Choose FreshBooks if
You are a freelancer or a service business, most of your bookkeeping is invoicing clients for time and projects, and you need it today.
Centilio LedgerLayered record
CENTILIO LEDGER / MONEY
FreshBooks cloud accounting software, and where Ledger differs.
FreshBooks is built around service businesses that invoice clients for time and projects, with double-entry accounting included, and it ships today. Ledger is designed for a business whose invoices, expenses and payroll already live in Centilio, priced once for everyone. Here is the plain comparison, multi-currency included.
not shipped · wave 3as of research in 2026pricing models, not pricescorrections welcome
Product design preview · Ledger has not shipped. All features, screens and prices are proposals.
Ledger has not shipped yet.
Everything on these pages — the screens, the features, the prices — is Centilio Ledger as designed. Ledger has not shipped: it sits in the third wave of Centilio tools, and there is no app, no beta and no launch date yet. We would rather set out the whole design and say so plainly than publish a thin page and let you guess. Join the waitlist and you will hear first; if you need an invoice today, the free invoice generator works now, with no sign-up.
Side by side
Centilio Ledger and FreshBooks, side by side.
Checked against the vendors’ public pages during research in 2026. We compare how each tool charges, not what it charges, because list prices move; if something here is out of date, tell us and we will correct it.
| Centilio Ledger | FreshBooks | |
|---|---|---|
| What it is | Bookkeeping inside a business suite, built from invoices, expenses and bank lines | Invoicing and accounting in the cloud, built around service businesses |
| Built for | Owners who want the books kept, and the advisers who sign them off | Freelancers and service businesses that bill clients for time and projects |
| Where entries come from | Bill, Spend, Pay and bank feeds, reviewed in one queue | Its own invoices, expenses and time tracking, plus bank connections |
| Bookkeeping | Double-entry behind plain questions (designed) | Double-entry accounting included |
| Time and projects | Not in Ledger; projects belong to Track, a separate Centilio tool | Time tracking and projects built in |
| Where it runs | In the browser (designed) | In the browser, with mobile apps |
| Pricing model | Per business, proposed: Free, then $19 a month | Tiered plans, client limits on the lower tiers, a monthly fee for each extra team member |
| Availability | Not shipped — wave 3, in design | Shipped and mature |
Choose
Which one to choose.
Choose Ledger if
Invoices, expenses and payroll will live in Centilio, you want the books built from them and reviewed in one queue, one price for everyone including your accountant, and you can wait for wave 3.
Multi-currency
Weighing FreshBooks and Ledger on multi currency accounting.
If you invoice or pay in more than one currency, ask any tool the same four questions, FreshBooks and Ledger included.
Ledger is designed to answer yes to all four on Pro: invoices, bills and bank accounts in other currencies, a daily rate you can override, exchange differences posted when a payment lands, and both amounts on every line.
FreshBooks’ own pages describe how it handles each of these. Check them for today’s detail rather than taking a competitor’s word for it.
- Can an invoice, a bill and a bank account each be in a currency other than the books’?
- Where does the exchange rate come from, and can you override it for one entry?
- Are gains and losses on exchange posted for you when a foreign invoice is paid?
- Can your accountant see the original amount and the converted one on every line?
If you switch, later
What moving from FreshBooks will take.
- Pick a clean start date — the first day of a month or of a financial year — rather than moving years of history.
- Bring opening balances and open invoices, not every old transaction, and keep the old tool read-only for the years before.
- Run both for one month. Close it in Ledger, compare the reports with the old tool, and stop only when they agree.
- Ask your accountant to check the first month-end before the whole team moves.
Questions
About switching.
Is Ledger a FreshBooks alternative?
For a business that wants the books built from what it already records in Centilio, that is the design. For a freelancer whose bookkeeping is mostly invoicing time to clients, FreshBooks is built for exactly that and ships today.
How does FreshBooks charge?
As of research in 2026, FreshBooks is sold in tiered plans, with limits on billable clients on the lower tiers and a monthly fee for each extra team member. Check FreshBooks’ page for today’s plans and prices.
Does Ledger track time?
No. Time and projects belong to Track, a separate Centilio tool, and Ledger books the invoices that come from that work through Bill.
Can Ledger handle more than one currency?
That is the design on Pro: invoices, bills and bank accounts in other currencies, with exchange differences posted for you. It has not shipped, so check this page again at launch.
Is Ledger available now?
No. Ledger is in the third wave of Centilio tools and has no launch date yet. Join the waitlist and you will hear first.
Can I use both?
You could keep FreshBooks for invoicing and bring the books to Ledger later, but most businesses are better served by one set of books. Run one month side by side and keep the one your adviser prefers.
Hear first when Ledger opens.
Ledger is in the third wave, after Bill, with Spend and Pay beside it. Join the waitlist and you will hear before the announcement. Tell us how you keep the books today and what your year-end looks like; the awkward requirements shape the design most.