Freshbooks was started in 2002 by the ex-lawyer of Mike McDerment. Freshbooks offers excellent features to manage small businesses & freelance projects easily. It has everything needed, i.e. Invoicing, Expense Tracking, Time Tracking etc., that are expected from an accounting software but offers all these at a low price of $15/month paid annually for all plans. There are three types of programs available- Basic, Standard & Premium, which differ in features they offer.