| Feature | FIRMA | FreshBooks |
|---|---|---|
| Multi-entity support | 1, up to 5, or unlimited entities by tier | Single entity only |
| Consolidated P&L | Real-time across all entities | Not available |
| Intercompany eliminations | Automated | Not available |
| Invoicing | Full + entity routing | Best-in-class for single entity |
| AI month-end close | AI-assisted | None |
| Setup time | 1-2 hrs with migration support | 30 min for single entity |
The bottom line
FreshBooks is excellent if you run one business and need simple invoicing. FIRMA supports entity-level books across the entities included in your plan; consolidated reporting remains on the roadmap.