I recently started using Freeagent accounting software and I have to say – I am loving it! (my Freeagent Discount Code is:’3x61w2zx‘)
It really is completely stress-free and a joy to use. I have to say I was sceptical at first, but after trying it free for 30 days I could immediately see how it could turn my ‘day’ on accounts into just a few hours, if not minutes. Add to the fact you can upload bank statements, explain transactions and it learns what each one is, so next time you upload a statement it will already know what most things are!
No more fiddling with spreadsheets (though you can export everything as excel files) and you can also set your accountant up with login details so they can look at your accounts at the same time you are!
Oh and did I mention – it calculates your VAT return automatically based on all the transactions in your system? I calculate that this will save me at least 4 hours a week and 1 day a quarter doing VAT returns.
And to prove it:
FreeAgent voted Best Small Business Accounting Application!
FreeAgent has recently been voted Best SME Accounting Software in the 2010 Software Satisfaction Awards. Voted by small business customers, the award was decided on overall customer satisfaction levels.
To get your 10% discount and get a 30 day free trial so you can see how good it is for yourself, visit the Freeagent site here.
I officially love Freeagent!
UPDATE NO 1: 6th May 2011: Well I’ve been using FreeAgent for a month now and it is just brilliant – I can honestly say I am really enjoying doing my accounts – which I am pretty sure is an oxymoron! 😀
UPDATE NO 2: 3rd June 2011: Just completed my first VAT return on FreeAgent in less than 2 hours (it only took this long as I was triple checking everything). Not one problem and I expect my next VAT return to take 30 mins. It honestly used to take approx 4-6 hours. Wow.
UPDATE NO 3: August 2011. Forgot to update this recently when I had to contact FreeAgent with a few quick queries. I spent a while on the phone chatting to their brilliant staff who talked me through putting my old accounts into FreeAgent ready for next year. Frankly they were amazingly patient with me and actually helped me to understand my accounts better than before. Still thrilled I found FreeAgent. I wish all companies could care this much.
UPDATE NO 4: October 2012. Still loving Freeagent. Loving it so much in fact that I have moved accountants to a new team who understand how it works, and how simple it is for me. VAT returns are quicker than they have ever been and my tax liabilities (although only a rough estimate) are giving me an idea of my tax liability for this year already.
UPDATE NO 5: February 2013. Freeagent just added automatic bank feeds to pull statements into the software automatically. Frustratingly my bank is not on the list yet. Eagerly waiting!
UPDATE NO 6: September 2013. Freeagent just added automatic bank feeds for my business bank account – yay! Still loving using it!
UPDATE NO 7: September 2015. Had a minor query recently. Called their freephone support number, call answered promptly. Spoke to a member of their team who asked me to email the details of my query to her, which I did. Received a full reply later that same day explaining exactly what I needed to know. Thrilled.
UPDATE NO 8: July 2016. Still loving Freeagent. Had to contact them about linking my Paypal account to my freeagent account – as usual – all queries answered quickly and the whole problem sorted in less than a few hours. Brilliant stuff.