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FreshBooks vs. Accountly for Self-Employed Canadians

Compare FreshBooks and Accountly for Canadian pricing, client limits, invoicing, receipts, mileage, accounting, and T2125 organization.

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Accountly Team
FreshBooks vs. Accountly for Self-Employed Canadians

FreshBooks is strongest when client billing, payments, and service-business accounting drive the workflow. Accountly is narrower and organized around records for a Canadian sole proprietor’s T2125.

Last reviewed: September 20, 2026. The prices below are regular Canadian list prices, not temporary promotional prices.

FreshBooks pricing and client limits

FreshBooks’ Canadian pricing page lists these regular monthly prices:

Plan Regular price Billable clients
Lite $26 CAD/month 5
Plus $42 CAD/month 50
Premium $72 CAD/month Unlimited

Annual billing currently provides a 10% discount. FreshBooks often displays short-term promotions, so compare the regular renewal price rather than only the introductory amount.

Receipt scanning and accountant access begin with Plus. Premium adds automatic bill-receipt data capture, accounts payable, and project-profitability features.

Feature comparison

Feature FreshBooks Accountly
Regular starting price $26 CAD/month $8 CAD/month billed annually
Pricing limit Billable-client limits by plan One-person plan without client tiers
Invoicing and payments Extensive Basic invoicing
Time and project workflow Strong Limited
Automated bank import Included in all listed plans No bank feeds
Receipt scanning Plus and above Included
Mileage Mobile mileage tracking included in all listed plans Built-in automatic mobile tracking
Direct T2125 categories Not advertised Built in
Accountant access Plus and above Included

Choose FreshBooks when

  • Invoicing, online payments, estimates, proposals, retainers, and client management are central.
  • You need conventional accounting reports or project profitability.
  • Your plan’s billable-client limit fits the business.
  • You value a larger service-business platform more than direct T2125 categories.

Choose Accountly when

  • You want a lower-priced workflow organized around T2125 categories.
  • Income comes from invoices, platforms, cash, or other manually recorded sources.
  • Built-in mileage and accountant access matter.
  • You do not need bank feeds, advanced project accounting, or FreshBooks’ payment workflow.

Accountly does not automatically import platform or bank transactions, convert currencies, or file a tax return.

See how Accountly handles invoicing and time tracking, receipt capture, and T2125 reports. If that workflow covers what you need, start the 30-day trial.

Frequently asked questions

How much does FreshBooks cost in Canada?

As of this review, regular monthly list prices are $26 for Lite, $42 for Plus, and $72 for Premium. Promotions and annual discounts can change the amount initially displayed.

Why do FreshBooks client limits matter?

Lite supports five billable clients and Plus supports 50. Premium supports unlimited clients. A growing client roster can therefore require a higher plan even if the other features have not changed.

Does FreshBooks prepare a T2125?

FreshBooks produces tax-time and accounting reports, but its Canadian feature list does not advertise direct mapping into T2125 expense categories.

Is Accountly a complete FreshBooks replacement?

Not when advanced invoicing, payments, proposals, time tracking, or project accounting are required. Accountly is intentionally narrower and focused on sole-proprietor records.

Does Accountly import bank transactions?

No. Choose a product with bank feeds when automatic transaction import and reconciliation are requirements.

The information in this guide is for general informational purposes only and is not intended as accounting, tax, business, or legal advice. Accountly does not provide professional services or act as your accountant, tax advisor, or lawyer. No client relationship is created by your use of this material. Always seek advice from qualified professionals who understand your particular circumstances before acting on any information contained herein.