Released on = November 27, 2006, 1:04 pm

Press Release Author = Brian Solis

Industry = Internet & Online

Press Release Summary = FreshBooks Announces Highly Anticipated Account Credits
Service for its Online Invoicing and Time Tracking Software

Press Release Body = TORONTO, Nov. 27, 2006 - FreshBooks, which recently surpassed
100,000 "happy" business users since its initial release in 2004, announced the
release of version 3.6 with account credits capabilities.

FreshBooks is a painless online invoicing and time tracking service designed for
small businesses and independent professionals that makes them look "Fortune 500"
professional. Packages range from free to $39 per month.

FreshBooks changes the way businesses manage their books, saving them time,
improving their cash flow, enhancing client communications and streamlining their
business processes. Customers include web designers, graphic artists, consultants,
and service and home-based businesses.

With account credits, businesses can now allow their customers to pre-pay for
services and track how much credit each customer has available at any time -
eliminating the need to maintain manual records. Credits also enable businesses to
automatically track account balances to quickly get an accurate snapshot at any
moment. Businesses can also reward customers by adding money to their account,
while enjoying a simple and automated service to track status.

"This marks the company\'s 16th release since 2004 and it is our way of continually
improving the service to help our customers save time invoicing, while helping them
also improve their client relationships," said Michael McDerment, FreshBooks CEO.
"Credits also help independent professionals accept pre-payment for their service
contacts, which is a popular trend in consultant business.\"

FreshBooks is browser-based to make invoicing easy, always accessible, and fast; so
much so that businesses are changing their behavior thanks to the service. Before
FreshBooks, businesses used to wait until the end of the month to do their billing,
using a combination of complicated spreadsheets or software-based accounting
software. Using FreshBooks the same businesses bill their clients as they complete
projects - allowing them to get paid faster.

John Lasiter of Qfolio.com reports, \"For us, it's much easier to create invoices. I
found I used to put off creating invoices at the end of jobs, but now it's easy so I
do it right away.\"

FreshBooks Features
- Easily create, send and manage invoices
- Track time (for one person or the entire staff)
- Send invoices by email or US Post Service
- Accept payment with PayPal, Authorize.Net, & more
- Automatically send invoices & late payment notices
- Create robust reports and import/export your data
- Customize with corporate branding

Links:
FreshBooks - www.freshbooks.com
Screenshots - http://www.freshbooks.com/tour.php
Video Tour - http://www.freshbooks.com/video2/
FreshBooks Blog - www.freshbooks.com/blog/
SMB Tele-seminars - www.freshbooks.com/teleseminars.php

About FreshBooks
Based in Toronto, Ontario, Canada, FreshBooks, formerly 2ndSite, was introduced on
May 1st 2004 and has released 16 new versions since then.

Aside from providing painless online time tracking and billing services, FreshBooks
also helps small businesses by driving community-based initiatives such as weekly
tele-seminars, daily web log stories with helpful information, and an active,
user-driven forum. The company can be reached at 866-303-6061 or
info[at]freshbooks.com.

# # #

Contact:
Brian Solis
FutureWorks PR
brian@future-works.com
408-428-0895 Ext. 101




Web Site = http://www.freshbooks.com

Contact Details = Contact:
Brian Solis
FutureWorks PR
brian@future-works.com
408-428-0895 Ext. 101