FreeAgent is a streamlined money management tool for busy freelancers. It takes care of your money, letting you get on with running your business.

This one was flagged to me today as I continue to explore options on managing your finances and billing as a freelancer. While I’m quite content continuing with FreshBooks, a service I’ve spoken about in the past, it is always good to keep the options open.

FreeAgent Central will certainly be of more assistance to those based in the UK as the online software caters for

• UK VAT Returns
• UK Balance Sheets
• UK Corporation Tax (if you’re in company mode)
• UK Income Tax

Having gone through the tax and accounts cycle in recent months, I can tell you that every little bit of assistance helps when it comes to working out your taxes for the year!

As an accounting solution, FreeAgent keeps track of the money coming in and going out. You get access to an invoice timeline, account statements, time tracking on projects, out of pocket expenses and more. You can also create a log in for your accountant to enable them organise information needed when it comes to filing for your end of year accounts.

There are a few price plans, the first available being US$20 per month for a universal account (the UK accounts have different settings when it comes to tax etc.) but your first 30 days are free. If, like me, you’re continuing to explore options on managing the finance end of your freelancing business, then give FreeAgent a look.

You’re not tied into any contracts either so if you decide to cancel after a month, or two months, you’ll only pay for what you’ve used.

If you’re already a FreeAgent user, I’d love to hear your thoughts. Leave a comment below or feel free to drop me an email.

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