Accounting Power vs. FreeAgent

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.

Incentivized

For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.

• Simple layout
• Logical menu and format
• Flexibility in designing reports
• Department/location accounting

Incentivized

• Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
• Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
• Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
• Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.

• CPA firm's client interface for delivery of bills to pay
• Better ACH payment options for bill payment
• Additional layer of department/location allocation
• Invoicing option in mobile app

Incentivized

• Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
• API is quite closed so cannot integrate with our other project management tools.

Incentivized

I do not see a good alternative in the market

Incentivized

It provides everything one needs for accounting services and then some at a price point that makes it very affordable.

Incentivized

I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.

Based in a cloud and never had any issues with down time. I can access from any device

Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."

Incentivized

Seek out others who have done it and learn from them.

Incentivized

I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.

Incentivized

I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.

Incentivized

• Allowed for standardized processes
• Improved efficiency in disbursement processing
• Bank feed is easily broken
• ACH payment options are not well established

Incentivized

• Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
• Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.