FreeAgent Bookkeeping Software
Business Tax return filing by Certified
CPA / Enrolled Agent
(Starts at $350)
- CPA Firms
- Enrolled Agents
- Bookkeeping Firms
- Tax Practitioners
- Business Owners
- Free Trial for First month Bookkeeping services worth $95
- Get Monthly Financial Statement( Click here )
- Dedicated Accountant with Backup person for each Business
-
Latest Infrastructure with Great IT security
( Virtual Tour to our office )
Bookkeeping with FreeAgent Software
FreeAgent is a leading cloud-based accounting software that was launched in 2007. Since then, its popularity has been consistently growing. As it is cloud-based software, you can easily access it from any browser. Like any other leading accounting software available on the market, FreeAgent comes with mobile apps for Android and iOS devices.
It contains almost all the features that you need from online accounting and bookkeeping software. Some of its key features include sending quotations, payment and invoice reminders, project management, recording expenses, recording mileage, and time tracking. Also, there are three different packages offered, which include an unlimited access package and a package based on usage.
Bookkeeping with FreeAgent
There are over 100,000 small businesses already using FreeAgent bookkeeping software. It is specially designed for small business owners, contractors, and freelancers working in the project-basis or service sectors. It helps them to manage their business invoices, expenses, receipts, and spreadsheets.
You can join your hands with Meru Accounting and leave your accounting and bookkeeping tasks to us. We use FreeAgent to automate many simple bookkeeping tasks and enhance your business performance. All the information is updated in real-time with the cloud, allowing you to spot any errors and fix them. We will provide you with all the financial data and reports you need for better decision-making in your business.
Pricing of FreeAgent
FreeAgent has three different packages available with unlimited usage. You can have multiple users, projects, and clients in the same package at no extra cost. Also, you don’t have to pay for any contract or installation costs. You can easily access your FreeAgent account from anywhere and anytime.
You can also try a 30-day free trial offered by FreeAgent to understand the workings of the platform. If you don’t wish to continue using the software after the trial period, you can cancel it anytime without any cancellation cost.
Key Features and Highlights of FreeAgent
FreeAgent offers many user-friendly interfaces and time-saving features. Setting up an account on the platform is very easy. Once you are done adding your business details, the platform will guide you through the steps of setting up your bank account. You can customize your time zone and date format, and choose the currency along with your sales tax details. After setting up your account, you will get a clear idea of your business performance.
Customization & Automation
You can easily personalize your business logo, email, and invoice templates from the settings menu. Also, you can create a list of your inventory with the price, and invite other users on the platform. You can send a thank you email to your customers after receiving payment by automating it through the software.
Manage Contacts
It has a section called “Contacts” where you can enter the details of your customers and clients to store and manage them. Hence, creating a bill or an invoice becomes easy. You can either add the contacts manually one by one or import them directly through the email list.
Legal Compliance
The templates offered by the platforms have all the information required by HMRC. Hence, your invoices will meet all the legal requirements.
Multi-language and currency support
The platform allows you to create quotations, invoices, and bills in 25 different languages. Also, it supports international transactions by accepting different currencies.
Expense tracking
Record and track all the expenses you incur while running your business. You can also do the same from your phone by accessing your account. Avoid any unrecorded expenses by following bank payments and other extra expenses. You can also set up recurring expenses so that they are automatically recorded.
Integrations
The platform supports eCommerce and other third-party payment options like PayPal, Shopify, Stripe, and GoCardless.
Project Management
After entering all your details, you will be sent to a home screen where you can see your profile, manage invoices, link your bank account, record expenses, and create projects.
Invoicing
There is an invoice timeline that provides you with the most recent invoice status. It displays the status by categorizing them as paid, due, or overdue. Also, it allows your customers to view these invoices online and pay you by using a credit or debit card or PayPal. Easily set default payment periods for different clients and customers to gain insights about their payments.
Generate Quotations
You can easily create quotations and send them to the clients. Also, you can track if they are approved or rejected. You can convert your quotations into bills or invoices after you provide them with the requirements.
Manage Accounts payable
Create and manage bills on the go. Also, you can set repeated bills and add them to the projects you are working on currently.
Inventory/Stock Management
Easily manage your business inventory and keep track of your goods.
Multiple Projects
Manage different needs for different projects all in one place. It includes invoices, quotations, tasks, and expenses. It also allows you to manage budgets, meet project deadlines, and track billable expenses.
FreeAgent Customer Support
FreeAgent has one of the best customer support when it comes to advice and availability of resources. You can easily contact the customer support team using email or phone. Also, there is dedicated support available for small businesses, freelancers, and accountants.
You can easily book a 20-minute call with the FreeAgent support team by visiting the Help section. If ‘Ruby the robot’ is unable to answer your queries, your query will be passed to support them directly.
It also has a dedicated library for training new users with tutorial videos. Hence, connecting your bank account, tracking expenses, and managing projects become easy. They also conduct weekly webinars where you can learn about some of its most popular features.
Pros of using FreeAgent Software
Design:
It is a well-designed platform that makes accounting and bookkeeping simple and easy. Small businesses, freelancers, and people working in the service sector can easily manage their finances on the go. It reduces a lot of accounting paperwork and saves time.
Cloud:
Its cloud-based features help in managing invoices, cash flow, and expenses on the go. You can easily access your account from anywhere and anytime using an internet connection.
Simple and Easy-to-use:
Setting up an account on FreeAgent software is simple. It hardly takes 10 minutes to add your business details. Also, the user interface is well-designed, guiding the users in setting up their profiles. It also teaches you about creating and managing invoices, recording expenses, and managing multiple projects.
Feature-rich:
Customizable invoices, recurring payments, multi-language support, accepting different currencies, time-tracking, tax estimations, upload receipts, etc.
Support:
Dedicated phone and email support. Weekly webinars on its major features along with tutorial videos.
Cons of using FreeAgent Software
Pricing:
One of the main concerning points of FreeAgent software is its pricing. Many businesses may find it quite expensive compared to other similar bookkeeping software in the market. But, it offers many different offers to the new customers where they can get heavy discounts like 50% off.
Limited Plans:
It misses customization of plans as per its features. Hence, you will find the packages very limited. Many businesses don’t prefer using certain features, but they’ll have to pay as those features are included in the selected package.
Lengthy Sign-up process:
You will encounter many questions during your initial sign-up process. Feel free to ask our accounting experts if you have any query related to the process, as they can easily resolve your issue.
Misses some UK terminologies:
The platform is highly targeted at UK businesses but still has many features as per American terminology. Also, the date fields are not as per the UK format.
Bank-related issues:
Most users find frequent issues related to the bank. There are failures, or users may have to wait very long while entering transactions into the bank feed.
But, even after having these cons, FreeAgent has managed to be a prominent accounting and bookkeeping software in the market. As a small business owner, Freelancer, or contractor, you can trust FreeAgent as your bookkeeping platform.
FreeAgent Experts at Meru Accounting
At Meru Accounting, we include FreeAgent as a preferred choice for our clients. With years of experience in accounting and bookkeeping, we offer all the accounting and tax-related services. We house industry experts who are highly proficient in managing your finances using FreeAgent software. By maintaining books for almost every industry around the world, we understand the unique requirements of our clients. Hence, we customize FreeAgent in a way that will provide maximum benefits to our clients.
Are you looking for a trusted partner that will manage your accounting and bookkeeping tasks using FreeAgent? Contact Meru Accounting to get the best out of FreeAgent. Save your time and money by partnering with Meru Accounting for your business now!
