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Why you should turn to FreeAgent for all your bookkeeping and accountancy needs

Here at Nimble Jack Accounting, we use the best online software FreeAgent, combined with a personal approach to help small businesses, contractors and freelancers with their finances.

impartial advice on contracting

Using spreadsheeting systems like Excel can be time-consuming, boring and not practical in the long run. Having paper-based accounting systems exposes you to the risk of classified data falling into the wrong hands.

But hey! You may still think the old fashioned way of accounting is best. So here’s why we can guarantee online accounting is better:

FreeAgent can save you so much time. You can synchronise your bank accountants into the system so that you can manage your cash flow in easy and quick time. FreeAgent also takes away a lot of manual input by automatically sending reoccurring invoices, generating payslips, creating P60s for your staff and calculating profits and loses. Invoices also take less than 60 seconds to complete, so you have more time to focus on generating your income and running your business.

Entering data manually into spreadsheets can make you prone to error. FreeAgent is much more reliable. You can simply match your bank transactions with your stored data on the system to ensure everything is spot on.

Another cool feature to FreeAgent is that it allows customers to pay you faster online. When sending invoices you can include a PayPal, GoCardless or Stripe link, so the receiver can pay you straight away.

The software also helps to keep you on top of your tax. With it’s handy tax planning system, you can know exactly what dates your tax is due and exactly how much you need to pay. FreeAgent can even automatically generate VAT returns and send them directly online to HMRC so you never have to worry about missing a deadline again.

With the software you have a full history of customer transactions and data. So if you sell several items, FreeAgent can set up a price list of commonly sold items to quickly build up future invoices. Facts and figures on hand can help you to run your business more smoothly and accordingly.

You can handle your finances on the go with the FreeAgent app. All you need to do is find the app on Google Play or the App Store and download it to your smartphone. This way you have all your financial dealings at the tip of your fingers. Keeping track of your cash flow takes just a few simple taps.

If you want to know how FreeAgent can help you, simply call us on: 020 7969 2793.

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About Hardeep Mangat

Hardeep is a down to earth accountant, who loves helping contractors, freelancers and small businesses save tax and make more profit. He also has a particular interest in IR35 . Hardeep attended University College London and is a Chartered Certified Accountant, who previously worked for Credit Suisse Investment bank and at a local accountancy practice.

Hardeep on Linkedin and Google+

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