Automated accounting and bookkeeping

FreeAgent’s automated accounting and bookkeeping system builds your accounts in the background while you get on with your work.

Auto-populated accounts

FreeAgent automatically builds real-time business accounts from the bank statements, invoices and expenses that you enter throughout the year. You just take care of the daily admin and FreeAgent handles the rest.

The invoice timeline in FreeAgent

Financial reports generated for you

When you want to dig into your business’s accounts in more detail, FreeAgent provides a comprehensive set of reports including:

  • Profit and Loss
  • Balance Sheet
  • Trial Balance
  • Aged Debtors and Creditors reports
  • Dividend reports and printable dividend vouchers

Set tasks to automate and let FreeAgent do the work

Save time by letting FreeAgent take care of repetitive admin tasks. Set recurring invoices that chase late payers for you, turn estimates into invoices in an instant and even get your Self Assessment tax return populated as you go about your daily business.

Accountants and bookkeepers love FreeAgent too

Working with an accountant or bookkeeper? Give them access to your FreeAgent account and they’ll be able to review your data and give you up-to-date, relevant advice.

With accounts payable and receivable automation baked in, FreeAgent’s accounting software introduces a new way of working that benefits both you and your accountant or bookkeeper.

Update your accounts on the go with the FreeAgent mobile app

The FreeAgent mobile app on iOS and Android makes it quick and easy to update your accounts whenever you have a spare moment. Log expenses as they happen, record mileage at the end of every journey, reconcile your latest bank transactions and more.

With your accounts up to date, you’ll get the most out of FreeAgent’s powerful automation features.

Here's the nitty-gritty about accounting automation with FreeAgent:

  • Powerful double-entry accounting system
  • Flexible reports including: Profit & Loss, Balance Sheet, Trial Balance, Capital Assets, Aged Debtors and Creditors
  • Keep financial records up to date with accounts payable and receivable automation
  • View and print out dividend vouchers for your business
  • Journal entry support for power users and accountants with custom reports that allow you to dig deeper into your sales and expenditure
  • Comprehensive transactions view for all of your accounts

Start automating your accounts with our 30-day free trial

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