FreeAgent

Avantages

Easy to learn: I could start from recording basic expenses to manage my bills and invoices.

Inconvénients

Not sure. I found harder to understand reports and some initial set-ups because I don't have a background in accounting, but it all made sense whith the help of customer support and later my accountant.

Alternatives envisagées 

Pourquoi choisir FreeAgent 

Pourquoi passer à FreeAgent

Avantages

Perfect for freelancers and small teams, FreeAgent includes all the aspects needed to control accounts, create / send invoices and keep an eye on projects. Highly recommended for any solo practitioners.

Inconvénients

If you plan to grow and scale your team, it can be a bit limiting, however it is still a great tool for smaller teams and individuals.

Avantages

FreeAgent is more advanced than my previous service provider, Freshbooks. It allows me to handle the split between personal/business bank accounts and their expenses better and even submits my tax return to HMRC for me. The few times I've contacted their support, they have responded quickly, actually understood what I've asked and provided a detailed response, specific to my issue.

Inconvénients

As a sole trader working on various contracts for 7.5 hours per day, I need to be able to track my time and bill my clients based on it. This is the only area where I found Freshbooks to have the edge—it provided a daily timeline where I could click on my start time, enter the duration, client and project and track my time visually. This meant that I could tell at a glance where there were gaps in my day and correct them accordingly.

FreeAgent allows me to add Timeslip entries, however it can get confusing quite quickly as there is no start time and no visual timeline. I have to rely on the running total of hours shown per day and try to work out the amount of hours to submit per task. So the interface isn't as intuitive as I would like, but the wealth of other extra features I have access to with FreeAgent does go some way to making up for it.

FreeAgent does also work out at around double the monthly subscription price of Freshbooks, which isn't ideal in my circumstances, but I do feel I am getting a better all-round product for the money.

Avantages

Having switched from Xero, which I used for a decade, I was pleasantly surprised by how easy it is to use FreeAgent. I would say the user interface and functionality are more intuitive than Xero. The best thing is, the software is free if you have a business account with NatWest or Mettle.

Inconvénients

It isn't able to split the actual income and fees when reconciling Stripe transactions. I use the DoubleAgent plug-in as a workaround.

Alternatives envisagées 

Pourquoi choisir FreeAgent 

Logiciel antérieur 

Avantages

British-owned, everything you need to get going for a small business with lots of additional features

Inconvénients

Weirdly, I find the expense reporting a bit tricky to set up

Avantages

* Auto integration with banking API feeds
* Intelligent learning for your regular banking transactions
* Templates for sending invoices etc
* VAT & SA form integration with HMRC

Inconvénients

* Slightly clunky UI for viewing recent expenses
* Inability to remove user's who have left the business

Avantages

It's amazing accounting software and it's cheap as well. It does all for you, you don't have to have some great knowledge for it to use. I love it.

Inconvénients

I don't have anything negative to say about it.

Avantages

Syncing with your bank accounts allows you to keep track of expenses, income and bills really easily. There is good help in the support section and it is good to be able to get some automated analysis of the figures too.

Inconvénients

The time tracking feature is not very flexible and has caused me issues, I am using a different software to track time now. The design also is quite accountant-oriented

Avantages

The deal they have with banking corporations enables you to access their service free of charge and provide great ways to link services and provide an accurate representation of profits and loss.

Inconvénients

Its not Simple enough for beginners, but it take time to learn that's why they say it's helpful to have an accountant but other than that there's nothing negative to say