What’s New in FreshBooks – 2024
FreshBooks releases new features and updates every month – designed to make accounting even easier for your business. And this post is the best place to check in on all the latest changes.
January 2024
FreshBooks Payroll powered by Gusto
Businesses in the US can sign up for FreshBooks Payroll and payroll for employees, file payroll taxes, and maintain labor compliance.
Journal Entries section
See all manually created journal entries in a dedicated Journal Entries section.
FreshBooks in English (United Kingdom)
In your account settings, you can now choose to use your FreshBooks account in English (United Kingdom) which will automatically rename Estimates to Quotes instead.
February
Welcome video for accountant hub users
Accountant Hub users now have the option to view a welcome video walking through key features in the Accountant Hub.
March
Dashboard improvements
You can now hide dashboard graphs and customize the order of your dashboard graphs, including the newly added Revenue and Expenses graph.
April
Invoices advanced search
Client accounts can now use advanced search to narrow down specific invoices they’ve received from other businesses.
Bulk download PDFs for received invoices
Businesses and client accounts can now download multiple received invoices as PDFs using bulk actions.
Timestamps Added to History
The invoice history, estimate history, and proposal history now includes timestamps for each event.
Filter clients by status
Accountant Hub users can now quickly filter their list of clients by status.
May
Trial countdown and onboarding checklist for clients
Accountant Hub users can now find the number of days left on their clients’ trial of FreshBooks as well as reference an onboarding checklist when setting up new clients.
Automated journal entries for payroll
When running payroll, journal entries are automatically written to your Chart of Accounts.
Duplicate expense checker
Any connected bank accounts via bank connections or bank rec also used for payroll runs will not import expenses automatically to avoid duplicate expenses.
June
Email change notification
Updating the email or password for your FreshBooks account now requires re-entering your current password. When the email is updated, an email change notification is sent to the original email address.
Client account navigation updates
The navigation experience has been updated along with a new Settings page for all business settings, and a new top menu for account settings.
July
FreshBooks Payments powered by Stripe
FreshBooks Payments powered by Stripe is now available for businesses in Canada and United States for online payment processing.
Review decline reasons for FreshBooks Payments and Stripe Standard Payments
Select any declined credit card transaction processed by FreshBooks Payments or Stripe Standard to review the reason for the decline.
August
Maintain search after delete
Deleting an entity from within the search results keeps the search active.
Email not delivered notification
Senders are notified with a new email notification if an emailed invoice, estimate, or proposal is not successfully delivered to the recipient.
September
Audit log for expenses
With the new Audit Log report you can track changes to expenses and invoices. To customize your view, filter by client, user, type of change, or entity type (expenses or invoices).
Import up to 365 days for eligible banks via Yodlee
When creating new Bank Connections with Yodlee, you can now import up to 365 days of transactions with eligible banks.
October
Historical payroll for new signups
New users signing up for FreshBooks Payroll now have option to include historical payroll runs from previous payroll providers before running their first payroll in FreshBooks.
November
Updated online payments settings
The All Transactions sub-section in the Online Payments Settings is now updated with quick filters and the ability to review payment details for each transaction.
Updated items and services
The updated items and services sections includes quick filters and the ability to duplicate an item or service.
Last imported added to Bank Reconciliation
All bank connections displayed in Bank Reconciliation now display the last imported on date for posted transactions.
Contractors in FreshBooks Payroll
You can now add 1099 contractors, run contractor payments while also paying at least one W-2 employee, and access the Contractor Payment report.
Financial Lock
Owners and Accountant – Full Access users can now use Financial Lock to prevent changes being made to invoices, invoice payments, and expenses during the locked period.
Coming Soon
2FA login
In Beta: Two-factor authentication is being added to FreshBooks logins.
Updated General Ledger Report
In Beta: The updated General Ledger report includes additional filters, customizable columns, and collapsible headers to help you view your General Ledger data.
Interested in trying out the updated General Ledger report? Sign up for the waitlist.