FreeAgent Partner of the Week
Posted on 8th August 2021 at 20:53
As Gold Partners, we continue to support the latest development in a partnership with FreeAgent.
FreeAgent’s online accounting software is specially developed for freelancers, contractors and small business owners. Main features of FreeAgent are:
• Allows you to send recurring invoices automatically
• Offers a choice of beautiful invoice templates
• Hassle-free expense tracking
• Automatic Bank Feeds
• Fully-integrated payroll functions
• A dashboard with tax overview and deadlines
• Mobile App
Great News: Do you know that FreeAgent have launched a new mobile app feature called ‘Capture for later?
This new development allows for an easy receipt management via the FreeAgent Mobile App. You can now capture and store images of receipts or bills in the Files area of your account. Once a receipt is uploaded via the ‘Capture for later’ facility, you can convert the file to an out-of pocket expense. You can find a detailed support article on this here.
Please note that this new feature is designed to only capture receipts for out of pocket expenses (expenses paid outside of your business bank account).
Cloud Accounting Specialists
At Chart Accountancy, we are specialist in cloud-based accounting so we help our clients to set up with FreeAgent. If you are still using a spreadsheet to manage your bookkeeping, please get in touch with us and will be delighted to help you move to the Cloud!
To learn more about our specialist cloud accounting services, you can click below to find out how Chart Accountancy could help your business:
Making Tax Digital for Self Assessment and how FreeAgent can help you stay compliant?
Do you know that from 6 April 2023, Landlords and Self-Employed businesses with turnover above £10,000 will be mandated to use Making Tax Digital compatible software? This will be required to file quarterly updates and a final declaration which will replace the annual Self Assessment Tax Return filing obligation.
You can find more detailed information on the new rules in our Blog Article if you Click Here.
If you have any questions, please get in touch with your usual Chart Accountancy contact or email: [email protected]
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