Help & Docs

FreshBooks Quick Start

Everything you know in FreshBooks, mapped to Atlas

Atlas Quick Start Guide for FreshBooks Users

Everything you know in FreshBooks, mapped to Atlas. Reading time: 6 minutes


Terminology Rosetta Stone

FreshBooks TermAtlas EquivalentNotes
ClientsCustomersSame concept — contacts you invoice
InvoicesInvoicesSame — with line items, due dates, payment tracking
Recurring TemplatesRecurring InvoicesAuto-generated on schedule
Estimates(coming soon)Use draft invoices as a workaround
ExpensesBills or Journal EntriesFreshBooks "Expenses" covers both vendor bills and direct expenses
Bills (Expenses > Bills)BillsSame concept
PaymentsPayments Received / Payments MadeSplit by AR (received) and AP (made)
Bank ConnectionsBankingBank account management and reconciliation
Chart of AccountsChart of AccountsFreshBooks has a simplified version; Atlas is full hierarchical COA
ReportsReportsAtlas has 15+ report types vs FreshBooks' core set
ProjectsProjectsSame — with time tracking and profitability
Time TrackingTime TrackingLog billable/non-billable hours
Team MembersSettings > UsersUser management with roles
Accountant (invite)Accountant roleInvite with Accountant permissions
Retainers(manual)Record as prepayment via Journal Entry
Proposals(not supported)Outside accounting scope
DashboardDashboardKPI overview with action items
Late Payment RemindersDunningAutomated collection reminders
Client PortalPortalClient-facing document and report access

Where Did My Stuff Go?

What You Want to DoIn FreshBooksIn Atlas
Create an invoiceInvoices > New InvoiceInvoices > New Invoice
Create a recurring invoiceRecurring Templates > NewInvoices > Recurring tab
Record a paymentInvoices > [invoice] > Record PaymentPayments > New Payment
Log an expenseExpenses > New ExpenseBills > New Bill or Journal Entries
Enter a vendor billExpenses > BillsBills > New Bill
Track timeTime Tracking > New EntryTime Tracking (sidebar)
Manage a projectProjects > [project]Projects (sidebar)
Bank reconciliationBanking > ReconciliationBanking > [Account] > Reconcile
Run Profit & LossReports > Profit & LossReports > Profit & Loss
Run Balance SheetReports > Balance SheetReports > Balance Sheet
View expense reportReports > Expense ReportReports > Profit & Loss (expense section)
Manage clientsClients listCustomers (sidebar)
Invite accountantSettings > invite accountantSettings > Organization > Users (Accountant role)
Set up payment remindersSettings > Late Payment RemindersDunning (sidebar)
View dashboardDashboardDashboard

What Atlas Does Better

1. Full Double-Entry Accounting

FreshBooks is designed for invoicing-first businesses (freelancers, agencies). Its accounting features are simplified — many users outgrow it. Atlas is a complete double-entry bookkeeping system with:

  • Full Chart of Accounts with hierarchical structure
  • Journal entries with unlimited debit/credit lines
  • Trial Balance, General Ledger, and Cash Flow Statement
  • Period close with locking

2. Accounts Payable (Real AP Management)

FreshBooks' bill management is basic. Atlas provides full AP workflows:

  • Purchase orders with conversion to bills
  • Bill approval workflows (multi-step)
  • AP Aging reports (30/60/90/120+ days)
  • Vendor credit tracking

3. Multi-Entity Consolidation

FreshBooks supports "multiple businesses" but each is a separate account with no consolidated view. Atlas provides:

  • Multiple companies in one organization
  • Consolidated BS, P&L, CF, and Trial Balance
  • Intercompany eliminations

4. AI-Powered Transaction Categorization

FreshBooks has basic bank categorization. Atlas uses a 4-tier AI engine:

  • Exact rules → Fuzzy matching → Keyword detection → LLM fallback
  • Auto-posts at 90%+ confidence, queues the rest for review
  • Learns from every correction

5. Enterprise-Ready Features

As your business grows, Atlas scales with you:

  • 6 roles with 61 granular permissions
  • Multi-step approval workflows
  • Budget creation and variance analysis
  • Fixed asset tracking with depreciation
  • Inventory management (FIFO, LIFO, Weighted Average)
  • Multi-currency with 150+ currencies and FX revaluation
  • Tax compliance for 6 countries

