Do you need advice on FreeAgent accounting software?
FreeAgent is powerful accounting software designed specifically for small businesses, contractors and freelancers. It is a cloud-based solution that offers a range of features to help businesses manage their finances efficiently, including invoicing, expense tracking, time tracking, and project management.
One of the key advantages of FreeAgent is its user-friendly interface, which makes it easy for users to navigate and access important features quickly. The software is designed to be intuitive, with simple workflows that help users manage their finances effectively without any prior accounting knowledge.
FreeAgent also offers a range of automation features that help businesses save time and reduce the risk of errors. For example, users can set up automated reminders for overdue invoices and automatically reconcile bank transactions with accounting records. This automation helps businesses stay on top of their finances and ensures that their accounting records are up-to-date and accurate.
Another advantage of FreeAgent is its powerful reporting capabilities. The software offers a range of reports that provide valuable insights into a business's financial performance, including profit and loss statements, balance sheets, and cash flow statements. Users can customize these reports to meet their specific needs, allowing them to make informed decisions about their finances and identify areas for improvement.
FreeAgent also offers advanced project management features that allow businesses to manage their projects effectively from start to finish. Users can create and track project timelines, set project budgets, and track project expenses, all within the same software. This integration helps businesses keep track of their project finances and ensures that they stay within budget.
FreeAgent was designed for Contractors and IR35, but suits most Small Businesses
FreeAgent started as simple accounting sofware for Freelancers and Contractors and remains a very popular choice with this community. The functionality of FreeAgent caters for all the needs of Contractors and Freelancers and should you need to work within the IR35 legislation then FreeAgent can even calculate your deemed payment.
In addition to its core accounting features, FreeAgent also offers a range of add-ons that can be integrated with the software to extend its functionality. For example, users can add payment processing features, such as PayPal and Stripe, to the software to accept payments directly from invoices. FreeAgent also integrates with popular apps such as Trello, Slack, and Google Calendar, allowing businesses to streamline their workflow and save time.
Compliant with Making Tax Digital (MTD) and suitable for multiple currencies
FreeAgent is very proactive in preparing for Making Tax Digital (MTD) and its developers are constantly upgrading the product to ensure it remains fully compliant with MTD requirements.
One of the unique features of FreeAgent is its support for multiple currencies, making it an ideal tool for businesses that operate internationally. Users can set up multiple bank accounts and track transactions in multiple currencies, helping them to manage their finances more effectively and accurately.
FreeAgent offers a mobile app, plus support and security
A big advantage of FreeAgent is its excellent customer support. Users can access live support via email, phone, or chat, and there is a vast library of articles and tutorials available online. FreeAgent also offers free training courses and webinars, making it easy for users to learn how to use the software effectively, including it's mobie app for invoicing on-the-move.
FreeAgent is known for its excellent security features, which ensure that users' financial data is always safe and secure. The software uses bank-level encryption to protect data, and users can set up two-factor authentication for an extra layer of security. FreeAgent also offers automatic backups of financial data, ensuring that it is always safe and accessible.
Is FreeAgent the right software for me?
Overall, FreeAgent is powerful accounting software that offers a range of features to help businesses manage their finances efficiently. Its user-friendly interface, automation, reporting, and project management features make it an ideal tool for small businesses, contractors and freelancers. Its flexibility, support for multiple currencies, and excellent customer support make it a popular choice for businesses of all sizes. With its robust security features and cloud-based architecture, FreeAgent is a secure and accessible tool for businesses that want to simplify their accounting processes and focus on growing their business.
Sherwin Currid Accountancy are a FreeAgent Platinum Partner, which recognises us not only for our depth of knowledge of the software, but also the number of clients that we help that use the software. We are ideally placed to advise on whether FreeAgent is the right choice for you. Please do not hesitate to get in touch.