FreshBooks is Planet Earth’s leading online invoicing and bookkeeping service for small businesses.
Their mission is to deliver fast and simple invoicing and time tracking services that help you manage your business. They call these Unaccounting services and they will:

• Save you time
• Be easy to use
• Make you look professional (think Fortune 500)
• Let you manage your books without an accountant
• Secure, encrypt, and back up your data
• Be available 24/7 from anywhere with any computer

We’re using FreshBooks right now, to handle our expenses and invoicing for WordCamp Toronto 2011!