FreeAgent

By: FreeAgent Central Ltd

FreeAgent is a web-based and mobile-friendly bookkeeping software designed for freelancers and small businesses. It features all-in-one dashboard, professional estimates, good-looking invoice, simple expense tracking, better project visibility, time tracking, bank account linking, automated accounting, and configurable sales tax. It offers one universal monthly pricing option, which gives you full unlimited features and award-winning support.

Top Ten FreeAgent alternatives are (1) QuickBooks (2) FreshBooks (3) And.co (4) Xero (5) Sage 50 (6) Account Edge (7) Express Accounts (8) KashFlow (9) Wave and (10) Sage Business Cloud Accounting

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15 Alternatives

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FreeAgent

15 Alternatives

Top FreeAgent Alternatives

FreeAgent Quick Info

FreeAgent is one of those many freemium accounting tools founded in 2007, Edinburg, UK. The product was formed out of casual interaction between three friends who wanted to deal with bookkeeping stuff. It was acquired in 2018 by the Royal Bank of Scotland.

The idea is to provide the product free of charge to its customers worldwide. It offers many sophisticated accounting tools, even though most of its services are free. As of now, there is a 30-day test version, followed by a $24/month regular price. Before that, in 2017, FreeAgent aimed to offer its services to the customers for free.

A Quick Look into the FreeAgent Features

FreeAgent has integrated most of the features of accounting software long before. With the increasing pace of new customers, it is upgrading its services and is now available as a separate version for UK, USA, and global. The main features in it are for small businesses and accountants. It can be operated via Desktop, iOS, and Android, the first of those being Estimates and Invoices.

It even keeps records of most receipts, and then tracks all the expenses accordingly. Time Tracking is yet another top feature in it that provides in-built stopwatch or tracking timesheets. The main Dashboard in FreeAgent offers graphical info on incoming and outcoming cashflows, timelines for invoices, estimates, projects, etc. It can be linked to the banking account to gather all the banking data.

If these accounts are connected to any business, it can reveal the data on net profit or loss, along with full distributable reserves. Overall, it covers most of the financial details of your account. The Project Feature can be used to track billing, estimates, and invoices for an assigned project.

The Reports generated here are of top quality and includes detailed stats as in bookkeeping and accounting. They also run a partner program with additional benefits like practice panel, cross-client reporting, bulk payrolls, etc. Also, support options are quite responsive to customers.

Conclusion

Overall, FreeAgent is one of the classic accounting tools that even offers its services for free. The products are best for small businesses, common tasks, and personal accounting needs. It offers support for integrations like Stripe, PayPal, Slips, Zapier, etc.

Top Features

General
  • Flexible Timesheet Reporting
  • Tracking Time
  • Better Project Visibility
  • Clear Project Profitability
  • Configurable Sales Taxes
  • Sales Tax Reports
Dashboard
  • Cashflow at a Glance
  • Invoice Timeline
  • Live Profit and Loss
Estimates
  • Sending Professional Estimates
  • Multi Currency
  • Multi Languages
Invoicing
  • Invoice Templates
  • Company Branding
  • Sending Invoices
Expenses
  • Simple Expenses Tracking
  • Employee Expenses
  • Uploading Receipts
Bank
  • Linking Bank Account
  • Explaining Transaction
  • Understandable Cashflow
Accounting
  • Hands-free Accounting
  • Generated Financial Reports
  • Accountant-friendly

Company Information

Company Name: FreeAgent Central Ltd

Founded In: September 2007

Address: One Edinburgh Quay 133 Fountainbridge, Edinburgh, Midlothian, UK

Facebook ID: freeagentapp

Twitter ID: freeagent

Specifications

Ideal For
  • Individual
  • Startup
  • Small Business
Platform Support
  • Mac
  • Windows
  • Linux
  • Web
Pricing Model
  • Free Trial
  • Monthly Subscription
  • Yearly Subscription