FreeAgent

Overview

FreeAgent is cloud-based accounting software designed for small businesses, freelancers, and their accountants. It handles invoicing, expense tracking, banking, project management, sales tax, and payroll. The platform supports HMRC Making Tax Digital requirements and enables accountant collaboration.

Key Features

• Invoicing - Create and manage invoices for customers.
• Expense Tracking - Upload receipts via mobile app and record expenses.
• Banking Integration - Connect business and personal bank accounts for reconciliation.
• Tax Management - Handle sales tax and submit HMRC filings for Making Tax Digital.
• Payroll - Set up payroll profiles for employees.
• Project Management - Track projects and associated income/expenses.
• Customer Reporting - Generate top customers and sales reports from invoice data.
• User Permissions - Add users and manage permission rules for accountants.

Pricing

Platforms & Requirements

FreeAgent runs as a web application accessible via browser and has a companion iOS mobile app for expense capture and on-the-go access. No desktop apps for macOS, Windows, or Android mentioned. Minimum requirements align with standard web and iOS compatibility.

Integrations & Ecosystem

• Bank feeds
• HMRC for MTD Income Tax
• Make.com for automation
• Rutter API
• FreeAgent Developer API
• Payroll processing

Alternatives

Reputation

FreeAgent is recognized for UK-specific features like HMRC MTD compliance and ease for freelancers/small businesses. Strengths include mobile expense tracking and accountant collaboration tools. Criticisms may involve pricing opacity without listed plans and limited platform options beyond web/iOS.