Introducing FreeAgent – the online accounting portal that’s Aardvark tried, tested and approved!
Here at Aardvark we’re really proud to include FreeAgent in both our Limited Company and Sole Trader monthly packages, as, in our professional opinion, it’s the best online accounting software out there! So if you’re new to running your own company or switching across to us and wondering what it’s all about, read-on to find out more.
What is accountancy software, and why should you use it?
Times have changed and moved on since the days of sharing your spreadsheet with your accountant, and thank goodness for that! With online accountancy software you’re able to upload your information, meaning what you see is 100% up-to-date, and your accountant is also able to see the same information as you allowing you to work collaboratively and in real-time.
Why FreeAgent?
FreeAgent is award-winning accountancy software, that’s based in the UK. Designed specifically to help small businesses stay ahead of their financial responsibilities and work seamlessly with their chosen accountant.
With FreeAgent you’re able to:
- Set up automatic bank feeds and utilise the ‘guess transaction’ feature to make allocating the transactions seamless
- Store your accounting records in the cloud, with unlimited storage
- Prepare and automate invoices to your clients and keep track of your expenses
- Stay on top of tax deadlines/submissions and integrate this with your own calendar outside of FreeAgent
What features make FreeAgent unique?
Daily admin – send invoices, capture and record bills and receipts, and reconcile your bank transactions in seconds.
Tax management – enjoy real-time tax information, including how much you owe and when it’s time to file for both the company and you personally.
Integrations – you are able to connect FreeAgent with a number of other platforms such as Paypal, Stripe, GoCardless, Shopify and Goodtill, plus many more!
The FreeAgent mobile app – your finances at your fingertips
On your way to a meeting and need to check your finances on the go? No problem! Manage your finances anywhere any time, with FreeAgent’s mobile app. Giving you the freedom to manage your accounts on the go, from any device and with a clear view of your business’ cash flow, bank balances and much more, you can be anywhere in the world and still know exactly where your finances are. You’re also able to connect import bank transactions automatically.
The app allows you to:
- Take photos of your receipts and create expenses
- Manage and send your invoices to clients
- Track your time spent on contracts and jobs on your phone, to help create your
- timeslips
Once you’ve set up your bank feed, your transactions will automatically appear in your FreeAgent account. It’s the perfect solution for any business owner!
Still need convincing that FreeAgent is the right online accounting portal software provider for you?
Take a look at our video we created with FreeAgent, that explains in more detail how FreeAgent allows us as your trusted accountant to spend more time on getting to know your needs on a personal and professional level, and give you a more tailored experience. Got questions about FreeAgent? Get in touch! We’re always here to help and offer support on all your tax and accounting questions.
Note: All the information and advice in this blog post was correct at the time of writing.