Harpoon vs FreshBooks

FreshBooks is a popular accounting and invoicing platform. Harpoon is a focused alternative for agencies and freelancers who want revenue goal tracking and dynamic forecasting alongside their invoicing and time tracking.

Feature Comparison

Feature Harpoon FreshBooks
Revenue Goal Tracking Yes No
Dynamic Revenue Forecasting Yes No
Time Tracking Yes Yes
Invoicing Yes Yes
Expense Management Yes Yes
Project Management Yes Yes
Analytics & Reporting Yes Yes
Online Payments Yes Yes
Peppol E-Invoicing Yes Partial
Tax Preparation No Yes
Double-Entry Accounting No Yes
Bank Reconciliation No Yes

Key Differentiators

Agency-Focused Revenue Planning

FreshBooks is a full-featured accounting platform. Harpoon is focused specifically on agencies and freelancers who want to set revenue goals, forecast income, and track their path to profitability.

Revenue Forecasting

Harpoon converts your project activity into real-time revenue forecasts tied to your yearly goal. FreshBooks has strong financial reporting, but doesn't offer forward-looking revenue targets.

Yearly & Monthly Goal Tracking

Set a yearly revenue goal and watch Harpoon break it into dynamic monthly targets that adjust based on your actual performance throughout the year.

Predictive Project Budgeting

Determine the potential value and cost of a project before it begins. Predict profitability at the start, not when it's too late to adjust.

Pricing Comparison

FreshBooks

From $7.60

/ month (Lite plan)

  • Invoicing
  • Time tracking
  • Expense tracking
  • Online payments
  • Basic reporting
  • Tax preparation

vs

Harpoon

From $9

/ month (all features included)

  • Financial planning & forecasting
  • Time tracking
  • Invoicing
  • Expense management
  • Project management
  • Analytics & reporting
  • Online payments

Which Tool Is Right for You?

Choose FreshBooks if you...

  • Need double-entry accounting and tax preparation
  • Want bank reconciliation and payroll features
  • Run a product-based or general small business
  • Don't need revenue goal tracking or forecasting

Choose Harpoon if you...

  • Run an agency or freelance business
  • Want to set revenue goals and forecast whether you'll hit them
  • Need dynamic monthly targets that adjust as you go
  • Want revenue planning alongside time tracking and invoicing

Frequently Asked Questions

Is Harpoon a good FreshBooks alternative? For agencies and freelancers who want revenue goal tracking, yes. Harpoon offers revenue goal tracking and dynamic forecasting that FreshBooks doesn't. FreshBooks is the better choice if you need full accounting and tax preparation.

Does Harpoon do accounting like FreshBooks? No. Harpoon focuses on revenue goal tracking and forecasting, not full accounting. It handles invoicing, expenses, and time tracking. Many agencies use Harpoon for day-to-day revenue planning alongside a traditional accounting tool.

Can I use Harpoon and FreshBooks together? Yes. Many agencies use FreshBooks for tax preparation and accounting, and Harpoon for revenue goal tracking, dynamic forecasting, and project profitability.

How does Harpoon's pricing compare to FreshBooks? Harpoon starts at $9/month with all features included. FreshBooks starts at $7.60/month for its Lite plan, but feature-rich plans cost significantly more.

What does Harpoon do that FreshBooks doesn't? Harpoon lets you set a yearly revenue goal, breaks it into dynamic monthly targets, and forecasts whether your project pipeline will get you there. FreshBooks doesn't offer this kind of forward-looking revenue planning.

"Harpoon takes the big picture, and really helps me plan it. But it also gives me the ground-level details I need to see what's happening today, this week, this month."

Jim Hossler, Owner