What Is FreeAgent?
FreeAgent is an online cloud accounting tool built for freelancers and small business owners to simplify financial management. It combines invoicing, expense tracking, bank feeds, project management, and tax forecasting into a single, unified platform. By streamlining projects, time, and expenses management, the tool gives businesses a clear view of their insights.
The platform comes equipped with features, like automated reminders and mobile accessibility, that eliminate the need to switch between numerous sheets or disconnected tools. This makes finance simple, efficient, and productive for businesses.
What Is FreeAgent Best For?
FreeAgent is best known for its automatic bank feeds. It connects your bank account and imports transactions every day, offering small business owners and freelancers a real-time view of their cash flow. This feature matches payments, tracks expenses, and keeps accounts accurate without manual effort.
FreeAgent Pricing
FreeAgent offers a pricing plan that costs around $27/month, with a 30-day free trial. Contact us for a customized
FreeAgent pricing quote.
FreeAgent Integrations
FreeAgent integrates with numerous third-party tools and applications, including:
- Stripe
- BrightTax
- Capium
- Nomi
- TaxCalc
How Does FreeAgent Work?
Enter your business details, accounting dates, value added tax (VAT) settings, and other information to set up your FreeAgent account, and follow these steps:
- Enter business details, accounting dates, and VAT settings to set up your account
- Add opening balances, including customer debts and supplier dues
- Import bank transactions, contacts, projects, and past records
- Consolidate all financial data in one central dashboard
- Create and send invoices, including recurring ones
- Record bills, track expenses, and log out-of-pocket costs
- Manage projects with tools like Radar and Tax Timeline
- Use the mobile app to track tasks, deadlines, and performance
Who Is FreeAgent For?
FreeAgent is specifically designed for freelancers, small business owners, and their accountants. It caters to various industries and sectors, including:
- Traditional trades
- Professional services
- Service business
- Creative and technology
- Retail and hospitality
- Landlords
Is FreeAgent Right For You?
If your business is buried in spreadsheets, constantly reconciling unpaid invoices, or navigating complex taxes like VAT, goods and services tax (GST), or income tax, FreeAgent could be the ideal solution. The tool brings all your business finances, including cash flow monitoring, invoice generation, and categorizes expenses, in one place. Where supported, it also enables direct tax submissions to relevant authorities, like HMRC.
With interactive dashboards, FreeAgent ensures accurate ledger management, timely compliance, and clear financial visibility. This applies whether you operate a freelance consultancy, run an e-commerce platform, or manage a scaling service-based business. The tool’s excellence has been recognized through multiple awards, including the 2024 LUCA’s Bookkeepers’ Friendliest Software and Best Accounting Software for Contracts by the Contracting Awards.
Still unsure whether FreeAgent is the right choice for your business? Call us at (929) 590-9554 for personalized guidance from one of our experienced software consultants.
