Coinvoice vs FreshBooks
A simpler alternative for freelancers who just need invoicing. A side-by-side comparison for UK freelancers and small businesses.
Pricing at a glance
£0/mo - unlimited invoices, 5 active clients
£4.99/mo (or £3.33/mo annual) - unlimited clients
From £12/mo (Lite) - limited to 5 billable clients
Feature-by-feature comparison
| Feature | Coinvoice | FreshBooks |
|---|---|---|
| Unlimited invoices | Lite: 5 clients | |
| Online payments (Stripe) | ||
| Expense tracking | ||
| Time tracking | Plus plan (£22/mo) | |
| AI invoice creation | 5/mo free, unlimited Pro | |
| Recurring invoices | Pro | |
| Bank reconciliation | ||
| Payroll | ||
| UK-focused | Partial | |
| Free plan available | 5 clients | 30-day trial only |
| Accounting exports | Pro | |
| Team members | Pro (up to 3) |
Which one is right for you?
Choose Coinvoice if…
UK freelancers and sole traders who primarily need invoicing, time tracking, and expense tracking without the complexity of full accounting software. Coinvoice offers a generous free tier to get started, AI-powered invoice creation, and Stripe payment links so your clients can pay online the moment they open your invoice.
Choose FreshBooks if…
Growing businesses that need full accounting features like bank reconciliation, payroll, and double-entry bookkeeping. FreshBooks also has a mature ecosystem of integrations with tools such as Gusto, Shopify, and HubSpot, making it a strong choice for teams that rely on third-party apps.
The bottom line
FreshBooks is a more mature platform with full accounting capabilities including bank reconciliation and payroll. Coinvoice is a simpler, cheaper option focused on invoicing. It has a free tier and AI features that FreshBooks doesn't, but lacks the accounting depth. If you only need to create invoices and track time, Coinvoice is worth trying. If you need proper bookkeeping, FreshBooks is the safer choice. Coinvoice also stands out for UK sole traders who want to start invoicing immediately without a trial deadline — the free plan has no time limit and includes expense tracking and Stripe payment links out of the box.