What’s New in FreshBooks: Deeper Financial Reports, Flexible Payments, and Payroll on Your Terms

Your mid-year update is here! From reports you can actually drill into, to payroll that handles itself on schedule, the first half of 2026 brings updates designed to save you time, move money faster, and give you a clearer picture of your business.

Dig deeper into your financial reports

The Profit and Loss, Balance Sheet, General Ledger, and Revenue by Client reports have all been rebuilt. You can now drill down from summary views straight to transaction-level details, customize layouts and calculations, and toggle between summary and detailed views, making it easier to spot trends, dig into the numbers, and collaborate with your accountant.

Import hours from time tracking straight into payroll (U.S.)

If you use FreshBooks Time Tracking for hourly employees, those hours now flow directly into payroll with just a couple of clicks. No more manually typing in hours, converting to decimal format, or second-guessing whether the numbers match.

Learn more about running Payroll with FreshBooks.

Run off-cycle payroll whenever you need to (U.S.)

Need to issue a bonus, correct an error, or process a one-off payment outside of your regular schedule? You can now run off-cycle payrolls directly in FreshBooks – no need to contact support. Now you have full control to handle corrections, bonuses, and one-time payments on your own timeline.

More reliable bank connections for EU customers

EU bank connections now run on Plaid: a faster, more reliable infrastructure. If your bank connection drops, you can now relink it to your existing account, preserving your transaction history and reducing the risk of bookkeeping errors.

See your profit and loss at a glance on your dashboard

The updated Profit and Loss Dashboard chart now shows revenue and expense trends over time, not just static totals. It aligns with the updated accounting reports, so when you click through, the numbers match. This widget replaces the previous Total Profit and Revenue and Expense charts (which you can still add back if you prefer).

Buy Now, Pay Later is now available with Afterpay (U.S. and Canada)

Buy Now, Pay Later (BNPL)now supports Afterpay alongside Affirm, giving your clients a second pay-over-time option at checkout. Afterpay offers 4 interest-free biweekly installments or monthly plans up to 24 months on USD invoices. Affirm remains available for both CAD and USD invoices. We launched BNPL to help you win business from customers who may not otherwise be able to afford your expertise. You get paid upfront, while your customers pay over time.

Access capital right where you run your business (U.S. and U.K.)

Eligible customers can now explore financing options directly inside FreshBooks. Because your invoices, expenses, and financial history are already there, pre-qualifying is faster—with less paperwork and fewer steps.

Learn more about business financing in FreshBooks.

Get personalized recommendations based on your business structure

A new Business Structure dropdown is now available in Settings under Tax and Financial Information. Selecting your structure (sole proprietorship, LLC, S-Corp, C-Corp, and others) helps FreshBooks tailor your experience to your business type.

Try FreshBooks (if you haven't already)

Whether you're digging into reports, automating payroll, or giving clients more flexible ways to pay, these updates are built to save you time and keep your finances clear. Log in to explore what's new, or sign up to see how FreshBooks can simplify running your business.