As well as being a strategic partner for Kashflow, we also support a significant number of our clients who use FreeAgent, as a result of them banking with NatWest or Royal Bank of Scotland. The FreeAgent software application was acquired by the Royal Bank of Scotland Group in 2018 and subsequently all NatWest and RBS business banking customers have been able to use it free of charge.
FreeAgent is an award-winning accounting system specifically designed to meet the needs of small businesses and freelancers. It is a great business tool and being freely available it is helping lots of clients make the move to digital record keeping; which has in turn helped them meet the demands of Making Tax Digital, with minimal disruption or cost.
Users say that the intuitive interface and mobile App make it useful for those that switch between office and site on a regular basis and it enables them to remain in control wherever they are. A survey of FreeAgent customers conducted in January 2017* suggested that on average they were saving up to a-day-a-month on administration time, with many also suggesting that they had successfully reinvested this time into winning and delivering more business.
From managing expenses, running a fully RTI-compliant payroll and tracking chargeable time, through to creating and sending professional-looking estimates and invoices, FreeAgent makes staying on top your business admin fast and simple.
Friendly at-a-glance reporting means you can keep track of your cash flow and profitability and use the overview screen to see who owes you money. Managing your tax position through FreeAgent is also a straightforward task as it allows you to file your VAT returns directly to HMRC and then keep track of how much and when tax is due.
Our team of bookkeepers and accountants are experienced in using FreeAgent and can help you get set up and running quickly and easily. If you are an existing RBS or NatWest client and have not yet taken advantage of the option to use FreeAgent, speak to your account team at your bank to find out how you can access your free copy. If you are not an RBS/NatWest client and would like advice on which accounting software is best for your business, or you would like to trial one of the applications we support, please contact a member of the Evans Weir team today.
*Survey of FreeAgent customers conducted for RBS in January 2017 with 366 total respondents.