FreeAgent

Avantages

FreeAgent est un logiciel de comptabilité simplifiée, facile à utiliser et très efficace avec des fonctionnalités très avancées.

Inconvénients

C'est un logiciel parfait qui répond aux besoins à tout moment

Avantages

Je dirais simplement que ce logiciel c'est du Génie, c'est du grand!

Inconvénients

Que je n'puis le toucher une fois vu que c'est un logiciel

Avantages

I think FreeAgent does its job well. I've never run into technical faults or found anything I needed to do that it couldn't do. My favorite thing about FreeAgent is that my accountant can access the platform and see everything I can. That makes getting information to my accountants or asking questions incredibly slick.

Inconvénients

I moved to FreeAgent from Xero because it's what my accountant knew how to use. I think Xero has slightly better tech and integrations so I would say I don't find FreeAgent as engaging to use. It's hard to criticize for that though because although it's nice to integrate with other systems, I haven't had any major issues getting information into FreeAgent as required.

Avantages

The best thing about FreeAgent is the dashboard view. From here I can see at a glance how my business is running, with clear visuals giving trends over time for cashflow, invoicing timeline, bank balances, expenses, bills, profit and loss and tax.

Inconvénients

When entering an expense (not using smart capture) it is really easy to put the wrong date in.

Alternatives envisagées 

Pourquoi passer à FreeAgent

Avantages

Ease of use. It is a user friendly software.

Inconvénients

The report quality could have been better. The format used in reports could be improved.

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

Freeagent has a great invoice design. I like the fact that for a small business - you can get this software and an online bank account at a very reasonable price. I've used the accounts filing option - and it worked. I was delighted and it has saved me so much time!

Inconvénients

Sometimes, I just think its a bit clunky and could be smoother. It does things I don't like e.g. when a sum is received in and is paying 2 invoices - I don't like the way it split payments. I think the chart of accounts could just be a little bit more user friendly, but for a sole trader, if your books are simple - it does the job nicely.

Avantages

Freeagent covers all my needs. I'm no accountant or don't have a big business so maybe it's missing some features, but for me it's great. (For transparency I get it for free as I'm with Natwest). Being able to use this on my phone or desktop is great. It picks up all of my Natwest transactions and automatically categorises them into different types of expenses or income (ie advertising, Web hosting, office equipment...) and applies standard VAT and adds a description. You just have to go through the list and approve them to make sure its filled in properly (which most are correct).

Inconvénients

Again for me it does meet all of my needs. I suppose one thing I didn't quite understand as it uses many accounting terminologies, however they do have a breakdown of what certain things mean, it just means having to read up on it.

Alternatives envisagées 

Pourquoi passer à FreeAgent

Avantages

The best thing about FreeAgent is that you can get it for free if you use their offer to set up and use "Mettle" bank account. Also, their menu is perfectly minimalistic to make it fully functioning for our purposes and not making it overwhelming to use.

Inconvénients

Bank reconciliation lacks automation. There is "guess" rules function but you can't modify how it works and it often makes mistakes.

Alternatives envisagées 

Pourquoi passer à FreeAgent

Avantages

I've used FreeAgent for years and always found it to be a solid and reliable accounting product. It handles everything, from sending invoices to clients, to reconciling payments, to helping with taxes.

Inconvénients

It could be better at reconciling bank transactions and uploading the same receipts every month could be easier. It's a lot of manual labour.

Alternatives envisagées 

Pourquoi passer à FreeAgent

Avantages

FreeAgent is so easy to use. The customer support is fantastic. FreeAgent integrates with your bank accounts (bank feed), so you always have an accurate picture of your finances. NatWest Bank owns FreeAgent, so you know there is a good name behind it.

Inconvénients

In the cash flow projection, one field resets itself, but they have taken that onboard and will tweak the code.

Avantages

I really found this software useful when setting up my first business

Inconvénients

It was limited with regard managing jobs and scheduling

Avantages

It basically does all the required accounting without having to pay for an accountant to do it for you. The biggest benefit when it comes to tracking business tax and completing a tax return as it pretty much does it all for you.

Inconvénients

Sometimes it's tricky to work out how something works and you have to go and get help from customer support, but this may be more user incompetence than anything wrong with the software!

