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FreeAgent vs. QuickBooks Self-Employed (discontinued)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FreeAgent

    Score5.6 out of 10
    N/AFreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.

    $13.50

    per month

    QuickBooks Self-Employed (discontinued)

    Score4.3 out of 10
    N/AA now discontinued accounting solution, QuickBooks Self-Employed featured tools to help the self-employed drive growth and financial stability. It is replaced by the more advanced QuickBooks Solopreneur.N/A
    Pricing
    FreeAgentQuickBooks Self-Employed (discontinued)
    Editions & Modules
    FreeAgent
    $13.50
    per month
    FreeAgent
    $135
    per year
    No answers on this topic
    Offerings
    Pricing Offerings
    FreeAgentQuickBooks Self-Employed (discontinued)
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Features
    FreeAgentQuickBooks Self-Employed (discontinued)
    Payroll Management
    Comparison of Payroll Management features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    8.6
    13 Ratings
    13% above category average
    QuickBooks Self-Employed (discontinued)
    7.8
    3 Ratings
    3% above category average
    Pay calculation8.012 Ratings10.02 Ratings
    Benefit plan administration8.56 Ratings5.02 Ratings
    Direct deposit files8.92 Ratings8.03 Ratings
    Salary revision and increment management8.86 Ratings8.02 Ratings
    Reimbursement management8.78 Ratings8.03 Ratings
    Customization
    Comparison of Customization features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    6.7
    13 Ratings
    12% below category average
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    28% above category average
    API for custom integration4.59 Ratings10.04 Ratings
    Plug-ins8.912 Ratings10.04 Ratings
    Security
    Comparison of Security features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    8.5
    14 Ratings
    4% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    8 Ratings
    20% above category average
    Single sign-on capability9.013 Ratings10.08 Ratings
    Role-based user permissions8.013 Ratings10.05 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    6.4
    23 Ratings
    20% below category average
    QuickBooks Self-Employed (discontinued)
    10.0
    14 Ratings
    25% above category average
    Dashboards7.121 Ratings10.012 Ratings
    Standard reports7.621 Ratings10.014 Ratings
    Custom reports4.410 Ratings10.08 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    8.7
    25 Ratings
    13% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    15 Ratings
    27% above category average
    Accounts payable8.020 Ratings10.09 Ratings
    Accounts receivable8.522 Ratings10.010 Ratings
    Cash management8.520 Ratings10.09 Ratings
    Bank reconciliation9.020 Ratings10.010 Ratings
    Expense management8.924 Ratings10.014 Ratings
    Time tracking9.018 Ratings10.07 Ratings
    Fixed asset management8.611 Ratings10.04 Ratings
    Multi-currency support8.110 Ratings10.02 Ratings
    Multi-division support9.05 Ratings10.02 Ratings
    Regulations compliance8.78 Ratings10.03 Ratings
    Electronic tax filing9.120 Ratings10.013 Ratings
    Self-service portal9.011 Ratings10.08 Ratings
    Journals and Reconciliations8.01 Ratings10.06 Ratings
    Global Financial Support00 Ratings10.02 Ratings
    Primary and Secondary Ledgers00 Ratings10.02 Ratings
    Intercompany Accounting00 Ratings10.03 Ratings
    Localizations00 Ratings10.03 Ratings
    Enterprise Accounting00 Ratings10.02 Ratings
    Configurable Accounting00 Ratings10.04 Ratings
    Centralized Rules Framework00 Ratings10.03 Ratings
    Standardized Processes00 Ratings10.05 Ratings
    Inventory Management
    Comparison of Inventory Management features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    7.4
    4 Ratings
    2% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    3 Ratings
    31% above category average
    Inventory tracking7.72 Ratings10.03 Ratings
    Automatic reordering8.21 Ratings10.03 Ratings
    Location management4.51 Ratings10.03 Ratings
    Manufacturing module9.11 Ratings10.02 Ratings
    Order Management
    Comparison of Order Management features of FreeAgent and QuickBooks Self-Employed (discontinued)
    Feature
    FreeAgent
    8.1
    13 Ratings
    9% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    30% above category average
    Pricing8.19 Ratings10.04 Ratings
    Order entry6.82 Ratings10.04 Ratings
    Credit card processing8.25 Ratings10.05 Ratings
    Cost of goods sold9.13 Ratings10.03 Ratings
    Order Orchestration00 Ratings10.02 Ratings
    End-to-end order visibility00 Ratings10.03 Ratings
    Order exception Resolution00 Ratings10.02 Ratings
    Best Alternatives
    FreeAgentQuickBooks Self-Employed (discontinued)
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Zoho Books
    Score8.8 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.3 out of 10
    Microsoft Dynamics GP
    Score5.3 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FreeAgentQuickBooks Self-Employed (discontinued)
    Likelihood to Recommend
    8.0
    (25 ratings)
    10.0
    (15 ratings)
    Likelihood to Renew
    9.0
    (1 ratings)
    10.0
    (1 ratings)
    Usability
    8.5
    (6 ratings)
    9.4
    (2 ratings)
    Availability
    8.9
    (5 ratings)
    -
    (0 ratings)
    Performance
    9.1
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    1.0
    (1 ratings)
    10.0
    (2 ratings)
    Implementation Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    CPA Rating
    9.1
    (1 ratings)
    -
    (0 ratings)
    Product Scalability
    8.2
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    FreeAgentQuickBooks Self-Employed (discontinued)
    Likelihood to Recommend
    FreeAgent
    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.
    Read full review
    Intuit
    QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
    Incentivized
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    Pros
    FreeAgent
    • 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.
    Read full review
    Intuit
    • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
    • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
    • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
    Incentivized
    Read full review
    Cons
    FreeAgent
    • 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
    Read full review
    Intuit
    • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
    • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
    Incentivized
    Read full review
    Likelihood to Renew
    FreeAgent
    We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
    Incentivized
    Read full review
    Intuit
    No answers on this topic
    Usability
    FreeAgent
    It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
    Incentivized
    Read full review
    Intuit
    I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
    Incentivized
    Read full review
    Reliability and Availability
    FreeAgent
    Based in a cloud and never had any issues with down time. I can access from any device
    Read full review
    Intuit
    No answers on this topic
    Support Rating
    FreeAgent
    I have never personally used support
    Incentivized
    Read full review
    Intuit
    I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
    Incentivized
    Read full review
    Implementation Rating
    FreeAgent
    Did not participate
    Incentivized
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    Intuit
    No answers on this topic
    Alternatives Considered
    FreeAgent
    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
    Read full review
    Intuit
    FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
    Incentivized
    Read full review
    Return on Investment
    FreeAgent
    • 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.
    Read full review
    Intuit
    • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
    • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
    • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
    Incentivized
    Read full review
    ScreenShots