0, respectively) or their user satisfaction rating (99% vs. 96%, respectively). You can also examine their functions and pricing terms and other useful facts below. When matching products make sure to examine their corresponding capabilities and mark their differences to obtain a clearer picture of both deals. Similarly, bear in mind to assess non-core issues like security, backup, ease-of-use, and customer support. Our experts made sure to prepare reviews of all popular Accounting Software solutions offered on the market, but among them these three deserved our special attention: Sage 50cloud, Zoho Books, FreshBooks.





MoneyPenny screenshot FreshBooks screenshot
Pricing Details

Total Score

Our Score

8.0 ?

Our Score

9.8 ?

Client Satisfaction

Client Satisfaction

Client Satisfaction

96% ?

Client Satisfaction

99% ?





Price Scheme

Price Scheme

Monthly payment Monthly payment | Annual Subscription
Complete Review

Complete Review

Product Info

Product Info

MoneyPenny is the smartest cloud invoicing software with time tracking designed for small businesses and freelancers.
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
Available Devices

Available Devices

Types of Customers

Types of Customers

Small Business | Medium Business | Freelancers Small Business | Freelancers
Vendor's Address

Vendor's Address

DAYquiri GmbH
Vordergasse 3
CH 8200 Schaffhausen
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Pricing Details

Pricing Details

Learn more about MoneyPenny pricing Learn more about FreshBooks pricing
Pricing Plans

Pricing Plans

MoneyPenny offers three SMB and enterprise pricing plans for users to choose from. Give the details a look, and select the best plan for your company:

Starter – $15/month

  • 1 user
  • Invoicing
  • Expenses
  • Timesheets
  • Projects
  • Estimates
  • Client Database
  • 24/7 email support

Professional – $35/month

  • All Starter features
  • 2-5 users

Enterprise – $55/month

  • All Professional features
  • 6-30 users

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.



English English, Dutch, Polish, Turkish, Swedish
Support Types

Support Types

Phone Live Support
Phone Live Support
Ticket Training
Email Address

Email Address
Popular Customers

Popular Customers

Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Contact No.

Contact No.

+41-22-518-32-02 +1-866-303-6061
Available Integrations

Available Integrations

MoneyPenny integrates with the following business systems and applications:

  • HipChat
  • Slack
  • PayPal
  • Stripe
  • 2CheckOut
  • Braintree

FreshBooks integrates with the following business systems and applications:

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



  • Smart & quick invoicing
  • Swift payment reminders
  • Automated recurring invoices
  • Fully flexible & slick layouts
  • Integrated project tracking
  • Log time from any device
  • Easy timesheet management
  • Turn time entries into invoices
  • Snap & go receipts
  • Detailed expense reports
  • Instant expense updates
  • Assign tax-friendly categories


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
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
  • 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
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Popular Alternatives

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Every time you test various Accounting Software apps you shouldn’t simply study their list of features and offered pricing plans. Pay attention to the fact that the software should be meeting your work processes and business so the more flexible their offer the better. Learn which systems are supported by FreshBooks and MoneyPenny and be certain you will obtain mobile support for whatever devices you work on in your company. You should also find out which languages and geographies are supported, because this might be a critical factor for many companies.