Alternatives envisagées 

Pourquoi choisir FreeAgent 

Pourquoi passer à FreeAgent

Avantages

Very easy to onboard clients; Linking bank accounts through open banking is straightforward and facility works well; Simple user interface makes it easy for novices to use; Very good customer support; Can be had for free of you use and RBS group bank account including Mettle; On the go invoicing is nice for some business as well as the expense logger

Inconvénients

Not as flexible as some accounting packages; a few of the facilities are still a work in progress and you need to do a workaround

Alternatives envisagées 

Logiciel antérieur 

Pourquoi passer à FreeAgent

Avantages

I have been using FreeAgent since I registered my company. It handles all my accounting needs. Saves me so much time.

Inconvénients

Categorisation of expenses can be improved. It works so far but wish they had simpler naming.

Avantages

The customer service is one of the best in the industry and a great user interface.

Inconvénients

Lack of features such as reports and 3rd party integrations

Avantages

It's very intuitive and has amazing support and training for us and our clients. We use this software for our smaller sole traders who find it really easy to use. We do most of the setup and they basically just invoice their clients using the mobile app :)

Inconvénients

Integrations are pretty non existent for a lot of apps. For example merging eBay or most till sales with FreeAgent can be quite difficult however this is overcome by using Zapier

Avantages

I no longer have to nominate which computer is the one that the accounts is on.
I can open a web browser on the PC in my home office and enter my hours, mileage, upload photos of receipts, automatially let it reconcile the bank and credit card statements, and let it get on with doing the calcuations.
I no longer have to set aside a weekend each month for doing invoices and expenses.
or the last weekend of each quarter for doing the VAT return
or various days of the last month of each financial year for doing the annual return.

Inconvénients

Now that the company has made enough money to be able to purchase three cars, it would be nice if the mileage drop down had options for company owned vehicles and the AFR mileage rates, but it only has AMAP rates for personally owned bike, motorcycle or car.

Avantages

I hate taxes and book keeping work. Using just common sense, you can immediately do 90% of tasks within FreeAgent, quickly and easily. FreeAgent staff are on standby to help you with the other 10%. It's fantastic.

Inconvénients

Some of the features are not intuitive, and take a bit of practice to get right. The one time I have had to use a work around is the system does not have a function allowing you to remove partner drawings directly from a foreign currency PayPal account. Hardly a deal-breaker.

Avantages

We use it where I work as a way to track work hours. Usage is pretty simple and the features are sufficient. If you need to track time precisely, there's a nice start/stop function, and if you don't, there are means to insert a whole week in a row. If you're a developer, you'll appreciate the APIs that allow building customized reports for accounting.

Inconvénients

If you don't need precise time tracking, but need to split hours on different activities, data entering becomes pretty slow. You can generate monthly reports to check what to expect from the paycheck, but checking if you made mistakes in the data entry is as difficult as it is entering it.

Avantages

Great customer support- all from trained accountants in the UK that are able to walk you through any problems you might encounter when doing you tax and vat returns

Inconvénients

None- inpeciable and consistent service at all times.

Avantages

Pros: ability to photograph receipts and store them within expenses
All the main categories of expenses are there
Links to your business bank account

Inconvénients

Con: One major drawback is that you can't print out a consolidated tax return before or after filing. For sole traders a tax return is often the only way to prove income when applying for loans, etc, and HMRC doesn't offer this service either.

Avantages

Integrates with my bank accounts and PayPal.
Does bookkeeping without me having to know how to do bookkeeping.
Great referral program!
Good support when I've needed it.

Inconvénients

Reports and accounts set up is skewed to the UK market (my American CPA is used to seeing certain things set out differently).
Bank feeds can be slow to update.

Avantages

FreeAgent has enabled me to free up so much of my time because i can schedule and manage invoices individually or on repeat. Also helps when preparing tax and vat returns.

Inconvénients

The function to connect credit card accounts does not always work that well but i think we have cracked it.

Avantages

A great product which is very easy to use. I like the fact that it learns from previous accounting entry explanations to offer good suggestions.

Inconvénients

I wish I could use it with more than one business to lower the cost of paying twice.