FreeAgent is an effective and efficient cloud accounting software that we have recently added to our portfolio. We discovered the package back in the summer and since then we’ve tried and tested its features and realised just how useful it is.
Many people have asked “Isn’t it just the same as Xero?” and the answer is “no”, here’s a few reasons why:
- It’s local
FreeAgent is based in Scotland and so by investing in them you are helping to support a UK business. Not only that, but it means you can be assured that there will always be someone not too far away who can help.
- It’s great for projects
Let’s say for a moment that you are a kitchen fitter, each kitchen is a project in itself. There is a whole list of things involved: the client, subcontractor costs, employee’s time, materials etc. The system is configured to manage this. This enables it to be adaptable for a whole host of project based companies. So whether you’re an event planner; architect; website designer or any other project focused business, this could be the tool for you.
- It can help businesses comply with their HMRC responsibilities
We find that companies can sometimes start to panic when it’s time to complete their tax affairs. We aim to always make this process as simple and as fluid as possible. FreeAgent produces up to 90% of of a sole trader’s Tax Return and you can submit the final return directly to HMRC through the software! For Limited Companies, it produces the dividend vouchers and provides a corporation tax prediction. For partnerships, it gives a profit share indication.
- It makes easy work of mileage claims
With FreeAgent you can add your mileage and it will actually calculate the VAT for you (which isn’t a straight forward 20%). You can simply enter in details about your vehicle and the journey made and the software will work out the complicated parts. By using fuel tables and other features it can carefully calculate the VAT accurately and
in line with HMRC guidelines.
- Telephone Support
The friendly support team at FreeAgent are on hand to answer your queries Monday to Friday 9am to 5pm.
These are just some of the exciting features that FreeAgent has to offer. If you would like to learn more then please come and join us for our complimentary Training Day on the 10th February. We have special guests travelling all the way from Scotland to aid you in your training. There will be plenty of opportunities to ask questions and to have a go yourself!