Migration: Moving from FreshBooks to Atlas

Step 1: Export from FreshBooks

DataHow to Export from FreshBooks
ClientsClients > Export (CSV)
InvoicesInvoices > Export (CSV)
ExpensesExpenses > Export (CSV)
PaymentsReports > Payments Collected > Export
Items / ServicesSettings > Import/Export > Export Items
Chart of AccountsReports > Chart of Accounts > Export

Step 2: Import into Atlas

  1. Go to Settings > Import in Atlas
  2. Upload CSVs for each entity type
  3. Map FreshBooks columns to Atlas fields
  4. Preview data and resolve conflicts
  5. Confirm the import

Step 3: Set Opening Balances

  1. Choose a cutover date (month-end)
  2. Run a Trial Balance in FreshBooks (if available) or P&L + Balance Sheet
  3. Enter opening balances in Atlas during onboarding
  4. Verify with an Atlas Trial Balance

Step 4: Verify

  • Compare revenue totals between systems
  • Check that all open invoices appear in Atlas
  • Verify outstanding bills match
  • Run a test invoice cycle

10-Minute Setup Checklist

  1. Sign up and create your organization
  2. Run the onboarding wizard — company name, country, industry
  3. Chart of Accounts — pick a template (Atlas offers 16 templates)
  4. Opening balances — enter as of your cutover date
  5. Import clients — upload your FreshBooks client export as Customers
  6. Import open invoices — bring over unpaid invoices
  7. Add bank accounts — set up for reconciliation
  8. Import expenses as bills — convert FreshBooks expenses to Atlas bills
  9. Invite your team — assign roles
  10. Run P&L — compare against FreshBooks for validation

Feature Comparison

FeatureFreshBooksAtlas
InvoicingCore strengthFull invoicing + recurring + credit notes
Double-entry bookkeepingSimplifiedFull (JEs, GL, TB)
Chart of AccountsBasicHierarchical, templated, importable
Bills & APBasicFull AP with POs, approvals, aging
Bank reconciliationYesYes + AI auto-matching
AI categorizationBasic4-tier with confidence scoring
Multi-companySeparate accountsMultiple per organization
Consolidated reportingNoYes (BS, P&L, CF, TB)
UsersPlan-gatedUnlimited
PayrollNo (US add-on via Gusto)Built-in (5 countries)
Multi-currencyPer-client150+ currencies
FX revaluationNoYes
InventoryNoYes (3 costing methods)
Fixed assetsNoYes (3 depreciation methods)
Projects / time trackingYes (core strength)Yes
BudgetsNoYes + variance analysis
Approval workflowsSimple rolesMulti-step with conditions
Audit trailLimitedField-level, unlimited retention
Tax complianceUS/CA basicUS, UK, CA, AU, EU, PK
APIJSON APIREST (~485 endpoints)
Mobile appYes (strong)Responsive web (native planned)
Proposals / EstimatesYesComing soon

FAQ

Q: FreshBooks was simple. Is Atlas too complex for my business? A: Atlas has a clean, modern interface with progressive disclosure — you see what you need. Simple tasks (invoicing, expenses, bank reconciliation) work just like FreshBooks. Advanced features (consolidation, payroll, fixed assets) are there when you need them. The command palette (Cmd+K) lets you jump to anything instantly.

Q: Where do I log expenses? A: In Atlas, direct expenses are recorded as Bills (for vendor purchases) or Journal Entries (for direct expense booking). For receipt-based expenses, attach the receipt to the bill or transaction.

Q: I use FreshBooks for time tracking. Does Atlas have it? A: Yes. Atlas includes Projects with built-in Time Tracking for billable and non-billable hours, plus project profitability reporting.

Q: What about FreshBooks' late payment reminders? A: Atlas has a Dunning system — automated collection workflows with escalation for overdue invoices. More powerful than FreshBooks' basic reminders.

Q: Can my accountant still access my books? A: Yes. Invite them via Settings > Organization > Users with the Accountant role. They get access to journal entries, period close, reports, and audit trail.

Q: I'm a freelancer. Is Atlas overkill? A: Atlas works well for freelancers who need real accounting (not just invoicing). If you need a P&L, Balance Sheet, or multi-currency support, Atlas provides that with a clean interface. If you only need to send invoices and track payments, FreshBooks may be simpler.


See also: Migration Checklist | QuickBooks Guide | All Guides